LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: HTX against Kalshi−0.187%7-day average −0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs−$114as in the Price arb table

costs, in and out, $10k−$970.972% of the position

Long on Kalshi Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.207%+$21 on $10k

Price spread, last 4 days (all we have)+0.131%+$13 · spread now −0.187%, 7d avg −0.018%

Together, before fees+0.338%+$34 on $10k · with fees, hour by hour

Funding pays, the price is against you. HTX is 0.169% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.187% now, against its 7-day average of −0.018%). If the spread goes back, that is −$17 on $10k: about 5.6 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	12.948	0	get 0.0000% / 8h	7h 14m	$491K	$2.3M	3.7x
Short	HTX LINK-USDT	12.924	0.0100	get 0.0100% / 8h	3h 14m	$634K	$690K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.187%Rate

Funding earned: $21
Price spread: −0.187% → −0.018%: −$16.91
Slippage, 4 orders: −$75.18
Fee Kalshi: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$93.09
Costs to cover: 0.972%
Break-even: 38.0 days

Slippage from Kalshi: live order book, 4 min ago; HTX: live order book, 39 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, 4 min ago	9.99 bp	15.0 bp −$15	18.8 bp −$188	doesn't fit	doesn't fit
Sell HTX live order book, 39 min ago	20.52 bp	30.5 bp −$30	245.1 bp −$2,451	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 −0.0089% / S +0.0166%	1h	12.944	−0.030%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERPlong	0.0000%	8h	12.948	long leg	$491K	$2.3M	3.7x
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0006%	1h	12.945	−0.025%	$184K	—	150x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−4.232%	$4K	$48K	12x	as long as short
Orderly PERP_LINK_USDC	+0.0050%	8h	12.939	−0.069%	$117K	$1.1M	20x	as long as short
Phoenix LINK	+0.0074%	1h	12.950	+0.019%	$3K	$82K	10x	as long as short
Lighter LINK	+0.0096%	1h	12.933	−0.116%	$1.9M	$2.8M	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	12.928	−0.150%	$31K	$2K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	12.930	−0.138%	$390K	$307K	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	12.936	−0.089%	$1.2M	$2.4M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica LINK	+0.0100%	1h	12.934	−0.107%	$277K	$182K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	12.933	−0.115%	$120.0M	$300.0M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	12.928	−0.154%	$83.5M	$73.0M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	12.932	−0.123%	$27.4M	$80.9M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	12.950	+0.016%	$181K	$167K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	12.938	−0.076%	$128.2M	$13.1M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	12.934	−0.107%	$33.0M	$57.1M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	12.937	−0.084%	$22.7M	$13.3M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	12.929	−0.146%	$53.8M	$29.6M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	12.932	−0.123%	—	$6.6M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	12.947	−0.007%	$339K	$391K	15x	as long as short
Variational Omni LINK	+0.0100%	8h	12.933	−0.113%	$3.3M	$1.6M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	12.951	+0.022%	$43K	$308K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	12.951	+0.024%	$581K	$2.8M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	12.962	+0.109%	$133K	$673K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	12.938	−0.076%	$81K	$70K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	12.937	−0.083%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	12.958	+0.076%	$33K	$1.5M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	12.939	−0.069%	$9K	$64K	10x	as long as short
HTX LINK-USDTshort	+0.0100%	8h	12.924	−0.187%	$634K	$690K	75x
Extended LINK-USD	+0.0104%	1h	12.929	−0.146%	$628K	$2.0M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	12.942	−0.046%	$543K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0104%	1h	12.953	+0.039%	$924K	$2.7M	50x	as long as short
Deribit LINK_USDC-PERPETUAL	+0.0152%	1h	12.946	−0.015%	$786K	$210K	50x	as long as short
BloFin LINK-USDT	+0.0220%	8h	12.939	−0.069%	$5.2M	$15.7M	75x	as long as short
Kraken Futures PF_LINKUSD	+0.0244%	1h	12.943	−0.038%	$6.7M	$8.2M	50x	as long as short
Hyperliquid LINK	+0.0308%	1h	12.950	+0.016%	$80.9M	$27.5M	10x	as long as short
Reya LINKRUSDPERP	+0.0393%	1h	12.931	−0.131%	$4K	—	20x	as long as short
Phemex LINKUSDT	+0.0561%	8h	12.958	+0.078%	$20.0M	$11.3M	50x	as long as short
dYdX LINK-USD	+0.0829%	1h	12.933	−0.115%	$344K	$32K	10x	as long as short