LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%

Price spread now: Nado against gTrade (Gains Network)−0.035%7-day average −0.028% · 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−$298as in the Price arb table

costs, in and out, $10k−$2972.971% of the position

Long on gTrade (Gains Network)Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.091%+$9 on $10k

Price spread, last 3 days (all we have)−0.033%−$3 · spread now −0.035%, 7d avg −0.028%

Together, before fees+0.058%+ Points / potential airdropNado: Active · farm board+$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.028%, 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	13.183	L +0.0004% / S −0.0007%	pay 0.0000% / 1h	0m 05s	$134K	—	150x
Short	Nado LINK-PERP	13.178	0.0100	get 0.0012% / 1h	0m 05s	$402K	$311K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.035%Rate

Funding earned: $20.17
Price spread: −0.035% → −0.028%: −$0.67
Slippage, 4 orders: −$280.05
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$277.56
Costs to cover: 2.971%
Break-even: 103.3 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 9 min ago; Nado: live order book, 13 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), 9 min ago	130.01 bp	141.0 bp −$141	963.5 bp −$9,635	10292.4 bp −$1.03M	doesn't fit
Sell Nado live order book, 13 min ago	0.38 bp	7.5 bp −$8	17.3 bp −$173	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	13.182	−0.007%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.187	+0.033%	$478K	$2.4M	3.7x	as long as short
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	13.183	+0.004%	$730K	$139K	50x	as long as short
gTrade (Gains Network) LINK/USDlong	L +0.0004% / S −0.0007%	1h	13.183	long leg	$134K	—	150x
Phoenix LINK	+0.0012%	1h	13.136	−0.350%	$4K	$84K	10x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−5.937%	$4K	$48K	12x	as long as short
Orderly PERP_LINK_USDC	+0.0043%	8h	13.177	−0.042%	$133K	$1.5M	20x	as long as short
Lighter LINK	+0.0096%	1h	13.178	−0.031%	$2.0M	$2.8M	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	13.178	−0.032%	$32K	$3K	20x	as long as short
Nado LINK-PERPshort	+0.0100%	1h	13.178	−0.035%	$402K	$311K	10x

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LINKUSDT	+0.0100%	8h	13.181	−0.016%	$1.4M	$3.0M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.184	+0.014%	$277K	$150K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.181	−0.012%	$122.5M	$306.1M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.179	−0.027%	$85.1M	$71.6M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.181	−0.012%	$27.9M	$86.5M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.194	+0.086%	$185K	$172K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.180	−0.020%	$130.6M	$12.9M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.177	−0.042%	$36.7M	$58.8M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.182	−0.005%	$22.8M	$15.2M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.178	−0.035%	$54.9M	$30.7M	75x	as long as short
BingX LINK-USDT	+0.0100%	8h	13.177	−0.042%	—	$21.3M	—	as long as short
Variational Omni LINK	+0.0100%	8h	13.177	−0.045%	$3.3M	$1.6M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.134	−0.370%	$44K	$309K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.096	−0.657%	$593K	$2.7M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.142	−0.308%	$153K	$667K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.185	+0.018%	$82K	$69K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.177	−0.044%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.195	+0.094%	$34K	$1.6M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.179	−0.027%	$5K	$35K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.146	−0.275%	$647K	$875K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.176	−0.051%	$740K	$1.9M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	13.182	−0.002%	$553K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0160%	1h	13.186	+0.026%	$1.0M	$2.8M	50x	as long as short
Backpack LINK_USDC_PERP	+0.0219%	1h	13.191	+0.064%	$364K	$376K	15x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.180	−0.020%	$5.2M	$16.4M	75x	as long as short
Hyperliquid LINK	+0.0291%	1h	13.198	+0.117%	$78.8M	$24.3M	10x	as long as short
Reya LINKRUSDPERP	+0.0380%	1h	13.180	−0.022%	$5K	—	20x	as long as short
Phemex LINKUSDT	+0.0466%	8h	13.190	+0.056%	$20.4M	$11.6M	50x	as long as short
Kraken Futures PF_LINKUSD	+0.0476%	1h	13.186	+0.026%	$6.9M	$8.2M	50x	as long as short
dYdX LINK-USD	+0.0486%	1h	13.184	+0.011%	$349K	$48K	10x	as long as short