LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0557%/8h= −61.0% APRnext payment −$0.70 per $10,000 · paid last 24h −0.144%

Price spread now: GMX against Reya−0.002%7-day average — · you buy dearer than you sell

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

Long on Reya Short on GMX

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: −$17 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	12.982	0.0391	pay 0.0049% / 1h	58m 37s	$4K	—	20x
Short	GMX LINK/USD [LINK-USDC]	12.982	L −0.0089% / S +0.0166%	pay 0.0021% / 1h	58m 37s	$1.8M	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now −0.002%Rate

Funding earned: −$116.92
Price spread: −0.002% → 0.000%: −$0.18
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee GMX: 6 bp × 2 orders: −$12
Net: −$135.1
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; GMX: no order-book sample. 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 GMX no order-book sample	—	—	—	—	—

Reya and GMX: 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]short	L −0.0089% / S +0.0166%	1h	12.982	−0.002%	$1.8M	—	200x
dYdX LINK-USD	0.0000%	1h	12.975	−0.059%	$344K	$30K	10x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	12.999	+0.130%	$503K	$2.3M	3.7x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0006%	1h	12.982	−0.001%	$185K	—	150x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−4.487%	$4K	$48K	12x	as long as short
Orderly PERP_LINK_USDC	+0.0054%	8h	12.980	−0.019%	$117K	$1.2M	20x	as long as short
Lighter LINK	+0.0096%	1h	12.982	−0.004%	$1.9M	$2.8M	10x	as long as short
Deribit LINK_USDC-PERPETUAL	+0.0097%	1h	12.985	+0.023%	$781K	$202K	50x	as long as short
Phoenix LINK	+0.0099%	1h	12.977	−0.043%	$3K	$81K	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	12.982	0.000%	$31K	$2K	20x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado LINK-PERP	+0.0100%	1h	12.995	+0.093%	$392K	$311K	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	12.983	+0.001%	$1.2M	$2.4M	50x	as long as short
Pacifica LINK	+0.0100%	1h	12.984	+0.012%	$275K	$179K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	12.980	−0.018%	$120.3M	$297.8M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	12.975	−0.058%	$83.8M	$72.2M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	12.976	−0.050%	$27.4M	$81.2M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	12.997	+0.112%	$181K	$166K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	12.982	−0.004%	$128.6M	$12.7M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	12.982	−0.004%	$32.8M	$56.2M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	12.986	+0.027%	$22.8M	$13.5M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	12.978	−0.034%	$54.0M	$29.5M	75x	as long as short
BingX LINK-USDT	+0.0100%	8h	12.981	−0.011%	—	$22.5M	—	as long as short
Variational Omni LINK	+0.0100%	8h	12.990	+0.060%	$3.3M	$1.7M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	12.991	+0.065%	$43K	$308K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	12.971	−0.089%	$592K	$2.7M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	12.975	−0.058%	$133K	$674K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	12.994	+0.089%	$81K	$70K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	12.979	−0.025%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.011	+0.220%	$34K	$1.5M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	12.980	−0.019%	$11K	$63K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	12.976	−0.047%	$637K	$694K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	12.976	−0.047%	$631K	$2.0M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	12.982	−0.004%	$544K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0104%	1h	12.998	+0.120%	$943K	$2.7M	50x	as long as short
Backpack LINK_USDC_PERP	+0.0169%	1h	12.982	−0.004%	$339K	$386K	15x	as long as short
BloFin LINK-USDT	+0.0220%	8h	12.980	−0.019%	$5.2M	$15.7M	75x	as long as short
Kraken Futures PF_LINKUSD	+0.0244%	1h	12.983	+0.001%	$6.7M	$8.1M	50x	as long as short
Hyperliquid LINK	+0.0273%	1h	12.996	+0.101%	$81.4M	$27.4M	10x	as long as short
Reya LINKRUSDPERPlong	+0.0391%	1h	12.982	long leg	$4K	—	20x
Phemex LINKUSDT	+0.0528%	8h	12.994	+0.089%	$20.1M	$11.3M	50x	as long as short