LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0271%/8h= −29.7% APRnext payment −$0.34 per $10,000 · paid last 24h −0.054%

Price spread now: GMX against Extended+0.235%7-day average +0.080% · you sell dearer than you buy

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

Long on Extended Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.217%−$22 on $10k

Price spread, last 3 days (all we have)−0.155%−$16 · spread now +0.235%, 7d avg +0.080%

Together, before fees−0.372%+ Points / potential airdropExtended: Active · farm board−$37 on $10k · with fees, hour by hour

The price spread pays, funding is against you. GMX is 0.155% dearer against Extended than usual: you sell high and buy low (spread +0.235% now, against its 7-day average of +0.080%): +$16 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 46 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended LINK-USD	12.969	0.0104	pay 0.0013% / 1h	57m 56s	$703K	$2.0M	25x
Short	GMX LINK/USD [LINK-USDC]	13.000	L −0.0090% / S +0.0167%	pay 0.0021% / 1h	57m 56s	$1.8M	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Extended. 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 ExtendedbpFee GMXbpOrdersPrice spread, now +0.235%Rate

Funding earned: −$56.91
Price spread: +0.235% → +0.080%: $15.52
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee GMX: 6 bp × 2 orders: −$12
Net: −$58.39
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 1 min ago; GMX: no order-book sample. 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 Extended live order book, 1 min ago	2.69 bp	5.9 bp −$6	7.2 bp −$72	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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: 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]short	L −0.0090% / S +0.0167%	1h	13.000	+0.235%	$1.8M	—	200x
dYdX LINK-USD	0.0000%	1h	13.023	+0.411%	$345K	$30K	10x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.014	+0.345%	$469K	$2.2M	3.7x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0009%	1h	13.002	+0.251%	$159K	—	150x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−4.391%	$4K	$48K	12x	as long as short
Phoenix LINK	+0.0049%	1h	13.030	+0.468%	$3K	$83K	10x	as long as short
Coinbase International LINK-PERP-INTX	+0.0064%	1h	13.018	+0.374%	$953K	$2.6M	50x	as long as short
Orderly PERP_LINK_USDC	+0.0068%	8h	12.997	+0.212%	$117K	$1.5M	20x	as long as short
Lighter LINK	+0.0096%	1h	13.000	+0.237%	$1.9M	$2.8M	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	13.020	+0.389%	$31K	$2K	20x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado LINK-PERP	+0.0100%	1h	13.012	+0.332%	$396K	$317K	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	12.988	+0.143%	$1.3M	$2.3M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.021	+0.397%	$275K	$168K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	12.979	+0.073%	$119.4M	$297.5M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	12.972	+0.019%	$83.9M	$71.2M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	12.975	+0.043%	$27.4M	$82.3M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.035	+0.505%	$182K	$165K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	12.975	+0.043%	$128.0M	$12.5M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	12.980	+0.081%	$32.2M	$56.7M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	12.982	+0.097%	$23.0M	$13.7M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	12.978	+0.066%	$54.0M	$30.2M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	12.979	+0.073%	—	$6.6M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	12.994	+0.189%	$339K	$378K	15x	as long as short
Variational Omni LINK	+0.0100%	8h	13.019	+0.383%	$3.4M	$1.6M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.027	+0.440%	$43K	$307K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.036	+0.511%	$589K	$2.7M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.028	+0.451%	$134K	$672K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.023	+0.413%	$81K	$70K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.000	+0.232%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.031	+0.474%	$34K	$1.5M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	12.999	+0.228%	$5K	$46K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.010	+0.311%	$642K	$687K	75x	as long as short
Extended LINK-USDlong	+0.0104%	1h	12.969	long leg	$703K	$2.0M	25x
Aevo LINK-PERP	+0.0104%	1h	13.000	+0.232%	$545K	$2K	3x	as long as short
Deribit LINK_USDC-PERPETUAL	+0.0242%	1h	13.005	+0.276%	$772K	$212K	50x	as long as short
Reya LINKRUSDPERP	+0.0385%	1h	13.001	+0.239%	$4K	—	20x	as long as short
Hyperliquid LINK	+0.0533%	1h	13.001	+0.243%	$81.2M	$26.5M	10x	as long as short
Kraken Futures PF_LINKUSD	+0.0554%	1h	13.000	+0.232%	$6.8M	$8.1M	50x	as long as short
Phemex LINKUSDT	+0.0595%	8h	13.007	+0.289%	$20.1M	$11.6M	50x	as long as short