Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG14.158+0.0096pay 0.0012% / 1h39m 31s$217K$484K50xLong Popdex
SHORT14.206+0.0030get 0.0030% / 8h39m 31s$638K$2.7M10xShort GRVT
Price gap+0.340%
Funding gap−0.0066% /8h

The gap pays +$34 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 17 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$17−0.0066% /8h now · paid −0.174% over the last 6 days (all we have)
Price+$34spread +0.340% now, avg −0.001% → +0.341% if it goes back
Costs−$340.339% of $10k · taker + slippage, in and out
Result−$17−0.17%+ Points / potential airdropGRVT: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · loading 5m…
PRICE SPREAD · 7D
Now+0.340%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

LINK on 41 exchanges

lowest funding first

Before you open

4 ok · 2 to watch
  • OK: Fits both order books9.6 / 8.3 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$200 + $1,000
    Popdex 50x, GRVT 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 8h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$1.98Long Popdex: 24 payments, −$2.88; short GRVT: 3 payments, +$0.90.
  • OK: Entry gap works for you+0.340% vs −0.001%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$217K vs $638K OI
    Popdex sets your exit cost. Check its book before closing.
  • OK: Points on a legGRVT points
    Volume here counts toward the points program.
  • OK: No KYC on either legPopdex No · GRVT No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0092%/8h × 21 periods−$19.40
Price spread+0.340% → −0.001% (7d avg)+$34.08
Slippage, 4 orderslive order books−$18.53
Fee Popdex bp × 2 orders−$6.40
Fee GRVT bp × 2 orders−$9.00
Net · 7 days · $10k−$19.25
Costs to cover0.339%Break-evenfrom the start
Slippage: Popdex: live order book, 18 min ago; GRVT: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGPopdex1.769.6 bp−$1074.9 bp−$749doesn’t fitdoesn’t fit
SELL · SHORTGRVT1.068.3 bp−$814.4 bp−$144doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

LINK news

posts that mention LINK, from every exchangeSearch all news →
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