LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0059%/8h= −6.4% APRnext payment −$0.59 per $10,000 · paid last 24h −0.001%

Price spread now: Orderly against Aster−0.016%7-day average −0.009% · you buy dearer than you sell

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

Long on Aster Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.006%−$1 on $10k

Price spread, last 3 days (all we have)+0.060%+$6 · spread now −0.016%, 7d avg −0.009%

Together, before fees+0.054%+ Points / potential airdropAster: Stage 5 · farm board+$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster LINKUSDT	13.124	0.0100	pay 0.0100% / 8h	1h 31m	$1.5M	$2.8M	50x
Short	Orderly PERP_LINK_USDC	13.122	0.0041	get 0.0041% / 8h	1h 31m	$133K	$1.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.016%Rate

Funding earned: −$12.33
Price spread: −0.016% → −0.009%: −$0.65
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$26.98
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 2 min ago; Orderly: 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 Aster live order book, 2 min ago	1.52 bp	13.8 bp −$14	26.1 bp −$261	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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 −0.0090% / S +0.0167%	1h	13.125	+0.009%	$1.8M	—	200x	as long as short
dYdX LINK-USD	0.0000%	1h	13.123	−0.005%	$348K	$48K	10x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.138	+0.108%	$461K	$2.3M	3.7x	as long as short
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	13.128	+0.027%	$717K	$125K	50x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0006%	1h	13.126	+0.017%	$133K	—	150x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−5.517%	$4K	$48K	12x	as long as short
Phoenix LINK	+0.0037%	1h	13.166	+0.321%	$3K	$81K	10x	as long as short
Orderly PERP_LINK_USDCshort	+0.0041%	8h	13.122	−0.016%	$133K	$1.5M	20x
Lighter LINK	+0.0096%	1h	13.122	−0.014%	$2.1M	$2.4M	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	13.119	−0.038%	$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	13.127	+0.019%	$399K	$313K	10x	as long as short
Hyperliquid LINK	+0.0100%	1h	13.130	+0.045%	$77.5M	$23.8M	10x	as long as short
Aster LINKUSDTlong	+0.0100%	8h	13.124	long leg	$1.5M	$2.8M	50x
Pacifica LINK	+0.0100%	1h	13.121	−0.021%	$275K	$149K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.119	−0.039%	$121.7M	$302.5M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.118	−0.046%	$84.6M	$70.1M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.116	−0.061%	$27.6M	$85.6M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.136	+0.091%	$184K	$172K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.123	−0.008%	$130.3M	$12.7M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.117	−0.054%	$36.3M	$56.3M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.123	−0.008%	$22.2M	$15.6M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.115	−0.069%	$54.6M	$30.4M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	13.116	−0.061%	—	$6.6M	—	as long as short
Variational Omni LINK	+0.0100%	8h	13.155	+0.236%	$3.3M	$1.5M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.142	+0.140%	$44K	$308K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.146	+0.167%	$594K	$2.7M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.148	+0.182%	$153K	$668K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.124	0.000%	$80K	$68K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.121	−0.023%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.144	+0.152%	$34K	$1.6M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.127	+0.022%	$5K	$38K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.119	−0.040%	$645K	$894K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.112	−0.090%	$675K	$1.8M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	13.127	+0.019%	$550K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0120%	1h	13.129	+0.038%	$992K	$2.7M	50x	as long as short
Backpack LINK_USDC_PERP	+0.0175%	1h	13.131	+0.053%	$364K	$375K	15x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.140	+0.121%	$5.2M	$17.0M	75x	as long as short
Reya LINKRUSDPERP	+0.0376%	1h	13.122	−0.014%	$5K	—	20x	as long as short
Phemex LINKUSDT	+0.0474%	8h	13.143	+0.144%	$20.3M	$11.5M	50x	as long as short
Kraken Futures PF_LINKUSD	+0.0696%	1h	13.139	+0.113%	$6.9M	$8.1M	50x	as long as short