LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.046%

Price spread now: Variational Omni against BloFin+0.261%7-day average −0.029% · you sell dearer than you buy

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

Long on BloFin Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.146%−$15 on $10k

Price spread, last 4 days (all we have)−0.470%−$47 · spread now +0.261%, 7d avg −0.029%

Together, before fees−0.616%+ Points / potential airdropVariational Omni: Active · farm board−$62 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Variational Omni is 0.290% dearer against BloFin than usual: you sell high and buy low (spread +0.261% now, against its 7-day average of −0.029%): +$29 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 8.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin LINK-USDT	13.004	0.0220	pay 0.0220% / 8h	5h 13m	$5.3M	$15.8M	75x
Short	Variational Omni LINK	13.038	0.0100	get 0.0100% / 8h	5h 13m	$3.4M	$1.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Position, each leg$Hold fordaysFee BloFinbpFee Variational OmnibpOrdersPrice spread, now +0.261%Rate

Funding earned: −$25.2
Price spread: +0.261% → −0.029%: $29.05
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$8.15
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: BloFin: live order book, 6 min ago; Variational Omni: RFQ quote, 1 min ago. 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 BloFin live order book, 6 min ago	0.77 bp	6.8 bp −$7	9.8 bp −$98	27.1 bp −$2,709	doesn't fit
Sell Variational Omni RFQ quote, 1 min ago	3.11 bp	doesn't fit	12.3 bp −$123	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	13.004	−0.001%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.006	+0.014%	$482K	$2.2M	3.7x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0009%	1h	13.005	+0.005%	$160K	—	150x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−4.645%	$4K	$48K	12x	as long as short
Orderly PERP_LINK_USDC	+0.0064%	8h	12.994	−0.077%	$117K	$1.5M	20x	as long as short
Coinbase International LINK-PERP-INTX	+0.0064%	1h	13.041	+0.285%	$965K	$2.7M	50x	as long as short
Deribit LINK_USDC-PERPETUAL	+0.0073%	1h	13.002	−0.015%	$772K	$175K	50x	as long as short
Lighter LINK	+0.0096%	1h	12.999	−0.040%	$1.9M	$2.8M	10x	as long as short
Phoenix LINK	+0.0098%	1h	13.026	+0.166%	$3K	$84K	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	13.012	+0.062%	$31K	$2K	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	13.006	+0.015%	$393K	$311K	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	13.004	−0.002%	$1.3M	$2.3M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.017	+0.102%	$275K	$173K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	12.995	−0.069%	$120.1M	$296.5M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	12.992	−0.092%	$83.9M	$71.7M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	12.991	−0.100%	$27.4M	$82.4M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.030	+0.200%	$182K	$165K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	12.999	−0.038%	$128.4M	$12.8M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	12.996	−0.062%	$32.4M	$57.4M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	12.999	−0.038%	$22.9M	$13.4M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	12.991	−0.100%	$54.0M	$29.7M	75x	as long as short
BingX LINK-USDT	+0.0100%	8h	12.993	−0.085%	—	$22.4M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	12.999	−0.038%	$344K	$385K	15x	as long as short
Variational Omni LINKshort	+0.0100%	8h	13.038	+0.261%	$3.4M	$1.6M	—
edgeX LINKUSDC	+0.0100%	4h	13.032	+0.212%	$43K	$307K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.034	+0.231%	$589K	$2.7M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.039	+0.269%	$134K	$673K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.017	+0.100%	$81K	$70K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	12.996	−0.063%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.031	+0.207%	$33K	$1.5M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	12.998	−0.046%	$11K	$63K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	12.976	−0.214%	$640K	$690K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	12.988	−0.120%	$647K	$2.0M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	13.001	−0.026%	$545K	$2K	3x	as long as short
BloFin LINK-USDTlong	+0.0220%	8h	13.004	long leg	$5.3M	$15.8M	75x
Reya LINKRUSDPERP	+0.0387%	1h	13.007	+0.022%	$4K	—	20x	as long as short
dYdX LINK-USD	+0.0490%	1h	13.012	+0.061%	$345K	$30K	10x	as long as short
Kraken Futures PF_LINKUSD	+0.0554%	1h	13.002	−0.018%	$6.8M	$8.1M	50x	as long as short
Phemex LINKUSDT	+0.0596%	8h	13.011	+0.054%	$20.1M	$11.4M	50x	as long as short
Hyperliquid LINK	+0.0653%	1h	13.012	+0.062%	$81.9M	$27.3M	10x	as long as short