data as of
Settings8H · net · $10k
Funding arb /

LINK

all LINK markets
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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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin LINKUSDTM13.0080.0100pay 0.0100% / 8h40m 22s$21.2M$17.6M75x
ShortDeribit LINK_USDC-PERPETUAL13.002−0.0303pay 0.0038% / 1h40m 22s$699K$81K50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

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 costs
Backtest 7 daysBacktest 30 daysBacktest 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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 5 min ago0.38 bp14.6 bp −$1519.9 bp −$19957.2 bp −$5,720doesn't fit
Sell Deribit live order book, 10 min ago3.44 bp6.9 bp −$713.5 bp −$135doesn't fitdoesn't fit

LINK on 39 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Deribit LINK_USDC-PERPETUALshort−0.0303%1h$699K$81K50x
Kraken Futures PF_LINKUSD−0.0173%1h$6.1M$6.7M50xas long as short
GMX LINK/USD [LINK-USDC]L −0.0085% / S +0.0157%1h$1.7M200xas long as short
SoDEX LINK-USD−0.0063%1h$8K$45K10xas long as short
Phoenix LINK−0.0062%1h$3K$47K10xas long as short
Variational Omni LINK−0.0017%8h$3.2M$1.2Mas long as short
Gate LINK_USDT−0.0001%8h$132.2M$12.4M75xas long as short
dYdX LINK-USD0.0000%1h$345K$60K10xas long as short
Kalshi KXLINKPERP0.0000%8h$450K$2.2M3.7xas long as short
gTrade (Gains Network) LINK/USDL +0.0003% / S −0.0007%1h$177K150xas long as short
Show all 39 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bybit LINKUSDT+0.0007%8h$80.5M$60.6M75xas long as short
Paradex LINK-USD-PERP+0.0028%8h$32K$2K20xas long as short
Injective LINK/USDC PERP+0.0033%1h$4K$106K12xas long as short
Binance LINKUSDT+0.0052%8h$118.6M$284.3M75xas long as short
MEXC LINK_USDT+0.0053%8h$34.2M$56.8M300xas long as short
OKX LINK-USDT-SWAP+0.0071%8h$27.6M$90.4M50xas long as short
Lighter LINK+0.0080%1h$2.0M$2.0M10xas long as short
Coinbase International LINK-PERP-INTX+0.0088%1h$1.0M$2.7M50xas long as short
Aevo LINK-PERP+0.0096%1h$547K$3403xas long as short
Orderly PERP_LINK_USDC+0.0099%8h$190K$1.6M20xas long as short
Nado LINK-PERP+0.0100%1h$431K$363K10xas long as short
Hyperliquid LINK+0.0100%1h$78.9M$20.7M10xas long as short
Aster LINKUSDT+0.0100%8h$1.5M$2.2M50xas long as short
Pacifica LINK+0.0100%1h$272K$168K10xas long as short
Arcus LINK-USD+0.0100%1h$183K$197K10xas long as short
KuCoin LINKUSDTMlong+0.0100%8h$21.2M$17.6M75x
Bitget LINKUSDT+0.0100%8h$53.9M$30.1M75xas long as short
BingX LINK-USDC+0.0100%8h$6.6Mas long as short
Backpack LINK_USDC_PERP+0.0100%1h$386K$357K15xas long as short
edgeX LINKUSDC+0.0100%4h$43K$311K20xas long as short
ApeX Omni LINKUSDT+0.0100%1h$132K$653K50xas long as short
Polymarket Perps LINK-USD+0.0100%1h$74K$44K10xas long as short
Derive LINK-PERP+0.0100%1h$28K$10K10xas long as short
SunX LINK-USDT+0.0100%8h$33K$1.6M30xas long as short
HTX LINK-USDT+0.0100%8h$645K$1.1M75xas long as short
Extended LINK-USD+0.0104%1h$682K$1.9M25xas long as short
BloFin LINK-USDT+0.0173%8h$5.2M$10.7M75xas long as short
Phemex LINKUSDT+0.0324%8h$20.3M$11.3M50xas long as short
Reya LINKRUSDPERP+0.0356%1h$4K$40020xas long as short