LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0072%/8h= +7.8% APRnext payment +$0.09 per $10,000 · paid last 24h −0.027%

Price spread now: Nado against dYdX−0.029%7-day average −0.016% · 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−$271as in the Price arb table

costs, in and out, $10k−$2702.702% of the position

Long on dYdX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.158%−$16 on $10k

Price spread, last 3 days (all we have)+0.416%+$42 · spread now −0.029%, 7d avg −0.016%

Together, before fees+0.259%+ Points / potential airdropNado: Active · farm board+$26 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.016%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.158%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX LINK-USD	13.122	0.0028	pay 0.0004% / 1h	34m 09s	$348K	$60K	10x
Short	Nado LINK-PERP	13.118	0.0100	get 0.0012% / 1h	34m 09s	$398K	$318K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against dYdX. 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 dYdXbpFee NadobpOrdersPrice spread, now −0.029%Rate

Funding earned: $15.05
Price spread: −0.029% → −0.016%: −$1.22
Slippage, 4 orders: −$253.18
Fee dYdX: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$256.35
Costs to cover: 2.702%
Break-even: 126.2 days

Slippage from dYdX: live order book, 55 min ago; Nado: live order book, 53 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 dYdX live order book, 55 min ago	122.65 bp	127.6 bp −$128	144.8 bp −$1,448	148.2 bp −$14.8K	174.8 bp −$87.4K
Sell Nado live order book, 53 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	13.114	−0.062%	$1.7M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.120	−0.014%	$466K	$2.3M	3.7x	as long as short
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	13.114	−0.066%	$711K	$119K	50x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0003% / S −0.0002%	1h	13.115	−0.055%	$83K	—	150x	as long as short
Phoenix LINK	+0.0018%	1h	13.072	−0.384%	$3K	$84K	10x	as long as short
dYdX LINK-USDlong	+0.0028%	1h	13.122	long leg	$348K	$60K	10x
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−5.504%	$4K	$48K	12x	as long as short
Orderly PERP_LINK_USDC	+0.0048%	8h	13.106	−0.124%	$134K	$1.6M	20x	as long as short
Variational Omni LINK	+0.0059%	8h	13.098	−0.184%	$3.3M	$1.5M	—	as long as short
Lighter LINK	+0.0096%	1h	13.116	−0.051%	$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	13.121	−0.013%	$32K	$3K	20x	as long as short
Nado LINK-PERPshort	+0.0100%	1h	13.118	−0.029%	$398K	$318K	10x
Hyperliquid LINK	+0.0100%	1h	13.130	+0.059%	$77.6M	$23.6M	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	13.118	−0.031%	$1.6M	$2.7M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.123	+0.006%	$275K	$152K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.118	−0.031%	$121.2M	$300.0M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.117	−0.040%	$84.5M	$69.2M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.119	−0.025%	$27.6M	$84.7M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.133	+0.082%	$184K	$172K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.115	−0.055%	$130.5M	$12.7M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.117	−0.040%	$35.9M	$56.2M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.117	−0.040%	$22.0M	$15.8M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.120	−0.017%	$54.2M	$30.1M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	13.119	−0.025%	—	$6.6M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	13.127	+0.036%	$362K	$370K	15x	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.077	−0.348%	$43K	$307K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.112	−0.078%	$592K	$2.8M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.110	−0.093%	$153K	$664K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.122	−0.002%	$80K	$65K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.109	−0.104%	$16K	$16K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.123	+0.008%	$34K	$1.5M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.112	−0.078%	$5K	$40K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.107	−0.117%	$644K	$911K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.108	−0.108%	$664K	$1.9M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	13.115	−0.055%	$550K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0104%	1h	13.113	−0.070%	$988K	$2.7M	50x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.103	−0.147%	$5.2M	$16.8M	75x	as long as short
Reya LINKRUSDPERP	+0.0373%	1h	13.115	−0.055%	$5K	—	20x	as long as short
Phemex LINKUSDT	+0.0489%	8h	13.126	+0.029%	$20.3M	$11.5M	50x	as long as short
Kraken Futures PF_LINKUSD	+0.0505%	1h	13.120	−0.020%	$7.0M	$7.8M	50x	as long as short