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 −0.002%

Price spread now: Extended against Nado−0.033%7-day average −0.042% · 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−$24as in the Price arb table

costs, in and out, $10k−$240.244% of the position

Long on Nado Short on Extended

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.028%−$3 on $10k

Price spread, last 4 days (all we have)−0.389%−$39 · spread now −0.033%, 7d avg −0.042%

Together, before fees−0.417%+ Points / potential airdropNado: Active · Extended: Active · farm board−$42 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado LINK-PERP	12.944	0.0100	pay 0.0012% / 1h	52m 11s	$348K	$279K	10x
Short	Extended LINK-USD	12.940	0.0104	get 0.0013% / 1h	52m 11s	$628K	$1.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.033%Rate

Funding earned: $0.84
Price spread: −0.033% → −0.042%: $0.85
Slippage, 4 orders: −$12.37
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$22.68
Costs to cover: 0.244%
Break-even: 196.0 days

Slippage from Nado: live order book, 58 min ago; Extended: live order book, 4 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, 58 min ago	1.55 bp	7.0 bp −$7	16.7 bp −$167	doesn't fit	doesn't fit
Sell Extended live order book, 4 min ago	1.54 bp	6.0 bp −$6	8.8 bp −$88	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	−0.0196%	8h	12.938	−0.046%	$85K	$875K	20x	as long as short
GMX LINK/USD [LINK-USDC]	L −0.0087% / S +0.0165%	1h	12.950	+0.045%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	12.971	+0.212%	$488K	$2.0M	3.7x	as long as short
Phoenix LINK	0.0000%	1h	12.980	+0.280%	$3K	$81K	10x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0001%	1h	12.957	+0.104%	$115K	—	150x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−4.203%	$4K	$48K	12x	as long as short
Variational Omni LINK	+0.0094%	8h	12.971	+0.210%	$3.4M	$1.8M	—	as long as short
HTX LINK-USDT	+0.0094%	8h	12.938	−0.049%	$607K	$677K	75x	as long as short
Lighter LINK	+0.0096%	1h	12.947	+0.025%	$1.9M	$2.3M	10x	as long as short
SoDEX LINK-USD	+0.0098%	1h	12.956	+0.093%	$11K	$61K	10x	as long as short

Show all 39 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex LINK-USD-PERP	+0.0100%	8h	12.945	+0.007%	$31K	$600	20x	as long as short
Nado LINK-PERPlong	+0.0100%	1h	12.944	long leg	$348K	$279K	10x
Hyperliquid LINK	+0.0100%	1h	12.957	+0.100%	$81.5M	$25.2M	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	12.952	+0.065%	$1.4M	$2.5M	50x	as long as short
Pacifica LINK	+0.0100%	1h	12.947	+0.024%	$275K	$153K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	12.948	+0.031%	$120.2M	$267.9M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	12.946	+0.015%	$83.7M	$66.6M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	12.946	+0.015%	$27.3M	$73.7M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	12.965	+0.162%	$183K	$83K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	12.945	+0.008%	$133.8M	$17.2M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	12.945	+0.008%	$35.6M	$54.5M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	12.948	+0.031%	$22.9M	$11.8M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	12.943	−0.008%	$54.2M	$26.4M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	12.944	0.000%	—	$6.5M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	12.962	+0.139%	$335K	$352K	15x	as long as short
edgeX LINKUSDC	+0.0100%	4h	12.985	+0.315%	$43K	$307K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	12.965	+0.161%	$590K	$3.1M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	12.973	+0.224%	$132K	$668K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	12.951	+0.054%	$82K	$64K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	12.962	+0.136%	$33K	$1.2M	30x	as long as short
Extended LINK-USDshort	+0.0104%	1h	12.940	−0.033%	$628K	$1.9M	25x
Aevo LINK-PERP	+0.0104%	1h	12.947	+0.022%	$543K	$2K	3x	as long as short
Kraken Futures PF_LINKUSD	+0.0173%	1h	12.948	+0.032%	$6.5M	$7.4M	50x	as long as short
Coinbase International LINK-PERP-INTX	+0.0200%	1h	12.951	+0.054%	$974K	$3.2M	50x	as long as short
BloFin LINK-USDT	+0.0220%	8h	12.957	+0.100%	$5.4M	$15.3M	75x	as long as short
Deribit LINK_USDC-PERPETUAL	+0.0314%	1h	12.956	+0.095%	$889K	$356K	50x	as long as short
Reya LINKRUSDPERP	+0.0408%	1h	12.940	−0.031%	$4K	—	20x	as long as short
Phemex LINKUSDT	+0.0448%	8h	12.965	+0.162%	$20.0M	$10.2M	50x	as long as short
dYdX LINK-USD	+0.0509%	1h	12.951	+0.051%	$348K	$34K	10x	as long as short