LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0179%/8h= −19.6% APRnext payment −$1.79 per $10,000 · paid last 24h −0.031%

Price spread now: Orderly against BloFin+0.038%7-day average +0.021% · you sell dearer than you buy

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

Long on BloFin Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.179%−$18 on $10k

Price spread, last 3 days (all we have)+0.023%+$2 · spread now +0.038%, 7d avg +0.021%

Together, before fees−0.156%−$16 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.021%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin LINK-USDT	13.140	0.0220	pay 0.0220% / 8h	1h 52m	$5.2M	$17.0M	75x
Short	Orderly PERP_LINK_USDC	13.145	0.0041	get 0.0041% / 8h	1h 52m	$134K	$1.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against BloFin. 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 BloFinbpFee OrderlybpOrdersPrice spread, now +0.038%Rate

Funding earned: −$37.54
Price spread: +0.038% → +0.021%: $1.72
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$53.82
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 6 min ago; Orderly: 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 BloFin live order book, 6 min ago	1.14 bp	8.8 bp −$9	14.1 bp −$141	29.2 bp −$2,925	55.8 bp −$27.9K
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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 −0.0090% / S +0.0167%	1h	13.147	+0.052%	$1.8M	—	200x	as long as short
dYdX LINK-USD	0.0000%	1h	13.141	+0.007%	$348K	$60K	10x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.162	+0.167%	$471K	$2.3M	3.7x	as long as short
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	13.147	+0.050%	$718K	$125K	50x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0006%	1h	13.149	+0.068%	$133K	—	150x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−5.632%	$4K	$48K	12x	as long as short
Phoenix LINK	+0.0037%	1h	13.174	+0.260%	$3K	$81K	10x	as long as short
Orderly PERP_LINK_USDCshort	+0.0041%	8h	13.145	+0.038%	$134K	$1.5M	20x
Lighter LINK	+0.0096%	1h	13.144	+0.034%	$2.1M	$2.4M	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	13.159	+0.142%	$32K	$3K	20x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado LINK-PERP	+0.0100%	1h	13.161	+0.156%	$400K	$317K	10x	as long as short
Hyperliquid LINK	+0.0100%	1h	13.141	+0.008%	$77.5M	$23.8M	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	13.131	−0.069%	$1.5M	$2.8M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.139	−0.011%	$275K	$151K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.139	−0.008%	$121.8M	$302.4M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.137	−0.023%	$84.6M	$69.7M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.139	−0.008%	$27.6M	$85.6M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.171	+0.236%	$185K	$172K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.125	−0.114%	$130.3M	$12.5M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.124	−0.122%	$36.5M	$55.8M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.126	−0.107%	$22.2M	$15.7M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.134	−0.046%	$54.5M	$30.4M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	13.123	−0.129%	—	$6.6M	—	as long as short
Variational Omni LINK	+0.0100%	8h	13.148	+0.064%	$3.3M	$1.5M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.165	+0.191%	$44K	$307K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.173	+0.251%	$590K	$2.8M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.174	+0.259%	$153K	$667K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.157	+0.129%	$81K	$68K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.141	+0.011%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.165	+0.188%	$34K	$1.6M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.145	+0.038%	$5K	$40K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.146	+0.049%	$646K	$903K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.118	−0.168%	$675K	$1.9M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	13.149	+0.065%	$551K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0120%	1h	13.154	+0.107%	$990K	$2.7M	50x	as long as short
Backpack LINK_USDC_PERP	+0.0173%	1h	13.146	+0.046%	$366K	$374K	15x	as long as short
BloFin LINK-USDTlong	+0.0220%	8h	13.140	long leg	$5.2M	$17.0M	75x
Reya LINKRUSDPERP	+0.0375%	1h	13.149	+0.066%	$5K	—	20x	as long as short
Phemex LINKUSDT	+0.0474%	8h	13.161	+0.160%	$20.4M	$11.6M	50x	as long as short
Kraken Futures PF_LINKUSD	+0.0695%	1h	13.153	+0.097%	$6.9M	$8.0M	50x	as long as short