Funding spread now, next payment 16:00 UTC−0.0403%/8h
paid, last 24h−0.015%paid, last 7 days−0.157%to open and close $10k−$45
The current rate is far above what this pair has been paying: over the last 7 days it paid -0.157% in total (about -8.2% 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 | KuCoin LINKUSDTM | 13.008 | 0.0100 | pay 0.0100% / 8h | 40m 22s | $21.2M | $17.6M | 75x |
| Short | Deribit LINK_USDC-PERPETUAL | 13.002 | −0.0303 | pay 0.0038% / 1h | 40m 22s | $699K | $81K | 50x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$84.63
- Slippage, 4 orders
- −$25.71
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$129.34
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Deribit: live order book, 10 min ago.
Price risk
price view- Price gap now
- −0.045%
- Avg gap 7d
- +0.004%
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 5 min ago | 0.38 bp | 14.6 bp −$15 | 19.9 bp −$199 | 57.2 bp −$5,720 | doesn't fit |
| Sell Deribit live order book, 10 min ago | 3.44 bp | 6.9 bp −$7 | 13.5 bp −$135 | 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 | |
|---|---|---|---|---|---|---|
| Deribit LINK_USDC-PERPETUALshort | −0.0303% | 1h | $699K | $81K | 50x | |
| Kraken Futures PF_LINKUSD | −0.0173% | 1h | $6.1M | $6.7M | 50x | as long as short |
| GMX LINK/USD [LINK-USDC] | L −0.0085% / S +0.0157% | 1h | $1.7M | — | 200x | as long as short |
| SoDEX LINK-USD | −0.0063% | 1h | $8K | $45K | 10x | as long as short |
| Phoenix LINK | −0.0062% | 1h | $3K | $47K | 10x | as long as short |
| Variational Omni LINK | −0.0017% | 8h | $3.2M | $1.2M | — | as long as short |
| Gate LINK_USDT | −0.0001% | 8h | $132.2M | $12.4M | 75x | as long as short |
| dYdX LINK-USD | 0.0000% | 1h | $345K | $60K | 10x | as long as short |
| Kalshi KXLINKPERP | 0.0000% | 8h | $450K | $2.2M | 3.7x | as long as short |
| gTrade (Gains Network) LINK/USD | L +0.0003% / S −0.0007% | 1h | $177K | — | 150x | as long as short |
KuCoin LINKUSDTM
Deribit LINK_USDC-PERPETUAL
Kraken Futures PF_LINKUSD
GMX LINK/USD [LINK-USDC]
SoDEX LINK-USD
Phoenix LINK
Variational Omni LINK
Gate LINK_USDT
gTrade (Gains Network) LINK/USD
Bybit LINKUSDT
Paradex LINK-USD-PERP
Injective LINK/USDC PERP
Binance LINKUSDT
MEXC LINK_USDT
OKX LINK-USDT-SWAP
Lighter LINK
Coinbase International LINK-PERP-INTX
Hyperliquid LINK
Aster LINKUSDT
Pacifica LINK
Bitget LINKUSDT
BingX LINK-USDC
Backpack LINK_USDC_PERP
ApeX Omni LINKUSDT
Polymarket Perps LINK-USD
Derive LINK-PERP
SunX LINK-USDT
HTX LINK-USDT
Extended LINK-USD
BloFin LINK-USDT
Phemex LINKUSDT