Funding you earn now, next payment 01:00 UTC+0.0357%/8h= +39.1% APRpaid last 24h +0.021%
Price spread now: dYdX against edgeX+0.191%111s7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$264as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2882.885% of the position
Funding, last 7 days+0.242%+$24 on $10k
+Price spread, last 3 days (all we have)−0.311%−$31 · spread now +0.191%, 7d avg +0.024%
=Together, before fees−0.069%+ Points / potential airdropedgeX: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and dYdX is 0.167% dearer against edgeX than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.024%. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.242% in total (about 12.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX LINKUSDC | 13.155 | 0.0100 | pay 0.0050% / 4h | 3h 15m | $44K | $310K | 20x |
| Short | dYdX LINK-USD | 13.180 | 0.0457 | get 0.0057% / 1h | 15m 45s | $349K | $48K | 10x |
edgeX LINKUSDC
dYdX LINK-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against edgeX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $75.01
- Price spread: +0.191% → +0.024%
- $16.71
- Slippage, 4 orders
- −$269.45
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$196.74
- Costs to cover
- 2.885%
- Break-even
- 25.4 days
Slippage from edgeX: live order book, 57 min ago; dYdX: live order book, 58 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 edgeX live order book, 57 min ago | 2.67 bp | 7.2 bp −$7 | 10.9 bp −$109 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 58 min ago | 44.42 bp | 224.7 bp −$225 | 228.2 bp −$2,282 | 228.6 bp −$22.9K | 238.7 bp −$119.4K |
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 +0.0167% | 1h | 13.165 | +0.075% | $1.8M | — | 200x | as long as short |
| Kalshi KXLINKPERP | 0.0000% | 8h | 13.165 | +0.075% | $469K | $2.2M | 3.7x | as long as short |
| gTrade (Gains Network) LINK/USD | L +0.0004% / S −0.0007% | 1h | 13.165 | +0.081% | $134K | — | 150x | as long as short |
| Injective LINK/USDC PERP | +0.0033% | 1h | 12.400 | −5.737% | $4K | $48K | 12x | as long as short |
| Phoenix LINK | +0.0036% | 1h | 13.168 | +0.097% | $4K | $89K | 10x | as long as short |
| Orderly PERP_LINK_USDC | +0.0067% | 8h | 13.164 | +0.071% | $133K | $1.5M | 20x | as long as short |
| Lighter LINK | +0.0096% | 1h | 13.176 | +0.161% | $2.0M | $2.7M | 10x | as long as short |
| Paradex LINK-USD-PERP | +0.0099% | 8h | 13.207 | +0.395% | $32K | $2K | 20x | as long as short |
| Nado LINK-PERP | +0.0100% | 1h | 13.161 | +0.052% | $404K | $307K | 10x | as long as short |
| Aster LINKUSDT | +0.0100% | 8h | 13.179 | +0.182% | $1.4M | $3.0M | 50x | as long as short |
GMX LINK/USD [LINK-USDC]
Kalshi KXLINKPERP
gTrade (Gains Network) LINK/USD
Injective LINK/USDC PERP
Phoenix LINK
Orderly PERP_LINK_USDC
Lighter LINK
Paradex LINK-USD-PERP
Nado LINK-PERP
Aster LINKUSDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica LINK | +0.0100% | 1h | 13.180 | +0.194% | $276K | $154K | 10x | as long as short |
| Binance LINKUSDT | +0.0100% | 8h | 13.182 | +0.207% | $122.4M | $299.8M | 75x | as long as short |
| Bybit LINKUSDT | +0.0100% | 8h | 13.178 | +0.177% | $85.0M | $70.5M | 75x | as long as short |
| OKX LINK-USDT-SWAP | +0.0100% | 8h | 13.177 | +0.170% | $27.6M | $84.1M | 50x | as long as short |
| Arcus LINK-USD | +0.0100% | 1h | 13.189 | +0.261% | $185K | $172K | 10x | as long as short |
| Gate LINK_USDT | +0.0100% | 8h | 13.176 | +0.162% | $130.5M | $12.5M | 75x | as long as short |
| MEXC LINK_USDT | +0.0100% | 8h | 13.181 | +0.200% | $37.2M | $59.1M | 300x | as long as short |
| KuCoin LINKUSDTM | +0.0100% | 8h | 13.185 | +0.230% | $23.0M | $14.5M | 75x | as long as short |
| Bitget LINKUSDT | +0.0100% | 8h | 13.175 | +0.154% | $54.6M | $30.1M | 75x | as long as short |
| BingX LINK-USDT | +0.0100% | 8h | 13.178 | +0.177% | — | $20.9M | — | as long as short |
| Variational Omni LINK | +0.0100% | 8h | 13.154 | −0.002% | $3.4M | $1.5M | — | as long as short |
| edgeX LINKUSDClong | +0.0100% | 4h | 13.155 | long leg | $44K | $310K | 20x | |
| GRVT LINK_USDT_Perp | +0.0100% | 8h | 13.158 | +0.028% | $599K | $2.7M | 10x | as long as short |
| ApeX Omni LINKUSDT | +0.0100% | 1h | 13.158 | +0.025% | $153K | $669K | 50x | as long as short |
| Polymarket Perps LINK-USD | +0.0100% | 1h | 13.168 | +0.101% | $82K | $69K | 10x | as long as short |
| Derive LINK-PERP | +0.0100% | 1h | 13.164 | +0.074% | $16K | $22K | 10x | as long as short |
| SunX LINK-USDT | +0.0100% | 8h | 13.172 | +0.134% | $34K | $1.5M | 30x | as long as short |
| SoDEX LINK-USD | +0.0100% | 1h | 13.175 | +0.154% | $14K | $32K | 10x | as long as short |
| HTX LINK-USDT | +0.0100% | 8h | 13.152 | −0.017% | $648K | $870K | 75x | as long as short |
| Extended LINK-USD | +0.0104% | 1h | 13.172 | +0.133% | $667K | $1.9M | 25x | as long as short |
| Aevo LINK-PERP | +0.0104% | 1h | 13.172 | +0.129% | $552K | $2K | 3x | as long as short |
| Coinbase International LINK-PERP-INTX | +0.0120% | 1h | 13.180 | +0.192% | $1.0M | $2.7M | 50x | as long as short |
| Deribit LINK_USDC-PERPETUAL | +0.0175% | 1h | 13.175 | +0.158% | $782K | $211K | 50x | as long as short |
| Backpack LINK_USDC_PERP | +0.0178% | 1h | 13.180 | +0.192% | $365K | $364K | 15x | as long as short |
| BloFin LINK-USDT | +0.0220% | 8h | 13.141 | −0.104% | $5.2M | $15.4M | 75x | as long as short |
| Kraken Futures PF_LINKUSD | +0.0364% | 1h | 13.183 | +0.217% | $6.9M | $8.0M | 50x | as long as short |
| Reya LINKRUSDPERP | +0.0382% | 1h | 13.161 | +0.051% | $5K | — | 20x | as long as short |
| dYdX LINK-USDshort | +0.0457% | 1h | 13.180 | +0.191% | $349K | $48K | 10x | |
| Hyperliquid LINK | +0.0557% | 1h | 13.191 | +0.276% | $81.5M | $25.0M | 10x | as long as short |
| Phemex LINKUSDT | +0.0615% | 8h | 13.183 | +0.215% | $20.4M | $11.6M | 50x | as long as short |
Pacifica LINK
Binance LINKUSDT
Bybit LINKUSDT
OKX LINK-USDT-SWAP
Arcus LINK-USD
Gate LINK_USDT
MEXC LINK_USDT
KuCoin LINKUSDTM
Bitget LINKUSDT
BingX LINK-USDT
Variational Omni LINK
GRVT LINK_USDT_Perp
ApeX Omni LINKUSDT
Polymarket Perps LINK-USD
Derive LINK-PERP
SunX LINK-USDT
SoDEX LINK-USD
HTX LINK-USDT
Extended LINK-USD
Aevo LINK-PERP
Coinbase International LINK-PERP-INTX
Deribit LINK_USDC-PERPETUAL
Backpack LINK_USDC_PERP
BloFin LINK-USDT
Kraken Futures PF_LINKUSD
Reya LINKRUSDPERP
Hyperliquid LINK
Phemex LINKUSDT