LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.015%

Price spread now: SoDEX against gTrade (Gains Network)−0.058%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 SoDEX

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—needs both histories

Funding pays, the price is against you. SoDEX is 0.058% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.058% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 48 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) LINK/USD	13.178	L +0.0004% / S −0.0006%	pay 0.0000% / 1h	20m 14s	$134K	—	150x
Short	SoDEX LINK-USD	13.170	0.0100	get 0.0013% / 1h	20m 14s	$5K	$40K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.058%Rate

Funding earned: $20.19
Price spread: −0.058% → 0.000%: −$5.77
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$3.57
Costs to cover: 0.180%
Break-even: 8.2 days

Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 68 min ago; SoDEX: 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), 68 min ago	130.05 bp	141.1 bp −$141	963.5 bp −$9,635	10292.4 bp −$1.03M	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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]	L −0.0092% / S +0.0166%	1h	13.176	−0.014%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.187	+0.074%	$483K	$2.3M	3.7x	as long as short
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	13.176	−0.015%	$714K	$120K	50x	as long as short
gTrade (Gains Network) LINK/USDlong	L +0.0004% / S −0.0006%	1h	13.178	long leg	$134K	—	150x
dYdX LINK-USD	+0.0018%	1h	13.174	−0.025%	$349K	$60K	10x	as long as short
Phoenix LINK	+0.0018%	1h	13.159	−0.142%	$3K	$84K	10x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−5.901%	$4K	$48K	12x	as long as short
Orderly PERP_LINK_USDC	+0.0043%	8h	13.165	−0.096%	$135K	$1.6M	20x	as long as short
Variational Omni LINK	+0.0087%	8h	13.164	−0.105%	$3.3M	$1.5M	—	as long as short
Lighter LINK	+0.0096%	1h	13.177	−0.001%	$2.1M	$2.4M	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex LINK-USD-PERP	+0.0100%	8h	13.174	−0.031%	$32K	$3K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	13.172	−0.039%	$400K	$316K	10x	as long as short
Hyperliquid LINK	+0.0100%	1h	13.187	+0.071%	$78.0M	$23.5M	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	13.179	+0.009%	$1.6M	$2.7M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.177	−0.002%	$276K	$150K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.172	−0.042%	$122.0M	$300.5M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.171	−0.050%	$84.8M	$69.3M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.172	−0.042%	$27.9M	$85.5M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.186	+0.064%	$185K	$172K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.176	−0.012%	$130.9M	$12.7M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.174	−0.027%	$37.1M	$56.7M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.179	+0.011%	$22.0M	$15.7M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.171	−0.050%	$54.5M	$30.1M	75x	as long as short
BingX LINK-USDT	+0.0100%	8h	13.175	−0.020%	—	$21.8M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.151	−0.199%	$44K	$307K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.145	−0.247%	$593K	$2.8M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.155	−0.172%	$153K	$663K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.179	+0.011%	$81K	$67K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.170	−0.061%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.188	+0.076%	$34K	$1.5M	30x	as long as short
SoDEX LINK-USDshort	+0.0100%	1h	13.170	−0.058%	$5K	$40K	10x
HTX LINK-USDT	+0.0100%	8h	13.158	−0.152%	$647K	$908K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.168	−0.076%	$667K	$1.9M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	13.175	−0.022%	$552K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0104%	1h	13.175	−0.020%	$989K	$2.7M	50x	as long as short
Backpack LINK_USDC_PERP	+0.0120%	1h	13.183	+0.041%	$365K	$372K	15x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.164	−0.103%	$5.2M	$16.9M	75x	as long as short
Reya LINKRUSDPERP	+0.0373%	1h	13.172	−0.039%	$5K	—	20x	as long as short
Phemex LINKUSDT	+0.0461%	8h	13.184	+0.049%	$20.4M	$11.5M	50x	as long as short
Kraken Futures PF_LINKUSD	+0.0503%	1h	13.181	+0.024%	$7.0M	$7.8M	50x	as long as short