LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0097%/8h= −10.7% APRnext payment −$0.12 per $10,000 · paid last 24h −0.017%

Price spread now: gTrade (Gains Network) against Extended−0.052%7-day average +0.059% · 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−$306as in the Price arb table

costs, in and out, $10k−$2952.952% of the position

Long on Extended Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.063%−$6 on $10k

Price spread, last 3 days (all we have)+0.143%+$14 · spread now −0.052%, 7d avg +0.059%

Together, before fees+0.081%+ Points / potential airdropExtended: Active · farm board+$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.111% cheaper against Extended than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.059%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended LINK-USD	13.172	0.0104	pay 0.0013% / 1h	15m 41s	$667K	$1.9M	25x
Short	gTrade (Gains Network) LINK/USD	13.165	L +0.0004% / S −0.0007%	get 0.0001% / 1h	15m 41s	$134K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Extended. 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 ExtendedbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.052%Rate

Funding earned: −$20.43
Price spread: −0.052% → +0.059%: −$11.12
Slippage, 4 orders: −$280.22
Fee Extended: 2.5 bp × 2 orders: −$5
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$326.77
Costs to cover: 2.952%
Break-even: never at this rate

Slippage from Extended: live order book, 3 min ago; gTrade (Gains Network): virtual book (oracle venue), 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 Extended live order book, 3 min ago	1.52 bp	7.0 bp −$7	10.0 bp −$100	doesn't fit	doesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 53 min ago	130.01 bp	142.5 bp −$142	1049.2 bp −$10.5K	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 +0.0167%	1h	13.165	−0.058%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.165	−0.058%	$469K	$2.2M	3.7x	as long as short
gTrade (Gains Network) LINK/USDshort	L +0.0004% / S −0.0007%	1h	13.165	−0.052%	$134K	—	150x
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−5.862%	$4K	$48K	12x	as long as short
Phoenix LINK	+0.0036%	1h	13.168	−0.035%	$4K	$89K	10x	as long as short
Orderly PERP_LINK_USDC	+0.0067%	8h	13.164	−0.062%	$133K	$1.5M	20x	as long as short
Lighter LINK	+0.0096%	1h	13.176	+0.028%	$2.0M	$2.7M	10x	as long as short
Paradex LINK-USD-PERP	+0.0099%	8h	13.207	+0.262%	$32K	$2K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	13.161	−0.081%	$404K	$307K	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	13.179	+0.049%	$1.4M	$3.0M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica LINK	+0.0100%	1h	13.180	+0.061%	$276K	$154K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.182	+0.074%	$122.4M	$299.8M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.178	+0.044%	$85.0M	$70.5M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.177	+0.037%	$27.6M	$84.1M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.189	+0.128%	$185K	$172K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.176	+0.029%	$130.5M	$12.5M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.181	+0.067%	$37.2M	$59.1M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.185	+0.097%	$23.0M	$14.5M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.175	+0.022%	$54.6M	$30.1M	75x	as long as short
BingX LINK-USDT	+0.0100%	8h	13.178	+0.044%	—	$20.9M	—	as long as short
Variational Omni LINK	+0.0100%	8h	13.154	−0.134%	$3.4M	$1.5M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.155	−0.133%	$44K	$310K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.158	−0.105%	$599K	$2.7M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.158	−0.108%	$153K	$669K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.168	−0.032%	$82K	$69K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.164	−0.059%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.172	+0.001%	$34K	$1.5M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.175	+0.022%	$14K	$32K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.152	−0.149%	$648K	$870K	75x	as long as short
Extended LINK-USDlong	+0.0104%	1h	13.172	long leg	$667K	$1.9M	25x
Aevo LINK-PERP	+0.0104%	1h	13.172	−0.004%	$552K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0120%	1h	13.180	+0.059%	$1.0M	$2.7M	50x	as long as short
Deribit LINK_USDC-PERPETUAL	+0.0175%	1h	13.175	+0.025%	$782K	$211K	50x	as long as short
Backpack LINK_USDC_PERP	+0.0178%	1h	13.180	+0.059%	$365K	$364K	15x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.141	−0.237%	$5.2M	$15.4M	75x	as long as short
Kraken Futures PF_LINKUSD	+0.0364%	1h	13.183	+0.084%	$6.9M	$8.0M	50x	as long as short
Reya LINKRUSDPERP	+0.0382%	1h	13.161	−0.082%	$5K	—	20x	as long as short
dYdX LINK-USD	+0.0457%	1h	13.180	+0.058%	$349K	$48K	10x	as long as short
Hyperliquid LINK	+0.0557%	1h	13.191	+0.143%	$81.5M	$25.0M	10x	as long as short
Phemex LINKUSDT	+0.0615%	8h	13.183	+0.082%	$20.4M	$11.6M	50x	as long as short