LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h +0.007%

Price spread now: Nado against Coinbase International−0.054%7-day average −0.037% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$410.414% of the position

Long on Coinbase International Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.020%+$2 on $10k

Price spread, last 3 days (all we have)−0.068%−$7 · spread now −0.054%, 7d avg −0.037%

Together, before fees−0.048%+ Points / potential airdropNado: Active · farm board−$5 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International LINK-PERP-INTX	13.083	0.0104	pay 0.0013% / 1h	48m 43s	$987K	$2.7M	50x
Short	Nado LINK-PERP	13.076	0.0100	get 0.0012% / 1h	48m 43s	$397K	$319K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Coinbase International. 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 Coinbase InternationalbpFee NadobpOrdersPrice spread, now −0.054%Rate

Funding earned: −$0.84
Price spread: −0.054% → −0.037%: −$1.64
Slippage, 4 orders: −$24.45
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$43.92
Costs to cover: 0.414%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 5 min ago; Nado: live order book, 39 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 Coinbase International live order book, 5 min ago	3.06 bp	14.1 bp −$14	17.3 bp −$173	doesn't fit	doesn't fit
Sell Nado live order book, 39 min ago	1.13 bp	7.3 bp −$7	19.4 bp −$194	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 +0.0165%	1h	13.075	−0.061%	$1.7M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.091	+0.062%	$456K	$2.3M	3.7x	as long as short
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	13.080	−0.023%	$701K	$111K	50x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0003% / S −0.0002%	1h	13.078	−0.039%	$82K	—	150x	as long as short
Phoenix LINK	+0.0018%	1h	13.073	−0.075%	$3K	$84K	10x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−5.221%	$4K	$48K	12x	as long as short
Variational Omni LINK	+0.0037%	8h	13.058	−0.194%	$3.2M	$1.5M	—	as long as short
Orderly PERP_LINK_USDC	+0.0055%	8h	13.069	−0.107%	$134K	$1.6M	20x	as long as short
dYdX LINK-USD	+0.0064%	1h	13.099	+0.122%	$347K	$60K	10x	as long as short
Lighter LINK	+0.0096%	1h	13.097	+0.111%	$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	13.076	−0.051%	$31K	$3K	20x	as long as short
Nado LINK-PERPshort	+0.0100%	1h	13.076	−0.054%	$397K	$319K	10x
Hyperliquid LINK	+0.0100%	1h	13.097	+0.107%	$77.4M	$23.5M	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	13.085	+0.014%	$1.6M	$2.7M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.094	+0.086%	$274K	$153K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.096	+0.099%	$121.1M	$301.0M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.096	+0.099%	$84.5M	$69.6M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.096	+0.099%	$27.6M	$84.8M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.093	+0.076%	$184K	$171K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.078	−0.038%	$130.3M	$12.5M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.083	0.000%	$35.5M	$55.9M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.085	+0.015%	$21.9M	$16.0M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.091	+0.061%	$54.1M	$30.3M	75x	as long as short
BingX LINK-USDT	+0.0100%	8h	13.085	+0.015%	—	$21.8M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	13.086	+0.023%	$362K	$371K	15x	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.089	+0.047%	$43K	$307K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.062	−0.162%	$588K	$2.8M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.060	−0.176%	$152K	$660K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.082	−0.008%	$79K	$63K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.075	−0.064%	$22K	$16K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.086	+0.023%	$34K	$1.6M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.076	−0.054%	$5K	$40K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.059	−0.180%	$639K	$908K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.082	−0.005%	$664K	$1.9M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	13.080	−0.023%	$549K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTXlong	+0.0104%	1h	13.083	long leg	$987K	$2.7M	50x
BloFin LINK-USDT	+0.0220%	8h	13.081	−0.015%	$5.2M	$16.7M	75x	as long as short
Reya LINKRUSDPERP	+0.0372%	1h	13.076	−0.054%	$5K	—	20x	as long as short
Kraken Futures PF_LINKUSD	+0.0507%	1h	13.084	+0.005%	$6.9M	$7.7M	50x	as long as short
Phemex LINKUSDT	+0.0510%	8h	13.092	+0.069%	$20.2M	$11.5M	50x	as long as short