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

LINK

all LINK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Aevo against ApeX Omni−0.184%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1021.025% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.006%−$1 on $10k
Price spread, last 3 days (all we have)+0.356%+$36 · spread now −0.184%, 7d avg −0.033%
Together, before fees+0.350%+$35 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: Aevo is 0.151% cheaper against ApeX Omni than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni LINKUSDT13.1840.0100pay 0.0013% / 1h11m 09s$153K$664K50x
ShortAevo LINK-PERP13.1600.0104get 0.0013% / 1h11m 09s$552K$2K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against ApeX 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
$0.84
Price spread: −0.184% → −0.033%
−$15.05
Slippage, 4 orders
−$76.49
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$116.7
Costs to cover
1.025%
Break-even
979.5 days
Slippage from ApeX Omni: live order book, 12 min ago; Aevo: live order book, 13 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 12 min ago6.08 bp13.5 bp −$1476.1 bp −$761doesn't fitdoesn't fit
Sell Aevo live order book, 13 min ago21.27 bp35.5 bp −$35189.7 bp −$1,897doesn'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 −0.0092% / S +0.0167%1h13.169−0.116%$1.8M200xas long as short
Kalshi KXLINKPERP0.0000%8h13.166−0.133%$470K$2.3M3.7xas long as short
Deribit LINK_USDC-PERPETUAL0.0000%1h13.163−0.158%$719K$125K50xas long as short
gTrade (Gains Network) LINK/USDL +0.0004% / S −0.0006%1h13.165−0.140%$133K150xas long as short
dYdX LINK-USD+0.0015%1h13.152−0.239%$348K$60K10xas long as short
Phoenix LINK+0.0018%1h13.150−0.261%$3K$84K10xas long as short
Injective LINK/USDC PERP+0.0033%1h12.400−5.947%$4K$48K12xas long as short
Orderly PERP_LINK_USDC+0.0041%8h13.155−0.220%$134K$1.6M20xas long as short
Lighter LINK+0.0096%1h13.161−0.178%$2.1M$2.4M10xas long as short
Variational Omni LINK+0.0097%8h13.185+0.007%$3.3M$1.5Mas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex LINK-USD-PERP+0.0100%8h13.156−0.214%$32K$3K20xas long as short
Nado LINK-PERP+0.0100%1h13.162−0.163%$400K$317K10xas long as short
Hyperliquid LINK+0.0100%1h13.169−0.114%$77.6M$23.7M10xas long as short
Aster LINKUSDT+0.0100%8h13.161−0.171%$1.6M$2.7M50xas long as short
Pacifica LINK+0.0100%1h13.156−0.215%$276K$150K10xas long as short
Binance LINKUSDT+0.0100%8h13.164−0.151%$122.2M$302.1M75xas long as short
Bybit LINKUSDT+0.0100%8h13.163−0.159%$84.8M$69.8M75xas long as short
OKX LINK-USDT-SWAP+0.0100%8h13.162−0.167%$27.9M$85.6M50xas long as short
Arcus LINK-USD+0.0100%1h13.172−0.091%$185K$172K10xas long as short
Gate LINK_USDT+0.0100%8h13.158−0.197%$130.6M$12.8M75xas long as short
MEXC LINK_USDT+0.0100%8h13.159−0.190%$36.8M$56.9M300xas long as short
KuCoin LINKUSDTM+0.0100%8h13.163−0.159%$22.0M$15.8M75xas long as short
Bitget LINKUSDT+0.0100%8h13.155−0.220%$54.5M$30.3M75xas long as short
BingX LINK-USDT+0.0100%8h13.159−0.190%$21.8Mas long as short
edgeX LINKUSDC+0.0100%4h13.182−0.014%$44K$309K20xas long as short
GRVT LINK_USDT_Perp+0.0100%8h13.141−0.325%$591K$2.8M10xas long as short
ApeX Omni LINKUSDTlong+0.0100%1h13.184long leg$153K$664K50x
Polymarket Perps LINK-USD+0.0100%1h13.168−0.121%$81K$67K10xas long as short
Derive LINK-PERP+0.0100%1h13.148−0.271%$16K$22K10xas long as short
SunX LINK-USDT+0.0100%8h13.184−0.001%$34K$1.6M30xas long as short
SoDEX LINK-USD+0.0100%1h13.155−0.220%$5K$40K10xas long as short
HTX LINK-USDT+0.0100%8h13.130−0.409%$646K$908K75xas long as short
Extended LINK-USD+0.0104%1h13.152−0.240%$667K$1.9M25xas long as short
Aevo LINK-PERPshort+0.0104%1h13.160−0.184%$552K$2K3x
Coinbase International LINK-PERP-INTX+0.0104%1h13.161−0.174%$990K$2.8M50xas long as short
Backpack LINK_USDC_PERP+0.0114%1h13.170−0.106%$367K$373K15xas long as short
BloFin LINK-USDT+0.0220%8h13.159−0.190%$5.3M$17.0M75xas long as short
Reya LINKRUSDPERP+0.0374%1h13.165−0.141%$5K20xas long as short
Phemex LINKUSDT+0.0464%8h13.176−0.061%$20.4M$11.6M50xas long as short
Kraken Futures PF_LINKUSD+0.0503%1h13.164−0.154%$6.9M$7.9M50xas long as short