LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.050%

Price spread now: BloFin against GRVT−0.639%7-day average +0.030% · you buy dearer than you sell

Net, funding: paid 7d − costs−$7as in the Funding arb table

Net, price: spread back to 7d avg − costs−$103as in the Price arb table

costs, in and out, $10k−$360.356% of the position

Long on GRVT Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.286%+$29 on $10k

Price spread, last 3 days (all we have)+0.788%+$79 · spread now −0.639%, 7d avg +0.030%

Together, before fees+1.074%+ Points / potential airdropGRVT: Active · farm board+$107 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.669% cheaper against GRVT than usual: you would sell low and buy high (spread −0.639% now, against its 7-day average of +0.030%). If the spread goes back, that is −$67 on $10k: about 19 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT LINK_USDT_Perp	13.133	0.0100	pay 0.0100% / 8h	2h 49m	$591K	$2.8M	10x
Short	BloFin LINK-USDT	13.049	0.0220	get 0.0220% / 8h	2h 49m	$5.2M	$16.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against GRVT. 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 GRVTbpFee BloFinbpOrdersPrice spread, now −0.639%Rate

Funding earned: $25.2
Price spread: −0.639% → +0.030%: −$66.94
Slippage, 4 orders: −$14.56
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$77.3
Costs to cover: 0.356%
Break-even: 28.5 days

Slippage from GRVT: live order book, 4 min ago; BloFin: live order book, 4 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 GRVT live order book, 4 min ago	1.53 bp	10.9 bp −$11	14.4 bp −$144	doesn't fit	doesn't fit
Sell BloFin live order book, 4 min ago	2.68 bp	8.8 bp −$9	12.7 bp −$127	27.4 bp −$2,739	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	13.071	−0.470%	$1.7M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.077	−0.428%	$455K	$2.3M	3.7x	as long as short
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	13.075	−0.442%	$701K	$111K	50x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0003% / S −0.0002%	1h	13.074	−0.451%	$83K	—	150x	as long as short
Phoenix LINK	+0.0018%	1h	13.082	−0.389%	$3K	$84K	10x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−5.581%	$4K	$48K	12x	as long as short
Variational Omni LINK	+0.0037%	8h	13.058	−0.574%	$3.2M	$1.5M	—	as long as short
Orderly PERP_LINK_USDC	+0.0056%	8h	13.064	−0.525%	$134K	$1.6M	20x	as long as short
dYdX LINK-USD	+0.0071%	1h	13.083	−0.384%	$347K	$60K	10x	as long as short
Lighter LINK	+0.0096%	1h	13.082	−0.388%	$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	13.076	−0.431%	$31K	$3K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	13.064	−0.525%	$397K	$319K	10x	as long as short
Hyperliquid LINK	+0.0100%	1h	13.090	−0.327%	$77.5M	$23.5M	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	13.083	−0.382%	$1.6M	$2.7M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.080	−0.403%	$274K	$153K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.076	−0.431%	$121.0M	$301.1M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.077	−0.426%	$84.5M	$69.6M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.078	−0.419%	$27.6M	$84.8M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.093	−0.304%	$184K	$171K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.077	−0.426%	$130.3M	$12.5M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.079	−0.411%	$35.5M	$55.9M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.087	−0.350%	$21.9M	$16.0M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.080	−0.403%	$54.1M	$30.2M	75x	as long as short
BingX LINK-USDT	+0.0100%	8h	13.081	−0.396%	—	$21.8M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	13.088	−0.343%	$362K	$371K	15x	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.089	−0.333%	$43K	$307K	20x	as long as short
GRVT LINK_USDT_Perplong	+0.0100%	8h	13.133	long leg	$591K	$2.8M	10x
ApeX Omni LINKUSDT	+0.0100%	1h	13.089	−0.335%	$152K	$661K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.073	−0.457%	$79K	$62K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.068	−0.495%	$22K	$16K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.079	−0.410%	$34K	$1.6M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.074	−0.449%	$5K	$40K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.040	−0.708%	$638K	$908K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.078	−0.419%	$664K	$1.9M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	13.075	−0.443%	$548K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0104%	1h	13.079	−0.411%	$986K	$2.7M	50x	as long as short
BloFin LINK-USDTshort	+0.0220%	8h	13.049	−0.639%	$5.2M	$16.6M	75x
Reya LINKRUSDPERP	+0.0372%	1h	13.069	−0.488%	$5K	—	20x	as long as short
Kraken Futures PF_LINKUSD	+0.0506%	1h	13.085	−0.363%	$6.9M	$7.7M	50x	as long as short
Phemex LINKUSDT	+0.0515%	8h	13.086	−0.358%	$20.2M	$11.5M	50x	as long as short