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

LINK

all LINK markets
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Funding spread now, next payment 16:00 UTC−0.0256%/8h
paid, last 24h−0.067%paid, last 3 days−0.059%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 3 days it paid -0.059% in total (about -7.6% 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
LongReya LINKRUSDPERP13.0470.0356pay 0.0044% / 1h52m 16s$4K$40020x
ShortBitget LINKUSDT13.0480.0100get 0.0100% / 8h52m 16s$54.2M$30.1M75x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$53.66
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$71.66
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Bitget: live order book, 3 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.008%
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 Reya no order-book sample
Sell Bitget live order book, 3 min ago0.38 bp10.7 bp −$1115.4 bp −$15430.4 bp −$3,040doesn't fit
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 39 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_LINKUSD−0.0173%1h$6.1M$6.7M50xas 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
Deribit LINK_USDC-PERPETUAL−0.0018%1h$705K$80K50xas long as short
Variational Omni LINK−0.0003%8h$3.2M$1.2Mas long as short
dYdX LINK-USD0.0000%1h$346K$60K10xas long as short
Kalshi KXLINKPERP0.0000%8h$450K$2.2M3.7xas long as short
gTrade (Gains Network) LINK/USDL +0.0003% / S −0.0007%1h$178K150xas long as short
Gate LINK_USDT+0.0005%8h$133.0M$12.3M75xas long as short
Bybit LINKUSDT+0.0019%8h$80.7M$61.0M75xas long as short
Show all 39 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective LINK/USDC PERP+0.0033%1h$4K$106K12xas long as short
Paradex LINK-USD-PERP+0.0044%8h$32K$2K20xas long as short
SoDEX LINK-USD+0.0056%1h$8K$45K10xas long as short
MEXC LINK_USDT+0.0060%8h$34.0M$56.1M300xas long as short
Binance LINKUSDT+0.0061%8h$118.6M$283.7M75xas long as short
Lighter LINK+0.0072%1h$2.0M$2.0M10xas long as short
OKX LINK-USDT-SWAP+0.0086%8h$27.9M$89.8M50xas long as short
Coinbase International LINK-PERP-INTX+0.0088%1h$1.0M$2.7M50xas long as short
Aevo LINK-PERP+0.0096%1h$549K$3403xas long as short
Orderly PERP_LINK_USDC+0.0100%8h$222K$1.5M20xas long as short
Nado LINK-PERP+0.0100%1h$434K$360K10xas long as short
Hyperliquid LINK+0.0100%1h$79.3M$20.7M10xas long as short
Aster LINKUSDT+0.0100%8h$1.4M$2.0M50xas long as short
Pacifica LINK+0.0100%1h$273K$170K10xas 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 LINKUSDTshort+0.0100%8h$54.2M$30.1M75x
BingX LINK-USDT+0.0100%8h$19.5Mas long as short
edgeX LINKUSDC+0.0100%4h$43K$311K20xas long as short
ApeX Omni LINKUSDT+0.0100%1h$132K$652K50xas long as short
Polymarket Perps LINK-USD+0.0100%1h$74K$44K10xas 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
HTX LINK-USDT+0.0100%8h$647K$1.1M75xas long as short
Extended LINK-USD+0.0104%1h$682K$1.9M25xas long as short
Backpack LINK_USDC_PERP+0.0107%1h$388K$360K15xas long as short
BloFin LINK-USDT+0.0181%8h$5.2M$10.5M75xas long as short
Phemex LINKUSDT+0.0319%8h$20.4M$11.3M50xas long as short
Reya LINKRUSDPERPlong+0.0356%1h$4K$40020x