LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0286%/8h= +31.3% APRnext payment +$0.36 per $10,000 · paid last 24h +0.076%

Price spread now: Reya against Nado−0.009%7-day average — · you buy dearer than you sell

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

Long on Nado Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$9 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado LINK-PERP	12.972	0.0100	pay 0.0012% / 1h	39m 05s	$394K	$315K	10x
Short	Reya LINKRUSDPERP	12.971	0.0386	get 0.0048% / 1h	39m 05s	$4K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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

Position, each leg$Hold fordaysFee NadobpFee ReyabpOrdersPrice spread, now −0.009%Rate

Funding earned: $60.12
Price spread: −0.009% → 0.000%: −$0.89
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Reya: 3 bp × 2 orders: −$6
Net: $46.23
Costs to cover: 0.130%
Break-even: 1.6 days

Slippage unknown: Nado: live order book, 24 min ago; Reya: 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 Nado live order book, 24 min ago	0.38 bp	6.9 bp −$7	17.3 bp −$173	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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 −0.0090% / S +0.0167%	1h	12.959	−0.096%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	12.980	+0.062%	$480K	$2.2M	3.7x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0009%	1h	12.960	−0.096%	$159K	—	150x	as long as short
Deribit LINK_USDC-PERPETUAL	+0.0028%	1h	12.964	−0.059%	$770K	$193K	50x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−4.409%	$4K	$48K	12x	as long as short
Coinbase International LINK-PERP-INTX	+0.0064%	1h	12.966	−0.046%	$937K	$2.7M	50x	as long as short
Orderly PERP_LINK_USDC	+0.0067%	8h	12.956	−0.123%	$117K	$1.5M	20x	as long as short
Lighter LINK	+0.0096%	1h	12.960	−0.093%	$1.9M	$2.8M	10x	as long as short
Phoenix LINK	+0.0098%	1h	12.983	+0.084%	$3K	$84K	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	12.971	−0.010%	$31K	$2K	20x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado LINK-PERPlong	+0.0100%	1h	12.972	long leg	$394K	$315K	10x
Aster LINKUSDT	+0.0100%	8h	12.965	−0.057%	$1.3M	$2.3M	50x	as long as short
Pacifica LINK	+0.0100%	1h	12.975	+0.026%	$274K	$170K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	12.961	−0.086%	$119.5M	$296.2M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	12.959	−0.100%	$83.8M	$71.2M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	12.961	−0.085%	$27.3M	$81.9M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	12.990	+0.139%	$182K	$165K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	12.962	−0.077%	$128.1M	$12.7M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	12.960	−0.093%	$31.9M	$56.9M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	12.965	−0.054%	$23.0M	$13.6M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	12.964	−0.062%	$53.9M	$30.0M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	12.966	−0.046%	—	$6.7M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	12.968	−0.031%	$339K	$378K	15x	as long as short
Variational Omni LINK	+0.0100%	8h	12.971	−0.008%	$3.4M	$1.6M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	12.977	+0.041%	$43K	$305K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.011	+0.298%	$583K	$2.6M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.011	+0.301%	$133K	$671K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	12.978	+0.046%	$80K	$70K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	12.960	−0.092%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	12.984	+0.093%	$33K	$1.5M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	12.960	−0.093%	$13K	$49K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	12.959	−0.097%	$639K	$688K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	12.956	−0.127%	$692K	$2.0M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	12.961	−0.081%	$544K	$2K	3x	as long as short
BloFin LINK-USDT	+0.0220%	8h	12.966	−0.046%	$5.2M	$15.7M	75x	as long as short
Reya LINKRUSDPERPshort	+0.0386%	1h	12.971	−0.009%	$4K	—	20x
dYdX LINK-USD	+0.0388%	1h	12.973	+0.011%	$344K	$30K	10x	as long as short
Kraken Futures PF_LINKUSD	+0.0556%	1h	12.961	−0.086%	$6.8M	$8.0M	50x	as long as short
Phemex LINKUSDT	+0.0618%	8h	12.976	+0.031%	$20.0M	$11.6M	50x	as long as short
Hyperliquid LINK	+0.0663%	1h	12.981	+0.069%	$81.1M	$26.9M	10x	as long as short