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
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex LINK-USD-PERP | 12.883 | 0.0100 | pay 0.0100% / 8h | 4h 48m | $31K | $2K | 20x |
| Short | BloFin LINK-USDT | 12.886 | 0.0220 | get 0.0220% / 8h | 4h 48m | $5.2M | $15.6M | 75x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Paradex no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 6 min ago | 0.77 bp | 6.8 bp −$7 | 10.7 bp −$107 | 27.4 bp −$2,741 | doesn'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.| 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 | 12.880 | −0.025% | $1.8M | — | 200x | as long as short |
| Kalshi KXLINKPERP | 0.0000% | 8h | 12.890 | +0.057% | $489K | $2.2M | 3.7x | as long as short |
| Deribit LINK_USDC-PERPETUAL | 0.0000% | 1h | 12.881 | −0.014% | $769K | $189K | 50x | as long as short |
| gTrade (Gains Network) LINK/USD | L +0.0004% / S −0.0009% | 1h | 12.881 | −0.019% | $158K | — | 150x | as long as short |
| Injective LINK/USDC PERP | +0.0033% | 1h | 12.400 | −3.750% | $4K | $48K | 12x | as long as short |
| Orderly PERP_LINK_USDC | +0.0060% | 8h | 12.875 | −0.063% | $116K | $1.3M | 20x | as long as short |
| Lighter LINK | +0.0096% | 1h | 12.873 | −0.075% | $1.9M | $2.8M | 10x | as long as short |
| Coinbase International LINK-PERP-INTX | +0.0096% | 1h | 12.878 | −0.039% | $938K | $2.7M | 50x | as long as short |
| Phoenix LINK | +0.0099% | 1h | 12.925 | +0.325% | $3K | $84K | 10x | as long as short |
| Paradex LINK-USD-PERPlong | +0.0100% | 8h | 12.883 | long leg | $31K | $2K | 20x |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado LINK-PERP | +0.0100% | 1h | 12.891 | +0.061% | $390K | $310K | 10x | as long as short |
| Aster LINKUSDT | +0.0100% | 8h | 12.891 | +0.065% | $1.3M | $2.3M | 50x | as long as short |
| Pacifica LINK | +0.0100% | 1h | 12.882 | −0.005% | $273K | $176K | 10x | as long as short |
| Binance LINKUSDT | +0.0100% | 8h | 12.881 | −0.015% | $119.1M | $297.0M | 75x | as long as short |
| Bybit LINKUSDT | +0.0100% | 8h | 12.879 | −0.032% | $83.2M | $71.8M | 75x | as long as short |
| OKX LINK-USDT-SWAP | +0.0100% | 8h | 12.878 | −0.039% | $27.2M | $81.2M | 50x | as long as short |
| Arcus LINK-USD | +0.0100% | 1h | 12.907 | +0.186% | $181K | $165K | 10x | as long as short |
| Gate LINK_USDT | +0.0100% | 8h | 12.881 | −0.016% | $127.3M | $12.8M | 75x | as long as short |
| MEXC LINK_USDT | +0.0100% | 8h | 12.885 | +0.015% | $32.1M | $56.0M | 300x | as long as short |
| KuCoin LINKUSDTM | +0.0100% | 8h | 12.889 | +0.046% | $22.7M | $13.4M | 75x | as long as short |
| Bitget LINKUSDT | +0.0100% | 8h | 12.873 | −0.078% | $53.5M | $29.6M | 75x | as long as short |
| BingX LINK-USDT | +0.0100% | 8h | 12.881 | −0.016% | — | $22.4M | — | as long as short |
| Backpack LINK_USDC_PERP | +0.0100% | 1h | 12.891 | +0.061% | $338K | $388K | 15x | as long as short |
| Variational Omni LINK | +0.0100% | 8h | 12.903 | +0.156% | $3.4M | $1.7M | — | as long as short |
| edgeX LINKUSDC | +0.0100% | 4h | 12.943 | +0.469% | $43K | $306K | 20x | as long as short |
| GRVT LINK_USDT_Perp | +0.0100% | 8h | 12.939 | +0.430% | $583K | $2.7M | 10x | as long as short |
| ApeX Omni LINKUSDT | +0.0100% | 1h | 12.914 | +0.240% | $132K | $673K | 50x | as long as short |
| Polymarket Perps LINK-USD | +0.0100% | 1h | 12.889 | +0.046% | $80K | $70K | 10x | as long as short |
| Derive LINK-PERP | +0.0100% | 1h | 12.877 | −0.044% | $16K | $22K | 10x | as long as short |
| SunX LINK-USDT | +0.0100% | 8h | 12.896 | +0.102% | $33K | $1.5M | 30x | as long as short |
| SoDEX LINK-USD | +0.0100% | 1h | 12.873 | −0.078% | $11K | $63K | 10x | as long as short |
| HTX LINK-USDT | +0.0100% | 8h | 12.871 | −0.092% | $630K | $703K | 75x | as long as short |
| Extended LINK-USD | +0.0104% | 1h | 12.875 | −0.062% | $637K | $2.0M | 25x | as long as short |
| Aevo LINK-PERP | +0.0104% | 1h | 12.886 | +0.020% | $540K | $2K | 3x | as long as short |
| BloFin LINK-USDTshort | +0.0220% | 8h | 12.886 | +0.023% | $5.2M | $15.6M | 75x | |
| Hyperliquid LINK | +0.0378% | 1h | 12.898 | +0.116% | $80.8M | $27.4M | 10x | as long as short |
| Reya LINKRUSDPERP | +0.0389% | 1h | 12.880 | −0.025% | $4K | — | 20x | as long as short |
| Kraken Futures PF_LINKUSD | +0.0397% | 1h | 12.874 | −0.069% | $6.7M | $8.1M | 50x | as long as short |
| Phemex LINKUSDT | +0.0609% | 8h | 12.890 | +0.054% | $19.9M | $11.4M | 50x | as long as short |
| dYdX LINK-USD | +0.0717% | 1h | 12.885 | +0.017% | $341K | $30K | 10x | as long as short |
Paradex LINK-USD-PERP
BloFin LINK-USDT
GMX LINK/USD [LINK-USDC]
Kalshi KXLINKPERP
Deribit LINK_USDC-PERPETUAL
gTrade (Gains Network) LINK/USD
Injective LINK/USDC PERP
Lighter LINK
Coinbase International LINK-PERP-INTX
Phoenix LINK
Aster LINKUSDT
Pacifica LINK
Binance LINKUSDT
Bybit LINKUSDT
OKX LINK-USDT-SWAP
Gate LINK_USDT
MEXC LINK_USDT
KuCoin LINKUSDTM
Bitget LINKUSDT
BingX LINK-USDT
Backpack LINK_USDC_PERP
Variational Omni LINK
edgeX LINKUSDC
GRVT LINK_USDT_Perp
ApeX Omni LINKUSDT
Polymarket Perps LINK-USD
Derive LINK-PERP
SunX LINK-USDT
SoDEX LINK-USD
HTX LINK-USDT
Extended LINK-USD
Hyperliquid LINK
Kraken Futures PF_LINKUSD
Phemex LINKUSDT