LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0098%/8h= −10.7% APRnext payment −$0.12 per $10,000 · paid last 24h −0.029%

Price spread now: gTrade (Gains Network) against Aevo−0.010%7-day average −0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$358as in the Price arb table

costs, in and out, $10k−$3573.572% of the position

Long on Aevo Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.090%−$9 on $10k

Price spread, last 3 days (all we have)+0.074%+$7 · spread now −0.010%, 7d avg −0.003%

Together, before fees−0.016%−$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.003%, 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	Aevo LINK-PERP	13.136	0.0104	pay 0.0013% / 1h	58m 39s	$551K	$2K	3x
Short	gTrade (Gains Network) LINK/USD	13.134	L +0.0004% / S −0.0006%	get 0.0001% / 1h	58m 39s	$133K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.010%Rate

Funding earned: −$20.5
Price spread: −0.010% → −0.003%: −$0.79
Slippage, 4 orders: −$331.17
Fee Aevo: 8 bp × 2 orders: −$16
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$378.46
Costs to cover: 3.572%
Break-even: never at this rate

Slippage from Aevo: live order book, 25 min ago; gTrade (Gains Network): virtual book (oracle venue), 20 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, 25 min ago	21.27 bp	38.1 bp −$38	191.7 bp −$1,917	doesn't fit	doesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 20 min ago	130.05 bp	142.5 bp −$143	1049.3 bp −$10.5K	doesn't fit	doesn't fit

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 −0.0090% / S +0.0167%	1h	13.134	−0.012%	$1.8M	—	200x	as long as short
dYdX LINK-USD	0.0000%	1h	13.131	−0.038%	$348K	$60K	10x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.133	−0.019%	$470K	$2.3M	3.7x	as long as short
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	13.136	+0.003%	$717K	$125K	50x	as long as short
gTrade (Gains Network) LINK/USDshort	L +0.0004% / S −0.0006%	1h	13.134	−0.010%	$133K	—	150x
Phoenix LINK	+0.0018%	1h	13.132	−0.026%	$3K	$78K	10x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−5.602%	$4K	$48K	12x	as long as short
Orderly PERP_LINK_USDC	+0.0041%	8h	13.133	−0.022%	$133K	$1.5M	20x	as long as short
Lighter LINK	+0.0096%	1h	13.136	+0.002%	$2.1M	$2.4M	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	13.130	−0.047%	$32K	$3K	20x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado LINK-PERP	+0.0100%	1h	13.128	−0.060%	$399K	$317K	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	13.141	+0.036%	$1.5M	$2.8M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.134	−0.013%	$275K	$151K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.132	−0.031%	$121.6M	$302.2M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.129	−0.052%	$84.6M	$69.8M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.131	−0.037%	$27.7M	$85.7M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.145	+0.070%	$184K	$172K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.134	−0.014%	$130.3M	$12.5M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.131	−0.037%	$36.6M	$55.6M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.138	+0.016%	$22.2M	$15.8M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.127	−0.067%	$54.5M	$30.4M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	13.129	−0.052%	—	$6.6M	—	as long as short
Variational Omni LINK	+0.0100%	8h	13.143	+0.055%	$3.3M	$1.5M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.139	+0.022%	$44K	$309K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.136	+0.004%	$589K	$2.8M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.148	+0.092%	$153K	$666K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.138	+0.016%	$80K	$68K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.128	−0.056%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.152	+0.126%	$34K	$1.6M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.132	−0.029%	$5K	$40K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.103	−0.253%	$644K	$906K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.132	−0.029%	$667K	$1.9M	25x	as long as short
Aevo LINK-PERPlong	+0.0104%	1h	13.136	long leg	$551K	$2K	3x
Coinbase International LINK-PERP-INTX	+0.0120%	1h	13.150	+0.108%	$990K	$2.7M	50x	as long as short
Backpack LINK_USDC_PERP	+0.0127%	1h	13.150	+0.108%	$366K	$374K	15x	as long as short
Hyperliquid LINK	+0.0199%	1h	13.144	+0.062%	$77.4M	$23.6M	10x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.135	−0.007%	$5.2M	$16.9M	75x	as long as short
Reya LINKRUSDPERP	+0.0374%	1h	13.134	−0.014%	$5K	—	20x	as long as short
Phemex LINKUSDT	+0.0491%	8h	13.143	+0.054%	$20.3M	$11.6M	50x	as long as short
Kraken Futures PF_LINKUSD	+0.0696%	1h	13.142	+0.046%	$6.9M	$8.0M	50x	as long as short