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

LINK

all LINK markets
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Funding spread now, next payment 20:00 UTC−0.1054%/8h
paid, last 24h−0.065%paid, last 7 days−0.199%to open and close $10k−$40
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 LINKUSDT12.9670.1154pay 0.1154% / 8h7h 51m$20.2M$11.2M50x
ShortedgeX LINKUSDC12.9700.0100get 0.0050% / 4h3h 51m$43K$312K20x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$221.25
Slippage, 4 orders
−$19.39
Fee Phemex: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$261.64
Break-even
never at this rate
Slippage from Phemex: live order book, 4 min ago; edgeX: live order book, 58 min ago.

Price risk

price view
Price gap now
+0.023%
Avg gap 7d
−0.117%
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, 4 min ago2.69 bp15.4 bp −$1523.0 bp −$230doesn't fitdoesn't fit
Sell edgeX live order book, 58 min ago2.29 bp6.9 bp −$710.0 bp −$100doesn't fitdoesn't fit

LINK on 39 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_LINKUSD−0.0387%1h$6.0M$6.8M50xas long as short
Bybit LINKUSDT−0.0180%8h$80.4M$60.6M75xas long as short
Gate LINK_USDT−0.0168%8h$131.9M$11.7M75xas long as short
GMX LINK/USD [LINK-USDC]L −0.0088% / S +0.0160%1h$1.7M200xas long as short
Phoenix LINK−0.0061%1h$3K$49K10xas long as short
Variational Omni LINK−0.0058%8h$3.2M$1.2Mas long as short
SoDEX LINK-USD−0.0034%1h$8K$40K10xas long as short
dYdX LINK-USD0.0000%1h$343K$60K10xas long as short
Kalshi KXLINKPERP0.0000%8h$457K$2.2M3.7xas long as short
Deribit LINK_USDC-PERPETUAL0.0000%1h$693K$84K50xas long as short
Show all 39 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
gTrade (Gains Network) LINK/USDL +0.0004% / S −0.0007%1h$176K150xas long as short
OKX LINK-USDT-SWAP+0.0015%8h$27.3M$91.0M50xas long as short
Injective LINK/USDC PERP+0.0033%1h$4K$75K12xas long as short
Paradex LINK-USD-PERP+0.0034%8h$31K$2K20xas long as short
Binance LINKUSDT+0.0039%8h$119.1M$289.4M75xas long as short
Extended LINK-USD+0.0040%1h$674K$1.8M25xas long as short
MEXC LINK_USDT+0.0040%8h$33.7M$57.0M300xas long as short
HTX LINK-USDT+0.0071%8h$635K$1.0M75xas long as short
Coinbase International LINK-PERP-INTX+0.0072%1h$990K$2.7M50xas long as short
Aevo LINK-PERP+0.0088%1h$545K$3403xas long as short
Lighter LINK+0.0088%1h$1.9M$2.0M10xas long as short
Orderly PERP_LINK_USDC+0.0097%8h$169K$1.7M20xas long as short
Nado LINK-PERP+0.0100%1h$427K$364K10xas long as short
Hyperliquid LINK+0.0100%1h$78.5M$20.5M10xas long as short
Aster LINKUSDT+0.0100%8h$1.5M$2.4M50xas long as short
Pacifica LINK+0.0100%1h$271K$167K10xas long as short
Arcus LINK-USD+0.0100%1h$182K$193K10xas long as short
KuCoin LINKUSDTM+0.0100%8h$21.3M$17.6M75xas long as short
Bitget LINKUSDT+0.0100%8h$53.9M$30.1M75xas long as short
BingX LINK-USDC+0.0100%8h$6.6Mas long as short
Backpack LINK_USDC_PERP+0.0100%1h$386K$363K15xas long as short
edgeX LINKUSDCshort+0.0100%4h$43K$312K20x
ApeX Omni LINKUSDT+0.0100%1h$131K$654K50xas long as short
Polymarket Perps LINK-USD+0.0100%1h$74K$43K10xas long as short
Derive LINK-PERP+0.0100%1h$28K$10K10xas long as short
SunX LINK-USDT+0.0100%8h$33K$1.6M30xas long as short
BloFin LINK-USDT+0.0156%8h$5.2M$13.1M75xas long as short
Reya LINKRUSDPERP+0.0358%1h$4K$40020xas long as short
Phemex LINKUSDTlong+0.1154%8h$20.2M$11.2M50x