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
Funding, last 4 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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX LINK-USD | 12.915 | 0.0100 | pay 0.0013% / 1h | 50m 50s | $11K | $62K | 10x |
| Short | gTrade (Gains Network) LINK/USD | 12.915 | L +0.0004% / S −0.0005% | get 0.0001% / 1h | 50m 50s | $155K | — | 150x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SoDEX no order-book sample | — | — | — | — | — |
| Sell gTrade (Gains Network) virtual book (oracle venue), 43 min ago | 130.05 bp | 142.5 bp −$143 | 1049.2 bp −$10.5K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_LINK_USDC | −0.0106% | 8h | 12.908 | −0.054% | $91K | $1.0M | 20x | as long as short |
| GMX LINK/USD [LINK-USDC] | L −0.0087% / S +0.0165% | 1h | 12.915 | +0.004% | $1.7M | — | 200x | as long as short |
| Kalshi KXLINKPERP | 0.0000% | 8h | 12.914 | −0.012% | $514K | $2.3M | 3.7x | as long as short |
| gTrade (Gains Network) LINK/USDshort | L +0.0004% / S −0.0005% | 1h | 12.915 | +0.001% | $155K | — | 150x | |
| Injective LINK/USDC PERP | +0.0033% | 1h | 12.400 | −3.988% | $4K | $48K | 12x | as long as short |
| Kraken Futures PF_LINKUSD | +0.0049% | 1h | 12.920 | +0.036% | $6.4M | $8.4M | 50x | as long as short |
| Phoenix LINK | +0.0087% | 1h | 12.911 | −0.029% | $3K | $85K | 10x | as long as short |
| Lighter LINK | +0.0096% | 1h | 12.913 | −0.015% | $1.9M | $2.8M | 10x | as long as short |
| Paradex LINK-USD-PERP | +0.0100% | 8h | 12.904 | −0.081% | $31K | $2K | 20x | as long as short |
| Nado LINK-PERP | +0.0100% | 1h | 12.915 | +0.002% | $349K | $336K | 10x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid LINK | +0.0100% | 1h | 12.918 | +0.023% | $80.7M | $28.0M | 10x | as long as short |
| Aster LINKUSDT | +0.0100% | 8h | 12.917 | +0.014% | $1.2M | $2.4M | 50x | as long as short |
| Pacifica LINK | +0.0100% | 1h | 12.905 | −0.077% | $274K | $182K | 10x | as long as short |
| Binance LINKUSDT | +0.0100% | 8h | 12.912 | −0.022% | $119.2M | $297.8M | 75x | as long as short |
| Bybit LINKUSDT | +0.0100% | 8h | 12.907 | −0.062% | $83.6M | $73.2M | 75x | as long as short |
| OKX LINK-USDT-SWAP | +0.0100% | 8h | 12.909 | −0.046% | $27.1M | $80.2M | 50x | as long as short |
| Arcus LINK-USD | +0.0100% | 1h | 12.925 | +0.077% | $181K | $99K | 10x | as long as short |
| Gate LINK_USDT | +0.0100% | 8h | 12.914 | −0.008% | $133.9M | $17.5M | 75x | as long as short |
| MEXC LINK_USDT | +0.0100% | 8h | 12.913 | −0.015% | $34.9M | $58.0M | 300x | as long as short |
| KuCoin LINKUSDTM | +0.0100% | 8h | 12.917 | +0.015% | $22.9M | $12.2M | 75x | as long as short |
| Bitget LINKUSDT | +0.0100% | 8h | 12.910 | −0.039% | $53.8M | $30.1M | 75x | as long as short |
| BingX LINK-USDC | +0.0100% | 8h | 12.913 | −0.015% | — | $6.6M | — | as long as short |
| Backpack LINK_USDC_PERP | +0.0100% | 1h | 12.920 | +0.039% | $336K | $385K | 15x | as long as short |
| Variational Omni LINK | +0.0100% | 8h | 12.909 | −0.044% | $3.3M | $1.8M | — | as long as short |
| edgeX LINKUSDC | +0.0100% | 4h | 12.901 | −0.112% | $43K | $307K | 20x | as long as short |
| GRVT LINK_USDT_Perp | +0.0100% | 8h | 12.904 | −0.082% | $582K | $3.0M | 10x | as long as short |
| ApeX Omni LINKUSDT | +0.0100% | 1h | 12.910 | −0.039% | $132K | $671K | 50x | as long as short |
| Polymarket Perps LINK-USD | +0.0100% | 1h | 12.919 | +0.031% | $82K | $70K | 10x | as long as short |
| Derive LINK-PERP | +0.0100% | 1h | 12.919 | +0.034% | $16K | $22K | 10x | as long as short |
| SunX LINK-USDT | +0.0100% | 8h | 12.930 | +0.115% | $33K | $1.4M | 30x | as long as short |
| SoDEX LINK-USDlong | +0.0100% | 1h | 12.915 | long leg | $11K | $62K | 10x | |
| HTX LINK-USDT | +0.0100% | 8h | 12.892 | −0.177% | $630K | $751K | 75x | as long as short |
| Extended LINK-USD | +0.0104% | 1h | 12.907 | −0.064% | $615K | $2.0M | 25x | as long as short |
| Aevo LINK-PERP | +0.0104% | 1h | 12.916 | +0.012% | $542K | $2K | 3x | as long as short |
| Coinbase International LINK-PERP-INTX | +0.0184% | 1h | 12.908 | −0.054% | $929K | $3.1M | 50x | as long as short |
| Deribit LINK_USDC-PERPETUAL | +0.0191% | 1h | 12.922 | +0.057% | $808K | $268K | 50x | as long as short |
| BloFin LINK-USDT | +0.0220% | 8h | 12.912 | −0.023% | $5.3M | $15.8M | 75x | as long as short |
| Reya LINKRUSDPERP | +0.0402% | 1h | 12.913 | −0.015% | $4K | — | 20x | as long as short |
| Phemex LINKUSDT | +0.0582% | 8h | 12.929 | +0.108% | $20.0M | $11.5M | 50x | as long as short |
| dYdX LINK-USD | +0.0687% | 1h | 12.910 | −0.038% | $344K | $45K | 10x | as long as short |
SoDEX LINK-USD
gTrade (Gains Network) LINK/USD
GMX LINK/USD [LINK-USDC]
Kalshi KXLINKPERP
Injective LINK/USDC PERP
Kraken Futures PF_LINKUSD
Phoenix LINK
Lighter LINK
Paradex LINK-USD-PERP
Hyperliquid LINK
Aster LINKUSDT
Pacifica LINK
Binance LINKUSDT
Bybit LINKUSDT
OKX LINK-USDT-SWAP
Gate LINK_USDT
MEXC LINK_USDT
KuCoin LINKUSDTM
Bitget LINKUSDT
BingX LINK-USDC
Backpack LINK_USDC_PERP
Variational Omni LINK
edgeX LINKUSDC
GRVT LINK_USDT_Perp
ApeX Omni LINKUSDT
Polymarket Perps LINK-USD
Derive LINK-PERP
SunX LINK-USDT
HTX LINK-USDT
Extended LINK-USD
Coinbase International LINK-PERP-INTX
Deribit LINK_USDC-PERPETUAL
BloFin LINK-USDT
Phemex LINKUSDT