data as of
Settings8H · net · $10k
Funding arb /

LINK

all LINK markets
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Funding spread now, next payment 00:00 UTC+0.0219%/8h
next payment, per $10,000+$2.19paid, last 24h+0.012%paid, last 7 days+0.063%to open and close $10k−$31
The current rate is far above what this pair has been paying: over the last 7 days it paid 0.063% in total (about 3.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.19 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit LINKUSDT12.823−0.0132get 0.0132% / 8h6h 36m$81.4M$61.4M75x
ShortBitget LINKUSDT12.8350.0087get 0.0087% / 8h6h 36m$53.5M$29.1M75x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$46.04
Slippage, 4 orders
−$8.02
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
$15.02
Break-even
4.7 days
Slippage from Bybit: live order book, 4 min ago; Bitget: live order book, 4 min ago.

Price risk

price view
Price gap now
+0.094%
Avg gap 7d
−0.002%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago0.39 bp7.9 bp −$816.0 bp −$16045.1 bp −$4,506doesn't fit
Sell Bitget live order book, 4 min ago0.39 bp7.9 bp −$89.0 bp −$9021.8 bp −$2,178doesn't fit

LINK on 39 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_LINKUSD−0.0330%1h$6.0M$6.6M50xas long as short
Bybit LINKUSDTlong−0.0132%8h$81.4M$61.4M75x
GMX LINK/USD [LINK-USDC]L −0.0092% / S +0.0163%1h$1.7M200xas long as short
Variational Omni LINK−0.0085%8h$3.2M$1.2Mas long as short
Phoenix LINK−0.0080%1h$3K$46K10xas long as short
OKX LINK-USDT-SWAP−0.0042%8h$26.8M$85.4M50xas long as short
Extended LINK-USD−0.0016%1h$663K$1.8M25xas long as short
dYdX LINK-USD0.0000%1h$340K$60K10xas long as short
Kalshi KXLINKPERP0.0000%8h$457K$2.2M3.7xas long as short
Gate LINK_USDT+0.0003%8h$129.5M$11.7M75xas long as short
Show all 39 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
gTrade (Gains Network) LINK/USDL +0.0004% / S −0.0007%1h$174K150xas long as short
MEXC LINK_USDT+0.0020%8h$31.2M$56.6M300xas long as short
Binance LINKUSDT+0.0021%8h$117.3M$286.5M75xas long as short
SoDEX LINK-USD+0.0031%1h$8K$36K10xas long as short
Injective LINK/USDC PERP+0.0033%1h$4K$48K12xas long as short
HTX LINK-USDT+0.0057%8h$620K$975K75xas long as short
Paradex LINK-USD-PERP+0.0060%8h$31K$2K20xas long as short
Orderly PERP_LINK_USDC+0.0070%8h$137K$1.7M20xas long as short
Coinbase International LINK-PERP-INTX+0.0072%1h$985K$2.5M50xas long as short
BloFin LINK-USDT+0.0082%8h$5.2M$13.0M75xas long as short
Bitget LINKUSDTshort+0.0087%8h$53.5M$29.1M75x
BingX LINK-USDT+0.0087%8h$19.8Mas long as short
Aevo LINK-PERP+0.0088%1h$539K$3403xas long as short
Lighter LINK+0.0096%1h$2.0M$2.4M10xas long as short
Nado LINK-PERP+0.0100%1h$422K$333K10xas long as short
Hyperliquid LINK+0.0100%1h$75.2M$21.8M10xas long as short
Aster LINKUSDT+0.0100%8h$1.4M$2.4M50xas long as short
Pacifica LINK+0.0100%1h$269K$162K10xas long as short
Arcus LINK-USD+0.0100%1h$180K$186K10xas long as short
KuCoin LINKUSDTM+0.0100%8h$21.0M$16.7M75xas long as short
Backpack LINK_USDC_PERP+0.0100%1h$349K$378K15xas long as short
edgeX LINKUSDC+0.0100%4h$43K$306K20xas long as short
ApeX Omni LINKUSDT+0.0100%1h$130K$650K50xas long as short
Polymarket Perps LINK-USD+0.0100%1h$76K$54K10xas long as short
Derive LINK-PERP+0.0100%1h$27K$10K10xas long as short
SunX LINK-USDT+0.0100%8h$33K$1.5M30xas long as short
Deribit LINK_USDC-PERPETUAL+0.0148%1h$681K$108K50xas long as short
Reya LINKRUSDPERP+0.0362%1h$4K$40020xas long as short
Phemex LINKUSDT+0.0434%8h$20.0M$11.3M50xas long as short