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 +0.023%

Price spread now: Paradex against Kalshi−0.033%7-day average — · you buy dearer than you sell

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

Long on Kalshi Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

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

Funding pays, the price is against you. Paradex is 0.033% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.033% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 27 hours 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	12.910	0	get 0.0000% / 8h	7h 07m	$484K	$2.3M	3.7x
Short	Paradex LINK-USD-PERP	12.906	0.0100	get 0.0100% / 8h	3h 07m	$31K	$2K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.033%Rate

Funding earned: $21
Price spread: −0.033% → 0.000%: −$3.33
Slippage, 4 orders: no order book: not counted
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: $3.67
Costs to cover: 0.140%
Break-even: 5.8 days

Slippage unknown: Kalshi: live order book, 1 min ago; Paradex: 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 Kalshi live order book, 1 min ago	6.98 bp	12.2 bp −$12	16.8 bp −$168	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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
GMX LINK/USD [LINK-USDC]	L −0.0089% / S +0.0166%	1h	12.904	−0.042%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERPlong	0.0000%	8h	12.910	long leg	$484K	$2.3M	3.7x
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0006%	1h	12.906	−0.030%	$184K	—	150x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−3.950%	$4K	$48K	12x	as long as short
Orderly PERP_LINK_USDC	+0.0052%	8h	12.907	−0.022%	$115K	$1.1M	20x	as long as short
Phoenix LINK	+0.0074%	1h	12.910	+0.002%	$3K	$82K	10x	as long as short
Lighter LINK	+0.0096%	1h	12.915	+0.037%	$1.9M	$2.8M	10x	as long as short
Paradex LINK-USD-PERPshort	+0.0100%	8h	12.906	−0.033%	$31K	$2K	20x
Nado LINK-PERP	+0.0100%	1h	12.912	+0.020%	$390K	$310K	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	12.914	+0.030%	$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	12.905	−0.038%	$276K	$183K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	12.917	+0.055%	$119.8M	$300.5M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	12.910	+0.001%	$83.3M	$73.2M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	12.918	+0.063%	$27.3M	$80.7M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	12.926	+0.125%	$181K	$167K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	12.906	−0.030%	$124.9M	$14.3M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	12.907	−0.022%	$33.3M	$57.3M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	12.913	+0.024%	$22.7M	$13.3M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	12.910	+0.001%	$54.1M	$30.0M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	12.907	−0.022%	—	$6.6M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	12.899	−0.084%	$338K	$391K	15x	as long as short
Variational Omni LINK	+0.0100%	8h	12.902	−0.060%	$3.3M	$1.6M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	12.900	−0.077%	$43K	$306K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	12.894	−0.125%	$579K	$2.8M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	12.908	−0.015%	$132K	$673K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	12.919	+0.070%	$81K	$70K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	12.907	−0.019%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	12.922	+0.093%	$33K	$1.5M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	12.912	+0.016%	$9K	$64K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	12.875	−0.271%	$632K	$678K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	12.909	−0.010%	$628K	$2.0M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	12.913	+0.024%	$542K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0104%	1h	12.903	−0.053%	$920K	$2.8M	50x	as long as short
BloFin LINK-USDT	+0.0220%	8h	12.917	+0.055%	$5.2M	$15.7M	75x	as long as short
Kraken Futures PF_LINKUSD	+0.0245%	1h	12.919	+0.072%	$6.6M	$8.2M	50x	as long as short
Hyperliquid LINK	+0.0301%	1h	12.926	+0.125%	$80.6M	$27.5M	10x	as long as short
Deribit LINK_USDC-PERPETUAL	+0.0308%	1h	12.917	+0.054%	$789K	$215K	50x	as long as short
Reya LINKRUSDPERP	+0.0393%	1h	12.908	−0.016%	$4K	—	20x	as long as short
Phemex LINKUSDT	+0.0559%	8h	12.930	+0.156%	$20.0M	$11.3M	50x	as long as short
dYdX LINK-USD	+0.0824%	1h	12.900	−0.078%	$343K	$32K	10x	as long as short