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

LINK

all LINK markets
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Funding spread now, next payment 17:00 UTC+0.0109%/8h
paid, last 24h+0.036%paid, last 5 days+0.143%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix LINK12.869−0.0080get 0.0010% / 1h16m 54s$3K$46K10x
ShortMEXC LINK_USDT12.8600.0029get 0.0029% / 8h6h 16m$32.4M$57.3M300x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$22.91
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee MEXC: 0 bp × 2 orders
$0
Net
$15.91
Break-even
2.1 days
Slippage unknown: Phoenix: no order-book sample; MEXC: live order book, 3 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.072%
Avg gap 7d
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 Phoenix no order-book sample
Sell MEXC live order book, 3 min ago0.39 bp0.5 bp −$13.7 bp −$3726.7 bp −$2,66944.8 bp −$22.4K
Phoenix: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

LINK on 39 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_LINKUSD−0.0329%1h$6.0M$6.4M50xas long as short
Bybit LINKUSDT−0.0191%8h$82.3M$62.4M75xas long as short
Variational Omni LINK−0.0099%8h$3.2M$1.2Mas long as short
GMX LINK/USD [LINK-USDC]L −0.0094% / S +0.0165%1h$1.7M200xas long as short
Phoenix LINKlong−0.0080%1h$3K$46K10x
OKX LINK-USDT-SWAP−0.0033%8h$26.8M$84.6M50xas long as short
dYdX LINK-USD0.0000%1h$341K$60K10xas long as short
Kalshi KXLINKPERP0.0000%8h$455K$2.2M3.7xas long as short
Deribit LINK_USDC-PERPETUAL0.0000%1h$683K$104K50xas long as short
gTrade (Gains Network) LINK/USDL +0.0004% / S −0.0008%1h$184K150xas long as short
Show all 39 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Gate LINK_USDT+0.0026%8h$129.3M$12.0M75xas long as short
MEXC LINK_USDTshort+0.0029%8h$32.4M$57.3M300x
Binance LINKUSDT+0.0030%8h$117.8M$285.4M75xas long as short
Injective LINK/USDC PERP+0.0033%1h$4K$48K12xas long as short
Orderly PERP_LINK_USDC+0.0070%8h$141K$1.7M20xas long as short
Coinbase International LINK-PERP-INTX+0.0072%1h$987K$2.6M50xas long as short
Paradex LINK-USD-PERP+0.0074%8h$31K$2K20xas long as short
SoDEX LINK-USD+0.0083%1h$8K$36K10xas long as short
Bitget LINKUSDT+0.0085%8h$53.5M$28.9M75xas long as short
BingX LINK-USDT+0.0086%8h$20.1Mas long as short
Aevo LINK-PERP+0.0088%1h$541K$3403xas long as short
Lighter LINK+0.0096%1h$2.0M$2.4M10xas long as short
Nado LINK-PERP+0.0100%1h$423K$298K10xas long as short
Hyperliquid LINK+0.0100%1h$75.4M$21.8M10xas long as short
Aster LINKUSDT+0.0100%8h$1.3M$2.4M50xas long as short
Pacifica LINK+0.0100%1h$272K$165K10xas long as short
Arcus LINK-USD+0.0100%1h$181K$182K10xas long as short
KuCoin LINKUSDTM+0.0100%8h$21.1M$16.5M75xas long as short
Backpack LINK_USDC_PERP+0.0100%1h$349K$377K15xas long as short
edgeX LINKUSDC+0.0100%4h$43K$307K20xas long as short
ApeX Omni LINKUSDT+0.0100%1h$130K$648K50xas long as short
Polymarket Perps LINK-USD+0.0100%1h$77K$56K10xas long as short
Derive LINK-PERP+0.0100%1h$27K$10K10xas long as short
SunX LINK-USDT+0.0100%8h$33K$1.5M30xas long as short
HTX LINK-USDT+0.0100%8h$622K$938K75xas long as short
Extended LINK-USD+0.0104%1h$667K$1.8M25xas long as short
BloFin LINK-USDT+0.0121%8h$5.1M$13.5M75xas long as short
Reya LINKRUSDPERP+0.0363%1h$4K$40020xas long as short
Phemex LINKUSDT+0.0452%8h$20.0M$11.1M50xas long as short