LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: Aevo against Pacifica−0.117%7-day average −0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$91as in the Funding arb table

Net, price: spread back to 7d avg − costs−$112as in the Price arb table

costs, in and out, $10k−$1001.001% of the position

Long on Pacifica Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days+0.089%+$9 on $10k

Price spread, last 3 days (all we have)+0.203%+$20 · spread now −0.117%, 7d avg −0.002%

Together, before fees+0.293%+ Points / potential airdropPacifica: Active · farm board+$29 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 0.115% cheaper against Pacifica than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica LINK	13.178	0.0100	pay 0.0013% / 1h	1m 01s	$276K	$154K	10x
Short	Aevo LINK-PERP	13.163	0.0104	get 0.0013% / 1h	1m 01s	$552K	$2K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Pacifica. 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 PacificabpFee AevobpOrdersPrice spread, now −0.117%Rate

Funding earned: $0.84
Price spread: −0.117% → −0.002%: −$11.49
Slippage, 4 orders: −$76.1
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$110.75
Costs to cover: 1.001%
Break-even: 929.9 days

Slippage from Pacifica: live order book, 27 min ago; Aevo: live order book, 28 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 Pacifica live order book, 27 min ago	4.16 bp	11.0 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Aevo live order book, 28 min ago	26.09 bp	39.7 bp −$40	224.8 bp −$2,248	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 +0.0165%	1h	13.159	−0.149%	$1.7M	—	200x	as long as short
Phoenix LINK	−0.0012%	1h	13.185	+0.047%	$3K	$79K	10x	as long as short
dYdX LINK-USD	0.0000%	1h	13.182	+0.025%	$349K	$60K	10x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.178	0.000%	$459K	$2.3M	3.7x	as long as short
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	13.161	−0.130%	$701K	$108K	50x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0003% / S −0.0002%	1h	13.160	−0.141%	$84K	—	150x	as long as short
Variational Omni LINK	+0.0018%	8h	13.186	+0.056%	$3.3M	$1.6M	—	as long as short
Kraken Futures PF_LINKUSD	+0.0025%	1h	13.168	−0.075%	$6.9M	$7.7M	50x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−5.907%	$4K	$48K	12x	as long as short
Coinbase International LINK-PERP-INTX	+0.0056%	1h	13.178	−0.003%	$995K	$2.7M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_LINK_USDC	+0.0059%	8h	13.154	−0.185%	$135K	$1.6M	20x	as long as short
Lighter LINK	+0.0096%	1h	13.158	−0.153%	$2.1M	$2.4M	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	13.176	−0.015%	$32K	$3K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	13.164	−0.105%	$399K	$324K	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	13.163	−0.115%	$1.6M	$2.7M	50x	as long as short
Pacifica LINKlong	+0.0100%	1h	13.178	long leg	$276K	$154K	10x
Binance LINKUSDT	+0.0100%	8h	13.153	−0.193%	$121.6M	$301.8M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.152	−0.200%	$85.3M	$68.6M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.154	−0.185%	$27.8M	$85.9M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.187	+0.065%	$199K	$155K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.157	−0.162%	$131.3M	$12.8M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.153	−0.193%	$35.7M	$56.9M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.159	−0.147%	$21.7M	$16.1M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.153	−0.193%	$54.6M	$30.1M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	13.153	−0.193%	—	$6.6M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.157	−0.164%	$44K	$309K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.155	−0.178%	$592K	$2.9M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.159	−0.147%	$153K	$660K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.165	−0.102%	$80K	$62K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.156	−0.173%	$22K	$13K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.175	−0.028%	$34K	$1.6M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.156	−0.170%	$5K	$40K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.156	−0.166%	$644K	$905K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.152	−0.199%	$668K	$1.9M	25x	as long as short
Aevo LINK-PERPshort	+0.0104%	1h	13.163	−0.117%	$552K	$2K	3x
Backpack LINK_USDC_PERP	+0.0119%	1h	13.164	−0.109%	$364K	$376K	15x	as long as short
Hyperliquid LINK	+0.0134%	1h	13.169	−0.071%	$78.8M	$23.2M	10x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.159	−0.147%	$5.3M	$16.7M	75x	as long as short
Reya LINKRUSDPERP	+0.0372%	1h	13.161	−0.134%	$5K	—	20x	as long as short
Phemex LINKUSDT	+0.0485%	8h	13.174	−0.033%	$20.3M	$11.5M	50x	as long as short