Funding you earn now, next payment 01:00 UTC−0.0053%/8h= −5.8% APRpaid last 24h +0.011%
Price spread now: Kraken Futures against Variational Omni−0.058%7-day average +0.024% · 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)+0.014%+$1 on $10k
+Price spread, last 3 days (all we have)+0.308%+$31 · spread now −0.058%, 7d avg +0.024%
=Together, before fees+0.322%+ Points / potential airdropVariational Omni: Active · farm board+$32 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Kraken Futures is 0.082% cheaper against Variational Omni than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.024%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ADA | 0.2460 | 0.0100 | pay 0.0100% / 8h | 7h 35m | $4.2M | $942K | — |
| Short | Kraken Futures PF_ADAUSD | 0.2459 | 0.0047 | get 0.0006% / 1h | 35m 21s | $6.2M | $11.7M | 50x |
Variational Omni ADA
Kraken Futures PF_ADAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$11.06
- Price spread: −0.058% → +0.024%
- −$8.19
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$29.24
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Kraken Futures: 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, 4 min ago | 8.15 bp | doesn't fit | 12.2 bp −$122 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 2.86 bp | 13.2 bp −$13 | 16.2 bp −$162 | 40.4 bp −$4,035 | doesn't fit |
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 | 0.2463 | +0.102% | $203K | $4K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2463 | +0.117% | $189K | $6.1M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2458 | −0.105% | $84K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.442% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0040% | 1h | 0.2455 | −0.208% | $412K | $7.2M | 50x | as long as short |
| Kraken Futures PF_ADAUSDshort | +0.0047% | 1h | 0.2459 | −0.058% | $6.2M | $11.7M | 50x | |
| Lighter ADA | +0.0096% | 1h | 0.2465 | +0.202% | $2.5M | $1.1M | 10x | as long as short |
| Phoenix ADA | +0.0098% | 1h | 0.2454 | −0.257% | $4K | $84K | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2464 | +0.158% | $1.2M | $946K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2464 | +0.139% | $158K | $145K | 10x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Lighter ADA
Phoenix ADA
Aster ADAUSDT
Pacifica ADAShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ADAUSDT | +0.0100% | 8h | 0.2458 | −0.086% | $101.9M | $364.3M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2458 | −0.086% | $71.9M | $103.8M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2459 | −0.045% | $32.5M | $106.8M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2458 | −0.086% | $97.6M | $58.5M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2460 | −0.005% | $52.8M | $51.0M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2462 | +0.085% | $30.2M | $17.8M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2458 | −0.086% | $66.0M | $43.9M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2458 | −0.086% | — | $20.4M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2463 | +0.125% | $117K | $416K | 15x | as long as short |
| Variational Omni ADAlong | +0.0100% | 8h | 0.2460 | long leg | $4.2M | $942K | — | |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2452 | −0.315% | $65K | $281K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2453 | −0.289% | $296K | $3.7M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2456 | −0.167% | $56K | $583K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2460 | −0.009% | $93K | $645K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2458 | −0.086% | $6K | $29K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2459 | −0.042% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2460 | −0.005% | $9K | $763K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2459 | −0.054% | $338 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2463 | +0.098% | $1.3M | $5.5M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2461 | +0.036% | $48.1M | $5.9M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0101% | 8h | 0.2465 | +0.183% | $21K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2458 | −0.086% | $554K | $1.8M | 50x | as long as short |
| Hyperliquid ADA | +0.0109% | 1h | 0.2463 | +0.125% | $42.9M | $14.4M | 10x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0197% | 1h | 0.2459 | −0.029% | $494K | $435K | 50x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2456 | −0.167% | $4.4M | $5.5M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0283% | 1h | 0.2460 | −0.024% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0625% / S −0.0393% | 1h | 0.2457 | −0.124% | $141K | — | 100x | as long as short |
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDT
Backpack ADA_USDC_PERP
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
Paradex ADA-USD-PERP
Extended ADA-USD
Hyperliquid ADA
Deribit ADA_USDC-PERPETUAL
BloFin ADA-USDT
Reya ADARUSDPERP
GMX ADA/USD [WBTC.b-USDC]