Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.023%
Price spread now: dYdX against Variational Omni−0.550%7-day average −0.015% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.084%−$8 on $10k
+Price spread, last 4 days (all we have)+0.699%+$70 · spread now −0.550%, 7d avg −0.015%
=Together, before fees+0.615%+ Points / potential airdropVariational Omni: Active · farm board+$61 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.535% cheaper against Variational Omni than usual: you would sell low and buy high (−$54 if the spread goes back to its 7-day average of −0.015%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ADA | 0.2514 | 0.0100 | pay 0.0100% / 8h | 3h 49m | $4.4M | $1.1M | — |
| Short | dYdX ADA-USD | 0.2500 | 0 | get 0.0000% / 1h | 49m 36s | $206K | $2K | 10x |
Variational Omni ADA
dYdX ADA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Variational Omni. 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
- −$21
- Price spread: −0.550% → −0.015%
- −$53.53
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$84.53
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; dYdX: live order book, 4 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 Variational Omni RFQ quote, 5 min ago | 8.00 bp | doesn't fit | 12.0 bp −$120 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 4 min ago | 125.97 bp | 131.0 bp −$131 | 131.0 bp −$1,310 | 131.0 bp −$13.1K | 131.2 bp −$65.6K |
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-USDshort | 0.0000% | 1h | 0.2500 | −0.550% | $206K | $2K | 10x | |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2513 | −0.042% | $186K | $6.7M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2506 | −0.308% | $86K | — | 150x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0025% | 1h | 0.2507 | −0.267% | $6.4M | $12.8M | 50x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | −1.713% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0080% | 1h | 0.2508 | −0.241% | $430K | $8.1M | 50x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2505 | −0.353% | $1.2M | $1.0M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2502 | −0.484% | $161K | $168K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2499 | −0.589% | $105.3M | $378.8M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2497 | −0.679% | $73.6M | $110.9M | 75x | as long as short |
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-SWAP | +0.0100% | 8h | 0.2499 | −0.599% | $33.5M | $109.6M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2499 | −0.599% | $101.7M | $59.9M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2499 | −0.599% | $59.9M | $60.5M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2501 | −0.519% | $30.1M | $15.2M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2498 | −0.639% | $67.7M | $50.5M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2498 | −0.639% | — | $6.6M | — | as long as short |
| Variational Omni ADAlong | +0.0100% | 8h | 0.2514 | long leg | $4.4M | $1.1M | — | |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2507 | −0.282% | $67K | $284K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2506 | −0.332% | $296K | $3.9M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2508 | −0.241% | $231K | $749K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2508 | −0.245% | $96K | $697K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2507 | −0.281% | $6K | $6K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2508 | −0.259% | $41K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2510 | −0.165% | $8K | $733K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2507 | −0.261% | $345 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2507 | −0.276% | $1.4M | $6.5M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2507 | −0.281% | $48.9M | $6.6M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2498 | −0.646% | $543K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0115% | 8h | 0.2500 | −0.572% | $21K | $250 | 20x | as long as short |
| Lighter ADA | +0.0136% | 1h | 0.2505 | −0.380% | $2.5M | $1.1M | 10x | as long as short |
| Phoenix ADA | +0.0161% | 1h | 0.2520 | +0.252% | $4K | $95K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2518 | +0.157% | $4.6M | $5.9M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0278% | 1h | 0.2507 | −0.280% | $1K | — | 15x | as long as short |
| Backpack ADA_USDC_PERP | +0.0367% | 1h | 0.2509 | −0.221% | $140K | $455K | 15x | as long as short |
| Hyperliquid ADA | +0.0538% | 1h | 0.2507 | −0.277% | $44.9M | $16.0M | 10x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0601% / S −0.0547% | 1h | 0.2507 | −0.295% | $135K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.1586% | 1h | 0.2510 | −0.142% | $623K | $510K | 50x | as long as short |
OKX ADA-USDT-SWAP
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDC
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
Reya ADARUSDPERP
Backpack ADA_USDC_PERP
Hyperliquid ADA
GMX ADA/USD [WBTC.b-USDC]
Deribit ADA_USDC-PERPETUAL