LINK

Alert: funding

Alert: spread

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

Price spread now: Pacifica against Injective+5.707%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 Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−1.044%−$104 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Pacifica is 5.707% dearer against Injective than usual: you sell high and buy low: +$571 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 −1.044%, so the current rate has only just turned in your favour.

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	12m 06s	$4K	$48K	12x
Short	Pacifica LINK	13.108	0.0100	get 0.0013% / 1h	12m 06s	$276K	$151K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +5.707%Rate

Funding earned: $14
Price spread: +5.707% → 0.000%: $570.67
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $576.65
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Pacifica: live order book, 1 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 Pacifica live order book, 1 min ago	3.82 bp	9.8 bp −$10	doesn't fit	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 +0.0167%	1h	13.103	+5.670%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.112	+5.744%	$472K	$2.4M	3.7x	as long as short
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	13.100	+5.644%	$725K	$139K	50x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0007%	1h	13.103	+5.666%	$133K	—	150x	as long as short
Phoenix LINK	+0.0012%	1h	13.108	+5.714%	$4K	$84K	10x	as long as short
Injective LINK/USDC PERPlong	+0.0033%	1h	12.400	long leg	$4K	$48K	12x
Orderly PERP_LINK_USDC	+0.0044%	8h	13.096	+5.613%	$132K	$1.5M	20x	as long as short
Lighter LINK	+0.0096%	1h	13.095	+5.602%	$2.0M	$2.7M	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	13.101	+5.650%	$32K	$3K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	13.105	+5.685%	$400K	$310K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LINKUSDT	+0.0100%	8h	13.101	+5.654%	$1.4M	$3.0M	50x	as long as short
Pacifica LINKshort	+0.0100%	1h	13.108	+5.707%	$276K	$151K	10x
Binance LINKUSDT	+0.0100%	8h	13.095	+5.605%	$121.7M	$304.8M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.098	+5.629%	$84.4M	$71.2M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.101	+5.653%	$27.6M	$85.4M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.118	+5.790%	$184K	$172K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.097	+5.621%	$129.9M	$12.9M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.095	+5.605%	$36.1M	$58.3M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.100	+5.645%	$22.7M	$15.2M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.095	+5.605%	$54.5M	$30.5M	75x	as long as short
BingX LINK-USDT	+0.0100%	8h	13.097	+5.621%	—	$21.3M	—	as long as short
Variational Omni LINK	+0.0100%	8h	13.125	+5.844%	$3.3M	$1.6M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.113	+5.747%	$43K	$310K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.119	+5.800%	$593K	$2.7M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.114	+5.758%	$153K	$668K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.106	+5.694%	$81K	$69K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.094	+5.594%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.110	+5.726%	$34K	$1.6M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.095	+5.605%	$5K	$35K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.090	+5.565%	$644K	$880K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.093	+5.585%	$667K	$1.9M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	13.098	+5.629%	$549K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0160%	1h	13.125	+5.847%	$994K	$2.7M	50x	as long as short
Backpack LINK_USDC_PERP	+0.0214%	1h	13.107	+5.702%	$362K	$376K	15x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.108	+5.710%	$5.2M	$16.8M	75x	as long as short
Hyperliquid LINK	+0.0292%	1h	13.112	+5.742%	$77.8M	$24.1M	10x	as long as short
Reya LINKRUSDPERP	+0.0379%	1h	13.101	+5.651%	$5K	—	20x	as long as short
Kraken Futures PF_LINKUSD	+0.0479%	1h	13.102	+5.659%	$6.9M	$8.2M	50x	as long as short
Phemex LINKUSDT	+0.0487%	8h	13.112	+5.742%	$20.3M	$11.6M	50x	as long as short
dYdX LINK-USD	+0.0544%	1h	13.102	+5.660%	$347K	$48K	10x	as long as short