LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0377%/8h= −41.3% APRnext payment −$0.47 per $10,000 · paid last 24h −0.104%

Price spread now: gTrade (Gains Network) against Reya+0.008%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 gTrade (Gains Network)

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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$11 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya LINKRUSDPERP	13.007	0.0387	pay 0.0048% / 1h	33m 51s	$4K	—	20x
Short	gTrade (Gains Network) LINK/USD	13.008	L +0.0004% / S −0.0009%	get 0.0001% / 1h	33m 51s	$159K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +0.008%Rate

Funding earned: −$79.23
Price spread: +0.008% → 0.000%: $0.84
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$94.4
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 25 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 gTrade (Gains Network) virtual book (oracle venue), 25 min ago	130.06 bp	142.5 bp −$143	1049.2 bp −$10.5K	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 −0.0090% / S +0.0167%	1h	13.009	+0.016%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.011	+0.027%	$482K	$2.2M	3.7x	as long as short
gTrade (Gains Network) LINK/USDshort	L +0.0004% / S −0.0009%	1h	13.008	+0.008%	$159K	—	150x
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−4.669%	$4K	$48K	12x	as long as short
Coinbase International LINK-PERP-INTX	+0.0064%	1h	13.007	−0.002%	$938K	$2.7M	50x	as long as short
Orderly PERP_LINK_USDC	+0.0065%	8h	13.008	+0.005%	$117K	$1.5M	20x	as long as short
Lighter LINK	+0.0096%	1h	13.012	+0.037%	$1.9M	$2.8M	10x	as long as short
Phoenix LINK	+0.0098%	1h	12.974	−0.258%	$3K	$84K	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	13.000	−0.060%	$31K	$2K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	12.999	−0.064%	$395K	$315K	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	13.019	+0.088%	$1.3M	$2.3M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.001	−0.046%	$274K	$170K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.012	+0.033%	$120.0M	$295.9M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.009	+0.013%	$84.1M	$71.2M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.011	+0.028%	$27.4M	$82.2M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.017	+0.074%	$182K	$165K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.016	+0.067%	$128.6M	$12.7M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.013	+0.044%	$32.1M	$56.9M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.019	+0.090%	$23.1M	$13.6M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.013	+0.044%	$54.1M	$30.0M	75x	as long as short
BingX LINK-USDT	+0.0100%	8h	13.010	+0.021%	—	$22.6M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	13.020	+0.098%	$344K	$380K	15x	as long as short
Variational Omni LINK	+0.0100%	8h	12.994	−0.103%	$3.4M	$1.6M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	12.965	−0.324%	$43K	$306K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	12.978	−0.222%	$592K	$2.7M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	12.976	−0.241%	$133K	$672K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.014	+0.051%	$81K	$70K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.009	+0.014%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.024	+0.127%	$34K	$1.5M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.011	+0.028%	$23K	$53K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	12.992	−0.116%	$641K	$688K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.008	+0.002%	$664K	$2.0M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	13.012	+0.035%	$546K	$2K	3x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.010	+0.021%	$5.3M	$15.8M	75x	as long as short
Deribit LINK_USDC-PERPETUAL	+0.0265%	1h	13.016	+0.067%	$773K	$183K	50x	as long as short
dYdX LINK-USD	+0.0357%	1h	12.998	−0.070%	$344K	$30K	10x	as long as short
Reya LINKRUSDPERPlong	+0.0387%	1h	13.007	long leg	$4K	—	20x
Kraken Futures PF_LINKUSD	+0.0554%	1h	13.014	+0.054%	$6.8M	$8.0M	50x	as long as short
Phemex LINKUSDT	+0.0611%	8h	13.025	+0.136%	$20.1M	$11.6M	50x	as long as short
Hyperliquid LINK	+0.0644%	1h	13.033	+0.198%	$81.6M	$27.0M	10x	as long as short