LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.030%

Price spread now: Deribit against Polymarket Perps+0.012%7-day average — · you sell dearer than you buy

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

Long on Polymarket Perps Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.134%+$13 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.134%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps LINK-USD	13.157	0.0100	pay 0.0013% / 1h	23m 01s	$81K	$68K	10x
Short	Deribit LINK_USDC-PERPETUAL	13.159	0	get 0.0000% / 1h	23m 01s	$719K	$125K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Polymarket Perps. 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 Polymarket PerpsbpFee DeribitbpOrdersPrice spread, now +0.012%Rate

Funding earned: −$21
Price spread: +0.012% → 0.000%: $1.22
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$34.78
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: no order-book sample; Deribit: live order book, 61 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 Polymarket Perps no order-book sample	—	—	—	—	—
Sell Deribit live order book, 61 min ago	2.66 bp	11.5 bp −$11	15.6 bp −$156	doesn't fit	doesn't fit

Polymarket Perps: 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	13.155	−0.017%	$1.8M	—	200x	as long as short
dYdX LINK-USD	0.0000%	1h	13.142	−0.111%	$348K	$48K	10x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.152	−0.036%	$460K	$2.3M	3.7x	as long as short
Deribit LINK_USDC-PERPETUALshort	0.0000%	1h	13.159	+0.012%	$719K	$125K	50x
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0006%	1h	13.155	−0.015%	$133K	—	150x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−5.754%	$4K	$48K	12x	as long as short
Phoenix LINK	+0.0037%	1h	13.138	−0.142%	$3K	$81K	10x	as long as short
Orderly PERP_LINK_USDC	+0.0041%	8h	13.150	−0.053%	$133K	$1.5M	20x	as long as short
Lighter LINK	+0.0096%	1h	13.156	−0.004%	$2.1M	$2.4M	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	13.135	−0.167%	$32K	$3K	20x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado LINK-PERP	+0.0100%	1h	13.150	−0.053%	$402K	$314K	10x	as long as short
Hyperliquid LINK	+0.0100%	1h	13.169	+0.091%	$77.6M	$24.0M	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	13.164	+0.056%	$1.4M	$2.9M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.142	−0.116%	$275K	$148K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.163	+0.047%	$122.2M	$303.1M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.164	+0.053%	$85.0M	$70.4M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.162	+0.038%	$27.7M	$86.0M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.160	+0.023%	$185K	$172K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.163	+0.046%	$130.5M	$12.7M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.164	+0.053%	$36.5M	$56.5M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.167	+0.076%	$22.5M	$15.7M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.159	+0.015%	$54.8M	$30.6M	75x	as long as short
BingX LINK-USDT	+0.0100%	8h	13.162	+0.038%	—	$21.5M	—	as long as short
Variational Omni LINK	+0.0100%	8h	13.119	−0.290%	$3.3M	$1.5M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.123	−0.258%	$44K	$308K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.134	−0.173%	$593K	$2.7M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.133	−0.182%	$153K	$670K	50x	as long as short
Polymarket Perps LINK-USDlong	+0.0100%	1h	13.157	long leg	$81K	$68K	10x
Derive LINK-PERP	+0.0100%	1h	13.150	−0.056%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.166	+0.070%	$34K	$1.6M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.153	−0.030%	$5K	$38K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.121	−0.271%	$645K	$894K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.158	+0.008%	$675K	$1.8M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	13.157	−0.002%	$552K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0120%	1h	13.146	−0.084%	$991K	$2.8M	50x	as long as short
Backpack LINK_USDC_PERP	+0.0204%	1h	13.166	+0.068%	$365K	$375K	15x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.150	−0.053%	$5.2M	$17.0M	75x	as long as short
Reya LINKRUSDPERP	+0.0376%	1h	13.148	−0.065%	$5K	—	20x	as long as short
Phemex LINKUSDT	+0.0474%	8h	13.168	+0.084%	$20.4M	$11.5M	50x	as long as short
Kraken Futures PF_LINKUSD	+0.0695%	1h	13.158	+0.005%	$7.0M	$8.1M	50x	as long as short