LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0380%/8h= +41.6% APRnext payment +$0.48 per $10,000 · paid last 24h +0.104%

Price spread now: Reya against gTrade (Gains Network)−0.006%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$11 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	13.032	L +0.0004% / S −0.0008%	pay 0.0001% / 1h	23m 17s	$150K	—	150x
Short	Reya LINKRUSDPERP	13.031	0.0384	get 0.0048% / 1h	23m 17s	$4K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now −0.006%Rate

Funding earned: $79.84
Price spread: −0.006% → 0.000%: −$0.56
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: $63.28
Costs to cover: 0.160%
Break-even: 1.5 days

Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 41 min ago; Reya: 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 gTrade (Gains Network) virtual book (oracle venue), 41 min ago	130.04 bp	141.1 bp −$141	963.5 bp −$9,635	10292.4 bp −$1.03M	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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 39 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	13.031	−0.005%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.045	+0.101%	$474K	$2.3M	3.7x	as long as short
gTrade (Gains Network) LINK/USDlong	L +0.0004% / S −0.0008%	1h	13.032	long leg	$150K	—	150x
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−4.847%	$4K	$48K	12x	as long as short
Phoenix LINK	+0.0049%	1h	13.024	−0.059%	$3K	$86K	10x	as long as short
Orderly PERP_LINK_USDC	+0.0068%	8h	13.028	−0.028%	$118K	$1.5M	20x	as long as short
Coinbase International LINK-PERP-INTX	+0.0072%	1h	13.044	+0.094%	$957K	$2.7M	50x	as long as short
Deribit LINK_USDC-PERPETUAL	+0.0095%	1h	13.038	+0.048%	$774K	$212K	50x	as long as short
Lighter LINK	+0.0096%	1h	13.039	+0.059%	$1.9M	$2.8M	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	13.037	+0.041%	$31K	$2K	20x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado LINK-PERP	+0.0100%	1h	13.033	+0.014%	$396K	$322K	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	13.039	+0.053%	$1.3M	$3.0M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.041	+0.068%	$276K	$170K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.035	+0.024%	$119.7M	$303.1M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.030	−0.013%	$84.1M	$72.5M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.031	−0.005%	$27.4M	$84.5M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.051	+0.148%	$183K	$168K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.029	−0.021%	$128.5M	$12.8M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.033	+0.010%	$33.2M	$59.2M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.036	+0.033%	$22.6M	$14.5M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.033	+0.010%	$54.2M	$30.9M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	13.033	+0.010%	—	$6.6M	—	as long as short
Variational Omni LINK	+0.0100%	8h	13.044	+0.097%	$3.4M	$1.6M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.024	−0.057%	$43K	$308K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.047	+0.117%	$592K	$2.7M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.048	+0.125%	$134K	$675K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.036	+0.033%	$81K	$70K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.031	−0.008%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.046	+0.111%	$33K	$1.5M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.034	+0.018%	$15K	$41K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.018	−0.102%	$642K	$859K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.028	−0.028%	$703K	$2.0M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	13.033	+0.006%	$547K	$2K	3x	as long as short
Backpack LINK_USDC_PERP	+0.0116%	1h	13.045	+0.102%	$339K	$386K	15x	as long as short
dYdX LINK-USD	+0.0265%	1h	13.042	+0.078%	$345K	$45K	10x	as long as short
Reya LINKRUSDPERPshort	+0.0384%	1h	13.031	−0.006%	$4K	—	20x
Hyperliquid LINK	+0.0450%	1h	13.048	+0.125%	$80.6M	$26.3M	10x	as long as short
Kraken Futures PF_LINKUSD	+0.0500%	1h	13.038	+0.049%	$6.8M	$8.1M	50x	as long as short
Phemex LINKUSDT	+0.0610%	8h	13.047	+0.117%	$20.1M	$11.5M	50x	as long as short