LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0068%/8h= −7.5% APRnext payment −$0.68 per $10,000 · paid last 24h −0.013%

Price spread now: Variational Omni against Paradex+0.254%7-day average — · you sell dearer than you buy

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

Long on Paradex Short on Variational Omni

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 airdropParadex: Active · Variational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. Variational Omni is 0.254% dearer against Paradex than usual: you sell high and buy low (spread +0.254% now, against zero (this spread has no 7-day history yet)): +$25 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 12 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex LINK-USD-PERP	13.076	0.0100	pay 0.0100% / 8h	2h 54m	$31K	$3K	20x
Short	Variational Omni LINK	13.109	0.0031	get 0.0031% / 8h	2h 54m	$3.3M	$1.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Position, each leg$Hold fordaysFee ParadexbpFee Variational OmnibpOrdersPrice spread, now +0.254%Rate

Funding earned: −$14.36
Price spread: +0.254% → 0.000%: $25.4
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $7.04
Costs to cover: 0.040%
Break-even: from the start

Slippage unknown: Paradex: no order-book sample; Variational Omni: RFQ quote, 5 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 Variational Omni RFQ quote, 5 min ago	3.12 bp	doesn't fit	8.0 bp −$80	doesn't fit	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 −0.0091% / S +0.0166%	1h	13.077	+0.009%	$1.7M	—	200x	as long as short
Phoenix LINK	−0.0012%	1h	13.127	+0.392%	$3K	$84K	10x	as long as short
dYdX LINK-USD	0.0000%	1h	13.096	+0.151%	$347K	$60K	10x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.125	+0.370%	$457K	$2.3M	3.7x	as long as short
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	13.078	+0.011%	$696K	$106K	50x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0003% / S −0.0002%	1h	13.078	+0.012%	$83K	—	150x	as long as short
Variational Omni LINKshort	+0.0031%	8h	13.109	+0.254%	$3.3M	$1.6M	—
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−5.171%	$4K	$48K	12x	as long as short
Orderly PERP_LINK_USDC	+0.0057%	8h	13.069	−0.055%	$134K	$1.6M	20x	as long as short
Lighter LINK	+0.0096%	1h	13.104	+0.213%	$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-PERPlong	+0.0100%	8h	13.076	long leg	$31K	$3K	20x
Nado LINK-PERP	+0.0100%	1h	13.069	−0.059%	$396K	$314K	10x	as long as short
Hyperliquid LINK	+0.0100%	1h	13.078	+0.014%	$77.9M	$23.0M	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	13.078	+0.017%	$1.6M	$2.7M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.096	+0.153%	$274K	$155K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.077	+0.006%	$121.0M	$300.3M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.073	−0.025%	$84.3M	$69.0M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.075	−0.009%	$27.7M	$84.8M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.100	+0.182%	$184K	$170K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.069	−0.055%	$130.4M	$12.4M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.068	−0.063%	$35.5M	$55.7M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.068	−0.063%	$21.7M	$15.9M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.075	−0.009%	$54.1M	$30.0M	75x	as long as short
BingX LINK-USDT	+0.0100%	8h	13.074	−0.017%	—	$21.8M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	13.145	+0.526%	$364K	$370K	15x	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.105	+0.223%	$43K	$306K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.113	+0.283%	$590K	$2.9M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.109	+0.251%	$153K	$660K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.069	−0.055%	$79K	$62K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.072	−0.032%	$22K	$16K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.090	+0.107%	$34K	$1.6M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.075	−0.009%	$5K	$40K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.060	−0.124%	$639K	$905K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.072	−0.031%	$665K	$1.9M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	13.079	+0.024%	$548K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0104%	1h	13.074	−0.017%	$989K	$2.7M	50x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.132	+0.427%	$5.3M	$16.6M	75x	as long as short
Reya LINKRUSDPERP	+0.0372%	1h	13.067	−0.072%	$5K	—	20x	as long as short
Kraken Futures PF_LINKUSD	+0.0507%	1h	13.085	+0.065%	$6.9M	$7.7M	50x	as long as short
Phemex LINKUSDT	+0.0515%	8h	13.092	+0.121%	$20.2M	$11.5M	50x	as long as short