Settings8H · net · $10k
Funding arb · Price arb /

LINK

all LINK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0095%/8h= −10.4% APRnext payment $0.12 per $10,000 · paid last 24h −0.016%
Price spread now: gTrade (Gains Network) against SoDEX+0.001%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX LINK-USD12.9150.0100pay 0.0013% / 1h50m 50s$11K$62K10x
ShortgTrade (Gains Network) LINK/USD12.915L +0.0004% / S −0.0005%get 0.0001% / 1h50m 50s$155K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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

Funding earned
−$20.04
Price spread: +0.001% → 0.000%
$0.08
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$37.96
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 43 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SoDEX no order-book sample
Sell gTrade (Gains Network) virtual book (oracle venue), 43 min ago130.05 bp142.5 bp −$1431049.2 bp −$10.5Kdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_LINK_USDC−0.0106%8h12.908−0.054%$91K$1.0M20xas long as short
GMX LINK/USD [LINK-USDC]L −0.0087% / S +0.0165%1h12.915+0.004%$1.7M200xas long as short
Kalshi KXLINKPERP0.0000%8h12.914−0.012%$514K$2.3M3.7xas long as short
gTrade (Gains Network) LINK/USDshortL +0.0004% / S −0.0005%1h12.915+0.001%$155K150x
Injective LINK/USDC PERP+0.0033%1h12.400−3.988%$4K$48K12xas long as short
Kraken Futures PF_LINKUSD+0.0049%1h12.920+0.036%$6.4M$8.4M50xas long as short
Phoenix LINK+0.0087%1h12.911−0.029%$3K$85K10xas long as short
Lighter LINK+0.0096%1h12.913−0.015%$1.9M$2.8M10xas long as short
Paradex LINK-USD-PERP+0.0100%8h12.904−0.081%$31K$2K20xas long as short
Nado LINK-PERP+0.0100%1h12.915+0.002%$349K$336K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid LINK+0.0100%1h12.918+0.023%$80.7M$28.0M10xas long as short
Aster LINKUSDT+0.0100%8h12.917+0.014%$1.2M$2.4M50xas long as short
Pacifica LINK+0.0100%1h12.905−0.077%$274K$182K10xas long as short
Binance LINKUSDT+0.0100%8h12.912−0.022%$119.2M$297.8M75xas long as short
Bybit LINKUSDT+0.0100%8h12.907−0.062%$83.6M$73.2M75xas long as short
OKX LINK-USDT-SWAP+0.0100%8h12.909−0.046%$27.1M$80.2M50xas long as short
Arcus LINK-USD+0.0100%1h12.925+0.077%$181K$99K10xas long as short
Gate LINK_USDT+0.0100%8h12.914−0.008%$133.9M$17.5M75xas long as short
MEXC LINK_USDT+0.0100%8h12.913−0.015%$34.9M$58.0M300xas long as short
KuCoin LINKUSDTM+0.0100%8h12.917+0.015%$22.9M$12.2M75xas long as short
Bitget LINKUSDT+0.0100%8h12.910−0.039%$53.8M$30.1M75xas long as short
BingX LINK-USDC+0.0100%8h12.913−0.015%$6.6Mas long as short
Backpack LINK_USDC_PERP+0.0100%1h12.920+0.039%$336K$385K15xas long as short
Variational Omni LINK+0.0100%8h12.909−0.044%$3.3M$1.8Mas long as short
edgeX LINKUSDC+0.0100%4h12.901−0.112%$43K$307K20xas long as short
GRVT LINK_USDT_Perp+0.0100%8h12.904−0.082%$582K$3.0M10xas long as short
ApeX Omni LINKUSDT+0.0100%1h12.910−0.039%$132K$671K50xas long as short
Polymarket Perps LINK-USD+0.0100%1h12.919+0.031%$82K$70K10xas long as short
Derive LINK-PERP+0.0100%1h12.919+0.034%$16K$22K10xas long as short
SunX LINK-USDT+0.0100%8h12.930+0.115%$33K$1.4M30xas long as short
SoDEX LINK-USDlong+0.0100%1h12.915long leg$11K$62K10x
HTX LINK-USDT+0.0100%8h12.892−0.177%$630K$751K75xas long as short
Extended LINK-USD+0.0104%1h12.907−0.064%$615K$2.0M25xas long as short
Aevo LINK-PERP+0.0104%1h12.916+0.012%$542K$2K3xas long as short
Coinbase International LINK-PERP-INTX+0.0184%1h12.908−0.054%$929K$3.1M50xas long as short
Deribit LINK_USDC-PERPETUAL+0.0191%1h12.922+0.057%$808K$268K50xas long as short
BloFin LINK-USDT+0.0220%8h12.912−0.023%$5.3M$15.8M75xas long as short
Reya LINKRUSDPERP+0.0402%1h12.913−0.015%$4K20xas long as short
Phemex LINKUSDT+0.0582%8h12.929+0.108%$20.0M$11.5M50xas long as short
dYdX LINK-USD+0.0687%1h12.910−0.038%$344K$45K10xas long as short