LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0272%/8h= +29.8% APRnext payment +$0.34 per $10,000 · paid last 24h +0.071%

Price spread now: Reya against Pacifica+0.139%7-day average — · you sell dearer than you buy

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

Long on Pacifica 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 airdropPacifica: Active · Reya: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Reya is 0.139% dearer against Pacifica than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica LINK	13.110	0.0100	pay 0.0013% / 1h	55m 21s	$275K	$155K	10x
Short	Reya LINKRUSDPERP	13.128	0.0372	get 0.0046% / 1h	55m 21s	$5K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now +0.139%Rate

Funding earned: $57.09
Price spread: +0.139% → 0.000%: $13.93
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Reya: 3 bp × 2 orders: −$6
Net: $57.01
Costs to cover: 0.140%
Break-even: 0.0 days

Slippage unknown: Pacifica: live order book, 32 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 Pacifica live order book, 32 min ago	4.16 bp	11.0 bp −$11	doesn't fit	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 −0.0091% / S +0.0166%	1h	13.133	+0.175%	$1.7M	—	200x	as long as short
Phoenix LINK	−0.0012%	1h	13.127	+0.137%	$3K	$84K	10x	as long as short
dYdX LINK-USD	0.0000%	1h	13.103	−0.047%	$347K	$60K	10x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.111	+0.009%	$457K	$2.3M	3.7x	as long as short
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	13.106	−0.026%	$698K	$106K	50x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0003% / S −0.0002%	1h	13.133	+0.175%	$83K	—	150x	as long as short
Variational Omni LINK	+0.0031%	8h	13.109	−0.001%	$3.3M	$1.6M	—	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−5.413%	$4K	$48K	12x	as long as short
Orderly PERP_LINK_USDC	+0.0057%	8h	13.131	+0.164%	$135K	$1.6M	20x	as long as short
Lighter LINK	+0.0096%	1h	13.112	+0.020%	$2.1M	$2.3M	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex LINK-USD-PERP	+0.0100%	8h	13.107	−0.017%	$32K	$3K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	13.123	+0.106%	$397K	$313K	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	13.114	+0.033%	$1.6M	$2.7M	50x	as long as short
Pacifica LINKlong	+0.0100%	1h	13.110	long leg	$275K	$155K	10x
Binance LINKUSDT	+0.0100%	8h	13.131	+0.164%	$121.4M	$300.0M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.131	+0.164%	$85.0M	$68.4M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.138	+0.217%	$27.7M	$84.9M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.125	+0.118%	$184K	$169K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.122	+0.095%	$130.9M	$12.4M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.130	+0.156%	$35.4M	$55.6M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.130	+0.156%	$21.9M	$15.9M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.128	+0.141%	$54.3M	$29.9M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	13.131	+0.164%	—	$6.6M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	13.113	+0.026%	$363K	$371K	15x	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.105	−0.032%	$43K	$306K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.113	+0.028%	$590K	$2.9M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.109	−0.004%	$153K	$660K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.129	+0.148%	$80K	$62K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.097	−0.093%	$22K	$13K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.109	−0.004%	$34K	$1.6M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.102	−0.058%	$5K	$40K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.079	−0.236%	$640K	$905K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.112	+0.022%	$668K	$1.9M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	13.141	+0.241%	$551K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0104%	1h	13.100	−0.073%	$990K	$2.7M	50x	as long as short
Hyperliquid LINK	+0.0115%	1h	13.140	+0.232%	$78.3M	$23.4M	10x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.110	+0.003%	$5.3M	$16.6M	75x	as long as short
Reya LINKRUSDPERPshort	+0.0372%	1h	13.128	+0.139%	$5K	—	20x
Phemex LINKUSDT	+0.0496%	8h	13.113	+0.026%	$20.2M	$11.5M	50x	as long as short
Kraken Futures PF_LINKUSD	+0.0505%	1h	13.112	+0.021%	$6.9M	$7.7M	50x	as long as short