LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.020%

Price spread now: Nado against Injective+5.452%7-day average — · you sell dearer than you buy

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

Long on Injective Short on Nado

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 airdropNado: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Nado is 5.452% dearer against Injective than usual: you sell high and buy low: +$545 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective LINK/USDC PERP	12.400	0.0033	pay 0.0004% / 1h	49m 12s	$4K	$48K	12x
Short	Nado LINK-PERP	13.076	0.0100	get 0.0012% / 1h	49m 12s	$397K	$319K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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

Position, each leg$Hold fordaysFee InjectivebpFee NadobpOrdersPrice spread, now +5.452%Rate

Funding earned: $14
Price spread: +5.452% → 0.000%: $545.16
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $552.14
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Nado: live order book, 38 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 Injective no order-book sample	—	—	—	—	—
Sell Nado live order book, 38 min ago	1.13 bp	7.3 bp −$7	19.4 bp −$194	doesn't fit	doesn'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.

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	13.075	+5.444%	$1.7M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.091	+5.573%	$456K	$2.3M	3.7x	as long as short
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	13.080	+5.484%	$701K	$111K	50x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0003% / S −0.0002%	1h	13.078	+5.467%	$82K	—	150x	as long as short
Phoenix LINK	+0.0018%	1h	13.073	+5.429%	$3K	$84K	10x	as long as short
Injective LINK/USDC PERPlong	+0.0033%	1h	12.400	long leg	$4K	$48K	12x
Variational Omni LINK	+0.0037%	8h	13.058	+5.303%	$3.2M	$1.5M	—	as long as short
Orderly PERP_LINK_USDC	+0.0055%	8h	13.069	+5.395%	$134K	$1.6M	20x	as long as short
dYdX LINK-USD	+0.0071%	1h	13.083	+5.505%	$347K	$60K	10x	as long as short
Lighter LINK	+0.0096%	1h	13.081	+5.495%	$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	+5.455%	$31K	$3K	20x	as long as short
Nado LINK-PERPshort	+0.0100%	1h	13.076	+5.452%	$397K	$319K	10x
Hyperliquid LINK	+0.0100%	1h	13.082	+5.500%	$77.4M	$23.5M	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	13.084	+5.515%	$1.6M	$2.7M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.080	+5.484%	$274K	$153K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.073	+5.427%	$120.9M	$300.9M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.075	+5.444%	$84.4M	$69.6M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.077	+5.460%	$27.6M	$84.8M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.093	+5.589%	$184K	$171K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.075	+5.444%	$130.3M	$12.5M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.071	+5.411%	$35.5M	$55.9M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.080	+5.484%	$21.9M	$16.0M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.075	+5.444%	$54.0M	$30.3M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	13.074	+5.435%	—	$6.6M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	13.088	+5.548%	$362K	$371K	15x	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.089	+5.558%	$43K	$307K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.062	+5.338%	$588K	$2.8M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.060	+5.323%	$152K	$660K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.082	+5.500%	$79K	$63K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.075	+5.440%	$22K	$16K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.086	+5.532%	$34K	$1.6M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.076	+5.452%	$5K	$40K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.059	+5.319%	$639K	$908K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.074	+5.434%	$664K	$1.9M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	13.080	+5.484%	$549K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0104%	1h	13.083	+5.508%	$987K	$2.7M	50x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.081	+5.492%	$5.2M	$16.7M	75x	as long as short
Reya LINKRUSDPERP	+0.0372%	1h	13.076	+5.451%	$5K	—	20x	as long as short
Kraken Futures PF_LINKUSD	+0.0507%	1h	13.084	+5.513%	$6.9M	$7.7M	50x	as long as short
Phemex LINKUSDT	+0.0510%	8h	13.092	+5.581%	$20.2M	$11.5M	50x	as long as short