LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.030%

Price spread now: BloFin against Aster−0.087%7-day average −0.030% · you buy dearer than you sell

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$430.427% of the position

Long on Aster Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.173%+$17 on $10k

Price spread, last 3 days (all we have)+0.086%+$9 · spread now −0.087%, 7d avg −0.030%

Together, before fees+0.259%+ Points / potential airdropAster: Stage 5 · farm board+$26 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.058% cheaper against Aster than usual: you would sell low and buy high (spread −0.087% now, against its 7-day average of −0.030%). If the spread goes back, that is −$6 on $10k: about 39 hours of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster LINKUSDT	13.108	0.0100	pay 0.0100% / 8h	1h 31m	$1.5M	$2.8M	50x
Short	BloFin LINK-USDT	13.097	0.0220	get 0.0220% / 8h	1h 31m	$5.2M	$16.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Aster. 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 AsterbpFee BloFinbpOrdersPrice spread, now −0.087%Rate

Funding earned: $25.2
Price spread: −0.087% → −0.030%: −$5.79
Slippage, 4 orders: −$22.68
Fee Aster: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$23.27
Costs to cover: 0.427%
Break-even: 13.5 days

Slippage from Aster: live order book, 2 min ago; BloFin: 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 Aster live order book, 2 min ago	1.52 bp	13.8 bp −$14	26.1 bp −$261	doesn't fit	doesn't fit
Sell BloFin live order book, 3 min ago	1.14 bp	9.5 bp −$10	14.4 bp −$144	30.6 bp −$3,057	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 −0.0090% / S +0.0167%	1h	13.113	+0.035%	$1.8M	—	200x	as long as short
dYdX LINK-USD	0.0000%	1h	13.123	+0.114%	$348K	$48K	10x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.123	+0.111%	$461K	$2.3M	3.7x	as long as short
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	13.106	−0.016%	$716K	$125K	50x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0006%	1h	13.114	+0.042%	$133K	—	150x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−5.405%	$4K	$48K	12x	as long as short
Phoenix LINK	+0.0037%	1h	13.134	+0.193%	$3K	$81K	10x	as long as short
Orderly PERP_LINK_USDC	+0.0041%	8h	13.101	−0.057%	$133K	$1.5M	20x	as long as short
Lighter LINK	+0.0096%	1h	13.107	−0.013%	$2.1M	$2.4M	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	13.119	+0.081%	$32K	$3K	20x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado LINK-PERP	+0.0100%	1h	13.117	+0.065%	$398K	$313K	10x	as long as short
Hyperliquid LINK	+0.0100%	1h	13.116	+0.057%	$77.4M	$23.8M	10x	as long as short
Aster LINKUSDTlong	+0.0100%	8h	13.108	long leg	$1.5M	$2.8M	50x
Pacifica LINK	+0.0100%	1h	13.121	+0.098%	$275K	$149K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.102	−0.049%	$121.6M	$302.6M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.102	−0.049%	$84.5M	$70.1M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.104	−0.034%	$27.5M	$85.5M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.136	+0.210%	$184K	$172K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.104	−0.034%	$130.1M	$12.7M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.102	−0.049%	$36.2M	$56.3M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.107	−0.011%	$22.4M	$15.6M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.103	−0.042%	$54.6M	$30.4M	75x	as long as short
BingX LINK-USDT	+0.0100%	8h	13.105	−0.026%	—	$21.5M	—	as long as short
Variational Omni LINK	+0.0100%	8h	13.155	+0.355%	$3.3M	$1.5M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.147	+0.294%	$44K	$309K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.146	+0.287%	$594K	$2.7M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.154	+0.347%	$153K	$668K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.119	+0.080%	$80K	$68K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.102	−0.046%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.129	+0.157%	$34K	$1.6M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.104	−0.034%	$5K	$38K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.082	−0.206%	$643K	$894K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.101	−0.055%	$675K	$1.8M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	13.106	−0.018%	$550K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0120%	1h	13.123	+0.111%	$990K	$2.7M	50x	as long as short
Backpack LINK_USDC_PERP	+0.0175%	1h	13.113	+0.035%	$363K	$375K	15x	as long as short
BloFin LINK-USDTshort	+0.0220%	8h	13.097	−0.087%	$5.2M	$16.9M	75x
Reya LINKRUSDPERP	+0.0376%	1h	13.114	+0.046%	$5K	—	20x	as long as short
Phemex LINKUSDT	+0.0476%	8h	13.122	+0.103%	$20.3M	$11.5M	50x	as long as short
Kraken Futures PF_LINKUSD	+0.0697%	1h	13.112	+0.024%	$6.9M	$8.1M	50x	as long as short