LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%

Price spread now: Nado against Aevo+0.110%50s7-day average −0.031% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$850.846% of the position

Long on Aevo Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.003%$0 on $10k

Price spread, last 3 days (all we have)−0.179%−$18 · spread now +0.110%, 7d avg −0.031%

Together, before fees−0.182%+ Points / potential airdropNado: Active · farm board−$18 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.141% dearer against Aevo than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.031%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo LINK-PERP	13.014	0.0104	pay 0.0013% / 1h	59m 32s	$546K	$2K	3x
Short	Nado LINK-PERP	13.028	0.0100	get 0.0012% / 1h	59m 32s	$396K	$317K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now +0.110%Rate

Funding earned: −$0.84
Price spread: +0.110% → −0.031%: $14.08
Slippage, 4 orders: −$61.56
Fee Aevo: 8 bp × 2 orders: −$16
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$71.32
Costs to cover: 0.846%
Break-even: never at this rate

Slippage from Aevo: live order book, 5 min ago; Nado: live order book, 3 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, 5 min ago	19.56 bp	33.1 bp −$33	doesn't fit	doesn't fit	doesn't fit
Sell Nado live order book, 3 min ago	0.38 bp	7.7 bp −$8	18.1 bp −$181	doesn't fit	doesn't fit

LINK on 39 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 −0.0090% / S +0.0167%	1h	13.011	−0.022%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.025	+0.084%	$470K	$2.3M	3.7x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0009%	1h	13.023	+0.072%	$160K	—	150x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−4.716%	$4K	$48K	12x	as long as short
Phoenix LINK	+0.0049%	1h	13.030	+0.127%	$3K	$83K	10x	as long as short
Orderly PERP_LINK_USDC	+0.0068%	8h	13.014	+0.002%	$117K	$1.5M	20x	as long as short
Coinbase International LINK-PERP-INTX	+0.0072%	1h	13.020	+0.049%	$953K	$2.6M	50x	as long as short
Lighter LINK	+0.0096%	1h	13.037	+0.183%	$1.9M	$2.8M	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	13.037	+0.177%	$31K	$2K	20x	as long as short
Nado LINK-PERPshort	+0.0100%	1h	13.028	+0.110%	$396K	$317K	10x

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LINKUSDT	+0.0100%	8h	13.038	+0.189%	$1.3M	$2.4M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.039	+0.198%	$275K	$168K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.033	+0.148%	$119.9M	$297.5M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.023	+0.072%	$84.2M	$71.3M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.024	+0.079%	$27.5M	$82.5M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.047	+0.256%	$182K	$165K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.031	+0.133%	$128.5M	$12.5M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.026	+0.095%	$32.4M	$56.6M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.036	+0.171%	$23.1M	$13.8M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.028	+0.110%	$54.2M	$30.2M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	13.034	+0.156%	—	$6.6M	—	as long as short
Variational Omni LINK	+0.0100%	8h	13.019	+0.043%	$3.4M	$1.6M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.027	+0.099%	$43K	$307K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.036	+0.169%	$589K	$2.7M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.028	+0.110%	$134K	$672K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.033	+0.148%	$81K	$70K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.015	+0.012%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.031	+0.135%	$33K	$1.5M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.017	+0.025%	$5K	$46K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.011	−0.018%	$642K	$687K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.028	+0.109%	$703K	$2.0M	25x	as long as short
Aevo LINK-PERPlong	+0.0104%	1h	13.014	long leg	$546K	$2K	3x
Backpack LINK_USDC_PERP	+0.0142%	1h	13.023	+0.072%	$339K	$378K	15x	as long as short
Deribit LINK_USDC-PERPETUAL	+0.0319%	1h	13.021	+0.057%	$773K	$212K	50x	as long as short
Reya LINKRUSDPERP	+0.0385%	1h	13.021	+0.055%	$4K	—	20x	as long as short
dYdX LINK-USD	+0.0416%	1h	13.032	+0.142%	$345K	$30K	10x	as long as short
Hyperliquid LINK	+0.0489%	1h	13.043	+0.225%	$81.5M	$26.4M	10x	as long as short
Kraken Futures PF_LINKUSD	+0.0501%	1h	13.019	+0.042%	$6.8M	$8.0M	50x	as long as short
Phemex LINKUSDT	+0.0628%	8h	13.034	+0.156%	$20.1M	$11.6M	50x	as long as short