LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +11.0% APRnext payment +$0.13 per $10,000 · paid last 24h +0.030%

Price spread now: Aevo against gTrade (Gains Network)+0.019%7-day average +0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$356as in the Price arb table

costs, in and out, $10k−$3573.572% of the position

Long on gTrade (Gains Network)Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.093%+$9 on $10k

Price spread, last 3 days (all we have)−0.019%−$2 · spread now +0.019%, 7d avg +0.003%

Together, before fees+0.074%+$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) LINK/USD	13.203	L +0.0004% / S −0.0006%	pay 0.0000% / 1h	42m 18s	$134K	—	150x
Short	Aevo LINK-PERP	13.205	0.0104	get 0.0013% / 1h	42m 18s	$554K	$2K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee AevobpOrdersPrice spread, now +0.019%Rate

Funding earned: $21.03
Price spread: +0.019% → +0.003%: $1.58
Slippage, 4 orders: −$331.17
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$334.56
Costs to cover: 3.572%
Break-even: 118.4 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 37 min ago; Aevo: live order book, 42 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 gTrade (Gains Network) virtual book (oracle venue), 37 min ago	130.05 bp	141.1 bp −$141	963.4 bp −$9,634	10292.3 bp −$1.03M	doesn't fit
Sell Aevo live order book, 42 min ago	21.27 bp	35.5 bp −$35	189.7 bp −$1,897	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 −0.0090% / S +0.0167%	1h	13.203	0.000%	$1.8M	—	200x	as long as short
dYdX LINK-USD	0.0000%	1h	13.189	−0.103%	$349K	$60K	10x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.190	−0.100%	$461K	$2.3M	3.7x	as long as short
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	13.207	+0.034%	$721K	$125K	50x	as long as short
gTrade (Gains Network) LINK/USDlong	L +0.0004% / S −0.0006%	1h	13.203	long leg	$134K	—	150x
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−6.081%	$4K	$48K	12x	as long as short
Phoenix LINK	+0.0037%	1h	13.149	−0.404%	$3K	$81K	10x	as long as short
Orderly PERP_LINK_USDC	+0.0041%	8h	13.199	−0.029%	$134K	$1.5M	20x	as long as short
Lighter LINK	+0.0096%	1h	13.199	−0.031%	$2.1M	$2.4M	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	13.193	−0.076%	$32K	$3K	20x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado LINK-PERP	+0.0100%	1h	13.197	−0.044%	$400K	$315K	10x	as long as short
Hyperliquid LINK	+0.0100%	1h	13.208	+0.039%	$77.9M	$23.8M	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	13.199	−0.026%	$1.5M	$2.8M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.196	−0.050%	$277K	$149K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.203	0.000%	$122.4M	$301.9M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.202	−0.006%	$85.1M	$69.8M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.204	+0.009%	$27.7M	$85.9M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.207	+0.032%	$185K	$172K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.198	−0.036%	$131.1M	$12.6M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.201	−0.014%	$36.8M	$56.1M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.201	−0.014%	$22.4M	$15.7M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.203	+0.002%	$54.9M	$30.3M	75x	as long as short
BingX LINK-USDT	+0.0100%	8h	13.203	+0.002%	—	$21.6M	—	as long as short
Variational Omni LINK	+0.0100%	8h	13.147	−0.421%	$3.3M	$1.5M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.162	−0.308%	$44K	$309K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.165	−0.286%	$594K	$2.8M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.172	−0.233%	$153K	$669K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.200	−0.021%	$81K	$68K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.200	−0.020%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.222	+0.148%	$34K	$1.6M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.201	−0.014%	$5K	$38K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.157	−0.345%	$647K	$898K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.201	−0.012%	$678K	$1.8M	25x	as long as short
Aevo LINK-PERPshort	+0.0104%	1h	13.205	+0.019%	$554K	$2K	3x
Coinbase International LINK-PERP-INTX	+0.0120%	1h	13.202	−0.006%	$995K	$2.7M	50x	as long as short
Backpack LINK_USDC_PERP	+0.0175%	1h	13.200	−0.021%	$366K	$374K	15x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.187	−0.120%	$5.3M	$17.0M	75x	as long as short
Reya LINKRUSDPERP	+0.0375%	1h	13.198	−0.036%	$5K	—	20x	as long as short
Phemex LINKUSDT	+0.0460%	8h	13.195	−0.059%	$20.4M	$11.5M	50x	as long as short
Kraken Futures PF_LINKUSD	+0.0692%	1h	13.209	+0.048%	$7.0M	$8.0M	50x	as long as short