LINK

Alert

Funding spread now, next payment 15:00 UTC−0.0031%/8h

paid, last 24h−0.004%paid, last 3 days−0.003%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX LINK-USD	12.939	0.0068	pay 0.0009% / 1h	44m 42s	$8K	$45K	10x
Short	Variational Omni LINK	12.935	0.0037	get 0.0037% / 8h	1h 44m	$3.2M	$1.1M	—

Funding history

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Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee SoDEXbpFee Variational OmnibpOrdersRate

Funding earned: −$6.54
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$14.54
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; Variational Omni: RFQ quote, 1 min ago. Net counts fees only.

Price risk

price view

Price gap now: −0.030%
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 SoDEX no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 1 min ago	3.13 bp	doesn't fit	8.7 bp −$87	doesn't fit	doesn't fit

SoDEX: 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
GMX LINK/USD [LINK-USDC]	L −0.0081% / S +0.0153%	1h	$1.7M	—	200x	as long as short
Phoenix LINK	−0.0074%	1h	$4K	$41K	10x	as long as short
dYdX LINK-USD	0.0000%	1h	$342K	$60K	10x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	$448K	$2.1M	3.7x	as long as short
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	$702K	$73K	50x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0003% / S −0.0012%	1h	$152K	—	150x	as long as short
Kraken Futures PF_LINKUSD	+0.0015%	1h	$6.3M	$6.2M	50x	as long as short
Gate LINK_USDT	+0.0018%	8h	$131.6M	$12.4M	75x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	$4K	$106K	12x	as long as short
Variational Omni LINKshort	+0.0037%	8h	$3.2M	$1.1M	—

Show all 39 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Paradex LINK-USD-PERP	+0.0043%	8h	$31K	$2K	20x	as long as short
Bybit LINKUSDT	+0.0056%	8h	$80.1M	$60.9M	75x	as long as short
Coinbase International LINK-PERP-INTX	+0.0056%	1h	$952K	$2.6M	50x	as long as short
SoDEX LINK-USDlong	+0.0068%	1h	$8K	$45K	10x
MEXC LINK_USDT	+0.0075%	8h	$32.2M	$55.9M	300x	as long as short
Binance LINKUSDT	+0.0075%	8h	$117.3M	$277.8M	75x	as long as short
Lighter LINK	+0.0096%	1h	$2.0M	$2.9M	10x	as long as short
Aevo LINK-PERP	+0.0096%	1h	$544K	$340	3x	as long as short
Orderly PERP_LINK_USDC	+0.0099%	8h	$217K	$1.5M	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	$424K	$357K	10x	as long as short
Hyperliquid LINK	+0.0100%	1h	$78.3M	$21.4M	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	$1.4M	$2.0M	50x	as long as short
Pacifica LINK	+0.0100%	1h	$273K	$162K	10x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	$27.4M	$87.8M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	$182K	$195K	10x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	$21.3M	$17.9M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	$53.5M	$30.2M	75x	as long as short
BingX LINK-USDT	+0.0100%	8h	—	$19.1M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	$385K	$357K	15x	as long as short
edgeX LINKUSDC	+0.0100%	4h	$43K	$312K	20x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	$131K	$651K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	$76K	$26K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	$29K	$6K	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	$641K	$1.2M	75x	as long as short
Extended LINK-USD	+0.0104%	1h	$673K	$1.9M	25x	as long as short
BloFin LINK-USDT	+0.0196%	8h	$5.2M	$8.7M	75x	as long as short
Phemex LINKUSDT	+0.0338%	8h	$20.3M	$11.2M	50x	as long as short
Reya LINKRUSDPERP	+0.0353%	1h	$4K	$400	20x	as long as short