LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h +0.012%

Price spread now: Nado against Extended+0.205%7-day average +0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$10as in the Price arb table

costs, in and out, $10k−$260.255% of the position

Long on Extended Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.028%+$3 on $10k

Price spread, last 3 days (all we have)+0.016%+$2 · spread now +0.205%, 7d avg +0.046%

Together, before fees+0.045%+ Points / potential airdropExtended: Active · Nado: Active · farm board+$4 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.160% dearer against Extended than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.046%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended LINK-USD	13.162	0.0104	pay 0.0013% / 1h	30m 45s	$670K	$2.0M	25x
Short	Nado LINK-PERP	13.189	0.0100	get 0.0012% / 1h	30m 45s	$405K	$309K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now +0.205%Rate

Funding earned: −$0.84
Price spread: +0.205% → +0.046%: $15.97
Slippage, 4 orders: −$13.54
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$10.41
Costs to cover: 0.255%
Break-even: never at this rate

Slippage from Extended: live order book, 3 min ago; Nado: live order book, 42 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 Extended live order book, 3 min ago	1.14 bp	4.3 bp −$4	5.6 bp −$56	doesn't fit	doesn't fit
Sell Nado live order book, 42 min ago	0.38 bp	7.5 bp −$8	17.3 bp −$173	doesn't fit	doesn't fit

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	13.181	+0.139%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.191	+0.220%	$476K	$2.2M	3.7x	as long as short
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	13.182	+0.152%	$783K	$211K	50x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0007%	1h	13.182	+0.151%	$134K	—	150x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−5.793%	$4K	$48K	12x	as long as short
Phoenix LINK	+0.0036%	1h	13.209	+0.350%	$4K	$89K	10x	as long as short
Orderly PERP_LINK_USDC	+0.0050%	8h	13.175	+0.095%	$133K	$1.5M	20x	as long as short
Lighter LINK	+0.0096%	1h	13.161	−0.009%	$2.0M	$2.7M	10x	as long as short
Paradex LINK-USD-PERP	+0.0099%	8h	13.157	−0.039%	$32K	$3K	20x	as long as short
Nado LINK-PERPshort	+0.0100%	1h	13.189	+0.205%	$405K	$309K	10x

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LINKUSDT	+0.0100%	8h	13.173	+0.083%	$1.4M	$3.0M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.165	+0.020%	$276K	$155K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.161	−0.011%	$122.4M	$302.1M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.160	−0.019%	$84.8M	$70.9M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.160	−0.019%	$27.7M	$84.3M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.176	+0.103%	$185K	$172K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.166	+0.027%	$130.3M	$12.3M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.160	−0.019%	$37.1M	$58.6M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.173	+0.080%	$23.0M	$14.6M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.159	−0.026%	$54.8M	$30.2M	75x	as long as short
BingX LINK-USDT	+0.0100%	8h	13.161	−0.011%	—	$21.0M	—	as long as short
Variational Omni LINK	+0.0100%	8h	13.175	+0.099%	$3.4M	$1.6M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.198	+0.267%	$44K	$310K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.195	+0.247%	$593K	$2.7M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.205	+0.323%	$154K	$667K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.189	+0.201%	$82K	$69K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.177	+0.108%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.197	+0.262%	$34K	$1.5M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.176	+0.103%	$5K	$28K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.142	−0.155%	$646K	$853K	75x	as long as short
Extended LINK-USDlong	+0.0104%	1h	13.162	long leg	$670K	$2.0M	25x
Aevo LINK-PERP	+0.0104%	1h	13.179	+0.127%	$553K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0120%	1h	13.189	+0.201%	$1.0M	$2.7M	50x	as long as short
Backpack LINK_USDC_PERP	+0.0193%	1h	13.178	+0.118%	$367K	$369K	15x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.172	+0.072%	$5.3M	$15.9M	75x	as long as short
Kraken Futures PF_LINKUSD	+0.0364%	1h	13.186	+0.182%	$6.9M	$8.0M	50x	as long as short
Reya LINKRUSDPERP	+0.0381%	1h	13.182	+0.147%	$5K	—	20x	as long as short
dYdX LINK-USD	+0.0448%	1h	13.169	+0.050%	$349K	$48K	10x	as long as short
Phemex LINKUSDT	+0.0523%	8h	13.191	+0.217%	$20.4M	$11.6M	50x	as long as short
Hyperliquid LINK	+0.0585%	1h	13.185	+0.171%	$81.5M	$25.1M	10x	as long as short