LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0297%/8h= +32.5% APRnext payment +$0.37 per $10,000 · paid last 24h +0.080%

Price spread now: Reya against Polymarket Perps−0.054%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Polymarket Perps Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.054% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.054% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 15 hours of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps LINK-USD	12.913	0.0100	pay 0.0013% / 1h	49m 45s	$81K	$70K	10x
Short	Reya LINKRUSDPERP	12.906	0.0397	get 0.0050% / 1h	49m 45s	$4K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Polymarket Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee ReyabpOrdersPrice spread, now −0.054%Rate

Funding earned: $62.32
Price spread: −0.054% → 0.000%: −$5.38
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Reya: 3 bp × 2 orders: −$6
Net: $42.93
Costs to cover: 0.140%
Break-even: 2.2 days

Slippage unknown: Polymarket Perps: no order-book sample; Reya: no order-book sample. Net counts fees only.

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 Polymarket Perps no order-book sample	—	—	—	—	—
Sell Reya no order-book sample	—	—	—	—	—

Polymarket Perps and Reya: 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 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX LINK/USD [LINK-USDC]	L −0.0089% / S +0.0166%	1h	12.906	−0.052%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	12.912	−0.005%	$511K	$2.3M	3.7x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0005%	1h	12.905	−0.064%	$156K	—	150x	as long as short
Orderly PERP_LINK_USDC	+0.0010%	8h	12.899	−0.108%	$94K	$1.2M	20x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−3.973%	$4K	$48K	12x	as long as short
Phoenix LINK	+0.0093%	1h	12.893	−0.152%	$3K	$85K	10x	as long as short
Lighter LINK	+0.0096%	1h	12.894	−0.147%	$1.9M	$2.8M	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	12.892	−0.159%	$31K	$2K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	12.883	−0.232%	$349K	$339K	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	12.895	−0.139%	$1.2M	$2.4M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica LINK	+0.0100%	1h	12.896	−0.135%	$275K	$182K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	12.893	−0.155%	$118.9M	$301.7M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	12.891	−0.170%	$83.2M	$73.8M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	12.891	−0.170%	$27.0M	$81.0M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	12.921	+0.062%	$180K	$94K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	12.900	−0.101%	$124.1M	$15.2M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	12.893	−0.155%	$34.0M	$57.8M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	12.904	−0.070%	$22.8M	$12.9M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	12.896	−0.132%	$53.9M	$30.4M	75x	as long as short
BingX LINK-USDT	+0.0100%	8h	12.898	−0.116%	—	$23.3M	—	as long as short
Variational Omni LINK	+0.0100%	8h	12.890	−0.175%	$3.3M	$1.7M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	12.892	−0.161%	$43K	$306K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	12.894	−0.148%	$585K	$2.9M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	12.897	−0.124%	$132K	$673K	50x	as long as short
Polymarket Perps LINK-USDlong	+0.0100%	1h	12.913	long leg	$81K	$70K	10x
Derive LINK-PERP	+0.0100%	1h	12.905	−0.065%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	12.919	+0.045%	$33K	$1.4M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	12.909	−0.031%	$10K	$61K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	12.875	−0.293%	$631K	$786K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	12.890	−0.180%	$629K	$2.0M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	12.908	−0.042%	$541K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0120%	1h	12.914	+0.008%	$933K	$2.8M	50x	as long as short
Backpack LINK_USDC_PERP	+0.0149%	1h	12.917	+0.031%	$337K	$388K	15x	as long as short
Kraken Futures PF_LINKUSD	+0.0193%	1h	12.913	+0.002%	$6.6M	$8.3M	50x	as long as short
BloFin LINK-USDT	+0.0220%	8h	12.891	−0.170%	$5.2M	$15.8M	75x	as long as short
Deribit LINK_USDC-PERPETUAL	+0.0285%	1h	12.914	+0.006%	$807K	$259K	50x	as long as short
Hyperliquid LINK	+0.0315%	1h	12.910	−0.023%	$80.5M	$27.7M	10x	as long as short
Reya LINKRUSDPERPshort	+0.0397%	1h	12.906	−0.054%	$4K	—	20x
Phemex LINKUSDT	+0.0570%	8h	12.924	+0.085%	$19.9M	$11.3M	50x	as long as short
dYdX LINK-USD	+0.0860%	1h	12.894	−0.150%	$343K	$33K	10x	as long as short