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

LINK

all LINK markets
SwapPrice view
Alert
Funding spread now, next payment 18:00 UTC−0.0362%/8h
paid, last 24h−0.065%paid, last 7 days−0.199%to open and close $10k−$68
The current rate is far above what this pair has been paying: over the last 7 days it paid -0.199% in total (about -10.4% 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
LongPhemex LINKUSDT12.8020.0462pay 0.0462% / 8h6h 08m$19.9M$11.2M50x
ShortApeX Omni LINKUSDT12.8330.0100get 0.0013% / 1h8m 27s$130K$648K50x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$76.11
Slippage, 4 orders
−$46.24
Fee Phemex: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$144.35
Break-even
never at this rate
Slippage from Phemex: live order book, 2 min ago; ApeX Omni: live order book, 31 min ago.

Price risk

price view
Price gap now
+0.242%
Avg gap 7d
−0.051%
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 Phemex live order book, 2 min ago4.68 bp15.1 bp −$1525.5 bp −$255doesn't fitdoesn't fit
Sell ApeX Omni live order book, 31 min ago6.61 bp14.3 bp −$14100.5 bp −$1,005doesn't fitdoesn't fit

LINK on 39 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_LINKUSD−0.0331%1h$6.0M$6.5M50xas long as short
Bybit LINKUSDT−0.0207%8h$81.7M$63.6M75xas long as short
Variational Omni LINK−0.0113%8h$3.2M$1.2Mas long as short
GMX LINK/USD [LINK-USDC]L −0.0091% / S +0.0165%1h$1.7M200xas long as short
Phoenix LINK−0.0080%1h$6K$46K10xas long as short
OKX LINK-USDT-SWAP−0.0031%8h$26.5M$84.6M50xas long as short
dYdX LINK-USD0.0000%1h$339K$60K10xas long as short
Kalshi KXLINKPERP0.0000%8h$465K$2.3M3.7xas long as short
Deribit LINK_USDC-PERPETUAL0.0000%1h$679K$104K50xas long as short
gTrade (Gains Network) LINK/USDL +0.0003% / S −0.0001%1h$85K150xas long as short
Show all 39 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Gate LINK_USDT+0.0017%8h$128.4M$12.2M75xas long as short
MEXC LINK_USDT+0.0032%8h$32.0M$57.7M300xas long as short
Binance LINKUSDT+0.0033%8h$117.0M$288.6M75xas long as short
Injective LINK/USDC PERP+0.0033%1h$4K$48K12xas long as short
Orderly PERP_LINK_USDC+0.0070%8h$142K$1.7M20xas long as short
Coinbase International LINK-PERP-INTX+0.0072%1h$985K$2.6M50xas long as short
Paradex LINK-USD-PERP+0.0079%8h$31K$2K20xas long as short
BingX LINK-USDC+0.0086%8h$6.6Mas long as short
Bitget LINKUSDT+0.0087%8h$53.3M$29.3M75xas long as short
Aevo LINK-PERP+0.0088%1h$537K$3403xas long as short
SoDEX LINK-USD+0.0095%1h$6K$37K10xas long as short
Lighter LINK+0.0096%1h$2.0M$2.4M10xas long as short
Nado LINK-PERP+0.0100%1h$424K$304K10xas long as short
Hyperliquid LINK+0.0100%1h$74.8M$21.9M10xas long as short
Aster LINKUSDT+0.0100%8h$1.3M$2.4M50xas long as short
Pacifica LINK+0.0100%1h$269K$166K10xas long as short
Arcus LINK-USD+0.0100%1h$179K$128K10xas long as short
KuCoin LINKUSDTM+0.0100%8h$21.0M$16.6M75xas long as short
Backpack LINK_USDC_PERP+0.0100%1h$347K$377K15xas long as short
edgeX LINKUSDC+0.0100%4h$42K$306K20xas long as short
ApeX Omni LINKUSDTshort+0.0100%1h$130K$648K50x
Polymarket Perps LINK-USD+0.0100%1h$76K$56K10xas long as short
Derive LINK-PERP+0.0100%1h$24K$10K10xas long as short
SunX LINK-USDT+0.0100%8h$33K$1.5M30xas long as short
HTX LINK-USDT+0.0100%8h$620K$933K75xas long as short
Extended LINK-USD+0.0104%1h$648K$1.8M25xas long as short
BloFin LINK-USDT+0.0132%8h$5.1M$13.5M75xas long as short
Reya LINKRUSDPERP+0.0363%1h$4K$40020xas long as short
Phemex LINKUSDTlong+0.0462%8h$19.9M$11.2M50x