Settings8H · net · $10k
Funding arb · Price arb /

LINK

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0071%/8h= +7.7% APRnext payment +$0.09 per $10,000 · paid last 24h +0.021%
Price spread now: Aevo against Injective+4.423%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.953%−$95 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aevo is 4.423% dearer against Injective than usual: you sell high and buy low: +$442 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.953%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective LINK/USDC PERP12.4000.0033pay 0.0004% / 1h4m 25s$4K$48K12x
ShortAevo LINK-PERP12.9480.0104get 0.0013% / 1h4m 25s$543K$2K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Injective. 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

Funding earned
$14.84
Price spread: +4.423% → 0.000%
$442.34
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Aevo: 8 bp × 2 orders
−$16
Net
$441.16
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Aevo: live order book, 55 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Aevo live order book, 55 min ago33.99 bp48.1 bp −$48doesn't fitdoesn't fitdoesn't fit
Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX LINK/USD [LINK-USDC]L −0.0089% / S +0.0166%1h12.944+4.390%$1.8M200xas long as short
Kalshi KXLINKPERP0.0000%8h12.948+4.422%$521K$2.3M3.7xas long as short
gTrade (Gains Network) LINK/USDL +0.0004% / S −0.0006%1h12.947+4.415%$185K150xas long as short
Injective LINK/USDC PERPlong+0.0033%1h12.400long leg$4K$48K12x
Orderly PERP_LINK_USDC+0.0054%8h12.943+4.379%$117K$1.2M20xas long as short
Lighter LINK+0.0096%1h12.943+4.376%$1.9M$2.8M10xas long as short
Coinbase International LINK-PERP-INTX+0.0096%1h12.954+4.468%$942K$2.7M50xas long as short
Phoenix LINK+0.0099%1h12.978+4.662%$3K$84K10xas long as short
Paradex LINK-USD-PERP+0.0100%8h12.942+4.374%$31K$2K20xas long as short
Nado LINK-PERP+0.0100%1h12.943+4.379%$391K$310K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster LINKUSDT+0.0100%8h12.948+4.421%$1.2M$2.4M50xas long as short
Pacifica LINK+0.0100%1h12.944+4.385%$274K$178K10xas long as short
Binance LINKUSDT+0.0100%8h12.949+4.427%$119.8M$297.4M75xas long as short
Bybit LINKUSDT+0.0100%8h12.943+4.379%$83.5M$72.1M75xas long as short
OKX LINK-USDT-SWAP+0.0100%8h12.946+4.403%$27.4M$81.0M50xas long as short
Arcus LINK-USD+0.0100%1h12.962+4.532%$181K$166K10xas long as short
Gate LINK_USDT+0.0100%8h12.943+4.379%$128.2M$13.0M75xas long as short
MEXC LINK_USDT+0.0100%8h12.955+4.476%$32.8M$57.2M300xas long as short
KuCoin LINKUSDTM+0.0100%8h12.955+4.476%$22.7M$13.5M75xas long as short
Bitget LINKUSDT+0.0100%8h12.952+4.452%$53.9M$29.5M75xas long as short
BingX LINK-USDC+0.0100%8h12.942+4.371%$6.7Mas long as short
Backpack LINK_USDC_PERP+0.0100%1h12.952+4.452%$339K$387K15xas long as short
Variational Omni LINK+0.0100%8h12.943+4.381%$3.3M$1.7Mas long as short
edgeX LINKUSDC+0.0100%4h12.960+4.515%$43K$306K20xas long as short
GRVT LINK_USDT_Perp+0.0100%8h12.958+4.498%$592K$2.7M10xas long as short
ApeX Omni LINKUSDT+0.0100%1h12.966+4.565%$133K$675K50xas long as short
Polymarket Perps LINK-USD+0.0100%1h12.960+4.516%$81K$70K10xas long as short
Derive LINK-PERP+0.0100%1h12.944+4.388%$16K$22K10xas long as short
SunX LINK-USDT+0.0100%8h12.962+4.530%$33K$1.5M30xas long as short
SoDEX LINK-USD+0.0100%1h12.946+4.403%$11K$63K10xas long as short
HTX LINK-USDT+0.0100%8h12.935+4.311%$635K$694K75xas long as short
Extended LINK-USD+0.0104%1h12.939+4.349%$632K$2.0M25xas long as short
Aevo LINK-PERPshort+0.0104%1h12.948+4.423%$543K$2K3x
Deribit LINK_USDC-PERPETUAL+0.0175%1h12.951+4.446%$779K$202K50xas long as short
BloFin LINK-USDT+0.0220%8h12.941+4.363%$5.2M$15.7M75xas long as short
Hyperliquid LINK+0.0384%1h12.968+4.581%$81.2M$27.4M10xas long as short
Reya LINKRUSDPERP+0.0391%1h12.952+4.451%$4K20xas long as short
Kraken Futures PF_LINKUSD+0.0394%1h12.950+4.437%$6.7M$8.1M50xas long as short
dYdX LINK-USD+0.0421%1h12.943+4.381%$343K$30K10xas long as short
Phemex LINKUSDT+0.0544%8h12.962+4.532%$20.0M$11.3M50xas long as short