LINK

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Lighter RHLINK	11.446	+0.0096	pay 0.0012% / 1h	56m 26s	$29K	$136K	10x	Long Lighter RH+10% pts
SHORT	Variational OmniLINK	11.407	+0.0018	get 0.0018% / 8h	2h 56m	$2.3M	$638K	50x	Short Variational Omni+15% pts

Price gap−0.339%

Funding gap−0.0078% /8h

Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.197% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$7−0.0078% /8h now · paid −0.075% over the last 3 days (all we have)

Price−$20spread −0.339% now, avg −0.142% → −0.197% if it goes back

Costs−$160.159% of $10k · taker + slippage, in and out

Result−$43−0.43%+ Points / potential airdropLighter RH: Points live · Variational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.339%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

LINK on 43 exchanges

lowest funding first

Before you open

2 ok · 4 to watch

Watch: Large against open interest2.6 / 4.4 bp
$10k is over 10% of Lighter RH’s open interest.
Note: Margin at max leverage$1,000 + $200
Lighter RH 10x, Variational Omni 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 8h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$2.33Long Lighter RH: 24 payments, −$2.88; short Variational Omni: 3 payments, +$0.55.
Watch: Gap narrower than usual−0.339% vs −0.142%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$29K vs $2.3M OI
Lighter RH sets your exit cost. Check its book before closing.
OK: Points on a legLighter RH Points live · Variational Omni points
Volume here counts toward the points program.
OK: No KYC on either legLighter RH No · Variational Omni No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0095%/8h × 21 periods−$19.90

Price spread−0.339% → −0.142% (7d avg)−$19.73

Slippage, 4 orderslive order books−$15.92

Fee Lighter RH bp × 2 orders$0.00

Fee Variational Omni bp × 2 orders$0.00

Net · 7 days · $10k−$55.55

Costs to cover0.159%Break-evennever at this rate

Slippage: Lighter RH: live order book, 55 min ago; Variational Omni: RFQ quote, 2 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGLighter RH2.502.6 bp−$310.4 bp−$104doesn’t fitdoesn’t fit

SELL · SHORTVariational Omni3.204.4 bp−$45.6 bp−$56doesn’t fitdoesn’t fit

Closing costs about the same again.

LINK news

posts that mention LINK, from every exchangeSearch all news →

10-23 14:30	Lighter RH	Listing	new market LINK ($LINK) seen by our collector
10-23 09:05	Reya	Listing	new market LINKRUSDPERP ($LINK) seen by our collector
10-21 12:23	OKX	Other	ZEC (@Zcash) takes the spotlight in X Drops in Europe. Hold ZEC, TAO, LTC, ONDO, LINK, ZRO, LIT, ENA, DOGE or ARB for a share of 200 $ZEC, with 2× on all ZEC trades. Ends Oct 26, 14:00 CEST. @okx on X ↗
09-28 15:17	OKX	Other	New X Drops just went live in Europe. Trade XDP, HYPE, TAO, LINK, PUMP, UNI, LTC, DOGE, FET, or AAVE for a share of 23M $XDP. $XDP trades get a 3× boost. @okx on X ↗
09-28 14:27	BloFin	Other	Start your week with BloFin Earn’s Monday Exclusive! Take advantage of high-yield savings on BTC and LINK with returns up to 55% APR. @BloFin_Official on X ↗
09-19 12:00	KuCoin	Other	Altseason 2026 hasn't officially started—CoinMarketCap's Altcoin Season Index sits near 44, well below the 75 threshold, and Bitcoin dominance is still holding around 58%. But a handful of names are already breaking away: HYPE and ZEC are leading on market cap and momentum, LINK and ONDO anchor the RWA/oracle narrative, while UNI, AAVE, XRP, PENGU, PONS, and Binance Life round out the top 10 watchlist. Which 10 altcoins are traders positioning in before the rotation? We break it all down on the KuCoin Blog 👇 @kucoincom on X ↗