LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0287%/8h= −31.4% APRnext payment −$0.36 per $10,000 · paid last 24h −0.076%

Price spread now: Aevo against Reya+0.032%7-day average — · you sell dearer than you buy

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

Long on Reya Short on Aevo

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 airdropReya: Active · farm boardneeds both histories

The price spread pays, funding is against you. Aevo is 0.032% dearer against Reya than usual: you sell high and buy low (spread +0.032% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 9 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya LINKRUSDPERP	12.990	0.0391	pay 0.0049% / 1h	0m 33s	$4K	—	20x
Short	Aevo LINK-PERP	12.994	0.0104	get 0.0013% / 1h	0m 33s	$545K	$2K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Reya. 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 ReyabpFee AevobpOrdersPrice spread, now +0.032%Rate

Funding earned: −$60.22
Price spread: +0.032% → 0.000%: $3.19
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$79.03
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; Aevo: live order book, 59 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 Reya no order-book sample	—	—	—	—	—
Sell Aevo live order book, 59 min ago	33.99 bp	48.1 bp −$48	doesn't fit	doesn't fit	doesn't fit

Reya: 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 −0.0089% / S +0.0166%	1h	12.989	−0.008%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	12.995	+0.042%	$520K	$2.3M	3.7x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0006%	1h	12.989	−0.004%	$185K	—	150x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−4.542%	$4K	$48K	12x	as long as short
Orderly PERP_LINK_USDC	+0.0054%	8h	12.988	−0.015%	$117K	$1.2M	20x	as long as short
Lighter LINK	+0.0096%	1h	12.993	+0.025%	$1.9M	$2.8M	10x	as long as short
Coinbase International LINK-PERP-INTX	+0.0096%	1h	12.992	+0.016%	$943K	$2.7M	50x	as long as short
Phoenix LINK	+0.0099%	1h	12.977	−0.101%	$3K	$84K	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	12.992	+0.013%	$31K	$2K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	12.989	−0.004%	$393K	$310K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LINKUSDT	+0.0100%	8h	12.995	+0.036%	$1.3M	$2.4M	50x	as long as short
Pacifica LINK	+0.0100%	1h	12.994	+0.030%	$275K	$178K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	12.992	+0.016%	$120.4M	$297.7M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	12.987	−0.023%	$83.8M	$72.2M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	12.992	+0.016%	$27.5M	$81.2M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.007	+0.131%	$181K	$166K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	12.992	+0.016%	$128.7M	$13.0M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	12.991	+0.008%	$32.9M	$57.2M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	12.995	+0.039%	$22.8M	$13.5M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	12.992	+0.016%	$54.0M	$29.5M	75x	as long as short
BingX LINK-USDT	+0.0100%	8h	12.990	0.000%	—	$22.5M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	13.000	+0.077%	$340K	$387K	15x	as long as short
Variational Omni LINK	+0.0100%	8h	12.990	+0.002%	$3.3M	$1.7M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	12.967	−0.175%	$43K	$307K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	12.971	−0.146%	$592K	$2.7M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	12.975	−0.115%	$133K	$674K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.001	+0.085%	$81K	$70K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	12.988	−0.019%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.006	+0.123%	$34K	$1.5M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	12.991	+0.008%	$11K	$63K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	12.979	−0.081%	$637K	$694K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	12.985	−0.035%	$631K	$2.0M	25x	as long as short
Aevo LINK-PERPshort	+0.0104%	1h	12.994	+0.032%	$545K	$2K	3x
BloFin LINK-USDT	+0.0220%	8h	12.991	+0.008%	$5.3M	$15.8M	75x	as long as short
Deribit LINK_USDC-PERPETUAL	+0.0250%	1h	12.996	+0.049%	$781K	$202K	50x	as long as short
Reya LINKRUSDPERPlong	+0.0391%	1h	12.990	long leg	$4K	—	20x
Hyperliquid LINK	+0.0391%	1h	13.006	+0.123%	$81.4M	$27.4M	10x	as long as short
Kraken Futures PF_LINKUSD	+0.0393%	1h	12.996	+0.043%	$6.7M	$8.1M	50x	as long as short
dYdX LINK-USD	+0.0447%	1h	12.990	−0.003%	$344K	$30K	10x	as long as short
Phemex LINKUSDT	+0.0529%	8h	13.010	+0.154%	$20.1M	$11.3M	50x	as long as short