LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.023%

Price spread now: Paradex against Kalshi+0.063%7-day average — · you sell dearer than you buy

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

Long on Kalshi Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

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

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Paradex is 0.063% dearer against Kalshi than usual: you sell high and buy low: +$6 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	Kalshi KXLINKPERP	12.950	0	get 0.0000% / 8h	6h 12m	$526K	$2.3M	3.7x
Short	Paradex LINK-USD-PERP	12.958	0.0100	get 0.0100% / 8h	2h 12m	$31K	$2K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now +0.063%Rate

Funding earned: $20.98
Price spread: +0.063% → 0.000%: $6.3
Slippage, 4 orders: no order book: not counted
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: $13.28
Costs to cover: 0.140%
Break-even: 2.6 days

Slippage unknown: Kalshi: live order book, 1 min ago; Paradex: no order-book sample. 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 Kalshi live order book, 1 min ago	8.80 bp	13.9 bp −$14	18.0 bp −$180	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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 −0.0089% / S +0.0166%	1h	12.953	+0.026%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERPlong	0.0000%	8h	12.950	long leg	$526K	$2.3M	3.7x
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0005%	1h	12.952	+0.019%	$157K	—	150x	as long as short
Orderly PERP_LINK_USDC	+0.0033%	8h	12.942	−0.058%	$95K	$1.2M	20x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−4.243%	$4K	$48K	12x	as long as short
Phoenix LINK	+0.0074%	1h	12.924	−0.195%	$3K	$82K	10x	as long as short
Lighter LINK	+0.0096%	1h	12.959	+0.073%	$1.9M	$2.8M	10x	as long as short
Paradex LINK-USD-PERPshort	+0.0100%	8h	12.958	+0.063%	$31K	$2K	20x
Nado LINK-PERP	+0.0100%	1h	12.956	+0.050%	$347K	$343K	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	12.960	+0.083%	$1.2M	$2.4M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica LINK	+0.0100%	1h	12.959	+0.073%	$276K	$184K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	12.961	+0.086%	$119.3M	$302.5M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	12.955	+0.042%	$83.5M	$73.5M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	12.959	+0.073%	$27.5M	$80.3M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	12.972	+0.174%	$181K	$96K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	12.953	+0.027%	$124.5M	$15.4M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	12.958	+0.066%	$33.0M	$57.8M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	12.959	+0.073%	$22.9M	$13.1M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	12.955	+0.042%	$54.2M	$30.4M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	12.956	+0.050%	—	$6.6M	—	as long as short
Variational Omni LINK	+0.0100%	8h	12.920	−0.225%	$3.3M	$1.7M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	12.922	−0.214%	$43K	$308K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	12.924	−0.193%	$588K	$2.9M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	12.929	−0.158%	$132K	$675K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	12.963	+0.104%	$81K	$70K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	12.946	−0.027%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	12.961	+0.093%	$33K	$1.4M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	12.949	−0.004%	$10K	$62K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	12.932	−0.133%	$633K	$782K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	12.952	+0.022%	$628K	$2.0M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	12.949	−0.006%	$543K	$2K	3x	as long as short
Backpack LINK_USDC_PERP	+0.0113%	1h	12.963	+0.104%	$338K	$390K	15x	as long as short
Coinbase International LINK-PERP-INTX	+0.0128%	1h	12.948	−0.012%	$921K	$2.8M	50x	as long as short
BloFin LINK-USDT	+0.0220%	8h	12.956	+0.050%	$5.2M	$15.9M	75x	as long as short
Hyperliquid LINK	+0.0239%	1h	12.972	+0.174%	$80.8M	$27.7M	10x	as long as short
Deribit LINK_USDC-PERPETUAL	+0.0244%	1h	12.955	+0.046%	$805K	$249K	50x	as long as short
Kraken Futures PF_LINKUSD	+0.0276%	1h	12.951	+0.011%	$6.7M	$8.3M	50x	as long as short
Reya LINKRUSDPERP	+0.0396%	1h	12.956	+0.050%	$4K	—	20x	as long as short
Phemex LINKUSDT	+0.0563%	8h	12.963	+0.104%	$20.0M	$11.3M	50x	as long as short
dYdX LINK-USD	+0.0656%	1h	12.956	+0.049%	$345K	$33K	10x	as long as short