LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%

Price spread now: Aevo against Nado−0.039%7-day average +0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$103as in the Price arb table

costs, in and out, $10k−$960.965% of the position

Long on Nado Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.004%$0 on $10k

Price spread, last 4 days (all we have)+0.156%+$16 · spread now −0.039%, 7d avg +0.027%

Together, before fees+0.160%+ Points / potential airdropNado: Active · farm board+$16 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.066% cheaper against Nado than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.027%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado LINK-PERP	12.976	0.0100	pay 0.0012% / 1h	55m 38s	$349K	$279K	10x
Short	Aevo LINK-PERP	12.972	0.0104	get 0.0013% / 1h	55m 38s	$544K	$2K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Nado. 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 NadobpFee AevobpOrdersPrice spread, now −0.039%Rate

Funding earned: $0.84
Price spread: −0.039% → +0.027%: −$6.6
Slippage, 4 orders: −$73.46
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$102.22
Costs to cover: 0.965%
Break-even: 858.8 days

Slippage from Nado: live order book, 55 min ago; Aevo: live order book, 56 min ago.

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 Nado live order book, 55 min ago	1.55 bp	7.0 bp −$7	16.7 bp −$167	doesn't fit	doesn't fit
Sell Aevo live order book, 56 min ago	29.39 bp	41.6 bp −$42	224.4 bp −$2,244	doesn't fit	doesn't fit

LINK on 39 exchanges

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
Orderly PERP_LINK_USDC	−0.0191%	8h	12.962	−0.112%	$85K	$876K	20x	as long as short
GMX LINK/USD [LINK-USDC]	L −0.0087% / S +0.0165%	1h	12.972	−0.036%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	12.988	+0.092%	$489K	$2.1M	3.7x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0001%	1h	12.986	+0.077%	$115K	—	150x	as long as short
Phoenix LINK	+0.0012%	1h	13.010	+0.256%	$3K	$81K	10x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−4.443%	$4K	$48K	12x	as long as short
HTX LINK-USDT	+0.0087%	8h	12.965	−0.092%	$608K	$677K	75x	as long as short
Variational Omni LINK	+0.0094%	8h	12.971	−0.041%	$3.4M	$1.8M	—	as long as short
Lighter LINK	+0.0096%	1h	12.969	−0.060%	$1.9M	$2.3M	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	12.966	−0.078%	$31K	$600	20x	as long as short

Show all 39 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado LINK-PERPlong	+0.0100%	1h	12.976	long leg	$349K	$279K	10x
Hyperliquid LINK	+0.0100%	1h	12.982	+0.042%	$81.7M	$25.4M	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	12.975	−0.009%	$1.4M	$2.5M	50x	as long as short
Pacifica LINK	+0.0100%	1h	12.971	−0.045%	$275K	$153K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	12.969	−0.058%	$120.3M	$268.4M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	12.967	−0.073%	$83.8M	$66.7M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	12.970	−0.050%	$27.4M	$73.9M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	12.987	+0.081%	$183K	$83K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	12.968	−0.066%	$134.0M	$17.1M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	12.969	−0.058%	$35.6M	$54.4M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	12.974	−0.019%	$22.9M	$11.8M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	12.966	−0.081%	$54.3M	$26.4M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	12.969	−0.058%	—	$6.5M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	12.978	+0.012%	$335K	$352K	15x	as long as short
edgeX LINKUSDC	+0.0100%	4h	12.985	+0.064%	$43K	$307K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	12.996	+0.150%	$583K	$3.1M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	12.998	+0.166%	$132K	$669K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	12.980	+0.027%	$83K	$64K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	12.999	+0.175%	$34K	$1.2M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	12.971	−0.042%	$11K	$61K	10x	as long as short
Extended LINK-USD	+0.0104%	1h	12.963	−0.102%	$628K	$1.9M	25x	as long as short
Aevo LINK-PERPshort	+0.0104%	1h	12.972	−0.039%	$544K	$2K	3x
Kraken Futures PF_LINKUSD	+0.0173%	1h	12.974	−0.020%	$6.5M	$7.4M	50x	as long as short
Coinbase International LINK-PERP-INTX	+0.0200%	1h	13.000	+0.181%	$977K	$3.2M	50x	as long as short
BloFin LINK-USDT	+0.0220%	8h	12.987	+0.081%	$5.4M	$15.3M	75x	as long as short
Deribit LINK_USDC-PERPETUAL	+0.0267%	1h	12.978	+0.014%	$889K	$355K	50x	as long as short
Reya LINKRUSDPERP	+0.0407%	1h	12.967	−0.074%	$4K	—	20x	as long as short
Phemex LINKUSDT	+0.0434%	8h	12.987	+0.081%	$20.1M	$10.2M	50x	as long as short
dYdX LINK-USD	+0.0612%	1h	12.993	+0.127%	$349K	$46K	10x	as long as short