LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.024%

Price spread now: MEXC against Kalshi+0.144%7-day average +0.052% · you sell dearer than you buy

Net, funding: paid 7d − costs−$12as in the Funding arb table

Net, price: spread back to 7d avg − costs−$17as in the Price arb table

costs, in and out, $10k−$260.260% of the position

Long on Kalshi Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.144%+$14 on $10k

Price spread, last 3 days (all we have)−0.322%−$32 · spread now +0.144%, 7d avg +0.052%

Together, before fees−0.178%−$18 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and MEXC is 0.092% dearer against Kalshi than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.052%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXLINKPERP	13.164	0	get 0.0000% / 8h	3h 56m	$481K	$2.4M	3.7x
Short	MEXC LINK_USDT	13.183	0.0100	get 0.0100% / 8h	7h 56m	$36.7M	$57.9M	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Kalshi. 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 KalshibpFee MEXCbpOrdersPrice spread, now +0.144%Rate

Funding earned: $21
Price spread: +0.144% → +0.052%: $9.19
Slippage, 4 orders: −$15.98
Fee Kalshi: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: $4.21
Costs to cover: 0.260%
Break-even: 5.6 days

Slippage from Kalshi: live order book, 2 min ago; MEXC: live order book, 3 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 Kalshi live order book, 2 min ago	7.18 bp	12.8 bp −$13	25.9 bp −$259	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	0.38 bp	0.4 bp $0	3.3 bp −$33	21.1 bp −$2,110	39.0 bp −$19.5K

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	13.171	+0.054%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERPlong	0.0000%	8h	13.164	long leg	$481K	$2.4M	3.7x
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	13.181	+0.128%	$743K	$152K	50x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0007%	1h	13.173	+0.066%	$134K	—	150x	as long as short
Phoenix LINK	+0.0012%	1h	13.172	+0.062%	$4K	$89K	10x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−5.804%	$4K	$48K	12x	as long as short
Orderly PERP_LINK_USDC	+0.0043%	8h	13.176	+0.091%	$133K	$1.5M	20x	as long as short
Lighter LINK	+0.0096%	1h	13.181	+0.129%	$2.0M	$2.7M	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	13.174	+0.075%	$32K	$3K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	13.173	+0.068%	$403K	$312K	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	13.182	+0.137%	$1.4M	$3.0M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.181	+0.127%	$277K	$151K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.187	+0.175%	$122.5M	$306.5M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.187	+0.175%	$85.2M	$71.7M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.183	+0.144%	$27.9M	$86.5M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.190	+0.198%	$185K	$172K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.186	+0.167%	$130.7M	$12.1M	75x	as long as short
MEXC LINK_USDTshort	+0.0100%	8h	13.183	+0.144%	$36.7M	$57.9M	300x
KuCoin LINKUSDTM	+0.0100%	8h	13.187	+0.175%	$22.8M	$15.1M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.184	+0.152%	$54.8M	$30.7M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	13.187	+0.175%	—	$6.6M	—	as long as short
Variational Omni LINK	+0.0100%	8h	13.175	+0.081%	$3.4M	$1.6M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.179	+0.111%	$44K	$307K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.183	+0.147%	$597K	$2.7M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.185	+0.160%	$153K	$668K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.178	+0.106%	$82K	$69K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.175	+0.081%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.194	+0.226%	$34K	$1.6M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.181	+0.129%	$5K	$32K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.168	+0.028%	$648K	$875K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.174	+0.074%	$740K	$1.9M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	13.182	+0.137%	$553K	$2K	3x	as long as short
Phemex LINKUSDT	+0.0105%	8h	13.193	+0.220%	$20.4M	$11.6M	50x	as long as short
Coinbase International LINK-PERP-INTX	+0.0120%	1h	13.179	+0.114%	$1.0M	$2.8M	50x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.192	+0.213%	$5.2M	$16.7M	75x	as long as short
Backpack LINK_USDC_PERP	+0.0305%	1h	13.197	+0.251%	$364K	$373K	15x	as long as short
Kraken Futures PF_LINKUSD	+0.0364%	1h	13.191	+0.206%	$6.9M	$8.3M	50x	as long as short
Reya LINKRUSDPERP	+0.0380%	1h	13.166	+0.013%	$5K	—	20x	as long as short
Hyperliquid LINK	+0.0465%	1h	13.205	+0.311%	$79.3M	$24.6M	10x	as long as short
dYdX LINK-USD	+0.0537%	1h	13.176	+0.094%	$349K	$48K	10x	as long as short