LINK

Alert

Funding spread now, next payment 18:00 UTC−0.0529%/8h

paid, last 24h−0.081%paid, last 3 days−0.131%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 -0.131% in total (about -16.3% 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya LINKRUSDPERP	12.864	0.0362	pay 0.0045% / 1h	21m 08s	$4K	$400	20x
Short	Bybit LINKUSDT	12.848	−0.0167	pay 0.0167% / 8h	6h 21m	$82.3M	$62.5M	75x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee ReyabpFee BybitbpOrdersRate

Funding earned: −$111.11
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$128.11
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; Bybit: live order book, 4 min ago. Net counts fees only.

Price risk

price view

Price gap now: −0.128%
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 days Backtest 30 days Backtest 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Reya no order-book sample	—	—	—	—	—
Sell Bybit live order book, 4 min ago	0.39 bp	7.0 bp −$7	14.6 bp −$146	40.9 bp −$4,092	doesn'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.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Kraken Futures PF_LINKUSD	−0.0329%	1h	$6.0M	$6.4M	50x	as long as short
Bybit LINKUSDTshort	−0.0167%	8h	$82.3M	$62.5M	75x
GMX LINK/USD [LINK-USDC]	L −0.0094% / S +0.0165%	1h	$1.7M	—	200x	as long as short
Variational Omni LINK	−0.0091%	8h	$3.2M	$1.2M	—	as long as short
Phoenix LINK	−0.0080%	1h	$3K	$46K	10x	as long as short
OKX LINK-USDT-SWAP	−0.0037%	8h	$26.8M	$84.9M	50x	as long as short
dYdX LINK-USD	0.0000%	1h	$341K	$60K	10x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	$454K	$2.2M	3.7x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0008%	1h	$184K	—	150x	as long as short
MEXC LINK_USDT	+0.0025%	8h	$32.4M	$57.2M	300x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Binance LINKUSDT	+0.0026%	8h	$117.3M	$286.2M	75x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	$4K	$48K	12x	as long as short
Gate LINK_USDT	+0.0042%	8h	$129.4M	$12.0M	75x	as long as short
SoDEX LINK-USD	+0.0062%	1h	$8K	$36K	10x	as long as short
Deribit LINK_USDC-PERPETUAL	+0.0069%	1h	$684K	$104K	50x	as long as short
Orderly PERP_LINK_USDC	+0.0070%	8h	$141K	$1.7M	20x	as long as short
Paradex LINK-USD-PERP	+0.0072%	8h	$31K	$2K	20x	as long as short
Extended LINK-USD	+0.0072%	1h	$667K	$1.8M	25x	as long as short
Coinbase International LINK-PERP-INTX	+0.0072%	1h	$987K	$2.6M	50x	as long as short
Bitget LINKUSDT	+0.0087%	8h	$53.5M	$29.2M	75x	as long as short
BingX LINK-USDT	+0.0087%	8h	—	$20.0M	—	as long as short
Aevo LINK-PERP	+0.0088%	1h	$541K	$340	3x	as long as short
Lighter LINK	+0.0096%	1h	$2.0M	$2.4M	10x	as long as short
Nado LINK-PERP	+0.0100%	1h	$424K	$300K	10x	as long as short
Hyperliquid LINK	+0.0100%	1h	$75.4M	$21.8M	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	$1.3M	$2.4M	50x	as long as short
Pacifica LINK	+0.0100%	1h	$274K	$163K	10x	as long as short
Arcus LINK-USD	+0.0100%	1h	$181K	$182K	10x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	$21.1M	$16.6M	75x	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	$349K	$377K	15x	as long as short
edgeX LINKUSDC	+0.0100%	4h	$43K	$306K	20x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	$130K	$647K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	$77K	$56K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	$27K	$10K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	$33K	$1.5M	30x	as long as short
HTX LINK-USDT	+0.0100%	8h	$620K	$948K	75x	as long as short
BloFin LINK-USDT	+0.0104%	8h	$5.1M	$13.3M	75x	as long as short
Reya LINKRUSDPERPlong	+0.0362%	1h	$4K	$400	20x
Phemex LINKUSDT	+0.0408%	8h	$20.1M	$11.2M	50x	as long as short