ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0344%/8h= +37.7% APRnext payment +$0.43 per $10,000 · paid last 24h +0.089%

Price spread now: Deribit against SoDEX+0.033%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SoDEX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Deribit is 0.033% dearer against SoDEX than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX ADA-USD	0.2450	0.0100	pay 0.0013% / 1h	2m 12s	$337	$13K	10x
Short	Deribit ADA_USDC-PERPETUAL	0.2451	0.0444	get 0.0056% / 1h	2m 12s	$624K	$616K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against SoDEX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee SoDEXbpFee DeribitbpOrdersPrice spread, now +0.033%Rate

Funding earned: $72.24
Price spread: +0.033% → 0.000%: $3.26
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $60.5
Costs to cover: 0.150%
Break-even: 1.1 days

Slippage unknown: SoDEX: no order-book sample; Deribit: live order book, 42 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 SoDEX no order-book sample	—	—	—	—	—
Sell Deribit live order book, 42 min ago	2.66 bp	10.6 bp −$11	16.8 bp −$168	doesn't fit	doesn't fit

SoDEX: 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
Kalshi KXADAPERP	0.0000%	8h	0.2452	+0.061%	$172K	$7.6M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2451	+0.035%	$84K	—	150x	as long as short
dYdX ADA-USD	+0.0030%	1h	0.2452	+0.052%	$202K	$2K	10x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	+0.837%	$849	$202K	12x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2450	−0.020%	$6K	$5K	20x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2451	+0.001%	$1.2M	$1.1M	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2453	+0.083%	$157K	$178K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2451	+0.020%	$103.3M	$407.8M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2451	+0.020%	$72.8M	$125.1M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2450	−0.020%	$32.6M	$118.1M	50x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ADA_USDT	+0.0100%	8h	0.2451	+0.020%	$100.3M	$65.3M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2452	+0.061%	$53.3M	$66.6M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2452	+0.061%	$29.5M	$16.0M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2450	−0.020%	$66.6M	$53.5M	75x	as long as short
BingX ADA-USDT	+0.0100%	8h	0.2453	+0.102%	—	$20.2M	—	as long as short
Variational Omni ADA	+0.0100%	8h	0.2464	+0.554%	$4.2M	$1.1M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2462	+0.475%	$66K	$287K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2461	+0.443%	$300K	$3.9M	10x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2452	+0.053%	$127K	$1.3M	10x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2455	+0.165%	$40K	$4K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2453	+0.102%	$8K	$757K	30x	as long as short
SoDEX ADA-USDlong	+0.0100%	1h	0.2450	long leg	$337	$13K	10x
HTX ADA-USDT	+0.0100%	8h	0.2452	+0.061%	$1.3M	$7.1M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2450	−0.020%	$47.5M	$7.5M	50x	as long as short
ApeX Omni ADAUSDT	+0.0102%	1h	0.2462	+0.469%	$79K	$893K	50x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2450	−0.028%	$516K	$1.8M	50x	as long as short
Paradex ADA-USD-PERP	+0.0106%	8h	0.2453	+0.104%	$21K	$250	20x	as long as short
Lighter ADA	+0.0120%	1h	0.2452	+0.078%	$2.4M	$1.0M	10x	as long as short
Coinbase International ADA-PERP-INTX	+0.0120%	1h	0.2453	+0.102%	$366K	$8.5M	50x	as long as short
Backpack ADA_USDC_PERP	+0.0133%	1h	0.2454	+0.155%	$139K	$487K	15x	as long as short
Phoenix ADA	+0.0163%	1h	0.2462	+0.473%	$4K	$111K	10x	as long as short
Kraken Futures PF_ADAUSD	+0.0170%	1h	0.2451	+0.010%	$6.3M	$13.9M	50x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2454	+0.143%	$4.5M	$5.9M	75x	as long as short
Reya ADARUSDPERP	+0.0274%	1h	0.2451	+0.021%	$1K	—	15x	as long as short
Hyperliquid ADA	+0.0283%	1h	0.2454	+0.139%	$43.1M	$18.1M	10x	as long as short
Deribit ADA_USDC-PERPETUALshort	+0.0444%	1h	0.2451	+0.033%	$624K	$616K	50x
GMX ADA/USD [WBTC.b-USDC]	L +0.0602% / S −0.0679%	1h	0.2451	+0.014%	$156K	—	100x	as long as short