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

LINK

all LINK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0094%/8h= −10.2% APRpaid last 24h −0.008%
Price spread now: gTrade (Gains Network) against Variational Omni−0.026%7-day average +0.026% · you buy dearer than you sell
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 3 days (all we have)−0.055%−$5 on $10k
Price spread, last 3 days (all we have)+0.178%+$18 · spread now −0.026%, 7d avg +0.026%
Together, before fees+0.124%+ Points / potential airdropVariational Omni: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.051% cheaper against Variational Omni than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.026%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni LINK13.1480.0100pay 0.0100% / 8h1h 50m$3.3M$1.5M
ShortgTrade (Gains Network) LINK/USD13.145L +0.0004% / S −0.0006%get 0.0001% / 1h50m 52s$133K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Variational Omni. 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
−$19.65
Price spread: −0.026% → +0.026%
−$5.15
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$34.8
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; gTrade (Gains Network): virtual book (oracle venue), 28 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 Variational Omni RFQ quote, 3 min ago3.15 bpdoesn't fit9.7 bp −$97doesn't fitdoesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 28 min ago130.05 bp142.5 bp −$1431049.3 bp −$10.5Kdoesn't fitdoesn't fit

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
GMX LINK/USD [LINK-USDC]L −0.0090% / S +0.0167%1h13.144−0.034%$1.8M200xas long as short
dYdX LINK-USD0.0000%1h13.139−0.072%$348K$60K10xas long as short
Kalshi KXLINKPERP0.0000%8h13.146−0.021%$470K$2.3M3.7xas long as short
Deribit LINK_USDC-PERPETUAL0.0000%1h13.145−0.026%$718K$125K50xas long as short
gTrade (Gains Network) LINK/USDshortL +0.0004% / S −0.0006%1h13.145−0.026%$133K150x
Injective LINK/USDC PERP+0.0033%1h12.400−5.692%$4K$48K12xas long as short
Phoenix LINK+0.0037%1h13.174+0.196%$3K$81K10xas long as short
Orderly PERP_LINK_USDC+0.0041%8h13.143−0.041%$134K$1.5M20xas long as short
Lighter LINK+0.0096%1h13.143−0.043%$2.1M$2.4M10xas long as short
Paradex LINK-USD-PERP+0.0100%8h13.132−0.123%$32K$3K20xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado LINK-PERP+0.0100%1h13.134−0.106%$399K$317K10xas long as short
Hyperliquid LINK+0.0100%1h13.146−0.018%$77.6M$23.8M10xas long as short
Aster LINKUSDT+0.0100%8h13.141−0.056%$1.5M$2.8M50xas long as short
Pacifica LINK+0.0100%1h13.134−0.107%$275K$151K10xas long as short
Binance LINKUSDT+0.0100%8h13.146−0.018%$121.9M$302.3M75xas long as short
Bybit LINKUSDT+0.0100%8h13.144−0.033%$84.7M$69.6M75xas long as short
OKX LINK-USDT-SWAP+0.0100%8h13.147−0.011%$27.6M$85.7M50xas long as short
Arcus LINK-USD+0.0100%1h13.148−0.003%$184K$172K10xas long as short
Gate LINK_USDT+0.0100%8h13.137−0.087%$130.4M$12.6M75xas long as short
MEXC LINK_USDT+0.0100%8h13.136−0.094%$36.5M$55.9M300xas long as short
KuCoin LINKUSDTM+0.0100%8h13.142−0.049%$22.3M$15.7M75xas long as short
Bitget LINKUSDT+0.0100%8h13.146−0.018%$54.6M$30.3M75xas long as short
BingX LINK-USDC+0.0100%8h13.147−0.011%$6.6Mas long as short
Variational Omni LINKlong+0.0100%8h13.148long leg$3.3M$1.5M
edgeX LINKUSDC+0.0100%4h13.153+0.039%$44K$307K20xas long as short
GRVT LINK_USDT_Perp+0.0100%8h13.173+0.187%$590K$2.8M10xas long as short
ApeX Omni LINKUSDT+0.0100%1h13.160+0.088%$153K$667K50xas long as short
Polymarket Perps LINK-USD+0.0100%1h13.140−0.064%$80K$68K10xas long as short
Derive LINK-PERP+0.0100%1h13.140−0.065%$16K$22K10xas long as short
SunX LINK-USDT+0.0100%8h13.151+0.018%$34K$1.6M30xas long as short
SoDEX LINK-USD+0.0100%1h13.136−0.094%$5K$38K10xas long as short
HTX LINK-USDT+0.0100%8h13.130−0.141%$645K$903K75xas long as short
Extended LINK-USD+0.0104%1h13.133−0.117%$675K$1.9M25xas long as short
Aevo LINK-PERP+0.0104%1h13.145−0.030%$551K$2K3xas long as short
Coinbase International LINK-PERP-INTX+0.0120%1h13.149+0.005%$991K$2.7M50xas long as short
Backpack LINK_USDC_PERP+0.0134%1h13.147−0.011%$366K$374K15xas long as short
BloFin LINK-USDT+0.0220%8h13.139−0.071%$5.2M$17.0M75xas long as short
Reya LINKRUSDPERP+0.0375%1h13.137−0.085%$5K20xas long as short
Phemex LINKUSDT+0.0478%8h13.152+0.028%$20.3M$11.6M50xas long as short
Kraken Futures PF_LINKUSD+0.0695%1h13.147−0.010%$6.9M$8.0M50xas long as short