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+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h +0.002%
Price spread now: MEXC against Paradex−0.477%7-day average · you buy dearer than you sell
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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.477% cheaper against Paradex than usual: you would sell low and buy high, −$48 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex LINK-USD-PERP13.2380.0099pay 0.0099% / 8h7h 12m$32K$2K20x
ShortMEXC LINK_USDT13.1750.0100get 0.0100% / 8h7h 12m$36.8M$59.1M300x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$0.13
Price spread: −0.477% → 0.000%
−$47.74
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee MEXC: 0 bp × 2 orders
$0
Net
−$51.61
Costs to cover
0.040%
Break-even
2846.6 days
Slippage unknown: Paradex: no order-book sample; MEXC: live order book, 2 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 MEXC live order book, 2 min ago0.38 bp0.4 bp $03.4 bp −$3429.4 bp −$2,94048.5 bp −$24.3K
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 −0.0091% / S +0.0167%1h13.174−0.484%$1.8M200xas long as short
Kalshi KXLINKPERP0.0000%8h13.186−0.396%$465K$2.2M3.7xas long as short
gTrade (Gains Network) LINK/USDL +0.0004% / S −0.0007%1h13.175−0.477%$133K150xas long as short
Injective LINK/USDC PERP+0.0033%1h12.400−6.332%$4K$48K12xas long as short
Phoenix LINK+0.0036%1h13.142−0.730%$4K$89K10xas long as short
Deribit LINK_USDC-PERPETUAL+0.0061%1h13.180−0.443%$783K$212K50xas long as short
Orderly PERP_LINK_USDC+0.0069%8h13.173−0.492%$133K$1.5M20xas long as short
Lighter LINK+0.0096%1h13.176−0.471%$2.0M$2.8M10xas long as short
Paradex LINK-USD-PERPlong+0.0099%8h13.238long leg$32K$2K20x
Nado LINK-PERP+0.0100%1h13.171−0.508%$404K$309K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster LINKUSDT+0.0100%8h13.181−0.429%$1.4M$3.0M50xas long as short
Pacifica LINK+0.0100%1h13.185−0.405%$276K$154K10xas long as short
Binance LINKUSDT+0.0100%8h13.173−0.492%$122.3M$299.4M75xas long as short
Bybit LINKUSDT+0.0100%8h13.170−0.515%$84.9M$70.6M75xas long as short
OKX LINK-USDT-SWAP+0.0100%8h13.171−0.508%$27.6M$84.0M50xas long as short
Arcus LINK-USD+0.0100%1h13.198−0.304%$185K$167K10xas long as short
Gate LINK_USDT+0.0100%8h13.174−0.485%$130.4M$12.5M75xas long as short
MEXC LINK_USDTshort+0.0100%8h13.175−0.477%$36.8M$59.1M300x
KuCoin LINKUSDTM+0.0100%8h13.178−0.455%$23.0M$14.5M75xas long as short
Bitget LINKUSDT+0.0100%8h13.172−0.500%$54.6M$30.1M75xas long as short
BingX LINK-USDC+0.0100%8h13.172−0.500%$6.6Mas long as short
Variational Omni LINK+0.0100%8h13.154−0.633%$3.4M$1.5Mas long as short
edgeX LINKUSDC+0.0100%4h13.176−0.473%$44K$311K20xas long as short
GRVT LINK_USDT_Perp+0.0100%8h13.179−0.445%$599K$2.7M10xas long as short
ApeX Omni LINKUSDT+0.0100%1h13.180−0.440%$153K$669K50xas long as short
Polymarket Perps LINK-USD+0.0100%1h13.183−0.417%$82K$69K10xas long as short
Derive LINK-PERP+0.0100%1h13.172−0.498%$16K$22K10xas long as short
SunX LINK-USDT+0.0100%8h13.194−0.333%$34K$1.5M30xas long as short
SoDEX LINK-USD+0.0100%1h13.175−0.477%$14K$32K10xas long as short
HTX LINK-USDT+0.0100%8h13.146−0.695%$648K$867K75xas long as short
Extended LINK-USD+0.0104%1h13.170−0.519%$670K$1.9M25xas long as short
Aevo LINK-PERP+0.0104%1h13.176−0.470%$553K$2K3xas long as short
Coinbase International LINK-PERP-INTX+0.0120%1h13.185−0.402%$1.0M$2.7M50xas long as short
Backpack LINK_USDC_PERP+0.0177%1h13.180−0.440%$365K$362K15xas long as short
BloFin LINK-USDT+0.0220%8h13.184−0.409%$5.2M$15.4M75xas long as short
Kraken Futures PF_LINKUSD+0.0364%1h13.182−0.424%$6.9M$8.0M50xas long as short
Reya LINKRUSDPERP+0.0382%1h13.168−0.533%$5K20xas long as short
dYdX LINK-USD+0.0428%1h13.180−0.443%$349K$48K10xas long as short
Hyperliquid LINK+0.0557%1h13.192−0.351%$81.5M$25.0M10xas long as short
Phemex LINKUSDT+0.0612%8h13.193−0.341%$20.4M$11.5M50xas long as short