Settings8H · net · $10k
Funding arb · Price arb /

LINK

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0273%/8h= −29.9% APRnext payment $0.34 per $10,000 · paid last 24h −0.072%
Price spread now: ApeX Omni against Reya−0.015%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds 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: −$8 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya LINKRUSDPERP13.1320.0373pay 0.0047% / 1h28m 58s$5K20x
ShortApeX Omni LINKUSDT13.1300.0100get 0.0013% / 1h28m 58s$153K$664K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni 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

Funding earned
−$57.34
Price spread: −0.015% → 0.000%
−$1.5
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$74.83
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; ApeX Omni: 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
LegHalf-spread$10k$100k$1M$5M
Buy Reya no order-book sample
Sell ApeX Omni live order book, 59 min ago4.53 bp12.2 bp −$12102.3 bp −$1,023doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX LINK/USD [LINK-USDC]L −0.0092% / S +0.0166%1h13.133+0.008%$1.8M200xas long as short
Kalshi KXLINKPERP0.0000%8h13.137+0.042%$466K$2.3M3.7xas long as short
Deribit LINK_USDC-PERPETUAL0.0000%1h13.137+0.039%$712K$120K50xas long as short
gTrade (Gains Network) LINK/USDL +0.0003% / S −0.0002%1h13.135+0.023%$83K150xas long as short
Phoenix LINK+0.0018%1h13.140+0.061%$3K$84K10xas long as short
dYdX LINK-USD+0.0024%1h13.138+0.043%$348K$60K10xas long as short
Injective LINK/USDC PERP+0.0033%1h12.400−5.574%$4K$48K12xas long as short
Orderly PERP_LINK_USDC+0.0046%8h13.129−0.023%$135K$1.6M20xas long as short
Variational Omni LINK+0.0068%8h13.128−0.031%$3.3M$1.5Mas long as short
Lighter LINK+0.0096%1h13.139+0.053%$2.1M$2.4M10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex LINK-USD-PERP+0.0100%8h13.133+0.008%$32K$3K20xas long as short
Nado LINK-PERP+0.0100%1h13.134+0.015%$399K$318K10xas long as short
Hyperliquid LINK+0.0100%1h13.149+0.130%$77.7M$23.6M10xas long as short
Aster LINKUSDT+0.0100%8h13.140+0.060%$1.6M$2.7M50xas long as short
Pacifica LINK+0.0100%1h13.137+0.038%$275K$150K10xas long as short
Binance LINKUSDT+0.0100%8h13.137+0.038%$121.4M$300.0M75xas long as short
Bybit LINKUSDT+0.0100%8h13.136+0.031%$84.6M$69.1M75xas long as short
OKX LINK-USDT-SWAP+0.0100%8h13.144+0.092%$27.7M$84.9M50xas long as short
Arcus LINK-USD+0.0100%1h13.147+0.114%$184K$172K10xas long as short
Gate LINK_USDT+0.0100%8h13.137+0.038%$130.7M$12.7M75xas long as short
MEXC LINK_USDT+0.0100%8h13.135+0.023%$36.7M$56.4M300xas long as short
KuCoin LINKUSDTM+0.0100%8h13.137+0.038%$21.9M$15.8M75xas long as short
Bitget LINKUSDT+0.0100%8h13.138+0.046%$54.4M$30.1M75xas long as short
BingX LINK-USDC+0.0100%8h13.133+0.008%$6.7Mas long as short
Backpack LINK_USDC_PERP+0.0100%1h13.145+0.099%$364K$371K15xas long as short
edgeX LINKUSDC+0.0100%4h13.125−0.055%$44K$308K20xas long as short
GRVT LINK_USDT_Perp+0.0100%8h13.128−0.031%$593K$2.8M10xas long as short
ApeX Omni LINKUSDTshort+0.0100%1h13.130−0.015%$153K$664K50x
Polymarket Perps LINK-USD+0.0100%1h13.138+0.046%$80K$67K10xas long as short
Derive LINK-PERP+0.0100%1h13.130−0.013%$16K$16K10xas long as short
SunX LINK-USDT+0.0100%8h13.148+0.119%$34K$1.5M30xas long as short
SoDEX LINK-USD+0.0100%1h13.133+0.008%$5K$40K10xas long as short
HTX LINK-USDT+0.0100%8h13.121−0.085%$645K$908K75xas long as short
Extended LINK-USD+0.0104%1h13.135+0.023%$667K$1.9M25xas long as short
Aevo LINK-PERP+0.0104%1h13.136+0.033%$551K$2K3xas long as short
Coinbase International LINK-PERP-INTX+0.0104%1h13.122−0.076%$988K$2.7M50xas long as short
BloFin LINK-USDT+0.0220%8h13.133+0.008%$5.2M$16.8M75xas long as short
Reya LINKRUSDPERPlong+0.0373%1h13.132long leg$5K20x
Phemex LINKUSDT+0.0474%8h13.147+0.114%$20.3M$11.5M50xas long as short
Kraken Futures PF_LINKUSD+0.0504%1h13.145+0.096%$6.9M$7.8M50xas long as short