Funding spread now, next payment 18:00 UTC−0.0237%/8h
paid, last 24h−0.062%paid, last 7 days−0.120%to open and close $10k−$26
The current rate is far above what this pair has been paying: over the last 7 days it paid -0.120% in total (about -6.2% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid LINK | 12.867 | 0.0100 | pay 0.0013% / 1h | 42m 02s | $75.6M | $21.8M | 10x |
| Short | Bybit LINKUSDT | 12.859 | −0.0137 | pay 0.0137% / 8h | 6h 42m | $79.8M | $59.2M | 75x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$49.77
- Slippage, 4 orders
- −$5.95
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$75.72
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 3 min ago; Bybit: live order book, 3 min ago.
Price risk
price view- Price gap now
- −0.062%
- Avg gap 7d
- −0.073%
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Hyperliquid live order book, 3 min ago | 0.39 bp | 5.4 bp −$5 | 9.9 bp −$99 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.39 bp | 6.4 bp −$6 | 10.7 bp −$107 | 33.8 bp −$3,380 | doesn't fit |
LINK on 39 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Kraken Futures PF_LINKUSD | −0.0329% | 1h | $6.0M | $6.5M | 50x | as long as short |
| Bybit LINKUSDTshort | −0.0137% | 8h | $79.8M | $59.2M | 75x | |
| GMX LINK/USD [LINK-USDC] | L −0.0092% / S +0.0163% | 1h | $1.7M | — | 200x | as long as short |
| Variational Omni LINK | −0.0081% | 8h | $3.2M | $1.2M | — | as long as short |
| Phoenix LINK | −0.0080% | 1h | $3K | $46K | 10x | as long as short |
| Extended LINK-USD | −0.0072% | 1h | $669K | $1.8M | 25x | as long as short |
| OKX LINK-USDT-SWAP | −0.0044% | 8h | $26.8M | $87.0M | 50x | as long as short |
| SoDEX LINK-USD | −0.0037% | 1h | $8K | $36K | 10x | as long as short |
| Gate LINK_USDT | −0.0034% | 8h | $129.8M | $11.4M | 75x | as long as short |
| dYdX LINK-USD | 0.0000% | 1h | $341K | $60K | 10x | as long as short |
Hyperliquid LINK
Bybit LINKUSDT
Kraken Futures PF_LINKUSD
GMX LINK/USD [LINK-USDC]
Variational Omni LINK
Phoenix LINK
Extended LINK-USD
OKX LINK-USDT-SWAP
SoDEX LINK-USD
Gate LINK_USDT
Deribit LINK_USDC-PERPETUAL
gTrade (Gains Network) LINK/USD
HTX LINK-USDT
MEXC LINK_USDT
Binance LINKUSDT
Injective LINK/USDC PERP
Paradex LINK-USD-PERP
Coinbase International LINK-PERP-INTX
BloFin LINK-USDT
Bitget LINKUSDT
BingX LINK-USDC
Lighter LINK
Aster LINKUSDT
Pacifica LINK
KuCoin LINKUSDTM
Backpack LINK_USDC_PERP
ApeX Omni LINKUSDT
Polymarket Perps LINK-USD
Derive LINK-PERP
SunX LINK-USDT
Phemex LINKUSDT