LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0392%/8h= +42.9% APRnext payment +$0.49 per $10,000 · paid last 24h +0.035%

Price spread now: dYdX against SoDEX+0.023%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on dYdX

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

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and dYdX is 0.023% dearer against SoDEX than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX LINK-USD	13.181	0.0086	pay 0.0011% / 1h	59m 01s	$5K	$35K	10x
Short	dYdX LINK-USD	13.184	0.0478	get 0.0060% / 1h	59m 01s	$349K	$48K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now +0.023%Rate

Funding earned: $82.35
Price spread: +0.023% → 0.000%: $2.29
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee dYdX: 5 bp × 2 orders: −$10
Net: $66.65
Costs to cover: 0.180%
Break-even: 1.3 days

Slippage unknown: SoDEX: no order-book sample; dYdX: live order book, 15 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 dYdX live order book, 15 min ago	44.42 bp	224.7 bp −$225	228.2 bp −$2,282	228.6 bp −$22.9K	238.7 bp −$119.4K

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 −0.0091% / S +0.0167%	1h	13.180	−0.005%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.187	+0.046%	$478K	$2.4M	3.7x	as long as short
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	13.185	+0.029%	$730K	$139K	50x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0007%	1h	13.182	+0.005%	$134K	—	150x	as long as short
Phoenix LINK	+0.0012%	1h	13.136	−0.338%	$4K	$81K	10x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−5.925%	$4K	$48K	12x	as long as short
Orderly PERP_LINK_USDC	+0.0043%	8h	13.177	−0.030%	$133K	$1.5M	20x	as long as short
HTX LINK-USDT	+0.0056%	8h	13.169	−0.089%	$648K	$875K	75x	as long as short
SoDEX LINK-USDlong	+0.0086%	1h	13.181	long leg	$5K	$35K	10x
Lighter LINK	+0.0096%	1h	13.182	+0.005%	$2.0M	$2.6M	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex LINK-USD-PERP	+0.0100%	8h	13.175	−0.042%	$32K	$3K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	13.180	−0.004%	$402K	$311K	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	13.183	+0.014%	$1.4M	$3.0M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.177	−0.030%	$277K	$151K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.169	−0.092%	$122.4M	$306.3M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.168	−0.099%	$85.1M	$71.7M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.172	−0.068%	$27.9M	$86.6M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.192	+0.083%	$185K	$172K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.175	−0.046%	$130.6M	$12.0M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.171	−0.076%	$36.7M	$57.9M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.184	+0.023%	$22.8M	$15.2M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.167	−0.106%	$54.8M	$30.7M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	13.169	−0.091%	—	$6.6M	—	as long as short
Variational Omni LINK	+0.0100%	8h	13.177	−0.032%	$3.3M	$1.6M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.172	−0.066%	$44K	$310K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.183	+0.017%	$597K	$2.7M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.185	+0.030%	$153K	$668K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.191	+0.076%	$82K	$69K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.178	−0.021%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.198	+0.128%	$34K	$1.6M	30x	as long as short
Extended LINK-USD	+0.0104%	1h	13.168	−0.095%	$740K	$1.9M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	13.182	+0.009%	$553K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0120%	1h	13.189	+0.061%	$1.0M	$2.8M	50x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.181	0.000%	$5.2M	$16.4M	75x	as long as short
Backpack LINK_USDC_PERP	+0.0273%	1h	13.184	+0.023%	$364K	$375K	15x	as long as short
Hyperliquid LINK	+0.0332%	1h	13.193	+0.091%	$78.9M	$24.4M	10x	as long as short
Kraken Futures PF_LINKUSD	+0.0364%	1h	13.188	+0.051%	$6.9M	$8.2M	50x	as long as short
Reya LINKRUSDPERP	+0.0380%	1h	13.184	+0.025%	$5K	—	20x	as long as short
Phemex LINKUSDT	+0.0466%	8h	13.191	+0.076%	$20.4M	$11.6M	50x	as long as short
dYdX LINK-USDshort	+0.0478%	1h	13.184	+0.023%	$349K	$48K	10x