Settings8H · net · $10k
Funding arb · Price arb /

LINK

all LINK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0041%/8h= +4.5% APRnext payment +$0.41 per $10,000 · paid last 24h +0.020%
Price spread now: Aster against Variational Omni+0.214%7-day average +0.052% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.032%+$3 on $10k
Price spread, last 7 days−0.140%−$14 · spread now +0.214%, 7d avg +0.052%
Together, before fees−0.108%+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm board−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aster is 0.163% dearer against Variational Omni than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.052%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni LINK13.0980.0059pay 0.0059% / 8h2h 32m$3.3M$1.5M
ShortAster LINKUSDT13.1260.0100get 0.0100% / 8h2h 32m$1.6M$2.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Variational Omni. 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

Funding earned
$8.6
Price spread: +0.214% → +0.052%
$16.27
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
$16.86
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Aster: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 2 min ago3.13 bpdoesn't fit12.4 bp −$124doesn't fitdoesn't fit
Sell Aster live order book, 1 min ago1.52 bp5.7 bp −$612.1 bp −$121doesn't fitdoesn't fit

LINK on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX LINK/USD [LINK-USDC]L −0.0091% / S +0.0165%1h13.121+0.173%$1.7M200xas long as short
Kalshi KXLINKPERP0.0000%8h13.126+0.217%$466K$2.3M3.7xas long as short
Deribit LINK_USDC-PERPETUAL0.0000%1h13.119+0.161%$711K$120K50xas long as short
gTrade (Gains Network) LINK/USDL +0.0003% / S −0.0002%1h13.123+0.187%$83K150xas long as short
Phoenix LINK+0.0018%1h13.118+0.154%$3K$84K10xas long as short
dYdX LINK-USD+0.0026%1h13.124+0.197%$348K$60K10xas long as short
Injective LINK/USDC PERP+0.0033%1h12.400−5.329%$4K$48K12xas long as short
Orderly PERP_LINK_USDC+0.0048%8h13.114+0.122%$134K$1.6M20xas long as short
Variational Omni LINKlong+0.0059%8h13.098long leg$3.3M$1.5M
Lighter LINK+0.0096%1h13.125+0.209%$2.1M$2.4M10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex LINK-USD-PERP+0.0100%8h13.120+0.167%$32K$3K20xas long as short
Nado LINK-PERP+0.0100%1h13.118+0.156%$398K$318K10xas long as short
Hyperliquid LINK+0.0100%1h13.134+0.275%$77.6M$23.6M10xas long as short
Aster LINKUSDTshort+0.0100%8h13.126+0.214%$1.6M$2.7M50x
Pacifica LINK+0.0100%1h13.123+0.190%$275K$152K10xas long as short
Binance LINKUSDT+0.0100%8h13.120+0.169%$121.3M$300.0M75xas long as short
Bybit LINKUSDT+0.0100%8h13.118+0.152%$84.5M$69.2M75xas long as short
OKX LINK-USDT-SWAP+0.0100%8h13.119+0.160%$27.7M$84.7M50xas long as short
Arcus LINK-USD+0.0100%1h13.133+0.267%$184K$172K10xas long as short
Gate LINK_USDT+0.0100%8h13.122+0.183%$130.5M$12.7M75xas long as short
MEXC LINK_USDT+0.0100%8h13.121+0.175%$36.0M$56.3M300xas long as short
KuCoin LINKUSDTM+0.0100%8h13.125+0.206%$22.0M$15.8M75xas long as short
Bitget LINKUSDT+0.0100%8h13.121+0.175%$54.3M$30.1M75xas long as short
BingX LINK-USDC+0.0100%8h13.122+0.183%$6.6Mas long as short
Backpack LINK_USDC_PERP+0.0100%1h13.125+0.206%$363K$371K15xas long as short
edgeX LINKUSDC+0.0100%4h13.099+0.010%$43K$307K20xas long as short
GRVT LINK_USDT_Perp+0.0100%8h13.106+0.060%$592K$2.8M10xas long as short
ApeX Omni LINKUSDT+0.0100%1h13.110+0.091%$153K$664K50xas long as short
Polymarket Perps LINK-USD+0.0100%1h13.125+0.206%$80K$67K10xas long as short
Derive LINK-PERP+0.0100%1h13.112+0.103%$16K$16K10xas long as short
SunX LINK-USDT+0.0100%8h13.134+0.276%$33K$1.5M30xas long as short
SoDEX LINK-USD+0.0100%1h13.115+0.129%$5K$40K10xas long as short
HTX LINK-USDT+0.0100%8h13.105+0.055%$644K$911K75xas long as short
Extended LINK-USD+0.0104%1h13.118+0.152%$664K$1.9M25xas long as short
Aevo LINK-PERP+0.0104%1h13.118+0.154%$550K$2K3xas long as short
Coinbase International LINK-PERP-INTX+0.0104%1h13.122+0.183%$988K$2.7M50xas long as short
BloFin LINK-USDT+0.0220%8h13.118+0.152%$5.2M$16.8M75xas long as short
Reya LINKRUSDPERP+0.0373%1h13.119+0.162%$5K20xas long as short
Phemex LINKUSDT+0.0483%8h13.130+0.244%$20.3M$11.5M50xas long as short
Kraken Futures PF_LINKUSD+0.0505%1h13.126+0.210%$7.0M$7.8M50xas long as short