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

LINK

all LINK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.010%
Price spread now: Gate against Variational Omni+0.055%7-day average +0.008% · 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 3 days (all we have)+0.022%+$2 on $10k
Price spread, last 7 days−0.042%−$4 · spread now +0.055%, 7d avg +0.008%
Together, before fees−0.020%+ Points / potential airdropVariational Omni: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Gate is 0.047% dearer against Variational Omni than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni LINK13.1640.0087pay 0.0087% / 8h2h 18m$3.3M$1.5M
ShortGate LINK_USDT13.1710.0100get 0.0100% / 8h2h 18m$130.9M$12.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$2.63
Price spread: +0.055% → +0.008%
$4.66
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$7.71
Costs to cover
0.150%
Break-even
27.5 days
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Gate: live order book, 5 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, 1 min ago3.12 bpdoesn't fit10.7 bp −$107doesn't fitdoesn't fit
Sell Gate live order book, 5 min ago1.90 bp9.8 bp −$1015.5 bp −$15532.5 bp −$3,25075.1 bp −$37.5K

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 −0.0092% / S +0.0166%1h13.167+0.025%$1.8M200xas long as short
Kalshi KXLINKPERP0.0000%8h13.178+0.111%$483K$2.3M3.7xas long as short
Deribit LINK_USDC-PERPETUAL0.0000%1h13.170+0.049%$716K$122K50xas long as short
gTrade (Gains Network) LINK/USDL +0.0004% / S −0.0006%1h13.168+0.028%$133K150xas long as short
dYdX LINK-USD+0.0017%1h13.177+0.097%$349K$60K10xas long as short
Phoenix LINK+0.0018%1h13.159−0.037%$3K$84K10xas long as short
Injective LINK/USDC PERP+0.0033%1h12.400−5.802%$4K$48K12xas long as short
Orderly PERP_LINK_USDC+0.0043%8h13.160−0.029%$135K$1.6M20xas long as short
Variational Omni LINKlong+0.0087%8h13.164long leg$3.3M$1.5M
Lighter LINK+0.0096%1h13.174+0.078%$2.1M$2.4M10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex LINK-USD-PERP+0.0100%8h13.167+0.024%$32K$3K20xas long as short
Nado LINK-PERP+0.0100%1h13.181+0.131%$401K$317K10xas long as short
Hyperliquid LINK+0.0100%1h13.195+0.237%$78.0M$23.5M10xas long as short
Aster LINKUSDT+0.0100%8h13.174+0.076%$1.6M$2.7M50xas long as short
Pacifica LINK+0.0100%1h13.171+0.055%$276K$150K10xas long as short
Binance LINKUSDT+0.0100%8h13.182+0.135%$122.1M$300.6M75xas long as short
Bybit LINKUSDT+0.0100%8h13.176+0.093%$84.7M$69.5M75xas long as short
OKX LINK-USDT-SWAP+0.0100%8h13.183+0.146%$27.9M$85.6M50xas long as short
Arcus LINK-USD+0.0100%1h13.189+0.192%$185K$172K10xas long as short
Gate LINK_USDTshort+0.0100%8h13.171+0.055%$130.9M$12.7M75x
MEXC LINK_USDT+0.0100%8h13.176+0.093%$37.4M$56.7M300xas long as short
KuCoin LINKUSDTM+0.0100%8h13.177+0.100%$22.0M$15.7M75xas long as short
Bitget LINKUSDT+0.0100%8h13.179+0.116%$54.6M$30.1M75xas long as short
BingX LINK-USDT+0.0100%8h13.175+0.085%$21.8Mas long as short
edgeX LINKUSDC+0.0100%4h13.161−0.019%$44K$307K20xas long as short
GRVT LINK_USDT_Perp+0.0100%8h13.145−0.143%$593K$2.8M10xas long as short
ApeX Omni LINKUSDT+0.0100%1h13.168+0.032%$153K$663K50xas long as short
Polymarket Perps LINK-USD+0.0100%1h13.184+0.154%$81K$67K10xas long as short
Derive LINK-PERP+0.0100%1h13.163−0.003%$16K$22K10xas long as short
SunX LINK-USDT+0.0100%8h13.183+0.146%$34K$1.5M30xas long as short
SoDEX LINK-USD+0.0100%1h13.166+0.017%$5K$40K10xas long as short
HTX LINK-USDT+0.0100%8h13.157−0.049%$647K$908K75xas long as short
Extended LINK-USD+0.0104%1h13.175+0.082%$667K$1.9M25xas long as short
Aevo LINK-PERP+0.0104%1h13.169+0.041%$552K$2K3xas long as short
Coinbase International LINK-PERP-INTX+0.0104%1h13.171+0.055%$990K$2.7M50xas long as short
Backpack LINK_USDC_PERP+0.0118%1h13.175+0.085%$365K$372K15xas long as short
BloFin LINK-USDT+0.0220%8h13.164+0.002%$5.2M$16.9M75xas long as short
Reya LINKRUSDPERP+0.0374%1h13.180+0.126%$5K20xas long as short
Phemex LINKUSDT+0.0463%8h13.178+0.108%$20.4M$11.5M50xas long as short
Kraken Futures PF_LINKUSD+0.0503%1h13.174+0.081%$7.0M$7.8M50xas long as short