LINK

Alert

Funding spread now, next payment 16:00 UTC−0.0048%/8h

paid, last 24h−0.030%paid, last 5 days−0.101%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit LINKUSDT	12.944	−0.0014	get 0.0014% / 8h	7h 21m	$80.2M	$59.7M	75x
Short	Phoenix LINK	12.976	−0.0061	pay 0.0008% / 1h	21m 26s	$3K	$49K	10x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee PhoenixbpOrdersRate

Funding earned: −$10.05
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$28.05
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 4 min ago; Phoenix: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: +0.249%
Avg gap 7d: —

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 Bybit live order book, 4 min ago	0.38 bp	7.0 bp −$7	11.6 bp −$116	38.8 bp −$3,876	doesn't fit
Sell Phoenix no order-book sample	—	—	—	—	—

Phoenix: 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 39 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Kraken Futures PF_LINKUSD	−0.0387%	1h	$6.0M	$6.8M	50x	as long as short
SoDEX LINK-USD	−0.0105%	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 LINKshort	−0.0061%	1h	$3K	$49K	10x
HTX LINK-USDT	−0.0059%	8h	$637K	$1.0M	75x	as long as short
Extended LINK-USD	−0.0032%	1h	$676K	$1.8M	25x	as long as short
Bybit LINKUSDTlong	−0.0014%	8h	$80.2M	$59.7M	75x
OKX LINK-USDT-SWAP	−0.0008%	8h	$27.4M	$90.5M	50x	as long as short
dYdX LINK-USD	0.0000%	1h	$343K	$60K	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Kalshi KXLINKPERP	0.0000%	8h	$458K	$2.2M	3.7x	as long as short
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	$693K	$85K	50x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0008%	1h	$189K	—	150x	as long as short
Gate LINK_USDT	+0.0019%	8h	$130.7M	$12.0M	75x	as long as short
Binance LINKUSDT	+0.0030%	8h	$118.8M	$289.1M	75x	as long as short
MEXC LINK_USDT	+0.0032%	8h	$33.2M	$57.5M	300x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	$4K	$75K	12x	as long as short
Paradex LINK-USD-PERP	+0.0042%	8h	$31K	$2K	20x	as long as short
Coinbase International LINK-PERP-INTX	+0.0072%	1h	$1.0M	$2.6M	50x	as long as short
Orderly PERP_LINK_USDC	+0.0080%	8h	$146K	$1.7M	20x	as long as short
Aevo LINK-PERP	+0.0088%	1h	$545K	$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	$76.4M	$22.0M	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	$1.4M	$2.4M	50x	as long as short
Pacifica LINK	+0.0100%	1h	$271K	$166K	10x	as long as short
Arcus LINK-USD	+0.0100%	1h	$182K	$192K	10x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	$21.4M	$17.1M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	$53.8M	$30.1M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	—	$6.6M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	$363K	$371K	15x	as long as short
edgeX LINKUSDC	+0.0100%	4h	$43K	$310K	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	+0.0131%	8h	$5.2M	$13.0M	75x	as long as short
Reya LINKRUSDPERP	+0.0360%	1h	$4K	$400	20x	as long as short
Phemex LINKUSDT	+0.0554%	8h	$20.2M	$11.2M	50x	as long as short