Funding arb · Price arb /

LINK

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: HTX against Aster−0.064%7-day average −0.113% · you buy dearer than you sell

Net, funding: paid 7d − costs−$69as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$690.689% of the position

Long on Aster Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.003%$0 on $10k

Price spread, last 3 days (all we have)−0.015%−$1 · spread now −0.064%, 7d avg −0.113%

Together, before fees−0.018%+ Points / potential airdropAster: Stage 5 · farm board−$2 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: HTX is 0.049% dearer against Aster than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.113%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster LINKUSDT	13.167	0.0100	pay 0.0100% / 8h	1h 13m	$1.4M	$2.9M	50x
Short	HTX LINK-USDT	13.159	0.0100	get 0.0100% / 8h	1h 13m	$647K	$894K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Aster. 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 AsterbpFee HTXbpOrdersPrice spread, now −0.064%Rate

Funding earned: $0
Price spread: −0.064% → −0.113%: $4.87
Slippage, 4 orders: −$48.92
Fee Aster: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: −$64.05
Costs to cover: 0.689%
Break-even: never at this rate

Slippage from Aster: live order book, 5 min ago; HTX: live order book, 5 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 Aster live order book, 5 min ago	1.52 bp	7.8 bp −$8	18.2 bp −$182	doesn't fit	doesn't fit
Sell HTX live order book, 5 min ago	18.77 bp	25.7 bp −$26	220.3 bp −$2,203	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	13.179	+0.091%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.196	+0.215%	$462K	$2.3M	3.7x	as long as short
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	13.182	+0.111%	$720K	$125K	50x	as long as short
dYdX LINK-USD	+0.0003%	1h	13.167	−0.001%	$349K	$48K	10x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0006%	1h	13.162	−0.038%	$133K	—	150x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−5.828%	$4K	$48K	12x	as long as short
Phoenix LINK	+0.0037%	1h	13.183	+0.117%	$3K	$81K	10x	as long as short
Orderly PERP_LINK_USDC	+0.0041%	8h	13.176	+0.066%	$134K	$1.5M	20x	as long as short
Lighter LINK	+0.0096%	1h	13.163	−0.030%	$2.0M	$2.7M	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	13.161	−0.048%	$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	13.159	−0.065%	$403K	$314K	10x	as long as short
Hyperliquid LINK	+0.0100%	1h	13.173	+0.043%	$77.8M	$24.0M	10x	as long as short
Aster LINKUSDTlong	+0.0100%	8h	13.167	long leg	$1.4M	$2.9M	50x
Pacifica LINK	+0.0100%	1h	13.166	−0.010%	$276K	$148K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.157	−0.079%	$122.2M	$303.0M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.156	−0.086%	$84.9M	$70.6M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.158	−0.071%	$27.7M	$86.0M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.177	+0.073%	$185K	$172K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.165	−0.018%	$130.5M	$12.8M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.159	−0.063%	$36.3M	$56.9M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.162	−0.041%	$22.4M	$15.5M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.155	−0.094%	$54.8M	$30.6M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	13.156	−0.086%	—	$6.6M	—	as long as short
Variational Omni LINK	+0.0100%	8h	13.184	+0.125%	$3.3M	$1.5M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.179	+0.091%	$44K	$309K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.184	+0.126%	$598K	$2.7M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.187	+0.149%	$153K	$670K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.160	−0.056%	$82K	$69K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.175	+0.060%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.194	+0.199%	$34K	$1.6M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.176	+0.066%	$5K	$36K	10x	as long as short
HTX LINK-USDTshort	+0.0100%	8h	13.159	−0.064%	$647K	$894K	75x
Extended LINK-USD	+0.0104%	1h	13.150	−0.129%	$678K	$1.8M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	13.180	+0.098%	$553K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0120%	1h	13.192	+0.187%	$995K	$2.8M	50x	as long as short
Backpack LINK_USDC_PERP	+0.0212%	1h	13.183	+0.119%	$365K	$376K	15x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.183	+0.119%	$5.2M	$17.0M	75x	as long as short
Reya LINKRUSDPERP	+0.0376%	1h	13.155	−0.091%	$5K	—	20x	as long as short
Phemex LINKUSDT	+0.0468%	8h	13.190	+0.172%	$20.4M	$11.5M	50x	as long as short
Kraken Futures PF_LINKUSD	+0.0693%	1h	13.184	+0.124%	$7.0M	$8.1M	50x	as long as short