LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.04 per $10,000 · paid last 24h +0.004%

Price spread now: Coinbase International against SoDEX−0.241%7-day average — · you buy dearer than you sell

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

Long on SoDEX Short on Coinbase International

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—needs both histories

Funding pays, the price is against you. Coinbase International is 0.241% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.241% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$24 on $10k: about 29 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX LINK-USD	12.888	0.0100	pay 0.0013% / 1h	21m 08s	$10K	$62K	10x
Short	Coinbase International LINK-PERP-INTX	12.857	0.0128	get 0.0016% / 1h	21m 08s	$915K	$2.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against SoDEX. 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 SoDEXbpFee Coinbase InternationalbpOrdersPrice spread, now −0.241%Rate

Funding earned: $5.88
Price spread: −0.241% → 0.000%: −$24.05
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$36.17
Costs to cover: 0.180%
Break-even: 50.1 days

Slippage unknown: SoDEX: no order-book sample; Coinbase International: live order book, 3 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 SoDEX no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 3 min ago	1.95 bp	11.7 bp −$12	16.7 bp −$167	doesn't fit	doesn't fit

SoDEX: 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	12.891	+0.022%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	12.908	+0.158%	$525K	$2.3M	3.7x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0005%	1h	12.892	+0.027%	$157K	—	150x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−3.786%	$4K	$48K	12x	as long as short
Orderly PERP_LINK_USDC	+0.0040%	8h	12.882	−0.047%	$95K	$1.2M	20x	as long as short
Phoenix LINK	+0.0074%	1h	12.881	−0.052%	$3K	$82K	10x	as long as short
Lighter LINK	+0.0096%	1h	12.886	−0.015%	$1.9M	$2.8M	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	12.901	+0.105%	$31K	$2K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	12.895	+0.054%	$346K	$343K	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	12.891	+0.023%	$1.2M	$2.4M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica LINK	+0.0100%	1h	12.903	+0.113%	$275K	$186K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	12.889	+0.008%	$118.5M	$302.9M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	12.887	−0.008%	$83.2M	$73.4M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	12.899	+0.085%	$27.3M	$80.2M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	12.916	+0.217%	$180K	$167K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	12.886	−0.016%	$124.4M	$15.1M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	12.902	+0.109%	$32.9M	$57.6M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	12.891	+0.023%	$22.8M	$13.1M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	12.898	+0.078%	$53.9M	$30.4M	75x	as long as short
BingX LINK-USDT	+0.0100%	8h	12.901	+0.101%	—	$23.3M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	12.897	+0.070%	$336K	$390K	15x	as long as short
Variational Omni LINK	+0.0100%	8h	12.814	−0.571%	$3.3M	$1.7M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	12.844	−0.339%	$43K	$306K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	12.850	−0.295%	$582K	$2.9M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	12.849	−0.303%	$131K	$675K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	12.907	+0.147%	$81K	$71K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	12.884	−0.033%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	12.914	+0.203%	$33K	$1.5M	30x	as long as short
SoDEX LINK-USDlong	+0.0100%	1h	12.888	long leg	$10K	$62K	10x
HTX LINK-USDT	+0.0100%	8h	12.867	−0.162%	$632K	$675K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	12.882	−0.044%	$625K	$2.0M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	12.888	−0.003%	$540K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTXshort	+0.0128%	1h	12.857	−0.241%	$915K	$2.8M	50x
Deribit LINK_USDC-PERPETUAL	+0.0208%	1h	12.893	+0.036%	$796K	$244K	50x	as long as short
BloFin LINK-USDT	+0.0220%	8h	12.895	+0.054%	$5.2M	$15.8M	75x	as long as short
Hyperliquid LINK	+0.0232%	1h	12.914	+0.202%	$80.4M	$27.6M	10x	as long as short
Kraken Futures PF_LINKUSD	+0.0278%	1h	12.888	+0.003%	$6.6M	$8.2M	50x	as long as short
Reya LINKRUSDPERP	+0.0395%	1h	12.897	+0.074%	$4K	—	20x	as long as short
Phemex LINKUSDT	+0.0575%	8h	12.903	+0.116%	$19.9M	$11.3M	50x	as long as short
dYdX LINK-USD	+0.0751%	1h	12.898	+0.075%	$344K	$33K	10x	as long as short