Funding you earn now, next payment 03:00 UTC−0.0532%/8h= −58.2% APRpaid last 24h −0.024%
Price spread now: edgeX against dYdX+0.028%51s7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1331.329% of the position
Funding, last 7 days−0.248%−$25 on $10k
+Price spread, last 4 days (all we have)+0.749%+$75 · spread now +0.028%, 7d avg −0.018%
=Together, before fees+0.501%+ Points / potential airdropedgeX: Active · farm board+$50 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.047% dearer against dYdX than usual: you sell high and buy low (spread +0.028% now, against its 7-day average of −0.018%): +$5 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.248% in total) that is about 32 hours. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.248% in total (about -12.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX LINK-USD | 13.023 | 0.0632 | pay 0.0079% / 1h | 56m 27s | $345K | $30K | 10x |
| Short | edgeX LINKUSDC | 13.027 | 0.0100 | get 0.0050% / 4h | 1h 56m | $43K | $307K | 20x |
dYdX LINK-USD
edgeX LINKUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against dYdX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$111.65
- Price spread: +0.028% → −0.018%
- $4.66
- Slippage, 4 orders
- −$113.85
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$239.84
- Costs to cover
- 1.329%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 8 min ago; edgeX: live order book, 7 min ago.
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 dYdX live order book, 8 min ago | 54.59 bp | 59.6 bp −$60 | 59.6 bp −$596 | 131.3 bp −$13.1K | 421.1 bp −$210.6K |
| Sell edgeX live order book, 7 min ago | 2.30 bp | 6.9 bp −$7 | 10.3 bp −$103 | doesn't fit | doesn't fit |
LINK on 39 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 | 12.980 | −0.329% | $1.8M | — | 200x | as long as short |
| Kalshi KXLINKPERP | 0.0000% | 8h | 12.981 | −0.319% | $469K | $2.2M | 3.7x | as long as short |
| gTrade (Gains Network) LINK/USD | L +0.0004% / S −0.0009% | 1h | 13.031 | +0.063% | $160K | — | 150x | as long as short |
| Injective LINK/USDC PERP | +0.0033% | 1h | 12.400 | −4.783% | $4K | $48K | 12x | as long as short |
| Phoenix LINK | +0.0049% | 1h | 13.030 | +0.056% | $3K | $83K | 10x | as long as short |
| Coinbase International LINK-PERP-INTX | +0.0064% | 1h | 13.018 | −0.038% | $953K | $2.6M | 50x | as long as short |
| Orderly PERP_LINK_USDC | +0.0068% | 8h | 12.977 | −0.352% | $117K | $1.5M | 20x | as long as short |
| Lighter LINK | +0.0096% | 1h | 13.029 | +0.045% | $1.9M | $2.8M | 10x | as long as short |
| Paradex LINK-USD-PERP | +0.0100% | 8h | 13.039 | +0.126% | $31K | $2K | 20x | as long as short |
| Nado LINK-PERP | +0.0100% | 1h | 13.033 | +0.078% | $396K | $316K | 10x | as long as short |
GMX LINK/USD [LINK-USDC]
Kalshi KXLINKPERP
gTrade (Gains Network) LINK/USD
Injective LINK/USDC PERP
Phoenix LINK
Coinbase International LINK-PERP-INTX
Orderly PERP_LINK_USDC
Lighter LINK
Paradex LINK-USD-PERP
Nado LINK-PERPShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster LINKUSDT | +0.0100% | 8h | 13.022 | −0.007% | $1.3M | $2.3M | 50x | as long as short |
| Pacifica LINK | +0.0100% | 1h | 13.032 | +0.070% | $275K | $168K | 10x | as long as short |
| Binance LINKUSDT | +0.0100% | 8h | 13.042 | +0.147% | $120.0M | $296.9M | 75x | as long as short |
| Bybit LINKUSDT | +0.0100% | 8h | 13.036 | +0.101% | $84.3M | $71.1M | 75x | as long as short |
| OKX LINK-USDT-SWAP | +0.0100% | 8h | 13.038 | +0.116% | $27.5M | $82.7M | 50x | as long as short |
| Arcus LINK-USD | +0.0100% | 1h | 13.052 | +0.224% | $183K | $165K | 10x | as long as short |
| Gate LINK_USDT | +0.0100% | 8h | 13.022 | −0.007% | $128.5M | $12.5M | 75x | as long as short |
| MEXC LINK_USDT | +0.0100% | 8h | 13.039 | +0.124% | $32.3M | $56.7M | 300x | as long as short |
| KuCoin LINKUSDTM | +0.0100% | 8h | 13.043 | +0.154% | $23.1M | $13.7M | 75x | as long as short |
| Bitget LINKUSDT | +0.0100% | 8h | 13.036 | +0.101% | $54.2M | $30.2M | 75x | as long as short |
| BingX LINK-USDC | +0.0100% | 8h | 13.042 | +0.147% | — | $6.6M | — | as long as short |
| Backpack LINK_USDC_PERP | +0.0100% | 1h | 12.992 | −0.237% | $339K | $378K | 15x | as long as short |
| Variational Omni LINK | +0.0100% | 8h | 13.019 | −0.028% | $3.4M | $1.6M | — | as long as short |
| edgeX LINKUSDCshort | +0.0100% | 4h | 13.027 | +0.028% | $43K | $307K | 20x | |
| GRVT LINK_USDT_Perp | +0.0100% | 8h | 13.023 | +0.003% | $588K | $2.7M | 10x | as long as short |
| ApeX Omni LINKUSDT | +0.0100% | 1h | 13.039 | +0.124% | $134K | $672K | 50x | as long as short |
| Polymarket Perps LINK-USD | +0.0100% | 1h | 13.046 | +0.177% | $81K | $70K | 10x | as long as short |
| Derive LINK-PERP | +0.0100% | 1h | 12.977 | −0.351% | $16K | $22K | 10x | as long as short |
| SunX LINK-USDT | +0.0100% | 8h | 12.991 | −0.246% | $34K | $1.5M | 30x | as long as short |
| SoDEX LINK-USD | +0.0100% | 1h | 12.976 | −0.360% | $5K | $46K | 10x | as long as short |
| HTX LINK-USDT | +0.0100% | 8h | 12.972 | −0.393% | $640K | $686K | 75x | as long as short |
| Extended LINK-USD | +0.0104% | 1h | 13.037 | +0.111% | $703K | $2.0M | 25x | as long as short |
| Aevo LINK-PERP | +0.0104% | 1h | 12.978 | −0.345% | $544K | $2K | 3x | as long as short |
| Deribit LINK_USDC-PERPETUAL | +0.0197% | 1h | 12.983 | −0.306% | $771K | $212K | 50x | as long as short |
| Reya LINKRUSDPERP | +0.0386% | 1h | 13.035 | +0.096% | $4K | — | 20x | as long as short |
| Kraken Futures PF_LINKUSD | +0.0555% | 1h | 12.979 | −0.334% | $6.8M | $8.0M | 50x | as long as short |
| Phemex LINKUSDT | +0.0621% | 8h | 12.996 | −0.207% | $20.1M | $11.6M | 50x | as long as short |
| dYdX LINK-USDlong | +0.0632% | 1h | 13.023 | long leg | $345K | $30K | 10x | |
| Hyperliquid LINK | +0.0665% | 1h | 13.056 | +0.254% | $81.6M | $26.5M | 10x | as long as short |
Aster LINKUSDT
Pacifica LINK
Binance LINKUSDT
Bybit LINKUSDT
OKX LINK-USDT-SWAP
Arcus LINK-USD
Gate LINK_USDT
MEXC LINK_USDT
KuCoin LINKUSDTM
Bitget LINKUSDT
BingX LINK-USDC
Backpack LINK_USDC_PERP
Variational Omni LINK
GRVT LINK_USDT_Perp
ApeX Omni LINKUSDT
Polymarket Perps LINK-USD
Derive LINK-PERP
SunX LINK-USDT
SoDEX LINK-USD
HTX LINK-USDT
Extended LINK-USD
Aevo LINK-PERP
Deribit LINK_USDC-PERPETUAL
Reya LINKRUSDPERP
Kraken Futures PF_LINKUSD
Phemex LINKUSDT
Hyperliquid LINK