LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+0.0330%/8h= +36.1% APRnext payment +$0.41 per $10,000 · paid last 24h +0.089%

Price spread now: Reya against Aevo+0.051%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on Reya

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Reya is 0.051% dearer against Aevo than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo LINK-PERP	12.969	0.0104	pay 0.0013% / 1h	9m 34s	$544K	$2K	3x
Short	Reya LINKRUSDPERP	12.976	0.0434	get 0.0054% / 1h	9m 34s	$4K	$3	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now +0.051%Rate

Funding earned: $69.32
Price spread: +0.051% → 0.000%: $5.06
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Reya: 3 bp × 2 orders: −$6
Net: $52.38
Costs to cover: 0.220%
Break-even: 1.7 days

Slippage unknown: Aevo: live order book, 58 min ago; Reya: no order-book sample. Net counts fees only.

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, 58 min ago	26.52 bp	40.6 bp −$41	213.2 bp −$2,132	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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 40 exchanges

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
Injective LINK/USDC PERP	−0.0318%	1h	12.970	+0.008%	$4K	$116K	12x	as long as short
Orderly PERP_LINK_USDC	−0.0112%	8h	12.961	−0.062%	$76K	$368K	20x	as long as short
GMX LINK/USD [LINK-USDC]	L −0.0087% / S +0.0165%	1h	12.967	−0.016%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	12.985	+0.124%	$681K	$2.1M	3.7x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0003% / S −0.0001%	1h	12.965	−0.029%	$117K	—	150x	as long as short
Kraken Futures PF_LINKUSD	+0.0019%	1h	12.964	−0.035%	$6.2M	$9.0M	50x	as long as short
Phoenix LINK	+0.0043%	1h	12.993	+0.187%	$3K	$86K	10x	as long as short
HTX LINK-USDT	+0.0045%	8h	12.921	−0.367%	$626K	$830K	75x	as long as short
Lighter LINK	+0.0096%	1h	12.968	−0.004%	$1.9M	$2.5M	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	12.961	−0.061%	$30K	$1K	20x	as long as short

Show all 40 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado LINK-PERP	+0.0100%	1h	12.960	−0.066%	$331K	$262K	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	12.967	−0.017%	$1.3M	$2.3M	50x	as long as short
Pacifica LINK	+0.0100%	1h	12.965	−0.031%	$273K	$145K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	12.957	−0.094%	$124.1M	$267.2M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	12.959	−0.077%	$84.8M	$72.0M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	12.958	−0.085%	$26.8M	$70.3M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	12.976	+0.054%	$236K	$384K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	12.963	−0.046%	$135.3M	$19.8M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	12.965	−0.031%	$34.6M	$49.5M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	12.972	+0.023%	$23.6M	$10.9M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	12.961	−0.062%	$54.7M	$25.3M	75x	as long as short
BingX LINK-USDT	+0.0100%	8h	12.961	−0.062%	—	$14.5M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	12.969	0.000%	$339K	$275K	15x	as long as short
Variational Omni LINK	+0.0100%	8h	12.965	−0.027%	$3.8M	$2.4M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	12.983	+0.110%	$39K	$397K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	12.971	+0.017%	$585K	$3.4M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	12.983	+0.108%	$102K	$718K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	12.979	+0.077%	$88K	$32K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	12.961	−0.060%	$15K	$13K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	12.975	+0.045%	$33K	$1.1M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	12.963	−0.046%	$11K	$102K	10x	as long as short
Extended LINK-USD	+0.0104%	1h	12.957	−0.090%	$628K	$644K	25x	as long as short
Aevo LINK-PERPlong	+0.0104%	1h	12.969	long leg	$544K	$2K	3x
Hyperliquid LINK	+0.0213%	1h	12.980	+0.085%	$84.0M	$25.0M	10x	as long as short
BloFin LINK-USDT	+0.0220%	8h	12.975	+0.046%	$5.5M	$8.9M	75x	as long as short
Coinbase International LINK-PERP-INTX	+0.0240%	1h	12.982	+0.100%	$990K	$4.0M	50x	as long as short
dYdX LINK-USD	+0.0422%	1h	12.974	+0.036%	$349K	$19K	10x	as long as short
Reya LINKRUSDPERPshort	+0.0434%	1h	12.976	+0.051%	$4K	$3	20x
Deribit LINK_USDC-PERPETUAL	+0.0475%	1h	12.973	+0.032%	$1.0M	$536K	50x	as long as short
Phemex LINKUSDT	+0.0547%	8h	12.981	+0.093%	$20.0M	$8.9M	50x	as long as short