Settings8H · net · $10k
Funding arb · Price arb /

LINK

all LINK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.030%
Price spread now: BloFin against Aster−0.211%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$410.411% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.173%+$17 on $10k
Price spread, last 3 days (all we have)+0.186%+$19 · spread now −0.211%, 7d avg −0.031%
Together, before fees+0.359%+ Points / potential airdropAster: Stage 5 · farm board+$36 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.180% cheaper against Aster than usual: you would sell low and buy high (spread −0.211% now, against its 7-day average of −0.031%). If the spread goes back, that is −$18 on $10k: about 5.0 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster LINKUSDT13.1710.0100pay 0.0100% / 8h2h 13m$1.6M$2.7M50x
ShortBloFin LINK-USDT13.1430.0220get 0.0220% / 8h2h 13m$5.2M$16.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Aster. 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

Funding earned
$25.2
Price spread: −0.211% → −0.031%
−$17.96
Slippage, 4 orders
−$21.08
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$33.84
Costs to cover
0.411%
Break-even
16.4 days
Slippage from Aster: live order book, 5 min ago; BloFin: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 5 min ago1.52 bp16.5 bp −$1632.4 bp −$324doesn't fitdoesn't fit
Sell BloFin live order book, 6 min ago2.28 bp8.3 bp −$812.5 bp −$12527.3 bp −$2,735doesn't fit

LINK on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX LINK/USD [LINK-USDC]L −0.0092% / S +0.0167%1h13.149−0.164%$1.8M200xas long as short
Kalshi KXLINKPERP0.0000%8h13.147−0.182%$477K$2.3M3.7xas long as short
Deribit LINK_USDC-PERPETUAL0.0000%1h13.148−0.174%$718K$125K50xas long as short
gTrade (Gains Network) LINK/USDL +0.0004% / S −0.0006%1h13.152−0.146%$133K150xas long as short
dYdX LINK-USD+0.0015%1h13.174+0.024%$349K$60K10xas long as short
Phoenix LINK+0.0018%1h13.185+0.106%$3K$84K10xas long as short
Injective LINK/USDC PERP+0.0033%1h12.400−5.852%$4K$48K12xas long as short
Orderly PERP_LINK_USDC+0.0041%8h13.145−0.196%$134K$1.6M20xas long as short
Lighter LINK+0.0096%1h13.144−0.206%$2.1M$2.4M10xas long as short
Variational Omni LINK+0.0097%8h13.185+0.107%$3.3M$1.5Mas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex LINK-USD-PERP+0.0100%8h13.169−0.010%$32K$3K20xas long as short
Nado LINK-PERP+0.0100%1h13.162−0.070%$400K$317K10xas long as short
Hyperliquid LINK+0.0100%1h13.173+0.017%$77.6M$23.7M10xas long as short
Aster LINKUSDTlong+0.0100%8h13.171long leg$1.6M$2.7M50x
Pacifica LINK+0.0100%1h13.175+0.035%$276K$150K10xas long as short
Binance LINKUSDT+0.0100%8h13.149−0.166%$122.1M$301.9M75xas long as short
Bybit LINKUSDT+0.0100%8h13.150−0.158%$84.7M$69.8M75xas long as short
OKX LINK-USDT-SWAP+0.0100%8h13.143−0.211%$27.9M$85.4M50xas long as short
Arcus LINK-USD+0.0100%1h13.189+0.138%$185K$172K10xas long as short
Gate LINK_USDT+0.0100%8h13.165−0.044%$130.7M$12.8M75xas long as short
MEXC LINK_USDT+0.0100%8h13.152−0.143%$37.1M$56.8M300xas long as short
KuCoin LINKUSDTM+0.0100%8h13.154−0.127%$22.0M$15.7M75xas long as short
Bitget LINKUSDT+0.0100%8h13.139−0.241%$54.5M$30.3M75xas long as short
BingX LINK-USDT+0.0100%8h13.149−0.165%$21.8Mas long as short
edgeX LINKUSDC+0.0100%4h13.182+0.086%$44K$309K20xas long as short
GRVT LINK_USDT_Perp+0.0100%8h13.187+0.123%$595K$2.8M10xas long as short
ApeX Omni LINKUSDT+0.0100%1h13.184+0.100%$153K$664K50xas long as short
Polymarket Perps LINK-USD+0.0100%1h13.164−0.052%$81K$67K10xas long as short
Derive LINK-PERP+0.0100%1h13.142−0.218%$16K$22K10xas long as short
SunX LINK-USDT+0.0100%8h13.186+0.118%$34K$1.6M30xas long as short
SoDEX LINK-USD+0.0100%1h13.139−0.241%$5K$40K10xas long as short
HTX LINK-USDT+0.0100%8h13.122−0.367%$645K$908K75xas long as short
Extended LINK-USD+0.0104%1h13.142−0.220%$667K$1.9M25xas long as short
Aevo LINK-PERP+0.0104%1h13.148−0.177%$551K$2K3xas long as short
Coinbase International LINK-PERP-INTX+0.0104%1h13.161−0.074%$990K$2.8M50xas long as short
Backpack LINK_USDC_PERP+0.0116%1h13.201+0.229%$366K$372K15xas long as short
BloFin LINK-USDTshort+0.0220%8h13.143−0.211%$5.2M$16.9M75x
Reya LINKRUSDPERP+0.0374%1h13.158−0.101%$5K20xas long as short
Phemex LINKUSDT+0.0468%8h13.159−0.089%$20.3M$11.5M50xas long as short
Kraken Futures PF_LINKUSD+0.0504%1h13.150−0.160%$6.9M$7.9M50xas long as short