LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0076%/8h= +8.4% APRnext payment +$0.10 per $10,000 · paid last 24h −0.041%

Price spread now: SoDEX against dYdX−0.073%7-day average — · you buy dearer than you sell

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

Long on dYdX Short on SoDEX

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—needs both histories

Funding pays, the price is against you. SoDEX is 0.073% cheaper against dYdX than usual: you would sell low and buy high (spread −0.073% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 3.2 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX LINK-USD	13.138	0.0024	pay 0.0003% / 1h	29m 29s	$348K	$60K	10x
Short	SoDEX LINK-USD	13.128	0.0100	get 0.0013% / 1h	29m 29s	$5K	$40K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.073%Rate

Funding earned: $16.04
Price spread: −0.073% → 0.000%: −$7.3
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$9.26
Costs to cover: 0.180%
Break-even: 11.0 days

Slippage unknown: dYdX: live order book, 59 min ago; SoDEX: 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 dYdX live order book, 59 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 SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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 +0.0165%	1h	13.133	−0.033%	$1.7M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.137	−0.001%	$466K	$2.3M	3.7x	as long as short
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	13.132	−0.042%	$712K	$120K	50x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0003% / S −0.0002%	1h	13.134	−0.028%	$83K	—	150x	as long as short
Phoenix LINK	+0.0018%	1h	13.118	−0.148%	$3K	$84K	10x	as long as short
dYdX LINK-USDlong	+0.0024%	1h	13.138	long leg	$348K	$60K	10x
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−5.614%	$4K	$48K	12x	as long as short
Orderly PERP_LINK_USDC	+0.0046%	8h	13.124	−0.103%	$135K	$1.6M	20x	as long as short
Variational Omni LINK	+0.0068%	8h	13.128	−0.074%	$3.3M	$1.5M	—	as long as short
Lighter LINK	+0.0096%	1h	13.141	+0.023%	$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	13.133	−0.035%	$32K	$3K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	13.134	−0.027%	$399K	$318K	10x	as long as short
Hyperliquid LINK	+0.0100%	1h	13.148	+0.079%	$77.7M	$23.6M	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	13.140	+0.018%	$1.6M	$2.7M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.137	−0.005%	$275K	$150K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.134	−0.027%	$121.4M	$300.0M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.132	−0.043%	$84.6M	$69.1M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.136	−0.012%	$27.7M	$84.8M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.147	+0.072%	$184K	$172K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.136	−0.012%	$130.7M	$12.7M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.134	−0.027%	$36.6M	$56.3M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.140	+0.018%	$21.9M	$15.8M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.133	−0.035%	$54.3M	$30.1M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	13.135	−0.020%	—	$6.6M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	13.140	+0.018%	$364K	$371K	15x	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.125	−0.098%	$44K	$308K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.128	−0.073%	$593K	$2.8M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.130	−0.058%	$153K	$664K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.138	+0.003%	$80K	$67K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.126	−0.088%	$16K	$16K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.150	+0.094%	$34K	$1.5M	30x	as long as short
SoDEX LINK-USDshort	+0.0100%	1h	13.128	−0.073%	$5K	$40K	10x
HTX LINK-USDT	+0.0100%	8h	13.122	−0.122%	$645K	$911K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.132	−0.044%	$667K	$1.9M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	13.130	−0.054%	$551K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0104%	1h	13.122	−0.119%	$988K	$2.7M	50x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.125	−0.096%	$5.2M	$16.8M	75x	as long as short
Reya LINKRUSDPERP	+0.0373%	1h	13.132	−0.043%	$5K	—	20x	as long as short
Phemex LINKUSDT	+0.0477%	8h	13.142	+0.034%	$20.3M	$11.5M	50x	as long as short
Kraken Futures PF_LINKUSD	+0.0505%	1h	13.135	−0.017%	$6.9M	$7.8M	50x	as long as short