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

LINK

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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 +0.007%
Price spread now: SunX against Paradex−0.327%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: SunX is 0.327% cheaper against Paradex than usual: you would sell low and buy high, −$33 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-PERP13.0670.0099pay 0.0099% / 8h6h 49m$31K$2K20x
ShortSunX LINK-USDT13.0240.0100get 0.0100% / 8h6h 49m$33K$1.5M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −0.327% → 0.000%
−$32.68
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee SunX: 4 bp × 2 orders
−$8
Net
−$44.55
Costs to cover
0.120%
Break-even
2349.9 days
Slippage unknown: Paradex: no order-book sample; SunX: live order book, 5 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 SunX live order book, 5 min ago500.03 bpdoesn't fitdoesn't fitdoesn't fitdoesn'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%1h13.011−0.429%$1.8M200xas long as short
Kalshi KXLINKPERP0.0000%8h13.009−0.441%$463K$2.3M3.7xas long as short
gTrade (Gains Network) LINK/USDL +0.0004% / S −0.0008%1h13.011−0.426%$150K150xas long as short
Injective LINK/USDC PERP+0.0033%1h12.400−5.104%$4K$48K12xas long as short
dYdX LINK-USD+0.0036%1h13.013−0.415%$345K$48K10xas long as short
Phoenix LINK+0.0049%1h12.998−0.531%$3K$86K10xas long as short
Orderly PERP_LINK_USDC+0.0070%8h13.015−0.397%$123K$1.5M20xas long as short
Coinbase International LINK-PERP-INTX+0.0072%1h13.001−0.504%$955K$2.7M50xas long as short
Lighter LINK+0.0096%1h13.019−0.370%$1.9M$2.7M10xas long as short
Paradex LINK-USD-PERPlong+0.0099%8h13.067long leg$31K$2K20x
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado LINK-PERP+0.0100%1h13.015−0.397%$393K$310K10xas long as short
Aster LINKUSDT+0.0100%8h13.024−0.331%$1.3M$3.0M50xas long as short
Pacifica LINK+0.0100%1h13.018−0.378%$273K$156K10xas long as short
Binance LINKUSDT+0.0100%8h13.027−0.303%$120.5M$302.1M75xas long as short
Bybit LINKUSDT+0.0100%8h13.024−0.328%$83.9M$71.7M75xas long as short
OKX LINK-USDT-SWAP+0.0100%8h13.027−0.305%$27.3M$84.1M50xas long as short
Arcus LINK-USD+0.0100%1h13.029−0.290%$182K$168K10xas long as short
Gate LINK_USDT+0.0100%8h13.024−0.328%$128.9M$12.3M75xas long as short
MEXC LINK_USDT+0.0100%8h13.029−0.290%$36.1M$57.9M300xas long as short
KuCoin LINKUSDTM+0.0100%8h13.028−0.298%$22.6M$14.6M75xas long as short
Bitget LINKUSDT+0.0100%8h13.027−0.305%$53.9M$30.6M75xas long as short
BingX LINK-USDT+0.0100%8h13.028−0.298%$22.7Mas long as short
Backpack LINK_USDC_PERP+0.0100%1h13.033−0.259%$342K$389K15xas long as short
Variational Omni LINK+0.0100%8h12.991−0.577%$3.4M$1.6Mas long as short
edgeX LINKUSDC+0.0100%4h12.980−0.663%$43K$309K20xas long as short
GRVT LINK_USDT_Perp+0.0100%8h12.984−0.638%$584K$2.7M10xas long as short
ApeX Omni LINKUSDT+0.0100%1h12.985−0.627%$134K$681K50xas long as short
Polymarket Perps LINK-USD+0.0100%1h13.021−0.351%$81K$70K10xas long as short
Derive LINK-PERP+0.0100%1h13.017−0.384%$16K$22K10xas long as short
SunX LINK-USDTshort+0.0100%8h13.024−0.327%$33K$1.5M30x
SoDEX LINK-USD+0.0100%1h13.019−0.367%$24K$37K10xas long as short
HTX LINK-USDT+0.0100%8h13.001−0.503%$641K$870K75xas long as short
Extended LINK-USD+0.0104%1h13.024−0.332%$660K$1.9M25xas long as short
Aevo LINK-PERP+0.0104%1h13.020−0.360%$546K$2K3xas long as short
Deribit LINK_USDC-PERPETUAL+0.0180%1h13.024−0.329%$773K$212K50xas long as short
BloFin LINK-USDT+0.0220%8h12.960−0.818%$5.3M$15.8M75xas long as short
Reya LINKRUSDPERP+0.0383%1h13.008−0.452%$4K20xas long as short
Hyperliquid LINK+0.0489%1h13.041−0.198%$80.1M$29.6M10xas long as short
Kraken Futures PF_LINKUSD+0.0501%1h13.025−0.318%$6.8M$8.1M50xas long as short
Phemex LINKUSDT+0.0633%8h13.031−0.275%$20.1M$11.5M50xas long as short