LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: Aster against Kalshi−0.129%7-day average +0.087% · you buy dearer than you sell

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs−$71as in the Price arb table

costs, in and out, $10k−$490.495% of the position

Long on Kalshi Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.210%+$21 on $10k

Price spread, last 3 days (all we have)+0.020%+$2 · spread now −0.129%, 7d avg +0.087%

Together, before fees+0.230%+ Points / potential airdropAster: Stage 5 · farm board+$23 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.216% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.129% now, against its 7-day average of +0.087%). If the spread goes back, that is −$22 on $10k: about 7.2 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXLINKPERP	13.176	0	get 0.0000% / 8h	3h 30m	$474K	$2.2M	3.7x
Short	Aster LINKUSDT	13.159	0.0100	get 0.0100% / 8h	7h 30m	$1.4M	$3.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Kalshi. 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 KalshibpFee AsterbpOrdersPrice spread, now −0.129%Rate

Funding earned: $21
Price spread: −0.129% → +0.087%: −$21.63
Slippage, 4 orders: −$31.49
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$50.12
Costs to cover: 0.495%
Break-even: 23.7 days

Slippage from Kalshi: live order book, 3 min ago; Aster: live order book, 3 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 Kalshi live order book, 3 min ago	4.70 bp	15.8 bp −$16	20.2 bp −$202	doesn't fit	doesn't fit
Sell Aster live order book, 3 min ago	1.89 bp	11.4 bp −$11	16.9 bp −$169	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	13.154	−0.168%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERPlong	0.0000%	8h	13.176	long leg	$474K	$2.2M	3.7x
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	13.159	−0.133%	$781K	$211K	50x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0007%	1h	13.154	−0.168%	$134K	—	150x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−5.892%	$4K	$48K	12x	as long as short
Phoenix LINK	+0.0036%	1h	13.209	+0.244%	$4K	$89K	10x	as long as short
Orderly PERP_LINK_USDC	+0.0051%	8h	13.153	−0.178%	$133K	$1.5M	20x	as long as short
Lighter LINK	+0.0096%	1h	13.158	−0.141%	$2.0M	$2.7M	10x	as long as short
Paradex LINK-USD-PERP	+0.0099%	8h	13.157	−0.145%	$32K	$3K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	13.151	−0.189%	$404K	$309K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LINKUSDTshort	+0.0100%	8h	13.159	−0.129%	$1.4M	$3.0M	50x
Pacifica LINK	+0.0100%	1h	13.165	−0.086%	$276K	$155K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.162	−0.109%	$122.3M	$302.2M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.161	−0.117%	$84.8M	$70.9M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.162	−0.109%	$27.7M	$84.4M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.176	−0.003%	$185K	$172K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.162	−0.109%	$130.3M	$12.3M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.159	−0.132%	$37.2M	$58.7M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.158	−0.140%	$23.0M	$14.6M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.161	−0.117%	$54.8M	$30.2M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	13.163	−0.102%	—	$6.6M	—	as long as short
Variational Omni LINK	+0.0100%	8h	13.175	−0.007%	$3.4M	$1.6M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.198	+0.161%	$44K	$310K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.195	+0.141%	$593K	$2.7M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.205	+0.217%	$154K	$667K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.155	−0.162%	$82K	$69K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.154	−0.171%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.174	−0.020%	$34K	$1.5M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.154	−0.170%	$5K	$28K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.153	−0.174%	$647K	$853K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.150	−0.202%	$670K	$2.0M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	13.157	−0.148%	$552K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0120%	1h	13.189	+0.096%	$1.0M	$2.7M	50x	as long as short
Backpack LINK_USDC_PERP	+0.0187%	1h	13.171	−0.041%	$367K	$369K	15x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.172	−0.033%	$5.3M	$15.9M	75x	as long as short
Kraken Futures PF_LINKUSD	+0.0365%	1h	13.163	−0.100%	$6.9M	$8.0M	50x	as long as short
Reya LINKRUSDPERP	+0.0381%	1h	13.151	−0.194%	$5K	—	20x	as long as short
dYdX LINK-USD	+0.0448%	1h	13.169	−0.056%	$349K	$48K	10x	as long as short
Phemex LINKUSDT	+0.0580%	8h	13.173	−0.026%	$20.4M	$11.6M	50x	as long as short
Hyperliquid LINK	+0.0584%	1h	13.182	+0.043%	$81.5M	$25.1M	10x	as long as short