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

LINK

all LINK markets
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Funding spread now, next payment 16:00 UTC+0.0336%/8h
paid, last 24h+0.005%paid, last 7 days−0.062%to open and close $10k−$286
The current rate is far above what this pair has been paying: over the last 7 days it paid -0.062% in total (about -3.2% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX LINK-USD13.0310get 0.0000% / 1h59m 58s$345K$60K10x
ShortPhemex LINKUSDT13.0370.0336get 0.0336% / 8h7h 59m$20.3M$11.3M50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$70.48
Slippage, 4 orders
−$263.63
Fee dYdX: 5 bp × 2 orders
−$10
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$215.15
Break-even
28.4 days
Slippage from dYdX: live order book, 51 min ago; Phemex: live order book, 5 min ago.

Price risk

price view
Price gap now
+0.043%
Avg gap 7d
+0.088%
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 dYdX live order book, 51 min ago127.19 bp132.2 bp −$132133.6 bp −$1,336223.6 bp −$22.4K368.5 bp −$184.2K
Sell Phemex live order book, 5 min ago1.15 bp11.7 bp −$1216.9 bp −$169doesn't fitdoesn't fit

LINK on 39 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_LINKUSD−0.0173%1h$6.1M$6.8M50xas long as short
GMX LINK/USD [LINK-USDC]L −0.0088% / S +0.0159%1h$1.7M200xas long as short
Phoenix LINK−0.0062%1h$3K$47K10xas long as short
Variational Omni LINK−0.0055%8h$3.2M$1.2Mas long as short
Bybit LINKUSDT−0.0023%8h$80.7M$60.8M75xas long as short
SoDEX LINK-USD−0.0014%1h$8K$40K10xas long as short
dYdX LINK-USDlong0.0000%1h$345K$60K10x
Kalshi KXLINKPERP0.0000%8h$461K$2.2M3.7xas long as short
Deribit LINK_USDC-PERPETUAL0.0000%1h$697K$84K50xas long as short
Gate LINK_USDT+0.0002%8h$132.6M$12.7M75xas long as short
Show all 39 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
gTrade (Gains Network) LINK/USDL +0.0004% / S −0.0007%1h$177K150xas long as short
OKX LINK-USDT-SWAP+0.0023%8h$27.4M$91.5M50xas long as short
Paradex LINK-USD-PERP+0.0027%8h$32K$2K20xas long as short
Injective LINK/USDC PERP+0.0033%1h$4K$106K12xas long as short
MEXC LINK_USDT+0.0044%8h$34.7M$58.4M300xas long as short
Binance LINKUSDT+0.0044%8h$119.6M$288.8M75xas long as short
Lighter LINK+0.0056%1h$2.0M$2.0M10xas long as short
Extended LINK-USD+0.0064%1h$681K$1.8M25xas long as short
Coinbase International LINK-PERP-INTX+0.0088%1h$997K$2.7M50xas long as short
Aevo LINK-PERP+0.0096%1h$548K$3403xas long as short
Orderly PERP_LINK_USDC+0.0098%8h$177K$1.7M20xas long as short
Nado LINK-PERP+0.0100%1h$431K$363K10xas long as short
Hyperliquid LINK+0.0100%1h$78.9M$20.5M10xas long as short
Aster LINKUSDT+0.0100%8h$1.5M$2.2M50xas long as short
Pacifica LINK+0.0100%1h$272K$167K10xas long as short
Arcus LINK-USD+0.0100%1h$184K$193K10xas long as short
KuCoin LINKUSDTM+0.0100%8h$21.1M$17.5M75xas long as short
Bitget LINKUSDT+0.0100%8h$54.3M$30.1M75xas long as short
BingX LINK-USDC+0.0100%8h$6.6Mas long as short
Backpack LINK_USDC_PERP+0.0100%1h$387K$363K15xas long as short
edgeX LINKUSDC+0.0100%4h$43K$313K20xas long as short
ApeX Omni LINKUSDT+0.0100%1h$132K$653K50xas long as short
Polymarket Perps LINK-USD+0.0100%1h$74K$43K10xas long as short
Derive LINK-PERP+0.0100%1h$28K$10K10xas long as short
SunX LINK-USDT+0.0100%8h$33K$1.6M30xas long as short
HTX LINK-USDT+0.0100%8h$641K$1.0M75xas long as short
BloFin LINK-USDT+0.0164%8h$5.3M$13.2M75xas long as short
Phemex LINKUSDTshort+0.0336%8h$20.3M$11.3M50x
Reya LINKRUSDPERP+0.0358%1h$4K$40020xas long as short