LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0028%/8h= +3.1% APRpaid last 24h +0.009%

Price spread now: Variational Omni against gTrade (Gains Network)+0.362%7-day average −0.030% · you sell dearer than you buy

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

Long on gTrade (Gains Network)Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.055%+$6 on $10k

Price spread, last 3 days (all we have)−0.738%−$74 · spread now +0.362%, 7d avg −0.030%

Together, before fees−0.683%+ Points / potential airdropVariational Omni: Active · farm board−$68 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Variational Omni is 0.392% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$39 more if the spread goes back to its 7-day average of −0.030%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) LINK/USD	13.062	L +0.0003% / S −0.0002%	pay 0.0000% / 1h	51m 01s	$83K	—	150x
Short	Variational Omni LINK	13.109	0.0031	get 0.0031% / 8h	2h 51m	$3.3M	$1.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.362%Rate

Funding earned: $5.86
Price spread: +0.362% → −0.030%: $39.19
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $35.05
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 38 min ago; Variational Omni: RFQ quote, 3 min ago. 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), 38 min ago	130.05 bp	141.1 bp −$141	963.5 bp −$9,635	10292.4 bp −$1.03M	doesn't fit
Sell Variational Omni RFQ quote, 3 min ago	3.13 bp	doesn't fit	10.8 bp −$108	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 +0.0165%	1h	13.062	−0.005%	$1.7M	—	200x	as long as short
dYdX LINK-USD	0.0000%	1h	13.067	+0.037%	$346K	$60K	10x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.070	+0.057%	$455K	$2.3M	3.7x	as long as short
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	13.063	+0.009%	$696K	$107K	50x	as long as short
gTrade (Gains Network) LINK/USDlong	L +0.0003% / S −0.0002%	1h	13.062	long leg	$83K	—	150x
Phoenix LINK	+0.0018%	1h	13.082	+0.151%	$3K	$84K	10x	as long as short
Variational Omni LINKshort	+0.0031%	8h	13.109	+0.362%	$3.3M	$1.6M	—
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−5.070%	$4K	$48K	12x	as long as short
Orderly PERP_LINK_USDC	+0.0056%	8h	13.054	−0.063%	$134K	$1.6M	20x	as long as short
Lighter LINK	+0.0096%	1h	13.068	+0.046%	$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	13.046	−0.126%	$31K	$3K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	13.056	−0.047%	$396K	$319K	10x	as long as short
Hyperliquid LINK	+0.0100%	1h	13.074	+0.090%	$77.5M	$23.4M	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	13.064	+0.016%	$1.6M	$2.7M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.061	−0.012%	$274K	$155K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.067	+0.037%	$120.9M	$301.0M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.066	+0.029%	$84.3M	$69.4M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.068	+0.044%	$27.5M	$84.8M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.081	+0.144%	$183K	$170K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.064	+0.014%	$130.2M	$12.5M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.063	+0.006%	$35.3M	$55.8M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.063	+0.006%	$21.9M	$16.0M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.064	+0.014%	$54.0M	$30.2M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	13.064	+0.014%	—	$6.6M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	13.074	+0.090%	$362K	$371K	15x	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.089	+0.207%	$43K	$307K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.133	+0.542%	$591K	$2.8M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.089	+0.205%	$152K	$661K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.059	−0.024%	$79K	$62K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.060	−0.020%	$22K	$16K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.073	+0.083%	$34K	$1.6M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.059	−0.024%	$5K	$40K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.037	−0.191%	$638K	$908K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.059	−0.025%	$665K	$1.9M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	13.064	+0.014%	$548K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0104%	1h	13.063	+0.006%	$986K	$2.7M	50x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.049	−0.101%	$5.2M	$16.6M	75x	as long as short
Reya LINKRUSDPERP	+0.0372%	1h	13.057	−0.036%	$4K	—	20x	as long as short
Kraken Futures PF_LINKUSD	+0.0507%	1h	13.070	+0.057%	$6.9M	$7.7M	50x	as long as short
Phemex LINKUSDT	+0.0517%	8h	13.073	+0.083%	$20.2M	$11.5M	50x	as long as short