LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: ApeX Omni against Aevo+0.112%7-day average +0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs−$107as in the Funding arb table

Net, price: spread back to 7d avg − costs−$100as in the Price arb table

costs, in and out, $10k−$1071.071% of the position

Long on Aevo Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 4 days (all we have)−0.283%−$28 · spread now +0.112%, 7d avg +0.037%

Together, before fees−0.281%−$28 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.075% dearer against Aevo than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo LINK-PERP	12.946	0.0104	pay 0.0013% / 1h	51m 22s	$543K	$2K	3x
Short	ApeX Omni LINKUSDT	12.960	0.0100	get 0.0013% / 1h	51m 22s	$132K	$668K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aevo. 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 AevobpFee ApeX OmnibpOrdersPrice spread, now +0.112%Rate

Funding earned: −$0.84
Price spread: +0.112% → +0.037%: $7.46
Slippage, 4 orders: −$81.12
Fee Aevo: 8 bp × 2 orders: −$16
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$100.5
Costs to cover: 1.071%
Break-even: never at this rate

Slippage from Aevo: live order book, 60 min ago; ApeX Omni: live order book, 60 min ago.

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 Aevo live order book, 60 min ago	29.39 bp	40.5 bp −$41	226.6 bp −$2,266	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 60 min ago	5.04 bp	12.3 bp −$12	91.0 bp −$910	doesn't fit	doesn't fit

LINK on 39 exchanges

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	−0.0197%	8h	12.936	−0.074%	$85K	$868K	20x	as long as short
GMX LINK/USD [LINK-USDC]	L −0.0087% / S +0.0165%	1h	12.950	+0.033%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	12.971	+0.200%	$488K	$2.0M	3.7x	as long as short
Phoenix LINK	0.0000%	1h	12.949	+0.028%	$3K	$81K	10x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0001%	1h	12.957	+0.092%	$115K	—	150x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−4.214%	$4K	$48K	12x	as long as short
SoDEX LINK-USD	+0.0072%	1h	12.944	−0.012%	$11K	$61K	10x	as long as short
Variational Omni LINK	+0.0094%	8h	12.971	+0.198%	$3.4M	$1.8M	—	as long as short
HTX LINK-USDT	+0.0094%	8h	12.938	−0.061%	$607K	$677K	75x	as long as short
Lighter LINK	+0.0096%	1h	12.941	−0.034%	$1.9M	$2.3M	10x	as long as short

Show all 39 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex LINK-USD-PERP	+0.0100%	8h	12.938	−0.058%	$31K	$600	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	12.945	−0.004%	$348K	$279K	10x	as long as short
Hyperliquid LINK	+0.0100%	1h	12.958	+0.096%	$81.5M	$25.2M	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	12.952	+0.050%	$1.4M	$2.5M	50x	as long as short
Pacifica LINK	+0.0100%	1h	12.943	−0.023%	$274K	$153K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	12.945	0.000%	$120.1M	$267.6M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	12.942	−0.027%	$83.7M	$66.5M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	12.946	+0.003%	$27.3M	$73.7M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	12.962	+0.127%	$183K	$83K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	12.946	+0.003%	$133.8M	$17.2M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	12.945	−0.004%	$35.7M	$54.5M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	12.950	+0.034%	$22.9M	$11.8M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	12.942	−0.027%	$54.2M	$26.3M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	12.943	−0.020%	—	$6.5M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	12.955	+0.073%	$335K	$352K	15x	as long as short
edgeX LINKUSDC	+0.0100%	4h	12.952	+0.049%	$43K	$307K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	12.956	+0.077%	$587K	$3.1M	10x	as long as short
ApeX Omni LINKUSDTshort	+0.0100%	1h	12.960	+0.112%	$132K	$668K	50x
Polymarket Perps LINK-USD	+0.0100%	1h	12.953	+0.058%	$83K	$64K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	12.957	+0.086%	$33K	$1.2M	30x	as long as short
Extended LINK-USD	+0.0104%	1h	12.938	−0.057%	$628K	$1.9M	25x	as long as short
Aevo LINK-PERPlong	+0.0104%	1h	12.946	long leg	$543K	$2K	3x
Kraken Futures PF_LINKUSD	+0.0173%	1h	12.949	+0.028%	$6.5M	$7.4M	50x	as long as short
Coinbase International LINK-PERP-INTX	+0.0200%	1h	12.951	+0.042%	$974K	$3.2M	50x	as long as short
BloFin LINK-USDT	+0.0220%	8h	12.957	+0.088%	$5.4M	$15.3M	75x	as long as short
Deribit LINK_USDC-PERPETUAL	+0.0268%	1h	12.953	+0.056%	$891K	$359K	50x	as long as short
Reya LINKRUSDPERP	+0.0408%	1h	12.940	−0.043%	$4K	—	20x	as long as short
Phemex LINKUSDT	+0.0448%	8h	12.965	+0.150%	$20.0M	$10.2M	50x	as long as short
dYdX LINK-USD	+0.0459%	1h	12.950	+0.035%	$348K	$34K	10x	as long as short