LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.010%

Price spread now: Variational Omni against Kalshi−0.141%7-day average +0.040% · you buy dearer than you sell

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

Long on Kalshi Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.058%+$6 on $10k

Price spread, last 3 days (all we have)+0.035%+$3 · spread now −0.141%, 7d avg +0.040%

Together, before fees+0.093%+ Points / potential airdropVariational Omni: Active · farm board+$9 on $10k · with fees, hour by hour

Funding pays, the price is against you. Variational Omni is 0.181% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.141% now, against its 7-day average of +0.040%). If the spread goes back, that is −$18 on $10k: about 6.0 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXLINKPERP	13.104	0	get 0.0000% / 8h	4h 06m	$472K	$2.4M	3.7x
Short	Variational Omni LINK	13.086	0.0100	get 0.0100% / 8h	6m 13s	$3.3M	$1.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.141%Rate

Funding earned: $21
Price spread: −0.141% → +0.040%: −$18.1
Slippage, 4 orders: no order book: not counted
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$7.1
Costs to cover: 0.100%
Break-even: 9.4 days

Slippage unknown: Kalshi: live order book, 2 min ago; Variational Omni: RFQ quote, 3 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 Kalshi live order book, 2 min ago	9.52 bp	14.7 bp −$15	19.8 bp −$198	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 3 min ago	3.13 bp	doesn't fit	8.9 bp −$89	doesn't fit	doesn't fit

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	13.089	−0.114%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERPlong	0.0000%	8h	13.104	long leg	$472K	$2.4M	3.7x
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	13.093	−0.083%	$725K	$139K	50x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0007%	1h	13.091	−0.104%	$133K	—	150x	as long as short
Phoenix LINK	+0.0012%	1h	13.110	+0.040%	$4K	$84K	10x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−5.374%	$4K	$48K	12x	as long as short
Orderly PERP_LINK_USDC	+0.0044%	8h	13.086	−0.139%	$132K	$1.5M	20x	as long as short
Lighter LINK	+0.0096%	1h	13.092	−0.093%	$2.0M	$2.7M	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	13.090	−0.108%	$31K	$3K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	13.095	−0.070%	$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	13.095	−0.067%	$1.4M	$3.0M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.098	−0.046%	$275K	$150K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.096	−0.063%	$121.7M	$304.9M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.095	−0.070%	$84.4M	$71.2M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.097	−0.055%	$27.5M	$85.4M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.110	+0.044%	$184K	$172K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.095	−0.070%	$129.9M	$12.9M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.092	−0.093%	$36.2M	$58.4M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.096	−0.063%	$22.7M	$15.2M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.095	−0.070%	$54.5M	$30.6M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	13.098	−0.047%	—	$6.6M	—	as long as short
Variational Omni LINKshort	+0.0100%	8h	13.086	−0.141%	$3.3M	$1.6M	—
edgeX LINKUSDC	+0.0100%	4h	13.104	+0.001%	$43K	$308K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.107	+0.021%	$593K	$2.7M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.106	+0.014%	$152K	$668K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.096	−0.063%	$81K	$69K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.087	−0.132%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.108	+0.028%	$34K	$1.6M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.089	−0.116%	$5K	$35K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.086	−0.135%	$644K	$880K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.085	−0.147%	$667K	$1.9M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	13.091	−0.099%	$549K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0160%	1h	13.111	+0.052%	$993K	$2.7M	50x	as long as short
Backpack LINK_USDC_PERP	+0.0211%	1h	13.105	+0.006%	$362K	$376K	15x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.097	−0.055%	$5.2M	$16.2M	75x	as long as short
Hyperliquid LINK	+0.0291%	1h	13.114	+0.075%	$77.8M	$24.0M	10x	as long as short
Reya LINKRUSDPERP	+0.0380%	1h	13.087	−0.133%	$5K	—	20x	as long as short
Kraken Futures PF_LINKUSD	+0.0479%	1h	13.099	−0.039%	$6.9M	$8.2M	50x	as long as short
Phemex LINKUSDT	+0.0490%	8h	13.107	+0.021%	$20.3M	$11.6M	50x	as long as short
dYdX LINK-USD	+0.0521%	1h	13.103	−0.011%	$347K	$48K	10x	as long as short