LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0068%/8h= +7.5% APRnext payment +$0.68 per $10,000 · paid last 24h +0.013%

Price spread now: Paradex against Variational Omni−0.252%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on Paradex

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—+ Points / potential airdropVariational Omni: Active · Paradex: Active · farm boardneeds both histories

Funding pays, the price is against you. Paradex is 0.252% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.252% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$25 on $10k: about 12 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni LINK	13.109	0.0031	pay 0.0031% / 8h	2h 51m	$3.3M	$1.6M	—
Short	Paradex LINK-USD-PERP	13.076	0.0100	get 0.0100% / 8h	2h 51m	$31K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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

Position, each leg$Hold fordaysFee Variational OmnibpFee ParadexbpOrdersPrice spread, now −0.252%Rate

Funding earned: $14.36
Price spread: −0.252% → 0.000%: −$25.16
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$14.81
Costs to cover: 0.040%
Break-even: 14.2 days

Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Paradex: no order-book sample. 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 Variational Omni RFQ quote, 2 min ago	3.13 bp	doesn't fit	8.9 bp −$89	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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 +0.0166%	1h	13.086	−0.182%	$1.7M	—	200x	as long as short
dYdX LINK-USD	0.0000%	1h	13.084	−0.194%	$347K	$60K	10x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.080	−0.224%	$455K	$2.3M	3.7x	as long as short
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	13.081	−0.220%	$697K	$107K	50x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0003% / S −0.0002%	1h	13.087	−0.171%	$83K	—	150x	as long as short
Phoenix LINK	+0.0018%	1h	13.127	+0.138%	$3K	$84K	10x	as long as short
Variational Omni LINKlong	+0.0031%	8h	13.109	long leg	$3.3M	$1.6M	—
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−5.412%	$4K	$48K	12x	as long as short
Orderly PERP_LINK_USDC	+0.0056%	8h	13.069	−0.308%	$134K	$1.6M	20x	as long as short
Lighter LINK	+0.0096%	1h	13.079	−0.229%	$2.1M	$2.4M	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-PERPshort	+0.0100%	8h	13.076	−0.252%	$31K	$3K	20x
Nado LINK-PERP	+0.0100%	1h	13.078	−0.240%	$399K	$316K	10x	as long as short
Hyperliquid LINK	+0.0100%	1h	13.086	−0.179%	$77.9M	$23.0M	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	13.081	−0.218%	$1.6M	$2.7M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.081	−0.217%	$274K	$155K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.072	−0.284%	$120.9M	$300.7M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.075	−0.263%	$84.4M	$69.3M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.077	−0.247%	$27.6M	$84.8M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.101	−0.064%	$184K	$170K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.076	−0.255%	$130.4M	$12.4M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.073	−0.278%	$35.5M	$55.8M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.078	−0.240%	$21.7M	$16.0M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.073	−0.278%	$54.1M	$30.1M	75x	as long as short
BingX LINK-USDT	+0.0100%	8h	13.073	−0.278%	—	$21.7M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	13.082	−0.209%	$362K	$370K	15x	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.117	+0.056%	$43K	$306K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.133	+0.180%	$591K	$2.8M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.109	−0.003%	$153K	$660K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.082	−0.209%	$79K	$62K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.074	−0.269%	$22K	$16K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.094	−0.115%	$34K	$1.6M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.075	−0.263%	$5K	$40K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.078	−0.241%	$640K	$905K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.068	−0.314%	$665K	$1.9M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	13.078	−0.236%	$548K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0104%	1h	13.084	−0.194%	$987K	$2.7M	50x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.090	−0.148%	$5.2M	$16.6M	75x	as long as short
Reya LINKRUSDPERP	+0.0372%	1h	13.080	−0.222%	$5K	—	20x	as long as short
Kraken Futures PF_LINKUSD	+0.0507%	1h	13.084	−0.197%	$6.9M	$7.7M	50x	as long as short
Phemex LINKUSDT	+0.0511%	8h	13.092	−0.133%	$20.2M	$11.5M	50x	as long as short