LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0255%/8h= +27.9% APRnext payment +$0.32 per $10,000 · paid last 24h +0.080%

Price spread now: Reya against Coinbase International+0.259%7-day average — · you sell dearer than you buy

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

Long on Coinbase International Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

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

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Reya is 0.259% dearer against Coinbase International than usual: you sell high and buy low: +$26 more if the spread 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	Coinbase International LINK-PERP-INTX	13.150	0.0120	pay 0.0015% / 1h	43m 02s	$991K	$2.7M	50x
Short	Reya LINKRUSDPERP	13.184	0.0375	get 0.0047% / 1h	43m 02s	$5K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now +0.259%Rate

Funding earned: $53.58
Price spread: +0.259% → 0.000%: $25.91
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: $63.49
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Coinbase International: live order book, 1 min ago; Reya: 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 Coinbase International live order book, 1 min ago	3.79 bp	12.6 bp −$13	16.9 bp −$169	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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	13.178	+0.215%	$1.8M	—	200x	as long as short
dYdX LINK-USD	0.0000%	1h	13.179	+0.224%	$349K	$60K	10x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.190	+0.301%	$461K	$2.3M	3.7x	as long as short
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	13.182	+0.246%	$720K	$125K	50x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0006%	1h	13.180	+0.228%	$134K	—	150x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−5.703%	$4K	$48K	12x	as long as short
Phoenix LINK	+0.0037%	1h	13.149	−0.004%	$3K	$81K	10x	as long as short
Orderly PERP_LINK_USDC	+0.0041%	8h	13.179	+0.221%	$134K	$1.5M	20x	as long as short
Lighter LINK	+0.0096%	1h	13.188	+0.290%	$2.1M	$2.4M	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	13.185	+0.270%	$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	13.180	+0.232%	$400K	$315K	10x	as long as short
Hyperliquid LINK	+0.0100%	1h	13.202	+0.395%	$77.9M	$23.8M	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	13.193	+0.329%	$1.5M	$2.8M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.186	+0.271%	$276K	$149K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.192	+0.323%	$122.4M	$301.8M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.194	+0.335%	$85.0M	$69.7M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.197	+0.357%	$27.7M	$86.0M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.198	+0.365%	$185K	$172K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.187	+0.281%	$131.0M	$12.6M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.190	+0.304%	$36.7M	$56.0M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.186	+0.274%	$22.3M	$15.7M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.197	+0.357%	$54.8M	$30.2M	75x	as long as short
BingX LINK-USDT	+0.0100%	8h	13.190	+0.304%	—	$21.6M	—	as long as short
Variational Omni LINK	+0.0100%	8h	13.147	−0.021%	$3.3M	$1.5M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.162	+0.092%	$44K	$309K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.165	+0.114%	$594K	$2.8M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.172	+0.167%	$153K	$669K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.191	+0.312%	$81K	$68K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.176	+0.196%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.199	+0.374%	$34K	$1.6M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.183	+0.251%	$5K	$38K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.157	+0.056%	$647K	$898K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.197	+0.355%	$675K	$1.8M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	13.181	+0.240%	$553K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTXlong	+0.0120%	1h	13.150	long leg	$991K	$2.7M	50x
Backpack LINK_USDC_PERP	+0.0175%	1h	13.200	+0.380%	$366K	$374K	15x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.187	+0.281%	$5.3M	$17.0M	75x	as long as short
Reya LINKRUSDPERPshort	+0.0375%	1h	13.184	+0.259%	$5K	—	20x
Phemex LINKUSDT	+0.0460%	8h	13.195	+0.342%	$20.4M	$11.5M	50x	as long as short
Kraken Futures PF_LINKUSD	+0.0693%	1h	13.190	+0.308%	$7.0M	$8.0M	50x	as long as short