LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.012%

Price spread now: Extended against ApeX Omni−0.256%7-day average −0.106% · you buy dearer than you sell

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$410.408% of the position

Long on ApeX Omni Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.046%−$5 on $10k

Price spread, last 3 days (all we have)+0.069%+$7 · spread now −0.256%, 7d avg −0.106%

Together, before fees+0.023%+ Points / potential airdropExtended: Active · farm board+$2 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 0.150% cheaper against ApeX Omni than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.106%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni LINKUSDT	13.173	0.0100	pay 0.0013% / 1h	30m 51s	$153K	$670K	50x
Short	Extended LINK-USD	13.139	0.0104	get 0.0013% / 1h	30m 51s	$670K	$1.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against ApeX 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee ExtendedbpOrdersPrice spread, now −0.256%Rate

Funding earned: $0.84
Price spread: −0.256% → −0.106%: −$15.01
Slippage, 4 orders: −$25.76
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$54.93
Costs to cover: 0.408%
Break-even: 464.7 days

Slippage from ApeX Omni: live order book, 47 min ago; Extended: live order book, 3 min ago.

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 ApeX Omni live order book, 47 min ago	5.31 bp	16.0 bp −$16	71.1 bp −$711	doesn't fit	doesn't fit
Sell Extended live order book, 3 min ago	3.04 bp	6.2 bp −$6	7.5 bp −$75	doesn't fit	doesn't fit

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	13.152	−0.156%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.159	−0.109%	$475K	$2.4M	3.7x	as long as short
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	13.151	−0.164%	$726K	$133K	50x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0006%	1h	13.155	−0.138%	$133K	—	150x	as long as short
Phoenix LINK	+0.0012%	1h	13.171	−0.017%	$4K	$84K	10x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−5.868%	$4K	$48K	12x	as long as short
Orderly PERP_LINK_USDC	+0.0044%	8h	13.148	−0.190%	$133K	$1.5M	20x	as long as short
Lighter LINK	+0.0096%	1h	13.139	−0.255%	$2.0M	$2.7M	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	13.148	−0.191%	$32K	$3K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	13.146	−0.201%	$401K	$311K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LINKUSDT	+0.0100%	8h	13.142	−0.234%	$1.4M	$3.0M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.153	−0.153%	$277K	$150K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.140	−0.251%	$122.2M	$304.4M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.139	−0.258%	$84.7M	$71.1M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.141	−0.243%	$27.7M	$85.5M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.167	−0.046%	$185K	$172K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.144	−0.220%	$130.2M	$12.8M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.143	−0.228%	$36.6M	$57.7M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.147	−0.197%	$22.7M	$15.3M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.136	−0.281%	$54.6M	$30.5M	75x	as long as short
BingX LINK-USDT	+0.0100%	8h	13.144	−0.220%	—	$21.3M	—	as long as short
Variational Omni LINK	+0.0100%	8h	13.146	−0.205%	$3.3M	$1.6M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.162	−0.083%	$44K	$309K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.156	−0.126%	$593K	$2.7M	10x	as long as short
ApeX Omni LINKUSDTlong	+0.0100%	1h	13.173	long leg	$153K	$670K	50x
Polymarket Perps LINK-USD	+0.0100%	1h	13.154	−0.144%	$82K	$69K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.148	−0.190%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.163	−0.079%	$34K	$1.6M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.147	−0.197%	$5K	$36K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.142	−0.234%	$646K	$884K	75x	as long as short
Extended LINK-USDshort	+0.0104%	1h	13.139	−0.256%	$670K	$1.9M	25x
Aevo LINK-PERP	+0.0104%	1h	13.149	−0.178%	$551K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0160%	1h	13.174	+0.008%	$997K	$2.8M	50x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.151	−0.167%	$5.3M	$17.3M	75x	as long as short
Backpack LINK_USDC_PERP	+0.0260%	1h	13.154	−0.144%	$363K	$379K	15x	as long as short
Hyperliquid LINK	+0.0274%	1h	13.159	−0.106%	$77.9M	$24.1M	10x	as long as short
Reya LINKRUSDPERP	+0.0378%	1h	13.148	−0.190%	$5K	—	20x	as long as short
Kraken Futures PF_LINKUSD	+0.0477%	1h	13.156	−0.132%	$7.0M	$8.2M	50x	as long as short
Phemex LINKUSDT	+0.0481%	8h	13.166	−0.053%	$20.4M	$11.6M	50x	as long as short
dYdX LINK-USD	+0.0658%	1h	13.142	−0.239%	$348K	$48K	10x	as long as short