ADA Funding Rate — live across 17 venues
Perpetual funding · compared across 17 venues · net of estimated fees · updated every few minutesLive annualized ADA perpetual funding across all 17 venues Perpia tracks. Right now ADA funding is positive on 13 and negative on 2, ranging from +11.4% on Extended to -0.9% on Lighter — a spread of 12.3%. The widest delta-neutral trade is long Lighter / short Extended at 9.6% net APR.
ADA funding trend & liquidity
168h of historyAverages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.
Loading ADA rate history…
Build a route
any two of the 17 venuesThis is the widest route right now. The number is gross: fees, the entry spread and slippage are not in it, and both legs must be tradeable for you. The scanner carries the same pairs net of costs.
Venues: pick the two legs
sorted by rate · 17 venues| Venue | Funding APR ↓ | Interval | Use as |
|---|---|---|---|
| Extended↗short | +11.4% | every 1h | |
| Hyperliquid↗ | +10.9% | every 1h | |
| Gate.io↗ | +10.9% | every 8h | |
| BingX↗ | +10.9% | every 8h | |
| Bybit↗ | +10.9% | every 8h | |
| Bitget↗ | +10.9% | every 8h | |
| Variational↗ | +10.9% | every 8h | |
| HTX↗ | +10.9% | every 8h | |
| Binance↗ | +8.9% | every 8h | |
| Aster↗ | +8.8% | every 8h | |
| MEXC↗ | +8.7% | every 8h | |
| BackPack↗ | +3.6% | every 1h | |
| OKX↗ | +0.8% | every 8h | |
| GMTrade↗ | +0.0% | every 1h | |
| Ostium↗ | +0.0% | every 1h | |
| below — these venues pay the longs: this is the leg you buy | |||
| KuCoin↗ | −0.5% | every 8h | |
| Lighter↗long | −0.9% | every 8h | |
Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the Lighter vs Extended page. 60 pairs scanned for ADA.
ADA arbitrage — 30-day backtest
long Lighter · short ExtendedOver the last 30 days, holding long Lighter / short Extended would have produced 9.8% APR — versus the 9.6% the live spread implies right now (equity $10,000 → $10,081). This is a backtest on historical funding, not a live result: funding drifts and decays, so backtested results rarely match the current headline rate — which is why size and holding window matter more than the top-line number.
Open full interactive backtest →ADA — FAQ
Is ADA funding positive right now?
ADA perpetual funding is positive on 13 of 17 venues Perpia tracks and negative on 2. The highest is +11.4% on Extended; the lowest is -0.9% on Lighter.
What is the best ADA funding arbitrage right now?
Go long Lighter and short Extended for about 9.6% net APR after fees — the widest delta-neutral ADA spread Perpia currently sees.
Which exchange has the highest ADA funding rate?
Extended, at +11.4% annualized. Funding shifts continuously, so check the live table above before trading.
How ADA funding arbitrage works
Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.
Markets related to ADA
also quoted on both Extended and LighterThe same two exchanges you would already have funded for the ADA trade. Every spread between them is on the Extended vs Lighter page.