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

LINK

all LINK markets
SwapBacktest
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 +0.038%
Price spread now: BloFin against Paradex+0.023%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.023% dearer against Paradex than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex LINK-USD-PERP12.8830.0100pay 0.0100% / 8h4h 48m$31K$2K20x
ShortBloFin LINK-USDT12.8860.0220get 0.0220% / 8h4h 48m$5.2M$15.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Paradex. 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
$25.21
Price spread: +0.023% → 0.000%
$2.26
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
$11.48
Costs to cover
0.160%
Break-even
3.8 days
Slippage unknown: Paradex: no order-book sample; BloFin: live order book, 6 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Paradex no order-book sample
Sell BloFin live order book, 6 min ago0.77 bp6.8 bp −$710.7 bp −$10727.4 bp −$2,741doesn't fit
Paradex: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX LINK/USD [LINK-USDC]L −0.0090% / S +0.0167%1h12.880−0.025%$1.8M200xas long as short
Kalshi KXLINKPERP0.0000%8h12.890+0.057%$489K$2.2M3.7xas long as short
Deribit LINK_USDC-PERPETUAL0.0000%1h12.881−0.014%$769K$189K50xas long as short
gTrade (Gains Network) LINK/USDL +0.0004% / S −0.0009%1h12.881−0.019%$158K150xas long as short
Injective LINK/USDC PERP+0.0033%1h12.400−3.750%$4K$48K12xas long as short
Orderly PERP_LINK_USDC+0.0060%8h12.875−0.063%$116K$1.3M20xas long as short
Lighter LINK+0.0096%1h12.873−0.075%$1.9M$2.8M10xas long as short
Coinbase International LINK-PERP-INTX+0.0096%1h12.878−0.039%$938K$2.7M50xas long as short
Phoenix LINK+0.0099%1h12.925+0.325%$3K$84K10xas long as short
Paradex LINK-USD-PERPlong+0.0100%8h12.883long leg$31K$2K20x
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado LINK-PERP+0.0100%1h12.891+0.061%$390K$310K10xas long as short
Aster LINKUSDT+0.0100%8h12.891+0.065%$1.3M$2.3M50xas long as short
Pacifica LINK+0.0100%1h12.882−0.005%$273K$176K10xas long as short
Binance LINKUSDT+0.0100%8h12.881−0.015%$119.1M$297.0M75xas long as short
Bybit LINKUSDT+0.0100%8h12.879−0.032%$83.2M$71.8M75xas long as short
OKX LINK-USDT-SWAP+0.0100%8h12.878−0.039%$27.2M$81.2M50xas long as short
Arcus LINK-USD+0.0100%1h12.907+0.186%$181K$165K10xas long as short
Gate LINK_USDT+0.0100%8h12.881−0.016%$127.3M$12.8M75xas long as short
MEXC LINK_USDT+0.0100%8h12.885+0.015%$32.1M$56.0M300xas long as short
KuCoin LINKUSDTM+0.0100%8h12.889+0.046%$22.7M$13.4M75xas long as short
Bitget LINKUSDT+0.0100%8h12.873−0.078%$53.5M$29.6M75xas long as short
BingX LINK-USDT+0.0100%8h12.881−0.016%$22.4Mas long as short
Backpack LINK_USDC_PERP+0.0100%1h12.891+0.061%$338K$388K15xas long as short
Variational Omni LINK+0.0100%8h12.903+0.156%$3.4M$1.7Mas long as short
edgeX LINKUSDC+0.0100%4h12.943+0.469%$43K$306K20xas long as short
GRVT LINK_USDT_Perp+0.0100%8h12.939+0.430%$583K$2.7M10xas long as short
ApeX Omni LINKUSDT+0.0100%1h12.914+0.240%$132K$673K50xas long as short
Polymarket Perps LINK-USD+0.0100%1h12.889+0.046%$80K$70K10xas long as short
Derive LINK-PERP+0.0100%1h12.877−0.044%$16K$22K10xas long as short
SunX LINK-USDT+0.0100%8h12.896+0.102%$33K$1.5M30xas long as short
SoDEX LINK-USD+0.0100%1h12.873−0.078%$11K$63K10xas long as short
HTX LINK-USDT+0.0100%8h12.871−0.092%$630K$703K75xas long as short
Extended LINK-USD+0.0104%1h12.875−0.062%$637K$2.0M25xas long as short
Aevo LINK-PERP+0.0104%1h12.886+0.020%$540K$2K3xas long as short
BloFin LINK-USDTshort+0.0220%8h12.886+0.023%$5.2M$15.6M75x
Hyperliquid LINK+0.0378%1h12.898+0.116%$80.8M$27.4M10xas long as short
Reya LINKRUSDPERP+0.0389%1h12.880−0.025%$4K20xas long as short
Kraken Futures PF_LINKUSD+0.0397%1h12.874−0.069%$6.7M$8.1M50xas long as short
Phemex LINKUSDT+0.0609%8h12.890+0.054%$19.9M$11.4M50xas long as short
dYdX LINK-USD+0.0717%1h12.885+0.017%$341K$30K10xas long as short