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
LONG14.341+0.0096pay 0.0012% / 1h56m 58s$226K$494K50xLong Popdex
SHORT14.345+0.0056get 0.0056% / 8h1h 56m$3.1M$887K50xShort Variational Omni+15% pts
Price gap+0.029%45s
Funding gap−0.0040% /8h

The gap pays +$5 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 4.5 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$10−0.0040% /8h now · paid −0.098% over the last 7D
Price—spread +0.029%45s now · prices read too far apart to compare
Costs−$300.300% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropVariational Omni: points · farm boardneeds both prices read together

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.029%
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

3 ok · 3 to watch
  • OK: Fits both order books8.4 / 7.5 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$200 + $200
    Popdex 50x, Variational Omni 50x. 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: −$1.20Long Popdex: 24 payments, −$2.88; short Variational Omni: 3 payments, +$1.68.
  • Watch: Prices read 45 s apart+0.029% vs −0.025%
    Part of this gap may be the market moving.
  • Watch: Long leg is thinner$226K vs $3.1M OI
    Popdex sets your exit cost. Check its book before closing.
  • OK: Points on a legVariational Omni points
    Volume here counts toward the points program.
  • OK: No KYC on either legPopdex No · Variational Omni 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−0.0050%/8h × 21 periods−$10.51
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$23.64
Fee Popdex bp × 2 orders−$6.40
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$40.55
price spread not counted: prices read too far apart
Costs to cover0.300%Break-evennever at this rate
Slippage: Popdex: live order book, 43 min ago; Variational Omni: RFQ quote, 4 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGPopdex1.398.4 bp−$846.3 bp−$463doesn’t fitdoesn’t fit
SELL · SHORTVariational Omni3.077.5 bp−$812.0 bp−$120doesn’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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