LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0097%/8h= −10.7% APRnext payment −$0.12 per $10,000 · paid last 24h −0.029%

Price spread now: gTrade (Gains Network) against Aevo−0.046%7-day average −0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$351as in the Price arb table

costs, in and out, $10k−$3473.471% of the position

Long on Aevo Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.095%−$9 on $10k

Price spread, last 3 days (all we have)+0.034%+$3 · spread now −0.046%, 7d avg −0.003%

Together, before fees−0.060%−$6 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.043% cheaper against Aevo than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.003%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo LINK-PERP	13.186	0.0104	pay 0.0013% / 1h	32m 07s	$553K	$2K	3x
Short	gTrade (Gains Network) LINK/USD	13.180	L +0.0004% / S −0.0007%	get 0.0001% / 1h	32m 07s	$134K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Aevo. 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

Position, each leg$Hold fordaysFee AevobpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.046%Rate

Funding earned: −$20.43
Price spread: −0.046% → −0.003%: −$4.32
Slippage, 4 orders: −$321.09
Fee Aevo: 8 bp × 2 orders: −$16
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$371.84
Costs to cover: 3.471%
Break-even: never at this rate

Slippage from Aevo: live order book, 42 min ago; gTrade (Gains Network): virtual book (oracle venue), 37 min ago.

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 Aevo live order book, 42 min ago	20.97 bp	30.8 bp −$31	164.3 bp −$1,643	doesn't fit	doesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 37 min ago	130.01 bp	142.5 bp −$142	1049.2 bp −$10.5K	doesn't fit	doesn't fit

LINK on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX LINK/USD [LINK-USDC]	L −0.0091% / S +0.0167%	1h	13.180	−0.044%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.186	−0.001%	$476K	$2.2M	3.7x	as long as short
gTrade (Gains Network) LINK/USDshort	L +0.0004% / S −0.0007%	1h	13.180	−0.046%	$134K	—	150x
Deribit LINK_USDC-PERPETUAL	+0.0031%	1h	13.190	+0.027%	$783K	$211K	50x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−5.961%	$4K	$48K	12x	as long as short
Phoenix LINK	+0.0036%	1h	13.209	+0.171%	$4K	$89K	10x	as long as short
Orderly PERP_LINK_USDC	+0.0049%	8h	13.179	−0.054%	$133K	$1.5M	20x	as long as short
Lighter LINK	+0.0096%	1h	13.185	−0.010%	$2.0M	$2.7M	10x	as long as short
Paradex LINK-USD-PERP	+0.0099%	8h	13.172	−0.105%	$32K	$3K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	13.174	−0.090%	$404K	$309K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LINKUSDT	+0.0100%	8h	13.176	−0.076%	$1.4M	$3.0M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.182	−0.034%	$276K	$155K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.188	+0.015%	$122.6M	$302.2M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.186	−0.001%	$85.0M	$70.9M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.188	+0.015%	$27.8M	$84.5M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.190	+0.030%	$185K	$172K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.187	+0.007%	$130.5M	$12.3M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.189	+0.022%	$36.8M	$58.6M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.186	−0.001%	$23.0M	$14.6M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.189	+0.022%	$54.9M	$30.2M	75x	as long as short
BingX LINK-USDT	+0.0100%	8h	13.189	+0.022%	—	$21.0M	—	as long as short
Variational Omni LINK	+0.0100%	8h	13.213	+0.208%	$3.4M	$1.6M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.198	+0.088%	$44K	$310K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.195	+0.068%	$593K	$2.7M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.220	+0.257%	$154K	$667K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.176	−0.076%	$82K	$69K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.182	−0.032%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.195	+0.071%	$34K	$1.5M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.186	−0.001%	$5K	$28K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.169	−0.126%	$648K	$853K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.183	−0.025%	$670K	$2.0M	25x	as long as short
Aevo LINK-PERPlong	+0.0104%	1h	13.186	long leg	$553K	$2K	3x
Coinbase International LINK-PERP-INTX	+0.0120%	1h	13.187	+0.007%	$1.0M	$2.7M	50x	as long as short
Backpack LINK_USDC_PERP	+0.0191%	1h	13.196	+0.075%	$368K	$368K	15x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.196	+0.075%	$5.3M	$16.0M	75x	as long as short
dYdX LINK-USD	+0.0358%	1h	13.178	−0.058%	$349K	$48K	10x	as long as short
Kraken Futures PF_LINKUSD	+0.0364%	1h	13.195	+0.067%	$6.9M	$8.0M	50x	as long as short
Reya LINKRUSDPERP	+0.0381%	1h	13.171	−0.114%	$5K	—	20x	as long as short
Phemex LINKUSDT	+0.0519%	8h	13.200	+0.106%	$20.4M	$11.6M	50x	as long as short
Hyperliquid LINK	+0.0591%	1h	13.206	+0.151%	$81.7M	$25.1M	10x	as long as short