LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0278%/8h= +30.4% APRnext payment +$0.35 per $10,000 · paid last 24h +0.074%

Price spread now: Reya against Aevo+0.066%53s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Reya is 0.066% dearer against Aevo than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo LINK-PERP	13.172	0.0104	pay 0.0013% / 1h	15m 29s	$552K	$2K	3x
Short	Reya LINKRUSDPERP	13.180	0.0382	get 0.0048% / 1h	15m 29s	$5K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Aevo. 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

Position, each leg$Hold fordaysFee AevobpFee ReyabpOrdersPrice spread, now +0.066%Rate

Funding earned: $58.36
Price spread: +0.066% → 0.000%: $6.56
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Reya: 3 bp × 2 orders: −$6
Net: $42.91
Costs to cover: 0.220%
Break-even: 1.9 days

Slippage unknown: Aevo: live order book, 59 min ago; Reya: no order-book sample. 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 Aevo live order book, 59 min ago	20.97 bp	30.8 bp −$31	164.3 bp −$1,643	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

LINK on 40 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
GMX LINK/USD [LINK-USDC]	L −0.0091% / S +0.0167%	1h	13.165	−0.054%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.165	−0.055%	$469K	$2.2M	3.7x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0007%	1h	13.165	−0.049%	$134K	—	150x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−5.859%	$4K	$48K	12x	as long as short
Phoenix LINK	+0.0036%	1h	13.142	−0.229%	$4K	$89K	10x	as long as short
Orderly PERP_LINK_USDC	+0.0067%	8h	13.164	−0.058%	$133K	$1.5M	20x	as long as short
Lighter LINK	+0.0096%	1h	13.176	+0.031%	$2.0M	$2.7M	10x	as long as short
Paradex LINK-USD-PERP	+0.0099%	8h	13.207	+0.265%	$32K	$2K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	13.178	+0.052%	$404K	$307K	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	13.176	+0.031%	$1.4M	$3.0M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica LINK	+0.0100%	1h	13.180	+0.064%	$276K	$154K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.182	+0.081%	$122.4M	$299.7M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.177	+0.040%	$85.0M	$70.5M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.181	+0.071%	$27.6M	$84.2M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.189	+0.131%	$185K	$172K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.176	+0.033%	$130.5M	$12.5M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.182	+0.078%	$37.2M	$59.1M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.185	+0.101%	$23.0M	$14.5M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.177	+0.040%	$54.6M	$30.1M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	13.178	+0.048%	—	$6.6M	—	as long as short
Variational Omni LINK	+0.0100%	8h	13.154	−0.131%	$3.4M	$1.5M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.139	−0.245%	$44K	$310K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.140	−0.239%	$590K	$2.7M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.150	−0.165%	$153K	$668K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.186	+0.109%	$82K	$69K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.164	−0.055%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.172	+0.005%	$34K	$1.5M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.175	+0.025%	$14K	$32K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.152	−0.146%	$648K	$870K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.172	+0.004%	$667K	$1.9M	25x	as long as short
Aevo LINK-PERPlong	+0.0104%	1h	13.172	long leg	$552K	$2K	3x
Coinbase International LINK-PERP-INTX	+0.0120%	1h	13.180	+0.063%	$1.0M	$2.7M	50x	as long as short
Deribit LINK_USDC-PERPETUAL	+0.0175%	1h	13.175	+0.029%	$782K	$211K	50x	as long as short
Backpack LINK_USDC_PERP	+0.0178%	1h	13.180	+0.063%	$365K	$364K	15x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.141	−0.233%	$5.2M	$15.4M	75x	as long as short
Kraken Futures PF_LINKUSD	+0.0364%	1h	13.183	+0.088%	$6.9M	$8.0M	50x	as long as short
Reya LINKRUSDPERPshort	+0.0382%	1h	13.180	+0.066%	$5K	—	20x
dYdX LINK-USD	+0.0457%	1h	13.180	+0.061%	$349K	$48K	10x	as long as short
Hyperliquid LINK	+0.0558%	1h	13.199	+0.207%	$81.5M	$25.0M	10x	as long as short
Phemex LINKUSDT	+0.0615%	8h	13.183	+0.086%	$20.4M	$11.6M	50x	as long as short