LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%

Price spread now: BloFin against MEXC+0.062%7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs+$8as in the Funding arb table

Net, price: spread back to 7d avg − costs−$10as in the Price arb table

costs, in and out, $10k−$170.166% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.244%+$24 on $10k

Price spread, last 4 days (all we have)−0.046%−$5 · spread now +0.062%, 7d avg −0.004%

Together, before fees+0.198%+$20 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.067% dearer against MEXC than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC LINK_USDT	12.861	0.0100	pay 0.0100% / 8h	1h 37m	$34.2M	$58.1M	300x
Short	BloFin LINK-USDT	12.869	0.0220	get 0.0220% / 8h	1h 37m	$5.2M	$15.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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 MEXCbpFee BloFinbpOrdersPrice spread, now +0.062%Rate

Funding earned: $25.2
Price spread: +0.062% → −0.004%: $6.66
Slippage, 4 orders: −$4.61
Fee MEXC: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: $15.25
Costs to cover: 0.166%
Break-even: 2.8 days

Slippage from MEXC: live order book, 2 min ago; BloFin: live order book, 7 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 MEXC live order book, 2 min ago	0.39 bp	0.4 bp $0	3.4 bp −$34	24.5 bp −$2,455	47.2 bp −$23.6K
Sell BloFin live order book, 7 min ago	0.39 bp	9.2 bp −$9	15.4 bp −$154	31.8 bp −$3,180	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 −0.0089% / S +0.0166%	1h	12.869	+0.063%	$1.7M	—	200x	as long as short
Orderly PERP_LINK_USDC	−0.0002%	8h	12.864	+0.023%	$93K	$1.1M	20x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	12.876	+0.114%	$512K	$2.3M	3.7x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0005%	1h	12.867	+0.046%	$155K	—	150x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−3.584%	$4K	$48K	12x	as long as short
Phoenix LINK	+0.0093%	1h	12.874	+0.102%	$3K	$85K	10x	as long as short
Lighter LINK	+0.0096%	1h	12.866	+0.040%	$1.9M	$2.8M	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	12.869	+0.064%	$31K	$2K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	12.868	+0.054%	$349K	$340K	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	12.864	+0.026%	$1.3M	$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	12.871	+0.079%	$274K	$183K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	12.861	0.000%	$118.6M	$301.7M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	12.857	−0.031%	$83.1M	$73.9M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	12.860	−0.008%	$27.0M	$80.8M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	12.888	+0.210%	$180K	$94K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	12.863	+0.016%	$123.9M	$15.3M	75x	as long as short
MEXC LINK_USDTlong	+0.0100%	8h	12.861	long leg	$34.2M	$58.1M	300x
KuCoin LINKUSDTM	+0.0100%	8h	12.865	+0.031%	$22.7M	$12.9M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	12.858	−0.023%	$53.8M	$30.5M	75x	as long as short
BingX LINK-USDT	+0.0100%	8h	12.860	−0.008%	—	$23.3M	—	as long as short
Variational Omni LINK	+0.0100%	8h	12.878	+0.134%	$3.3M	$1.7M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	12.866	+0.042%	$43K	$306K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	12.884	+0.175%	$578K	$2.9M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	12.894	+0.257%	$132K	$672K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	12.876	+0.117%	$81K	$70K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	12.866	+0.042%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	12.886	+0.196%	$33K	$1.4M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	12.871	+0.078%	$10K	$61K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	12.851	−0.079%	$631K	$786K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	12.856	−0.036%	$626K	$2.0M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	12.872	+0.087%	$540K	$2K	3x	as long as short
Backpack LINK_USDC_PERP	+0.0117%	1h	12.871	+0.078%	$335K	$387K	15x	as long as short
Coinbase International LINK-PERP-INTX	+0.0120%	1h	12.868	+0.054%	$933K	$2.8M	50x	as long as short
Kraken Futures PF_LINKUSD	+0.0193%	1h	12.874	+0.098%	$6.6M	$8.3M	50x	as long as short
BloFin LINK-USDTshort	+0.0220%	8h	12.869	+0.062%	$5.2M	$15.8M	75x
Hyperliquid LINK	+0.0334%	1h	12.876	+0.117%	$80.3M	$27.7M	10x	as long as short
Reya LINKRUSDPERP	+0.0397%	1h	12.868	+0.055%	$4K	—	20x	as long as short
Deribit LINK_USDC-PERPETUAL	+0.0403%	1h	12.877	+0.121%	$805K	$261K	50x	as long as short
Phemex LINKUSDT	+0.0583%	8h	12.885	+0.187%	$19.9M	$11.3M	50x	as long as short
dYdX LINK-USD	+0.0890%	1h	12.868	+0.055%	$343K	$33K	10x	as long as short