ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0256%/8h= +28.1% APRnext payment +$0.32 per $10,000 · paid last 24h +0.014%

Price spread now: Hyperliquid against SoDEX+0.191%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 Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Hyperliquid is 0.191% dearer against SoDEX than usual: you sell high and buy low: +$19 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	0.2458	0.0100	pay 0.0013% / 1h	52m 16s	$338	$13K	10x
Short	Hyperliquid ADA	0.2462	0.0356	get 0.0045% / 1h	52m 16s	$43.6M	$18.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid 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 HyperliquidbpOrdersPrice spread, now +0.191%Rate

Funding earned: $53.82
Price spread: +0.191% → 0.000%: $19.12
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $55.95
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: SoDEX: no order-book sample; Hyperliquid: live order book, 11 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 Hyperliquid live order book, 11 min ago	0.20 bp	6.4 bp −$6	doesn't fit	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
dYdX ADA-USD	0.0000%	1h	0.2459	+0.044%	$202K	$2K	10x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2453	−0.178%	$84K	—	150x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	+0.541%	$849	$202K	12x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2460	+0.086%	$1.2M	$1.2M	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2459	+0.058%	$158K	$181K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2460	+0.078%	$104.0M	$407.4M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2459	+0.053%	$73.4M	$127.2M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2459	+0.053%	$32.8M	$119.3M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2460	+0.094%	$100.9M	$61.9M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2461	+0.134%	$56.6M	$66.9M	300x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ADAUSDTM	+0.0100%	8h	0.2461	+0.138%	$29.5M	$16.0M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2459	+0.053%	$66.8M	$54.1M	75x	as long as short
BingX ADA-USDC	+0.0100%	8h	0.2460	+0.094%	—	$6.5M	—	as long as short
Variational Omni ADA	+0.0100%	8h	0.2455	−0.106%	$4.2M	$1.1M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2452	−0.237%	$65K	$287K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2450	−0.322%	$292K	$3.8M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2450	−0.313%	$75K	$896K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2460	+0.114%	$117K	$1.4M	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2460	+0.094%	$6K	$5K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2462	+0.179%	$40K	$4K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2459	+0.062%	$8K	$754K	30x	as long as short
SoDEX ADA-USDlong	+0.0100%	1h	0.2458	long leg	$338	$13K	10x
HTX ADA-USDT	+0.0100%	8h	0.2461	+0.123%	$1.3M	$7.2M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2458	+0.012%	$47.6M	$7.6M	50x	as long as short
Kalshi KXADAPERP	+0.0101%	8h	0.2460	+0.094%	$204K	$7.8M	3.2x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2458	+0.008%	$506K	$1.8M	50x	as long as short
Paradex ADA-USD-PERP	+0.0105%	8h	0.2459	+0.042%	$21K	$250	20x	as long as short
Lighter ADA	+0.0128%	1h	0.2460	+0.106%	$2.4M	$996K	10x	as long as short
Coinbase International ADA-PERP-INTX	+0.0152%	1h	0.2453	−0.191%	$365K	$8.5M	50x	as long as short
Phoenix ADA	+0.0163%	1h	0.2456	−0.077%	$2K	$113K	10x	as long as short
Backpack ADA_USDC_PERP	+0.0188%	1h	0.2461	+0.130%	$142K	$486K	15x	as long as short
Kraken Futures PF_ADAUSD	+0.0198%	1h	0.2458	+0.001%	$6.4M	$14.1M	50x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2459	+0.053%	$4.5M	$5.9M	75x	as long as short
Reya ADARUSDPERP	+0.0272%	1h	0.2460	+0.094%	$1K	—	15x	as long as short
Hyperliquid ADAshort	+0.0356%	1h	0.2462	+0.191%	$43.6M	$18.3M	10x
GMX ADA/USD [WBTC.b-USDC]	L +0.0370% / S −0.0295%	1h	0.2458	+0.012%	$87K	—	100x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0441%	1h	0.2460	+0.102%	$638K	$739K	50x	as long as short