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 +0.015%

Price spread now: Variational Omni against Kalshi−0.124%7-day average −0.010% · you buy dearer than you sell

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

Long on Kalshi Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.068%+$7 on $10k

Price spread, last 7 days+0.072%+$7 · spread now −0.124%, 7d avg −0.010%

Together, before fees+0.140%+ Points / potential airdropVariational Omni: Active · farm board+$14 on $10k · with fees, hour by hour

Funding pays, the price is against you. Variational Omni is 0.114% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.124% now, against its 7-day average of −0.010%). If the spread goes back, that is −$11 on $10k: about 3.8 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	12.946	0	get 0.0000% / 8h	1h 03m	$481K	$2.2M	3.7x
Short	Variational Omni LINK	12.930	0.0100	get 0.0100% / 8h	5h 03m	$3.4M	$1.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.124%Rate

Funding earned: $21
Price spread: −0.124% → −0.010%: −$11.38
Slippage, 4 orders: no order book: not counted
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$0.38
Costs to cover: 0.100%
Break-even: 7.1 days

Slippage unknown: Kalshi: live order book, 5 min ago; Variational Omni: RFQ quote, just now. 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, 5 min ago	9.91 bp	15.0 bp −$15	21.5 bp −$215	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, just now	3.13 bp	doesn't fit	11.0 bp −$110	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 −0.0090% / S +0.0167%	1h	12.935	−0.081%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERPlong	0.0000%	8h	12.946	long leg	$481K	$2.2M	3.7x
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0009%	1h	12.934	−0.089%	$158K	—	150x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−4.218%	$4K	$48K	12x	as long as short
Orderly PERP_LINK_USDC	+0.0063%	8h	12.933	−0.100%	$117K	$1.4M	20x	as long as short
Coinbase International LINK-PERP-INTX	+0.0064%	1h	12.931	−0.116%	$941K	$2.7M	50x	as long as short
Lighter LINK	+0.0096%	1h	12.918	−0.219%	$1.9M	$2.8M	10x	as long as short
Phoenix LINK	+0.0098%	1h	12.989	+0.335%	$3K	$84K	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	12.916	−0.233%	$31K	$2K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	12.935	−0.081%	$391K	$311K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LINKUSDT	+0.0100%	8h	12.922	−0.182%	$1.3M	$2.3M	50x	as long as short
Pacifica LINK	+0.0100%	1h	12.919	−0.209%	$272K	$174K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	12.925	−0.162%	$119.5M	$296.9M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	12.930	−0.124%	$83.4M	$71.7M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	12.914	−0.247%	$27.2M	$81.9M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	12.937	−0.070%	$181K	$165K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	12.913	−0.255%	$127.6M	$12.9M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	12.917	−0.224%	$32.1M	$57.5M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	12.922	−0.185%	$22.8M	$13.4M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	12.915	−0.239%	$53.7M	$29.8M	75x	as long as short
BingX LINK-USDT	+0.0100%	8h	12.917	−0.224%	—	$22.4M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	12.940	−0.046%	$341K	$388K	15x	as long as short
Variational Omni LINKshort	+0.0100%	8h	12.930	−0.124%	$3.4M	$1.6M	—
edgeX LINKUSDC	+0.0100%	4h	12.930	−0.121%	$43K	$306K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	12.939	−0.053%	$584K	$2.7M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	12.935	−0.085%	$133K	$672K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	12.941	−0.039%	$81K	$70K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	12.932	−0.107%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	12.951	+0.040%	$33K	$1.5M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	12.935	−0.085%	$11K	$63K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	12.912	−0.260%	$632K	$705K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	12.913	−0.251%	$644K	$2.0M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	12.936	−0.075%	$542K	$2K	3x	as long as short
Deribit LINK_USDC-PERPETUAL	+0.0152%	1h	12.938	−0.059%	$771K	$177K	50x	as long as short
BloFin LINK-USDT	+0.0220%	8h	12.937	−0.070%	$5.2M	$15.7M	75x	as long as short
Reya LINKRUSDPERP	+0.0388%	1h	12.931	−0.115%	$4K	—	20x	as long as short
Kraken Futures PF_LINKUSD	+0.0557%	1h	12.937	−0.068%	$6.7M	$8.1M	50x	as long as short
Phemex LINKUSDT	+0.0609%	8h	12.951	+0.039%	$20.0M	$11.5M	50x	as long as short
Hyperliquid LINK	+0.0617%	1h	12.932	−0.108%	$81.4M	$27.3M	10x	as long as short
dYdX LINK-USD	+0.0647%	1h	12.917	−0.227%	$342K	$30K	10x	as long as short