Settings8H · net · $10k
Funding arb · Price arb /

LINK

all LINK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: Aevo against Nado+0.070%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$850.846% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.003%$0 on $10k
Price spread, last 4 days (all we have)+0.123%+$12 · spread now +0.070%, 7d avg +0.030%
Together, before fees+0.126%+ Points / potential airdropNado: Active · farm board+$13 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.040% dearer against Nado than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado LINK-PERP13.0330.0100pay 0.0012% / 1h16m 00s$394K$312K10x
ShortAevo LINK-PERP13.0430.0104get 0.0013% / 1h16m 00s$547K$2K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Nado. 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

Funding earned
$0.84
Price spread: +0.070% → +0.030%
$3.99
Slippage, 4 orders
−$61.56
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$79.73
Costs to cover
0.846%
Break-even
671.4 days
Slippage from Nado: live order book, 47 min ago; Aevo: live order book, 48 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 47 min ago0.38 bp6.9 bp −$717.3 bp −$173doesn't fitdoesn't fit
Sell Aevo live order book, 48 min ago19.56 bp36.9 bp −$37178.2 bp −$1,782doesn't fitdoesn't fit

LINK on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX LINK/USD [LINK-USDC]L −0.0090% / S +0.0167%1h13.044+0.078%$1.8M200xas long as short
Kalshi KXLINKPERP0.0000%8h13.045+0.091%$483K$2.2M3.7xas long as short
gTrade (Gains Network) LINK/USDL +0.0004% / S −0.0009%1h13.045+0.085%$161K150xas long as short
Injective LINK/USDC PERP+0.0033%1h12.400−4.861%$4K$48K12xas long as short
Orderly PERP_LINK_USDC+0.0064%8h13.041+0.058%$118K$1.5M20xas long as short
Coinbase International LINK-PERP-INTX+0.0064%1h13.043+0.073%$966K$2.7M50xas long as short
Lighter LINK+0.0096%1h13.041+0.057%$1.9M$2.8M10xas long as short
Phoenix LINK+0.0098%1h13.061+0.213%$3K$84K10xas long as short
Paradex LINK-USD-PERP+0.0100%8h13.042+0.067%$31K$2K20xas long as short
Nado LINK-PERPlong+0.0100%1h13.033long leg$394K$312K10x
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster LINKUSDT+0.0100%8h13.044+0.078%$1.3M$2.3M50xas long as short
Pacifica LINK+0.0100%1h13.041+0.057%$275K$173K10xas long as short
Binance LINKUSDT+0.0100%8h13.046+0.096%$120.6M$296.4M75xas long as short
Bybit LINKUSDT+0.0100%8h13.040+0.050%$84.2M$71.6M75xas long as short
OKX LINK-USDT-SWAP+0.0100%8h13.043+0.073%$27.5M$82.6M50xas long as short
Arcus LINK-USD+0.0100%1h13.054+0.157%$183K$165K10xas long as short
Gate LINK_USDT+0.0100%8h13.038+0.035%$128.7M$12.8M75xas long as short
MEXC LINK_USDT+0.0100%8h13.037+0.027%$32.5M$57.3M300xas long as short
KuCoin LINKUSDTM+0.0100%8h13.042+0.065%$23.0M$13.4M75xas long as short
Bitget LINKUSDT+0.0100%8h13.042+0.065%$54.2M$29.8M75xas long as short
BingX LINK-USDC+0.0100%8h13.035+0.012%$6.6Mas long as short
Backpack LINK_USDC_PERP+0.0100%1h13.043+0.073%$345K$385K15xas long as short
Variational Omni LINK+0.0100%8h13.038+0.034%$3.4M$1.6Mas long as short
edgeX LINKUSDC+0.0100%4h13.044+0.084%$43K$306K20xas long as short
GRVT LINK_USDT_Perp+0.0100%8h13.040+0.050%$590K$2.7M10xas long as short
ApeX Omni LINKUSDT+0.0100%1h13.077+0.334%$134K$673K50xas long as short
Polymarket Perps LINK-USD+0.0100%1h13.048+0.111%$81K$70K10xas long as short
Derive LINK-PERP+0.0100%1h13.038+0.031%$16K$22K10xas long as short
SunX LINK-USDT+0.0100%8h13.060+0.204%$34K$1.5M30xas long as short
SoDEX LINK-USD+0.0100%1h13.042+0.065%$11K$63K10xas long as short
HTX LINK-USDT+0.0100%8h13.008−0.199%$642K$689K75xas long as short
Extended LINK-USD+0.0104%1h13.036+0.016%$651K$2.0M25xas long as short
Aevo LINK-PERPshort+0.0104%1h13.043+0.070%$547K$2K3x
Deribit LINK_USDC-PERPETUAL+0.0202%1h13.047+0.101%$775K$174K50xas long as short
BloFin LINK-USDT+0.0220%8h13.040+0.050%$5.2M$15.8M75xas long as short
Reya LINKRUSDPERP+0.0387%1h13.038+0.031%$4K20xas long as short
dYdX LINK-USD+0.0433%1h13.034+0.004%$345K$30K10xas long as short
Kraken Futures PF_LINKUSD+0.0552%1h13.045+0.088%$6.8M$8.1M50xas long as short
Phemex LINKUSDT+0.0578%8h13.055+0.165%$20.1M$11.5M50xas long as short
Hyperliquid LINK+0.0660%1h13.054+0.157%$82.1M$27.3M10xas long as short