Settings8H · net · $10k
Funding arb · Price arb /

LINK

all LINK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0121%/8h= −13.2% APRnext payment $1.21 per $10,000 · paid last 24h −0.038%
Price spread now: Paradex against BloFin+0.191%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
The price spread pays, funding is against you. Paradex is 0.191% dearer against BloFin than usual: you sell high and buy low (spread +0.191% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 5.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin LINK-USDT13.2260.0220pay 0.0220% / 8h3h 32m$5.2M$16.3M75x
ShortParadex LINK-USD-PERP13.2510.0099get 0.0099% / 8h3h 32m$32K$3K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against BloFin. 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

Funding earned
−$25.32
Price spread: +0.191% → 0.000%
$19.07
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$22.25
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: BloFin: live order book, 17 min ago; Paradex: 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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 17 min ago1.91 bp7.9 bp −$811.2 bp −$11222.5 bp −$2,24658.5 bp −$29.3K
Sell Paradex no order-book sample
Paradex: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX LINK/USD [LINK-USDC]L −0.0092% / S +0.0165%1h13.224−0.019%$1.7M200xas long as short
Variational Omni LINK−0.0028%8h13.192−0.259%$3.4M$1.3Mas long as short
Phoenix LINK−0.0012%1h13.236+0.076%$3K$79K10xas long as short
dYdX LINK-USD0.0000%1h13.253+0.202%$351K$60K10xas long as short
Kalshi KXLINKPERP0.0000%8h13.242+0.119%$461K$2.3M3.7xas long as short
Deribit LINK_USDC-PERPETUAL0.0000%1h13.221−0.036%$704K$108K50xas long as short
gTrade (Gains Network) LINK/USDL +0.0004% / S −0.0008%1h13.225−0.008%$157K150xas long as short
Kraken Futures PF_LINKUSD+0.0025%1h13.230+0.031%$6.2M$6.5M50xas long as short
Injective LINK/USDC PERP+0.0033%1h12.400−6.245%$4K$48K12xas long as short
Coinbase International LINK-PERP-INTX+0.0056%1h13.2260.000%$998K$2.7M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_LINK_USDC+0.0066%8h13.214−0.091%$138K$1.6M20xas long as short
OKX LINK-USDT-SWAP+0.0081%8h13.255+0.219%$28.2M$85.5M50xas long as short
Lighter LINK+0.0096%1h13.254+0.208%$2.1M$2.3M10xas long as short
Bybit LINKUSDT+0.0097%8h13.248+0.166%$85.4M$66.6M75xas long as short
Paradex LINK-USD-PERPshort+0.0099%8h13.251+0.191%$32K$3K20x
Nado LINK-PERP+0.0100%1h13.212−0.106%$403K$313K10xas long as short
Hyperliquid LINK+0.0100%1h13.266+0.302%$78.1M$22.3M10xas long as short
Aster LINKUSDT+0.0100%8h13.257+0.235%$1.4M$2.6M50xas long as short
Pacifica LINK+0.0100%1h13.254+0.212%$277K$161K10xas long as short
Binance LINKUSDT+0.0100%8h13.249+0.173%$122.6M$297.2M75xas long as short
Arcus LINK-USD+0.0100%1h13.264+0.287%$200K$154K10xas long as short
Gate LINK_USDT+0.0100%8h13.247+0.159%$132.3M$12.4M75xas long as short
MEXC LINK_USDT+0.0100%8h13.251+0.189%$35.6M$55.8M300xas long as short
KuCoin LINKUSDTM+0.0100%8h13.254+0.212%$21.8M$15.9M75xas long as short
Bitget LINKUSDT+0.0100%8h13.251+0.189%$55.1M$30.0M75xas long as short
BingX LINK-USDC+0.0100%8h13.248+0.166%$6.6Mas long as short
edgeX LINKUSDC+0.0100%4h13.197−0.222%$44K$308K20xas long as short
GRVT LINK_USDT_Perp+0.0100%8h13.198−0.211%$601K$2.8M10xas long as short
ApeX Omni LINKUSDT+0.0100%1h13.274+0.363%$154K$658K50xas long as short
Polymarket Perps LINK-USD+0.0100%1h13.220−0.045%$79K$59K10xas long as short
Derive LINK-PERP+0.0100%1h13.215−0.086%$25K$13K10xas long as short
SunX LINK-USDT+0.0100%8h13.230+0.034%$34K$1.5M30xas long as short
SoDEX LINK-USD+0.0100%1h13.218−0.060%$5K$40K10xas long as short
HTX LINK-USDT+0.0100%8h13.201−0.188%$644K$887K75xas long as short
Extended LINK-USD+0.0104%1h13.242+0.118%$676K$1.9M25xas long as short
Aevo LINK-PERP+0.0104%1h13.220−0.045%$556K$3403xas long as short
Backpack LINK_USDC_PERP+0.0108%1h13.265+0.295%$363K$376K15xas long as short
BloFin LINK-USDTlong+0.0220%8h13.226long leg$5.2M$16.3M75x
Reya LINKRUSDPERP+0.0370%1h13.217−0.071%$5K20xas long as short
Phemex LINKUSDT+0.0455%8h13.257+0.234%$20.5M$11.4M50xas long as short