LINK

Alert

Funding spread now, next payment 17:00 UTC+0.0386%/8h

paid, last 24h−0.039%paid, last 7 days−0.175%to open and close $10k−$49

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.175% in total (about -9.1% 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	Kraken Futures PF_LINKUSD	12.994	−0.0386	get 0.0048% / 1h	54m 32s	$6.1M	$6.8M	50x
Short	Kalshi KXLINKPERP	13.006	0	get 0.0000% / 8h	3h 54m	$459K	$2.2M	3.7x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee KalshibpOrdersRate

Funding earned: $81.12
Slippage, 4 orders: −$29.46
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Kalshi: 5 bp × 2 orders: −$10
Net: $31.66
Break-even: 4.3 days

Slippage from Kraken Futures: live order book, 1 min ago; Kalshi: live order book, 5 min ago.

Price risk

price view

Price gap now: +0.094%
Avg gap 7d: −0.094%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Kraken Futures live order book, 1 min ago	2.69 bp	12.5 bp −$13	18.0 bp −$180	52.5 bp −$5,253	doesn't fit
Sell Kalshi live order book, 5 min ago	8.33 bp	13.6 bp −$14	20.4 bp −$204	doesn't fit	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_LINKUSDlong	−0.0386%	1h	$6.1M	$6.8M	50x
GMX LINK/USD [LINK-USDC]	L −0.0088% / S +0.0159%	1h	$1.7M	—	200x	as long as short
Phoenix LINK	−0.0061%	1h	$3K	$46K	10x	as long as short
Variational Omni LINK	−0.0058%	8h	$3.2M	$1.2M	—	as long as short
Bybit LINKUSDT	−0.0046%	8h	$80.4M	$60.6M	75x	as long as short
HTX LINK-USDT	−0.0041%	8h	$636K	$1.0M	75x	as long as short
SoDEX LINK-USD	−0.0029%	1h	$8K	$40K	10x	as long as short
dYdX LINK-USD	0.0000%	1h	$345K	$60K	10x	as long as short
Kalshi KXLINKPERPshort	0.0000%	8h	$459K	$2.2M	3.7x
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	$695K	$84K	50x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0007%	1h	$177K	—	150x	as long as short
OKX LINK-USDT-SWAP	+0.0018%	8h	$27.3M	$91.1M	50x	as long as short
Paradex LINK-USD-PERP	+0.0032%	8h	$31K	$2K	20x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	$4K	$75K	12x	as long as short
MEXC LINK_USDT	+0.0042%	8h	$34.5M	$56.8M	300x	as long as short
Binance LINKUSDT	+0.0043%	8h	$119.2M	$288.8M	75x	as long as short
Extended LINK-USD	+0.0056%	1h	$678K	$1.8M	25x	as long as short
Coinbase International LINK-PERP-INTX	+0.0072%	1h	$995K	$2.7M	50x	as long as short
Aevo LINK-PERP	+0.0088%	1h	$547K	$340	3x	as long as short
Lighter LINK	+0.0088%	1h	$1.9M	$2.0M	10x	as long as short
Gate LINK_USDT	+0.0091%	8h	$132.1M	$11.7M	75x	as long as short
Orderly PERP_LINK_USDC	+0.0097%	8h	$171K	$1.7M	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	$429K	$363K	10x	as long as short
Hyperliquid LINK	+0.0100%	1h	$78.7M	$20.4M	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	$1.5M	$2.4M	50x	as long as short
Pacifica LINK	+0.0100%	1h	$271K	$167K	10x	as long as short
Arcus LINK-USD	+0.0100%	1h	$183K	$193K	10x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	$21.2M	$17.5M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	$54.1M	$30.1M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	—	$6.6M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	$386K	$363K	15x	as long as short
edgeX LINKUSDC	+0.0100%	4h	$43K	$312K	20x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	$132K	$653K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	$74K	$43K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	$28K	$10K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	$33K	$1.6M	30x	as long as short
BloFin LINK-USDT	+0.0163%	8h	$5.2M	$13.2M	75x	as long as short
Reya LINKRUSDPERP	+0.0358%	1h	$4K	$400	20x	as long as short
Phemex LINKUSDT	+0.0437%	8h	$20.3M	$11.2M	50x	as long as short