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

LINK

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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 15:00 UTC−0.0071%/8h
paid, last 24h−0.002%paid, last 7 days+0.058%to open and close $10k−$22
Long on LighterShort on Bybit
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter LINK12.9790.0096pay 0.0012% / 1h0m 06s$2.0M$3.0M10x
ShortBybit LINKUSDT12.9860.0025get 0.0025% / 8h1h 00m$80.3M$61.6M75x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$14.88
Slippage, 4 orders
−$11.18
Fee Lighter: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$37.06
Break-even
never at this rate
Slippage from Lighter: live order book, 4 min ago; Bybit: live order book, 5 min ago.

Price risk

price view
Price gap now
+0.053%
Avg gap 7d
−0.002%
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 Lighter live order book, 4 min ago1.84 bp3.3 bp −$39.8 bp −$9884.2 bp −$8,416doesn't fit
Sell Bybit live order book, 5 min ago0.38 bp7.7 bp −$813.5 bp −$13541.5 bp −$4,153doesn't fit

LINK on 39 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
GMX LINK/USD [LINK-USDC]L −0.0083% / S +0.0156%1h$1.7M—200xas long as short
Phoenix LINK−0.0074%1h$4K$41K10xas long as short
SoDEX LINK-USD−0.0014%1h$8K$45K10xas long as short
Deribit LINK_USDC-PERPETUAL−0.0012%1h$701K$77K50xas long as short
dYdX LINK-USD0.0000%1h$344K$60K10xas long as short
Kalshi KXLINKPERP0.0000%8h$448K$2.2M3.7xas long as short
Gate LINK_USDT+0.0001%8h$132.3M$12.8M75xas long as short
gTrade (Gains Network) LINK/USDL +0.0003% / S −0.0007%1h$177K—150xas long as short
Variational Omni LINK+0.0004%8h$3.2M$1.2M—as long as short
Kraken Futures PF_LINKUSD+0.0015%1h$6.1M$6.7M50xas long as short
Show all 39 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bybit LINKUSDTshort+0.0025%8h$80.3M$61.6M75x
Injective LINK/USDC PERP+0.0033%1h$4K$106K12xas long as short
Paradex LINK-USD-PERP+0.0043%8h$31K$2K20xas long as short
Coinbase International LINK-PERP-INTX+0.0056%1h$997K$2.7M50xas long as short
Binance LINKUSDT+0.0059%8h$118.2M$283.5M75xas long as short
MEXC LINK_USDT+0.0060%8h$34.1M$58.2M300xas long as short
Lighter LINKlong+0.0096%1h$2.0M$3.0M10x
Aevo LINK-PERP+0.0096%1h$546K$3403xas long as short
OKX LINK-USDT-SWAP+0.0098%8h$27.5M$89.3M50xas long as short
Orderly PERP_LINK_USDC+0.0099%8h$221K$1.5M20xas long as short
Nado LINK-PERP+0.0100%1h$431K$363K10xas long as short
Hyperliquid LINK+0.0100%1h$78.8M$20.7M10xas long as short
Aster LINKUSDT+0.0100%8h$1.4M$2.0M50xas long as short
Pacifica LINK+0.0100%1h$272K$169K10xas long as short
Arcus LINK-USD+0.0100%1h$183K$197K10xas long as short
KuCoin LINKUSDTM+0.0100%8h$21.3M$17.8M75xas long as short
Bitget LINKUSDT+0.0100%8h$53.9M$30.3M75xas long as short
BingX LINK-USDT+0.0100%8h—$19.5M—as long as short
Backpack LINK_USDC_PERP+0.0100%1h$386K$360K15xas long as short
edgeX LINKUSDC+0.0100%4h$43K$312K20xas long as short
ApeX Omni LINKUSDT+0.0100%1h$132K$654K50xas 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$643K$1.2M75xas long as short
Extended LINK-USD+0.0104%1h$681K$1.9M25xas long as short
BloFin LINK-USDT+0.0181%8h$5.2M$10.4M75xas long as short
Phemex LINKUSDT+0.0341%8h$20.3M$11.3M50xas long as short
Reya LINKRUSDPERP+0.0355%1h$4K$40020xas long as short