LINK

Alert

Funding spread now, next payment 00:00 UTC−0.0362%/8h

next payment, per $10,000−$3.62paid, last 24h−0.065%paid, last 7 days−0.244%to open and close $10k−$38

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.244% in total (about -12.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.62 per $10,000. 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	12.940	0.0462	pay 0.0462% / 8h	4h 54m	$20.1M	$11.2M	50x
Short	Bitget LINKUSDT	12.911	0.0100	get 0.0100% / 8h	4h 54m	$53.9M	$29.1M	75x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee PhemexbpFee BitgetbpOrdersRate

Funding earned: −$76.03
Slippage, 4 orders: −$14.45
Fee Phemex: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$114.48
Break-even: never at this rate

Slippage from Phemex: live order book, 6 min ago; Bitget: live order book, 1 min ago.

Price risk

price view

Price gap now: −0.224%
Avg gap 7d: −0.119%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Phemex live order book, 6 min ago	0.77 bp	9.9 bp −$10	13.9 bp −$139	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	0.39 bp	7.5 bp −$8	12.3 bp −$123	23.9 bp −$2,389	doesn't fit

LINK on 39 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Variational Omni LINK	−0.0117%	8h	$3.2M	$1.2M	—	as long as short
Bybit LINKUSDT	−0.0102%	8h	$82.2M	$64.4M	75x	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	−0.0019%	1h	$9K	$78K	10x	as long as short
dYdX LINK-USD	0.0000%	1h	$342K	$60K	10x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	$467K	$2.2M	3.7x	as long as short
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	$686K	$106K	50x	as long as short
OKX LINK-USDT-SWAP	0.0000%	8h	$27.0M	$81.0M	50x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0005%	1h	$117K	—	150x	as long as short
Coinbase International LINK-PERP-INTX	+0.0008%	1h	$1.0M	$2.6M	50x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Kraken Futures PF_LINKUSD	+0.0018%	1h	$6.0M	$6.3M	50x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	$4K	$48K	12x	as long as short
SoDEX LINK-USD	+0.0060%	1h	$4K	$39K	10x	as long as short
Orderly PERP_LINK_USDC	+0.0070%	8h	$146K	$1.6M	20x	as long as short
HTX LINK-USDT	+0.0079%	8h	$626K	$920K	75x	as long as short
MEXC LINK_USDT	+0.0081%	8h	$34.4M	$54.7M	300x	as long as short
Binance LINKUSDT	+0.0081%	8h	$117.7M	$288.3M	75x	as long as short
Lighter LINK	+0.0096%	1h	$2.0M	$2.2M	10x	as long as short
Paradex LINK-USD-PERP	+0.0096%	8h	$31K	$2K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	$390K	$291K	10x	as long as short
Hyperliquid LINK	+0.0100%	1h	$75.5M	$22.1M	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	$1.4M	$2.4M	50x	as long as short
Pacifica LINK	+0.0100%	1h	$271K	$166K	10x	as long as short
Arcus LINK-USD	+0.0100%	1h	$181K	$139K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	$129.2M	$11.9M	75x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	$21.4M	$15.9M	75x	as long as short
Bitget LINKUSDTshort	+0.0100%	8h	$53.9M	$29.1M	75x
BingX LINK-USDC	+0.0100%	8h	—	$6.6M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	$352K	$373K	15x	as long as short
edgeX LINKUSDC	+0.0100%	4h	$43K	$306K	20x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	$131K	$652K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	$77K	$56K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	$24K	$13K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	$33K	$1.5M	30x	as long as short
Extended LINK-USD	+0.0104%	1h	$632K	$1.9M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	$544K	$340	3x	as long as short
BloFin LINK-USDT	+0.0202%	8h	$5.2M	$13.8M	75x	as long as short
Reya LINKRUSDPERP	+0.0366%	1h	$4K	$200	20x	as long as short
Phemex LINKUSDTlong	+0.0462%	8h	$20.1M	$11.2M	50x