LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0271%/8h= −29.7% APRnext payment −$0.34 per $10,000 · paid last 24h −0.054%

Price spread now: GMX against Extended+0.094%7-day average +0.081% · you sell dearer than you buy

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

Long on Extended Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.214%−$21 on $10k

Price spread, last 3 days (all we have)−0.008%−$1 · spread now +0.094%, 7d avg +0.081%

Together, before fees−0.222%+ Points / potential airdropExtended: Active · farm board−$22 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.081%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended LINK-USD	13.191	0.0104	pay 0.0013% / 1h	41m 24s	$740K	$1.9M	25x
Short	GMX LINK/USD [LINK-USDC]	13.204	L −0.0091% / S +0.0167%	pay 0.0021% / 1h	41m 24s	$1.8M	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now +0.094%Rate

Funding earned: −$56.93
Price spread: +0.094% → +0.081%: $1.33
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee GMX: 6 bp × 2 orders: −$12
Net: −$72.61
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 2 min ago; GMX: 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 Extended live order book, 2 min ago	1.14 bp	5.6 bp −$6	7.4 bp −$74	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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]short	L −0.0091% / S +0.0167%	1h	13.204	+0.094%	$1.8M	—	200x
Kalshi KXLINKPERP	0.0000%	8h	13.213	+0.166%	$474K	$2.3M	3.7x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0007%	1h	13.205	+0.101%	$134K	—	150x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−5.998%	$4K	$48K	12x	as long as short
Phoenix LINK	+0.0036%	1h	13.161	−0.226%	$4K	$89K	10x	as long as short
Orderly PERP_LINK_USDC	+0.0045%	8h	13.201	+0.074%	$134K	$1.5M	20x	as long as short
Deribit LINK_USDC-PERPETUAL	+0.0083%	1h	13.222	+0.233%	$768K	$185K	50x	as long as short
Lighter LINK	+0.0096%	1h	13.199	+0.059%	$2.0M	$2.7M	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	13.189	−0.015%	$32K	$3K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	13.197	+0.043%	$404K	$310K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LINKUSDT	+0.0100%	8h	13.205	+0.107%	$1.4M	$3.0M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.203	+0.085%	$277K	$152K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.202	+0.081%	$122.6M	$304.7M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.199	+0.059%	$85.1M	$71.4M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.202	+0.081%	$27.9M	$85.4M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.213	+0.165%	$185K	$172K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.202	+0.081%	$130.7M	$12.3M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.202	+0.081%	$36.7M	$58.3M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.204	+0.097%	$22.9M	$14.7M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.202	+0.081%	$54.9M	$30.4M	75x	as long as short
BingX LINK-USDT	+0.0100%	8h	13.202	+0.081%	—	$21.3M	—	as long as short
Variational Omni LINK	+0.0100%	8h	13.146	−0.340%	$3.4M	$1.6M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.186	−0.042%	$44K	$308K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.196	+0.034%	$592K	$2.7M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.166	−0.192%	$153K	$668K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.206	+0.112%	$82K	$69K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.213	+0.161%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.227	+0.272%	$34K	$1.6M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.213	+0.165%	$5K	$29K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.192	+0.006%	$649K	$870K	75x	as long as short
Extended LINK-USDlong	+0.0104%	1h	13.191	long leg	$740K	$1.9M	25x
Aevo LINK-PERP	+0.0104%	1h	13.215	+0.181%	$554K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0120%	1h	13.214	+0.172%	$1.0M	$2.8M	50x	as long as short
Phemex LINKUSDT	+0.0155%	8h	13.223	+0.241%	$20.5M	$11.6M	50x	as long as short
dYdX LINK-USD	+0.0194%	1h	13.201	+0.074%	$350K	$48K	10x	as long as short
Backpack LINK_USDC_PERP	+0.0208%	1h	13.227	+0.271%	$368K	$370K	15x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.196	+0.036%	$5.3M	$16.7M	75x	as long as short
Kraken Futures PF_LINKUSD	+0.0363%	1h	13.220	+0.216%	$6.9M	$8.1M	50x	as long as short
Reya LINKRUSDPERP	+0.0381%	1h	13.201	+0.076%	$5K	—	20x	as long as short
Hyperliquid LINK	+0.0538%	1h	13.221	+0.225%	$80.9M	$25.1M	10x	as long as short