Settings8H · net · $10k
Funding arb · Price arb /

ADA

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.011%
Price spread now: Extended against Variational Omni+0.420%7-day average −0.040% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.035%−$4 on $10k
Price spread, last 4 days (all we have)−0.277%−$28 · spread now +0.420%, 7d avg −0.040%
Together, before fees−0.312%+ Points / potential airdropVariational Omni: Active · Extended: Active · farm board−$31 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.460% dearer against Variational Omni than usual: you sell high and buy low, +$46 on $10k if it goes back to its 7-day average of −0.040%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ADA0.24640.0100pay 0.0100% / 8h52m 03s$4.2M$1.0M
ShortExtended ADA-USD0.24750.0104get 0.0013% / 1h52m 03s$561K$1.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

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

Profit calculator

Funding earned
$0.84
Price spread: +0.420% → −0.040%
$46.02
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$41.86
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Extended: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 2 min ago6.08 bpdoesn't fit10.1 bp −$101doesn't fitdoesn't fit
Sell Extended live order book, 2 min ago2.02 bp4.5 bp −$59.6 bp −$96doesn't fitdoesn't fit

ADA on 37 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ADA-USD0.0000%1h0.2472+0.317%$203K$4K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2474+0.399%$161K$6.0M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2471+0.277%$85K150xas long as short
Coinbase International ADA-PERP-INTX+0.0056%1h0.2471+0.277%$415K$7.4M50xas long as short
Lighter ADA+0.0096%1h0.2474+0.387%$2.5M$1.3M10xas long as short
Hyperliquid ADA+0.0100%1h0.2473+0.379%$42.9M$14.2M10xas long as short
Aster ADAUSDT+0.0100%8h0.2472+0.312%$1.2M$925K75xas long as short
Pacifica ADA+0.0100%1h0.2473+0.375%$158K$146K10xas long as short
Binance ADAUSDT+0.0100%8h0.2473+0.365%$102.9M$361.2M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2473+0.358%$72.1M$102.7M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ADA-USDT-SWAP+0.0100%8h0.2476+0.480%$32.6M$107.8M50xas long as short
Gate ADA_USDT+0.0100%8h0.2472+0.318%$97.9M$59.2M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2474+0.399%$52.9M$50.5M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2472+0.338%$30.3M$18.1M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2474+0.399%$66.3M$43.4M75xas long as short
BingX ADA-USDC+0.0100%8h0.2473+0.358%$6.5Mas long as short
Variational Omni ADAlong+0.0100%8h0.2464long leg$4.2M$1.0M
edgeX ADAUSDC+0.0100%4h0.2468+0.158%$66K$280K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2468+0.156%$288K$3.8M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2464−0.007%$56K$581K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2473+0.342%$97K$626K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2471+0.277%$6K$36K20xas long as short
Derive ADA-PERP+0.0100%1h0.2472+0.320%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2475+0.438%$9K$760K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2472+0.338%$340$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2471+0.296%$1.3M$5.3M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2472+0.318%$48.3M$5.9M50xas long as short
Paradex ADA-USD-PERP+0.0100%8h0.2473+0.366%$21K$25020xas long as short
Extended ADA-USDshort+0.0104%1h0.2475+0.420%$561K$1.8M50x
Kraken Futures PF_ADAUSD+0.0112%1h0.2473+0.339%$6.2M$11.6M50xas long as short
Phoenix ADA+0.0130%1h0.2468+0.160%$4K$78K10xas long as short
Backpack ADA_USDC_PERP+0.0139%1h0.2473+0.350%$109K$418K15xas long as short
BloFin ADA-USDT+0.0220%8h0.2471+0.277%$4.4M$5.5M75xas long as short
Injective ADA/USDC PERP+0.0254%1h0.2471+0.277%$849$202K12xas long as short
Reya ADARUSDPERP+0.0284%1h0.2473+0.342%$1K15xas long as short
Deribit ADA_USDC-PERPETUAL+0.0357%1h0.2472+0.322%$489K$404K50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0568% / S −0.0313%1h0.2472+0.303%$123K100xas long as short