LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.002%

Price spread now: Paradex against Binance+0.191%7-day average — · you sell dearer than you buy

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

Long on Binance Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.191% dearer against Binance than usual: you sell high and buy low, +$19 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance LINKUSDT	13.175	0.0100	pay 0.0100% / 8h	7h 16m	$122.3M	$299.7M	75x
Short	Paradex LINK-USD-PERP	13.200	0.0099	get 0.0099% / 8h	7h 16m	$32K	$2K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Binance. 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 BinancebpFee ParadexbpOrdersPrice spread, now +0.191%Rate

Funding earned: −$0.14
Price spread: +0.191% → 0.000%: $19.08
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: $4.94
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Binance: live order book, 12 min ago; Paradex: 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 Binance live order book, 12 min ago	0.38 bp	5.9 bp −$6	10.4 bp −$104	32.8 bp −$3,281	104.0 bp −$52.0K
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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	−0.080%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.165	−0.080%	$469K	$2.2M	3.7x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0007%	1h	13.165	−0.074%	$134K	—	150x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−5.883%	$4K	$48K	12x	as long as short
Phoenix LINK	+0.0036%	1h	13.168	−0.058%	$4K	$89K	10x	as long as short
Orderly PERP_LINK_USDC	+0.0067%	8h	13.164	−0.084%	$133K	$1.5M	20x	as long as short
Lighter LINK	+0.0096%	1h	13.174	−0.010%	$2.0M	$2.7M	10x	as long as short
Paradex LINK-USD-PERPshort	+0.0099%	8h	13.200	+0.191%	$32K	$2K	20x
Nado LINK-PERP	+0.0100%	1h	13.161	−0.103%	$404K	$307K	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	13.167	−0.063%	$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	13.164	−0.081%	$276K	$154K	10x	as long as short
Binance LINKUSDTlong	+0.0100%	8h	13.175	long leg	$122.3M	$299.7M	75x
Bybit LINKUSDT	+0.0100%	8h	13.169	−0.046%	$84.9M	$70.9M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.170	−0.039%	$27.6M	$84.2M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.174	−0.008%	$185K	$172K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.165	−0.077%	$130.4M	$12.5M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.172	−0.024%	$37.2M	$59.1M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.178	+0.022%	$23.0M	$14.5M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.168	−0.054%	$54.6M	$30.2M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	13.163	−0.092%	—	$6.6M	—	as long as short
Variational Omni LINK	+0.0100%	8h	13.154	−0.157%	$3.4M	$1.5M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.155	−0.155%	$44K	$310K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.158	−0.127%	$599K	$2.7M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.158	−0.130%	$153K	$669K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.168	−0.054%	$82K	$69K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.164	−0.081%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.172	−0.021%	$34K	$1.5M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.175	−0.001%	$14K	$32K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.152	−0.172%	$648K	$870K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.165	−0.075%	$667K	$1.9M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	13.172	−0.026%	$552K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0120%	1h	13.180	+0.037%	$1.0M	$2.7M	50x	as long as short
Deribit LINK_USDC-PERPETUAL	+0.0175%	1h	13.175	+0.003%	$782K	$211K	50x	as long as short
Backpack LINK_USDC_PERP	+0.0177%	1h	13.155	−0.153%	$364K	$364K	15x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.141	−0.259%	$5.2M	$15.4M	75x	as long as short
Kraken Futures PF_LINKUSD	+0.0364%	1h	13.183	+0.062%	$6.9M	$8.0M	50x	as long as short
Reya LINKRUSDPERP	+0.0382%	1h	13.161	−0.104%	$5K	—	20x	as long as short
dYdX LINK-USD	+0.0468%	1h	13.155	−0.150%	$348K	$48K	10x	as long as short
Hyperliquid LINK	+0.0555%	1h	13.182	+0.052%	$81.4M	$25.0M	10x	as long as short
Phemex LINKUSDT	+0.0615%	8h	13.183	+0.060%	$20.4M	$11.6M	50x	as long as short