LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%

Price spread now: Aevo against Derive+0.014%7-day average — · you sell dearer than you buy

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

Long on Derive Short on Aevo

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Derive LINK-PERP	13.181	0.0100	pay 0.0013% / 1h	7m 25s	$16K	$22K	10x
Short	Aevo LINK-PERP	13.183	0.0104	get 0.0013% / 1h	7m 25s	$553K	$2K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Derive. 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 DerivebpFee AevobpOrdersPrice spread, now +0.014%Rate

Funding earned: $0.84
Price spread: +0.014% → 0.000%: $1.42
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$19.74
Costs to cover: 0.220%
Break-even: 171.5 days

Slippage unknown: Derive: no order-book sample; Aevo: live order book, 2 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 Derive no order-book sample	—	—	—	—	—
Sell Aevo live order book, 2 min ago	18.58 bp	31.0 bp −$31	166.8 bp −$1,668	doesn't fit	doesn't fit

Derive: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX LINK/USD [LINK-USDC]	L −0.0091% / S +0.0167%	1h	13.182	+0.011%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.191	+0.076%	$465K	$2.2M	3.7x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0007%	1h	13.175	−0.043%	$134K	—	150x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−5.924%	$4K	$48K	12x	as long as short
Phoenix LINK	+0.0036%	1h	13.189	+0.062%	$4K	$89K	10x	as long as short
Orderly PERP_LINK_USDC	+0.0070%	8h	13.181	+0.001%	$133K	$1.5M	20x	as long as short
Lighter LINK	+0.0096%	1h	13.183	+0.020%	$2.0M	$2.8M	10x	as long as short
Deribit LINK_USDC-PERPETUAL	+0.0099%	1h	13.189	+0.059%	$783K	$212K	50x	as long as short
Paradex LINK-USD-PERP	+0.0099%	8h	13.239	+0.444%	$32K	$2K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	13.177	−0.033%	$404K	$307K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LINKUSDT	+0.0100%	8h	13.184	+0.027%	$1.4M	$3.0M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.185	+0.028%	$276K	$154K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.178	−0.022%	$122.3M	$297.8M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.171	−0.074%	$84.9M	$70.5M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.171	−0.074%	$27.6M	$83.9M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.196	+0.115%	$185K	$167K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.182	+0.009%	$130.5M	$12.5M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.176	−0.037%	$36.6M	$59.2M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.179	−0.014%	$23.0M	$14.4M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.172	−0.067%	$54.6M	$30.1M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	13.176	−0.037%	—	$6.6M	—	as long as short
Variational Omni LINK	+0.0100%	8h	13.169	−0.087%	$3.4M	$1.5M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.193	+0.095%	$44K	$309K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.184	+0.024%	$591K	$2.7M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.199	+0.138%	$154K	$670K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.178	−0.021%	$82K	$69K	10x	as long as short
Derive LINK-PERPlong	+0.0100%	1h	13.181	long leg	$16K	$22K	10x
SunX LINK-USDT	+0.0100%	8h	13.195	+0.111%	$34K	$1.5M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.183	+0.017%	$14K	$32K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.168	−0.096%	$649K	$866K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.178	−0.022%	$670K	$1.9M	25x	as long as short
Aevo LINK-PERPshort	+0.0104%	1h	13.183	+0.014%	$553K	$2K	3x
Coinbase International LINK-PERP-INTX	+0.0120%	1h	13.178	−0.021%	$1.0M	$2.7M	50x	as long as short
Backpack LINK_USDC_PERP	+0.0165%	1h	13.188	+0.055%	$365K	$361K	15x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.170	−0.082%	$5.2M	$15.5M	75x	as long as short
Kraken Futures PF_LINKUSD	+0.0364%	1h	13.194	+0.101%	$6.9M	$8.0M	50x	as long as short
Reya LINKRUSDPERP	+0.0382%	1h	13.169	−0.086%	$5K	—	20x	as long as short
dYdX LINK-USD	+0.0438%	1h	13.183	+0.019%	$349K	$48K	10x	as long as short
Phemex LINKUSDT	+0.0478%	8h	13.198	+0.130%	$20.4M	$11.5M	50x	as long as short
Hyperliquid LINK	+0.0548%	1h	13.191	+0.077%	$81.5M	$25.0M	10x	as long as short