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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex LINKUSDT | 12.802 | 0.0462 | pay 0.0462% / 8h | 6h 08m | $19.9M | $11.2M | 50x |
| Short | ApeX Omni LINKUSDT | 12.833 | 0.0100 | get 0.0013% / 1h | 8m 27s | $130K | $648K | 50x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
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 costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Phemex live order book, 2 min ago | 4.68 bp | 15.1 bp −$15 | 25.5 bp −$255 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 31 min ago | 6.61 bp | 14.3 bp −$14 | 100.5 bp −$1,005 | doesn't fit | doesn't fit |
LINK on 39 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Kraken Futures PF_LINKUSD | −0.0331% | 1h | $6.0M | $6.5M | 50x | as long as short |
| Bybit LINKUSDT | −0.0207% | 8h | $81.7M | $63.6M | 75x | as long as short |
| Variational Omni LINK | −0.0113% | 8h | $3.2M | $1.2M | — | as long as short |
| GMX LINK/USD [LINK-USDC] | L −0.0091% / S +0.0165% | 1h | $1.7M | — | 200x | as long as short |
| Phoenix LINK | −0.0080% | 1h | $6K | $46K | 10x | as long as short |
| OKX LINK-USDT-SWAP | −0.0031% | 8h | $26.5M | $84.6M | 50x | as long as short |
| dYdX LINK-USD | 0.0000% | 1h | $339K | $60K | 10x | as long as short |
| Kalshi KXLINKPERP | 0.0000% | 8h | $465K | $2.3M | 3.7x | as long as short |
| Deribit LINK_USDC-PERPETUAL | 0.0000% | 1h | $679K | $104K | 50x | as long as short |
| gTrade (Gains Network) LINK/USD | L +0.0003% / S −0.0001% | 1h | $85K | — | 150x | as long as short |
Phemex LINKUSDT
ApeX Omni LINKUSDT
Kraken Futures PF_LINKUSD
Bybit LINKUSDT
Variational Omni LINK
GMX LINK/USD [LINK-USDC]
Phoenix LINK
OKX LINK-USDT-SWAP
Deribit LINK_USDC-PERPETUAL
gTrade (Gains Network) LINK/USD
Gate LINK_USDT
MEXC LINK_USDT
Binance LINKUSDT
Injective LINK/USDC PERP
Coinbase International LINK-PERP-INTX
Paradex LINK-USD-PERP
BingX LINK-USDC
Bitget LINKUSDT
SoDEX LINK-USD
Lighter LINK
Hyperliquid LINK
Aster LINKUSDT
Pacifica LINK
KuCoin LINKUSDTM
Backpack LINK_USDC_PERP
Polymarket Perps LINK-USD
Derive LINK-PERP
SunX LINK-USDT
HTX LINK-USDT
Extended LINK-USD
BloFin LINK-USDT