Funding you earn now, next payment 05:00 UTC+0.0060%/8h= +6.6% APRpaid last 24h +0.001%
Price spread now: Lighter against Variational Omni+0.737%7-day average −0.017% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.002%$0 on $10k
+Price spread, last 7 days−0.811%−$81 · spread now +0.737%, 7d avg −0.017%
=Together, before fees−0.809%+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm board−$81 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Lighter is 0.753% dearer against Variational Omni than usual: you sell high and buy low: +$75 more if the spread goes back to its 7-day average of −0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ADA | 0.2489 | 0.0100 | pay 0.0100% / 8h | 3h 53m | $4.3M | $1.1M | — |
| Short | Lighter ADA | 0.2507 | 0.0160 | get 0.0020% / 1h | 53m 42s | $2.5M | $1.1M | 10x |
Variational Omni ADA
Lighter ADAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $12.6
- Price spread: +0.737% → −0.017%
- $75.32
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $87.92
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, just now; Lighter: live order book, 3 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, just now | 8.00 bp | doesn't fit | 12.0 bp −$120 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 3 min ago | 3.22 bp | 4.4 bp −$4 | 14.6 bp −$146 | 46.8 bp −$4,681 | 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 | 0.2506 | +0.663% | $206K | $2K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2500 | +0.439% | $294K | $6.5M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2494 | +0.213% | $88K | — | 150x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0026% | 1h | 0.2494 | +0.207% | $6.4M | $12.6M | 50x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | −0.726% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0080% | 1h | 0.2494 | +0.198% | $416K | $8.0M | 50x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2506 | +0.680% | $1.2M | $1.0M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2502 | +0.516% | $162K | $160K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2507 | +0.710% | $105.6M | $376.7M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2505 | +0.640% | $73.5M | $109.8M | 75x | as long as short |
dYdX ADA-USD
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 | 0.2508 | +0.761% | $33.7M | $108.3M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2503 | +0.560% | $100.2M | $59.2M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2504 | +0.600% | $62.3M | $60.0M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2504 | +0.584% | $30.3M | $15.1M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2505 | +0.640% | $67.7M | $50.4M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2507 | +0.721% | — | $6.6M | — | as long as short |
| Variational Omni ADAlong | +0.0100% | 8h | 0.2489 | long leg | $4.3M | $1.1M | — | |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2486 | −0.104% | $66K | $283K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2488 | −0.043% | $292K | $3.9M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2489 | −0.003% | $229K | $748K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2499 | +0.391% | $97K | $693K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2494 | +0.198% | $6K | $5K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2496 | +0.273% | $40K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2496 | +0.276% | $8K | $732K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2495 | +0.218% | $343 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2499 | +0.380% | $1.4M | $6.4M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2495 | +0.238% | $48.7M | $6.6M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2504 | +0.592% | $542K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0115% | 8h | 0.2504 | +0.595% | $21K | $250 | 20x | as long as short |
| Lighter ADAshort | +0.0160% | 1h | 0.2507 | +0.737% | $2.5M | $1.1M | 10x | |
| Phoenix ADA | +0.0195% | 1h | 0.2478 | −0.441% | $4K | $95K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2496 | +0.279% | $4.6M | $5.8M | 75x | as long as short |
| Backpack ADA_USDC_PERP | +0.0268% | 1h | 0.2500 | +0.443% | $132K | $446K | 15x | as long as short |
| Reya ADARUSDPERP | +0.0278% | 1h | 0.2495 | +0.238% | $1K | — | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0512% | 1h | 0.2496 | +0.271% | $613K | $496K | 50x | as long as short |
| Hyperliquid ADA | +0.0568% | 1h | 0.2508 | +0.765% | $44.1M | $15.3M | 10x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0599% / S −0.0547% | 1h | 0.2494 | +0.214% | $135K | — | 100x | 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
Phoenix ADA
BloFin ADA-USDT
Backpack ADA_USDC_PERP
Reya ADARUSDPERP
Deribit ADA_USDC-PERPETUAL
Hyperliquid ADA
GMX ADA/USD [WBTC.b-USDC]