Funding you earn now, next payment 05:00 UTC−0.0178%/8h= −19.4% APRpaid last 24h −0.058%
Price spread now: OKX against Reya−0.159%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and OKX is 0.159% cheaper against Reya than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya ADARUSDPERP | 0.2511 | 0.0278 | pay 0.0035% / 1h | 47m 48s | $1K | — | 15x |
| Short | OKX ADA-USDT-SWAP | 0.2507 | 0.0100 | get 0.0100% / 8h | 3h 47m | $33.5M | $110.2M | 50x |
Reya ADARUSDPERP
OKX ADA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Reya. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$37.28
- Price spread: −0.159% → 0.000%
- −$15.92
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$69.19
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; OKX: live order book, 1 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Reya no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 1 min ago | 2.00 bp | 7.0 bp −$7 | 14.3 bp −$143 | 50.4 bp −$5,039 | doesn't fit |
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ADA on 37 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ADA-USD | 0.0000% | 1h | 0.2508 | −0.136% | $206K | $2K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2507 | −0.159% | $173K | $6.7M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2507 | −0.144% | $86K | — | 150x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0025% | 1h | 0.2508 | −0.133% | $6.4M | $12.9M | 50x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | −1.593% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0080% | 1h | 0.2507 | −0.159% | $429K | $8.2M | 50x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2508 | −0.127% | $1.2M | $1.0M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2506 | −0.197% | $161K | $168K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2508 | −0.136% | $106.4M | $379.8M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2506 | −0.199% | $74.0M | $111.2M | 75x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Kraken Futures PF_ADAUSD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ADA-USDT-SWAPshort | +0.0100% | 8h | 0.2507 | −0.159% | $33.5M | $110.2M | 50x | |
| Gate ADA_USDT | +0.0100% | 8h | 0.2506 | −0.199% | $102.2M | $60.1M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2507 | −0.159% | $61.5M | $60.8M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2507 | −0.143% | $30.2M | $15.2M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2507 | −0.159% | $68.2M | $50.7M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2507 | −0.159% | — | $6.5M | — | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2514 | +0.122% | $4.4M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2507 | −0.160% | $67K | $284K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2506 | −0.210% | $296K | $3.9M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2508 | −0.119% | $231K | $749K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2512 | +0.028% | $96K | $698K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2509 | −0.080% | $6K | $6K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2510 | −0.051% | $41K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2508 | −0.122% | $9K | $734K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2507 | −0.139% | $345 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2508 | −0.127% | $1.4M | $6.6M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2508 | −0.119% | $48.9M | $6.6M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2507 | −0.167% | $543K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0115% | 8h | 0.2511 | +0.007% | $21K | $250 | 20x | as long as short |
| Lighter ADA | +0.0128% | 1h | 0.2510 | −0.036% | $2.5M | $1.1M | 10x | as long as short |
| Phoenix ADA | +0.0161% | 1h | 0.2510 | −0.060% | $4K | $95K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2499 | −0.478% | $4.5M | $5.9M | 75x | as long as short |
| Reya ADARUSDPERPlong | +0.0278% | 1h | 0.2511 | long leg | $1K | — | 15x | |
| Backpack ADA_USDC_PERP | +0.0345% | 1h | 0.2508 | −0.115% | $142K | $460K | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0508% | 1h | 0.2509 | −0.076% | $622K | $510K | 50x | as long as short |
| Hyperliquid ADA | +0.0534% | 1h | 0.2510 | −0.048% | $44.9M | $16.0M | 10x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0601% / S −0.0547% | 1h | 0.2507 | −0.140% | $135K | — | 100x | as long as short |
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDC
Variational Omni ADA
edgeX ADAUSDC
GRVT ADA_USDT_Perp
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
Orderly PERP_ADA_USDC
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Extended ADA-USD
Paradex ADA-USD-PERP
Lighter ADA
Phoenix ADA
BloFin ADA-USDT
Backpack ADA_USDC_PERP
Deribit ADA_USDC-PERPETUAL
Hyperliquid ADA
GMX ADA/USD [WBTC.b-USDC]