LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.012%

Price spread now: Extended against ApeX Omni+0.457%7-day average −0.108% · you sell dearer than you buy

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs+$17as in the Price arb table

costs, in and out, $10k−$400.400% of the position

Long on ApeX Omni Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.039%−$4 on $10k

Price spread, last 4 days (all we have)−1.352%−$135 · spread now +0.457%, 7d avg −0.108%

Together, before fees−1.391%+ Points / potential airdropExtended: Active · farm board−$139 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: Extended is 0.565% dearer against ApeX Omni than usual: you sell high and buy low, +$56 on $10k if it goes back to its 7-day average of −0.108%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni LINKUSDT	12.976	0.0100	pay 0.0013% / 1h	3m 09s	$133K	$674K	50x
Short	Extended LINK-USD	13.035	0.0104	get 0.0013% / 1h	3m 09s	$703K	$2.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee ExtendedbpOrdersPrice spread, now +0.457%Rate

Funding earned: $0.84
Price spread: +0.457% → −0.108%: $56.47
Slippage, 4 orders: −$24.95
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $17.36
Costs to cover: 0.400%
Break-even: from the start

Slippage from ApeX Omni: live order book, 65 min ago; Extended: live order book, 5 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 ApeX Omni live order book, 65 min ago	6.07 bp	14.1 bp −$14	81.8 bp −$818	doesn't fit	doesn't fit
Sell Extended live order book, 5 min ago	1.92 bp	5.1 bp −$5	6.5 bp −$65	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	13.029	+0.407%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.049	+0.559%	$470K	$2.3M	3.7x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0009%	1h	13.031	+0.425%	$160K	—	150x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−4.439%	$4K	$48K	12x	as long as short
Phoenix LINK	+0.0049%	1h	13.036	+0.459%	$3K	$86K	10x	as long as short
Orderly PERP_LINK_USDC	+0.0068%	8h	13.036	+0.462%	$118K	$1.5M	20x	as long as short
Coinbase International LINK-PERP-INTX	+0.0072%	1h	13.033	+0.439%	$953K	$2.6M	50x	as long as short
Lighter LINK	+0.0096%	1h	13.040	+0.493%	$1.9M	$2.8M	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	13.035	+0.451%	$31K	$2K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	13.034	+0.443%	$396K	$318K	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LINKUSDT	+0.0100%	8h	13.036	+0.465%	$1.3M	$2.4M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.036	+0.462%	$276K	$171K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.031	+0.420%	$119.8M	$298.6M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.023	+0.362%	$84.1M	$71.4M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.025	+0.378%	$27.5M	$82.7M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.047	+0.547%	$182K	$165K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.032	+0.432%	$128.5M	$12.9M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.028	+0.401%	$33.1M	$59.5M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.032	+0.432%	$23.1M	$13.9M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.024	+0.370%	$54.1M	$30.3M	75x	as long as short
BingX LINK-USDT	+0.0100%	8h	13.026	+0.385%	—	$22.8M	—	as long as short
Variational Omni LINK	+0.0100%	8h	12.988	+0.094%	$3.4M	$1.6M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	12.974	−0.016%	$43K	$306K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.003	+0.208%	$587K	$2.7M	10x	as long as short
ApeX Omni LINKUSDTlong	+0.0100%	1h	12.976	long leg	$133K	$674K	50x
Polymarket Perps LINK-USD	+0.0100%	1h	13.042	+0.509%	$81K	$70K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.037	+0.467%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.047	+0.547%	$33K	$1.5M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.039	+0.486%	$15K	$41K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	12.957	−0.144%	$639K	$689K	75x	as long as short
Extended LINK-USDshort	+0.0104%	1h	13.035	+0.457%	$703K	$2.0M	25x
Aevo LINK-PERP	+0.0104%	1h	13.039	+0.485%	$547K	$2K	3x	as long as short
Backpack LINK_USDC_PERP	+0.0145%	1h	13.032	+0.432%	$339K	$377K	15x	as long as short
Reya LINKRUSDPERP	+0.0385%	1h	13.030	+0.416%	$4K	—	20x	as long as short
dYdX LINK-USD	+0.0418%	1h	13.033	+0.442%	$345K	$31K	10x	as long as short
Hyperliquid LINK	+0.0480%	1h	13.052	+0.586%	$81.3M	$26.3M	10x	as long as short
Kraken Futures PF_LINKUSD	+0.0500%	1h	13.046	+0.538%	$6.8M	$8.0M	50x	as long as short
Deribit LINK_USDC-PERPETUAL	+0.0525%	1h	13.042	+0.510%	$775K	$212K	50x	as long as short
Phemex LINKUSDT	+0.0606%	8h	13.046	+0.539%	$20.1M	$11.6M	50x	as long as short