LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0280%/8h= −30.6% APRnext payment −$0.35 per $10,000 · paid last 24h −0.074%

Price spread now: Polymarket Perps against Reya+0.036%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 Polymarket Perps

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. Polymarket Perps is 0.036% dearer against Reya than usual: you sell high and buy low (spread +0.036% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 10 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya LINKRUSDPERP	13.123	0.0380	pay 0.0047% / 1h	3m 35s	$5K	—	20x
Short	Polymarket Perps LINK-USD	13.128	0.0100	get 0.0013% / 1h	3m 35s	$81K	$69K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.036%Rate

Funding earned: −$58.73
Price spread: +0.036% → 0.000%: $3.62
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$69.11
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; Polymarket Perps: 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 Polymarket Perps no order-book sample	—	—	—	—	—

Reya and Polymarket Perps: 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 −0.0091% / S +0.0167%	1h	13.129	+0.041%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.128	+0.039%	$472K	$2.4M	3.7x	as long as short
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	13.134	+0.084%	$727K	$139K	50x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0007%	1h	13.128	+0.036%	$134K	—	150x	as long as short
Phoenix LINK	+0.0012%	1h	13.093	−0.230%	$4K	$84K	10x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−5.511%	$4K	$48K	12x	as long as short
Orderly PERP_LINK_USDC	+0.0043%	8h	13.125	+0.013%	$133K	$1.5M	20x	as long as short
Lighter LINK	+0.0096%	1h	13.137	+0.106%	$2.0M	$2.7M	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	13.136	+0.100%	$32K	$3K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	13.122	−0.006%	$400K	$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	13.139	+0.122%	$1.4M	$3.0M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.140	+0.130%	$276K	$150K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.138	+0.112%	$122.1M	$305.1M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.137	+0.105%	$84.7M	$71.3M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.139	+0.120%	$27.6M	$85.7M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.149	+0.196%	$184K	$172K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.139	+0.120%	$130.3M	$12.9M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.137	+0.105%	$36.3M	$58.5M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.143	+0.150%	$22.8M	$15.2M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.136	+0.097%	$54.7M	$30.6M	75x	as long as short
BingX LINK-USDT	+0.0100%	8h	13.138	+0.112%	—	$21.2M	—	as long as short
Variational Omni LINK	+0.0100%	8h	13.086	−0.286%	$3.3M	$1.6M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.097	−0.198%	$43K	$309K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.107	−0.124%	$593K	$2.7M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.100	−0.177%	$152K	$668K	50x	as long as short
Polymarket Perps LINK-USDshort	+0.0100%	1h	13.128	+0.036%	$81K	$69K	10x
Derive LINK-PERP	+0.0100%	1h	13.128	+0.037%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.136	+0.097%	$34K	$1.6M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.128	+0.036%	$5K	$35K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.104	−0.144%	$645K	$880K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.135	+0.086%	$667K	$1.9M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	13.132	+0.069%	$551K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0160%	1h	13.125	+0.013%	$1.0M	$2.8M	50x	as long as short
Backpack LINK_USDC_PERP	+0.0212%	1h	13.146	+0.173%	$363K	$376K	15x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.096	−0.208%	$5.2M	$16.2M	75x	as long as short
Hyperliquid LINK	+0.0289%	1h	13.152	+0.219%	$78.0M	$24.0M	10x	as long as short
Reya LINKRUSDPERPlong	+0.0380%	1h	13.123	long leg	$5K	—	20x
Kraken Futures PF_LINKUSD	+0.0478%	1h	13.138	+0.113%	$6.9M	$8.3M	50x	as long as short
Phemex LINKUSDT	+0.0483%	8h	13.147	+0.181%	$20.3M	$11.6M	50x	as long as short
dYdX LINK-USD	+0.0509%	1h	13.135	+0.087%	$348K	$48K	10x	as long as short