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+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.051%
Price spread now: BloFin against Variational Omni+0.123%86s7-day average +0.025% · 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)+0.134%+$13 on $10k
Price spread, last 3 days (all we have)−0.032%−$3 · spread now +0.123%, 7d avg +0.025%
Together, before fees+0.102%+ Points / potential airdropVariational Omni: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.098% dearer against Variational Omni than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.025%. The two prices were read 86 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni LINK13.1160.0100pay 0.0100% / 8h1h 25m$3.3M$1.5M
ShortBloFin LINK-USDT13.1320.0220get 0.0220% / 8h1h 25m$5.2M$17.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$25.2
Price spread: +0.123% → +0.025%
$9.78
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
$22.98
Costs to cover
0.120%
Break-even
0.6 days
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; BloFin: live order book, 3 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, 3 min ago3.13 bpdoesn't fit9.5 bp −$95doesn't fitdoesn't fit
Sell BloFin live order book, 3 min ago0.76 bp6.8 bp −$714.0 bp −$14034.8 bp −$3,482doesn'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 −0.0090% / S +0.0167%1h13.119+0.026%$1.8M200xas long as short
dYdX LINK-USD0.0000%1h13.122+0.044%$348K$48K10xas long as short
Kalshi KXLINKPERP0.0000%8h13.141+0.189%$460K$2.3M3.7xas long as short
Deribit LINK_USDC-PERPETUAL0.0000%1h13.118+0.018%$716K$125K50xas long as short
gTrade (Gains Network) LINK/USDL +0.0004% / S −0.0006%1h13.123+0.052%$133K150xas long as short
Injective LINK/USDC PERP+0.0033%1h12.400−5.458%$4K$48K12xas long as short
Phoenix LINK+0.0037%1h13.111−0.037%$3K$81K10xas long as short
Orderly PERP_LINK_USDC+0.0041%8h13.118+0.016%$133K$1.5M20xas long as short
Lighter LINK+0.0096%1h13.121+0.039%$2.1M$2.4M10xas long as short
Paradex LINK-USD-PERP+0.0100%8h13.112−0.030%$32K$3K20xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado LINK-PERP+0.0100%1h13.121+0.043%$401K$314K10xas long as short
Hyperliquid LINK+0.0100%1h13.132+0.123%$77.4M$24.0M10xas long as short
Aster LINKUSDT+0.0100%8h13.121+0.036%$1.5M$2.9M50xas long as short
Pacifica LINK+0.0100%1h13.119+0.022%$275K$148K10xas long as short
Binance LINKUSDT+0.0100%8h13.115−0.007%$121.7M$302.9M75xas long as short
Bybit LINKUSDT+0.0100%8h13.118+0.016%$84.6M$70.2M75xas long as short
OKX LINK-USDT-SWAP+0.0100%8h13.124+0.062%$27.6M$85.7M50xas long as short
Arcus LINK-USD+0.0100%1h13.137+0.161%$184K$172K10xas long as short
Gate LINK_USDT+0.0100%8h13.116+0.001%$130.1M$12.7M75xas long as short
MEXC LINK_USDT+0.0100%8h13.118+0.016%$36.4M$56.5M300xas long as short
KuCoin LINKUSDTM+0.0100%8h13.122+0.047%$22.4M$15.6M75xas long as short
Bitget LINKUSDT+0.0100%8h13.122+0.047%$54.8M$30.5M75xas long as short
BingX LINK-USDC+0.0100%8h13.124+0.062%$6.6Mas long as short
Variational Omni LINKlong+0.0100%8h13.116long leg$3.3M$1.5M
edgeX LINKUSDC+0.0100%4h13.123+0.053%$44K$307K20xas long as short
GRVT LINK_USDT_Perp+0.0100%8h13.136+0.154%$594K$2.7M10xas long as short
ApeX Omni LINKUSDT+0.0100%1h13.133+0.131%$153K$669K50xas long as short
Polymarket Perps LINK-USD+0.0100%1h13.123+0.054%$80K$68K10xas long as short
Derive LINK-PERP+0.0100%1h13.115−0.007%$16K$22K10xas long as short
SunX LINK-USDT+0.0100%8h13.129+0.100%$34K$1.6M30xas long as short
SoDEX LINK-USD+0.0100%1h13.112−0.029%$5K$38K10xas long as short
HTX LINK-USDT+0.0100%8h13.109−0.049%$644K$894K75xas long as short
Extended LINK-USD+0.0104%1h13.121+0.040%$675K$1.8M25xas long as short
Aevo LINK-PERP+0.0104%1h13.117+0.005%$550K$2K3xas long as short
Coinbase International LINK-PERP-INTX+0.0120%1h13.120+0.032%$989K$2.7M50xas long as short
Backpack LINK_USDC_PERP+0.0187%1h13.118+0.016%$363K$375K15xas long as short
BloFin LINK-USDTshort+0.0220%8h13.132+0.123%$5.2M$17.0M75x
Reya LINKRUSDPERP+0.0376%1h13.119+0.027%$5K20xas long as short
Phemex LINKUSDT+0.0476%8h13.132+0.123%$20.3M$11.5M50xas long as short
Kraken Futures PF_LINKUSD+0.0697%1h13.120+0.033%$6.9M$8.1M50xas long as short