LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0071%/8h= −7.7% APRnext payment −$0.09 per $10,000 · paid last 24h −0.017%

Price spread now: Injective against Extended−3.914%7-day average — · you buy dearer than you sell

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

Long on Extended Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.978%+$98 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 3.914% cheaper against Extended than usual: you would sell low and buy high (−$391 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.978%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended LINK-USD	12.905	0.0104	pay 0.0013% / 1h	45m 23s	$618K	$2.0M	25x
Short	Injective LINK/USDC PERP	12.400	0.0033	get 0.0004% / 1h	45m 23s	$4K	$48K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now −3.914%Rate

Funding earned: −$14.84
Price spread: −3.914% → 0.000%: −$391.38
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$411.24
Costs to cover: 0.050%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 3 min ago; Injective: 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, 3 min ago	1.16 bp	3.7 bp −$4	6.5 bp −$65	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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
Orderly PERP_LINK_USDC	−0.0110%	8h	12.907	+0.015%	$91K	$1.0M	20x	as long as short
GMX LINK/USD [LINK-USDC]	L −0.0087% / S +0.0165%	1h	12.912	+0.055%	$1.7M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	12.923	+0.141%	$514K	$2.3M	3.7x	as long as short
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	12.917	+0.089%	$808K	$268K	50x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0005%	1h	12.921	+0.123%	$155K	—	150x	as long as short
Injective LINK/USDC PERPshort	+0.0033%	1h	12.400	−3.914%	$4K	$48K	12x
Kraken Futures PF_LINKUSD	+0.0049%	1h	12.911	+0.046%	$6.4M	$8.4M	50x	as long as short
HTX LINK-USDT	+0.0084%	8h	12.899	−0.044%	$630K	$724K	75x	as long as short
Phoenix LINK	+0.0087%	1h	12.915	+0.078%	$3K	$85K	10x	as long as short
Lighter LINK	+0.0096%	1h	12.912	+0.050%	$1.9M	$2.8M	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex LINK-USD-PERP	+0.0100%	8h	12.914	+0.070%	$31K	$2K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	12.915	+0.073%	$349K	$335K	10x	as long as short
Hyperliquid LINK	+0.0100%	1h	12.922	+0.131%	$80.7M	$28.1M	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	12.919	+0.108%	$1.2M	$2.4M	50x	as long as short
Pacifica LINK	+0.0100%	1h	12.920	+0.112%	$275K	$182K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	12.913	+0.059%	$119.2M	$297.5M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	12.908	+0.023%	$83.7M	$73.1M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	12.911	+0.046%	$27.1M	$80.2M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	12.931	+0.201%	$181K	$98K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	12.914	+0.069%	$133.9M	$17.5M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	12.914	+0.069%	$35.1M	$58.1M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	12.917	+0.092%	$22.9M	$12.2M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	12.909	+0.030%	$53.8M	$29.9M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	12.911	+0.046%	—	$6.6M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	12.929	+0.185%	$336K	$385K	15x	as long as short
Variational Omni LINK	+0.0100%	8h	12.913	+0.064%	$3.4M	$1.8M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	12.912	+0.052%	$43K	$308K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	12.913	+0.065%	$580K	$3.0M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	12.930	+0.193%	$132K	$670K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	12.919	+0.108%	$82K	$70K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	12.914	+0.065%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	12.927	+0.171%	$33K	$1.4M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	12.909	+0.030%	$10K	$61K	10x	as long as short
Extended LINK-USDlong	+0.0104%	1h	12.905	long leg	$618K	$2.0M	25x
Aevo LINK-PERP	+0.0104%	1h	12.912	+0.054%	$541K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0184%	1h	12.924	+0.147%	$930K	$3.2M	50x	as long as short
BloFin LINK-USDT	+0.0220%	8h	12.914	+0.069%	$5.3M	$15.9M	75x	as long as short
Reya LINKRUSDPERP	+0.0402%	1h	12.910	+0.039%	$4K	—	20x	as long as short
Phemex LINKUSDT	+0.0420%	8h	12.927	+0.170%	$20.0M	$11.5M	50x	as long as short
dYdX LINK-USD	+0.0941%	1h	12.920	+0.119%	$344K	$45K	10x	as long as short