LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0296%/8h= +32.4% APRnext payment +$0.37 per $10,000 · paid last 24h +0.079%

Price spread now: Reya against ApeX Omni−0.163%7-day average — · you buy dearer than you sell

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

Long on ApeX Omni Short on Reya

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 airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.163% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.163% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 44 hours of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni LINKUSDT	12.970	0.0100	pay 0.0013% / 1h	1m 04s	$133K	$672K	50x
Short	Reya LINKRUSDPERP	12.949	0.0396	get 0.0050% / 1h	1m 04s	$4K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against ApeX 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 ApeX OmnibpFee ReyabpOrdersPrice spread, now −0.163%Rate

Funding earned: $62.21
Price spread: −0.163% → 0.000%: −$16.28
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: $29.93
Costs to cover: 0.160%
Break-even: 3.6 days

Slippage unknown: ApeX Omni: live order book, 47 min ago; Reya: 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 ApeX Omni live order book, 47 min ago	8.12 bp	15.8 bp −$16	66.5 bp −$665	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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 −0.0089% / S +0.0166%	1h	12.949	−0.159%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	12.958	−0.096%	$526K	$2.3M	3.7x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0005%	1h	12.950	−0.155%	$157K	—	150x	as long as short
Orderly PERP_LINK_USDC	+0.0022%	8h	12.944	−0.200%	$95K	$1.2M	20x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−4.395%	$4K	$48K	12x	as long as short
Phoenix LINK	+0.0074%	1h	12.958	−0.091%	$3K	$82K	10x	as long as short
Lighter LINK	+0.0096%	1h	12.952	−0.139%	$1.9M	$2.8M	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	12.950	−0.154%	$31K	$2K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	12.950	−0.150%	$347K	$343K	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	12.952	−0.142%	$1.2M	$2.4M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica LINK	+0.0100%	1h	12.955	−0.112%	$276K	$183K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	12.949	−0.165%	$119.4M	$302.4M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	12.944	−0.200%	$83.5M	$73.5M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	12.946	−0.185%	$27.0M	$81.5M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	12.969	−0.008%	$181K	$95K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	12.946	−0.185%	$124.6M	$15.5M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	12.952	−0.139%	$32.9M	$58.2M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	12.954	−0.123%	$22.8M	$12.9M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	12.951	−0.146%	$54.1M	$30.6M	75x	as long as short
BingX LINK-USDT	+0.0100%	8h	12.950	−0.154%	—	$23.3M	—	as long as short
Variational Omni LINK	+0.0100%	8h	12.971	+0.009%	$3.3M	$1.7M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	12.953	−0.128%	$43K	$307K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	12.958	−0.090%	$590K	$2.9M	10x	as long as short
ApeX Omni LINKUSDTlong	+0.0100%	1h	12.970	long leg	$133K	$672K	50x
Polymarket Perps LINK-USD	+0.0100%	1h	12.955	−0.116%	$81K	$70K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	12.951	−0.150%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	12.965	−0.035%	$33K	$1.4M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	12.953	−0.131%	$10K	$61K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	12.939	−0.239%	$634K	$786K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	12.942	−0.219%	$628K	$2.0M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	12.954	−0.123%	$543K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0128%	1h	12.961	−0.069%	$936K	$2.8M	50x	as long as short
Backpack LINK_USDC_PERP	+0.0135%	1h	12.958	−0.093%	$338K	$390K	15x	as long as short
BloFin LINK-USDT	+0.0220%	8h	12.952	−0.139%	$5.2M	$15.9M	75x	as long as short
Hyperliquid LINK	+0.0248%	1h	12.965	−0.039%	$80.8M	$27.7M	10x	as long as short
Kraken Futures PF_LINKUSD	+0.0276%	1h	12.956	−0.104%	$6.7M	$8.3M	50x	as long as short
Deribit LINK_USDC-PERPETUAL	+0.0283%	1h	12.958	−0.089%	$808K	$254K	50x	as long as short
Reya LINKRUSDPERPshort	+0.0396%	1h	12.949	−0.163%	$4K	—	20x
Phemex LINKUSDT	+0.0576%	8h	12.969	−0.008%	$20.0M	$11.3M	50x	as long as short
dYdX LINK-USD	+0.0598%	1h	12.957	−0.098%	$345K	$33K	10x	as long as short