LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.020%

Price spread now: Injective against ApeX Omni−5.408%7-day average — · you buy dearer than you sell

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

Long on ApeX Omni Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.949%+$95 on $10k

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

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 5.408% cheaper against ApeX Omni than usual: you would sell low and buy high (−$541 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.949%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni LINKUSDT	13.109	0.0100	pay 0.0013% / 1h	51m 37s	$153K	$660K	50x
Short	Injective LINK/USDC PERP	12.400	0.0033	get 0.0004% / 1h	51m 37s	$4K	$48K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now −5.408%Rate

Funding earned: −$14
Price spread: −5.408% → 0.000%: −$540.85
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$564.87
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: ApeX Omni: live order book, 36 min ago; Injective: 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 ApeX Omni live order book, 36 min ago	4.53 bp	12.8 bp −$13	80.8 bp −$808	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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 +0.0166%	1h	13.086	−0.178%	$1.7M	—	200x	as long as short
dYdX LINK-USD	0.0000%	1h	13.067	−0.320%	$346K	$60K	10x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.080	−0.220%	$455K	$2.3M	3.7x	as long as short
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	13.081	−0.217%	$697K	$107K	50x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0003% / S −0.0002%	1h	13.087	−0.168%	$83K	—	150x	as long as short
Phoenix LINK	+0.0018%	1h	13.127	+0.141%	$3K	$84K	10x	as long as short
Variational Omni LINK	+0.0031%	8h	13.109	+0.003%	$3.3M	$1.6M	—	as long as short
Injective LINK/USDC PERPshort	+0.0033%	1h	12.400	−5.408%	$4K	$48K	12x
Orderly PERP_LINK_USDC	+0.0056%	8h	13.069	−0.305%	$134K	$1.6M	20x	as long as short
Lighter LINK	+0.0096%	1h	13.067	−0.320%	$2.1M	$2.4M	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex LINK-USD-PERP	+0.0100%	8h	13.046	−0.482%	$31K	$3K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	13.078	−0.236%	$399K	$316K	10x	as long as short
Hyperliquid LINK	+0.0100%	1h	13.080	−0.221%	$77.9M	$23.0M	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	13.075	−0.259%	$1.6M	$2.7M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.061	−0.369%	$274K	$155K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.058	−0.388%	$120.8M	$300.8M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.050	−0.450%	$84.2M	$69.4M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.047	−0.473%	$27.6M	$84.6M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.081	−0.214%	$183K	$170K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.059	−0.381%	$130.2M	$12.5M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.049	−0.458%	$35.2M	$55.8M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.066	−0.328%	$21.9M	$16.0M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.052	−0.435%	$54.0M	$30.2M	75x	as long as short
BingX LINK-USDT	+0.0100%	8h	13.052	−0.435%	—	$21.8M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	13.082	−0.206%	$362K	$370K	15x	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.117	+0.059%	$43K	$306K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.133	+0.183%	$591K	$2.8M	10x	as long as short
ApeX Omni LINKUSDTlong	+0.0100%	1h	13.109	long leg	$153K	$660K	50x
Polymarket Perps LINK-USD	+0.0100%	1h	13.082	−0.206%	$79K	$62K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.074	−0.266%	$22K	$16K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.094	−0.111%	$34K	$1.6M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.075	−0.259%	$5K	$40K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.078	−0.237%	$640K	$905K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.050	−0.451%	$665K	$1.9M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	13.078	−0.233%	$548K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0104%	1h	13.084	−0.191%	$987K	$2.7M	50x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.090	−0.145%	$5.2M	$16.6M	75x	as long as short
Reya LINKRUSDPERP	+0.0372%	1h	13.080	−0.218%	$5K	—	20x	as long as short
Kraken Futures PF_LINKUSD	+0.0507%	1h	13.084	−0.194%	$6.9M	$7.7M	50x	as long as short
Phemex LINKUSDT	+0.0511%	8h	13.092	−0.130%	$20.2M	$11.5M	50x	as long as short