LINK

Alert

Funding spread now, next payment 00:00 UTC+0.0503%/8h

next payment, per $10,000+$5.03paid, last 24h+0.065%paid, last 7 days+0.199%to open and close $10k−$44

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.199% in total (about 10.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.03 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster LINKUSDT	12.973	0.0100	pay 0.0100% / 8h	7h 23m	$1.4M	$2.4M	50x
Short	Phemex LINKUSDT	12.992	0.0603	get 0.0603% / 8h	7h 23m	$20.2M	$11.2M	50x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee PhemexbpOrdersRate

Funding earned: $105.59
Slippage, 4 orders: −$23.94
Fee Aster: 4 bp × 2 orders: −$8
Fee Phemex: 6 bp × 2 orders: −$12
Net: $61.65
Break-even: 2.9 days

Slippage from Aster: live order book, 1 min ago; Phemex: live order book, 2 min ago.

Price risk

price view

Price gap now: +0.144%
Avg gap 7d: +0.059%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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, 1 min ago	1.93 bp	6.5 bp −$7	14.7 bp −$147	doesn't fit	doesn't fit
Sell Phemex live order book, 2 min ago	3.85 bp	13.8 bp −$14	19.8 bp −$198	doesn't fit	doesn't fit

LINK on 39 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Kraken Futures PF_LINKUSD	−0.0386%	1h	$6.0M	$6.8M	50x	as long as short
SoDEX LINK-USD	−0.0092%	1h	$8K	$38K	10x	as long as short
GMX LINK/USD [LINK-USDC]	L −0.0089% / S +0.0161%	1h	$1.7M	—	200x	as long as short
Variational Omni LINK	−0.0063%	8h	$3.2M	$1.2M	—	as long as short
Phoenix LINK	−0.0061%	1h	$3K	$49K	10x	as long as short
HTX LINK-USDT	−0.0039%	8h	$637K	$1.0M	75x	as long as short
Extended LINK-USD	−0.0024%	1h	$677K	$1.8M	25x	as long as short
OKX LINK-USDT-SWAP	−0.0005%	8h	$27.4M	$90.8M	50x	as long as short
dYdX LINK-USD	0.0000%	1h	$344K	$60K	10x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	$460K	$2.2M	3.7x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	$694K	$85K	50x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0008%	1h	$190K	—	150x	as long as short
Bybit LINKUSDT	+0.0006%	8h	$80.3M	$59.9M	75x	as long as short
MEXC LINK_USDT	+0.0032%	8h	$33.3M	$57.5M	300x	as long as short
Binance LINKUSDT	+0.0033%	8h	$119.0M	$289.6M	75x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	$4K	$75K	12x	as long as short
Paradex LINK-USD-PERP	+0.0045%	8h	$31K	$2K	20x	as long as short
Gate LINK_USDT	+0.0046%	8h	$131.0M	$12.0M	75x	as long as short
Coinbase International LINK-PERP-INTX	+0.0072%	1h	$1.0M	$2.7M	50x	as long as short
Orderly PERP_LINK_USDC	+0.0083%	8h	$148K	$1.7M	20x	as long as short
Aevo LINK-PERP	+0.0088%	1h	$546K	$340	3x	as long as short
Lighter LINK	+0.0096%	1h	$1.9M	$2.0M	10x	as long as short
Nado LINK-PERP	+0.0100%	1h	$427K	$350K	10x	as long as short
Hyperliquid LINK	+0.0100%	1h	$76.6M	$22.0M	10x	as long as short
Aster LINKUSDTlong	+0.0100%	8h	$1.4M	$2.4M	50x
Pacifica LINK	+0.0100%	1h	$271K	$166K	10x	as long as short
Arcus LINK-USD	+0.0100%	1h	$183K	$192K	10x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	$21.4M	$17.2M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	$53.9M	$30.3M	75x	as long as short
BingX LINK-USDT	+0.0100%	8h	—	$20.5M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	$364K	$372K	15x	as long as short
edgeX LINKUSDC	+0.0100%	4h	$43K	$309K	20x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	$132K	$656K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	$78K	$51K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	$28K	$10K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	$33K	$1.6M	30x	as long as short
BloFin LINK-USDT	+0.0140%	8h	$5.2M	$13.0M	75x	as long as short
Reya LINKRUSDPERP	+0.0360%	1h	$4K	$400	20x	as long as short
Phemex LINKUSDTshort	+0.0603%	8h	$20.2M	$11.2M	50x