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

LINK

all LINK markets
SwapPrice view
Alert
Funding spread now, next payment 15:00 UTC−0.0234%/8h
paid, last 24h−0.053%paid, last 7 days−0.254%to open and close $10k−$45
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex LINKUSDT13.0810.0322pay 0.0322% / 8h44m 58s$20.4M$11.3M50x
ShortCoinbase International LINK-PERP-INTX13.0690.0088get 0.0011% / 1h44m 58s$1.0M$2.7M50x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$49.12
Slippage, 4 orders
−$23.2
Fee Phemex: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$94.32
Break-even
never at this rate
Slippage from Phemex: live order book, 5 min ago; Coinbase International: live order book, 5 min ago.

Price risk

price view
Price gap now
−0.092%
Avg gap 7d
−0.078%
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, 5 min ago1.53 bp9.9 bp −$1016.2 bp −$162doesn't fitdoesn't fit
Sell Coinbase International live order book, 5 min ago3.44 bp13.2 bp −$1316.4 bp −$164doesn't fitdoesn't fit

LINK on 39 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_LINKUSD−0.0172%1h$6.1M$6.6M50xas long as short
Deribit LINK_USDC-PERPETUAL−0.0163%1h$702K$81K50xas long as short
GMX LINK/USD [LINK-USDC]L −0.0084% / S +0.0156%1h$1.7M200xas long as short
Phoenix LINK−0.0062%1h$3K$47K10xas long as short
Variational Omni LINK−0.0010%8h$3.3M$1.2Mas long as short
dYdX LINK-USD0.0000%1h$346K$60K10xas long as short
Kalshi KXLINKPERP0.0000%8h$451K$2.2M3.7xas long as short
SoDEX LINK-USD+0.0001%1h$8K$45K10xas long as short
Gate LINK_USDT+0.0002%8h$132.8M$12.4M75xas long as short
gTrade (Gains Network) LINK/USDL +0.0003% / S −0.0007%1h$178K150xas long as short
Show all 39 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bybit LINKUSDT+0.0013%8h$80.9M$60.8M75xas long as short
Injective LINK/USDC PERP+0.0033%1h$4K$106K12xas long as short
Paradex LINK-USD-PERP+0.0039%8h$32K$2K20xas long as short
MEXC LINK_USDT+0.0058%8h$34.1M$56.4M300xas long as short
Binance LINKUSDT+0.0058%8h$119.1M$284.2M75xas long as short
OKX LINK-USDT-SWAP+0.0079%8h$27.7M$90.5M50xas long as short
Coinbase International LINK-PERP-INTXshort+0.0088%1h$1.0M$2.7M50x
Lighter LINK+0.0088%1h$2.0M$2.0M10xas long as short
Aevo LINK-PERP+0.0096%1h$550K$3403xas long as short
Nado LINK-PERP+0.0100%1h$433K$363K10xas long as short
Hyperliquid LINK+0.0100%1h$79.3M$20.7M10xas long as short
Aster LINKUSDT+0.0100%8h$1.4M$2.2M50xas long as short
Pacifica LINK+0.0100%1h$273K$168K10xas long as short
Arcus LINK-USD+0.0100%1h$184K$197K10xas long as short
KuCoin LINKUSDTM+0.0100%8h$21.3M$17.7M75xas long as short
Bitget LINKUSDT+0.0100%8h$54.3M$30.2M75xas long as short
BingX LINK-USDT+0.0100%8h$19.7Mas long as short
Backpack LINK_USDC_PERP+0.0100%1h$388K$358K15xas long as short
edgeX LINKUSDC+0.0100%4h$43K$312K20xas long as short
ApeX Omni LINKUSDT+0.0100%1h$132K$653K50xas long as short
Polymarket Perps LINK-USD+0.0100%1h$74K$44K10xas long as short
Orderly PERP_LINK_USDC+0.0100%8h$222K$1.5M20xas long as short
Derive LINK-PERP+0.0100%1h$28K$10K10xas long as short
SunX LINK-USDT+0.0100%8h$34K$1.6M30xas long as short
HTX LINK-USDT+0.0100%8h$648K$1.1M75xas long as short
Extended LINK-USD+0.0104%1h$685K$1.9M25xas long as short
BloFin LINK-USDT+0.0178%8h$5.2M$10.8M75xas long as short
Phemex LINKUSDTlong+0.0322%8h$20.4M$11.3M50x
Reya LINKRUSDPERP+0.0356%1h$4K$40020xas long as short