Funding arb · Price arb /

LINK

all LINK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%

Price spread now: MEXC against Aster−0.024%7-day average −0.038% · you buy dearer than you sell

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$210.210% of the position

Long on Aster Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.066%−$7 on $10k

Price spread, last 7 days−0.039%−$4 · spread now −0.024%, 7d avg −0.038%

Together, before fees−0.105%+ Points / potential airdropAster: Stage 5 · farm board−$11 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster LINKUSDT	13.178	0.0100	pay 0.0100% / 8h	2h 20m	$1.6M	$2.7M	50x
Short	MEXC LINK_USDT	13.175	0.0100	get 0.0100% / 8h	2h 20m	$37.1M	$56.7M	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.024%Rate

Funding earned: $0
Price spread: −0.024% → −0.038%: $1.38
Slippage, 4 orders: −$13.04
Fee Aster: 4 bp × 2 orders: −$8
Fee MEXC: 0 bp × 2 orders: $0
Net: −$19.65
Costs to cover: 0.210%
Break-even: never at this rate

Slippage from Aster: live order book, 3 min ago; MEXC: 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, 3 min ago	1.52 bp	13.4 bp −$13	25.3 bp −$253	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	0.38 bp	0.6 bp −$1	3.8 bp −$38	22.7 bp −$2,266	44.6 bp −$22.3K

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 −0.0092% / S +0.0166%	1h	13.163	−0.112%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.171	−0.052%	$483K	$2.3M	3.7x	as long as short
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	13.171	−0.054%	$714K	$120K	50x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0006%	1h	13.165	−0.096%	$133K	—	150x	as long as short
dYdX LINK-USD	+0.0018%	1h	13.174	−0.030%	$349K	$60K	10x	as long as short
Phoenix LINK	+0.0018%	1h	13.159	−0.147%	$3K	$84K	10x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−5.905%	$4K	$48K	12x	as long as short
Orderly PERP_LINK_USDC	+0.0043%	8h	13.161	−0.131%	$135K	$1.6M	20x	as long as short
Variational Omni LINK	+0.0076%	8h	13.148	−0.229%	$3.3M	$1.5M	—	as long as short
Lighter LINK	+0.0096%	1h	13.179	+0.009%	$2.1M	$2.4M	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex LINK-USD-PERP	+0.0100%	8h	13.174	−0.035%	$32K	$3K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	13.165	−0.100%	$399K	$318K	10x	as long as short
Hyperliquid LINK	+0.0100%	1h	13.190	+0.089%	$78.0M	$23.5M	10x	as long as short
Aster LINKUSDTlong	+0.0100%	8h	13.178	long leg	$1.6M	$2.7M	50x
Pacifica LINK	+0.0100%	1h	13.177	−0.006%	$276K	$150K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.174	−0.034%	$122.1M	$300.5M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.172	−0.047%	$84.8M	$69.3M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.173	−0.040%	$27.9M	$85.5M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.186	+0.059%	$185K	$172K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.178	−0.002%	$131.0M	$12.7M	75x	as long as short
MEXC LINK_USDTshort	+0.0100%	8h	13.175	−0.024%	$37.1M	$56.7M	300x
KuCoin LINKUSDTM	+0.0100%	8h	13.180	+0.014%	$22.0M	$15.7M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.174	−0.032%	$54.5M	$30.1M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	13.175	−0.024%	—	$6.6M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.151	−0.204%	$44K	$307K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.145	−0.252%	$593K	$2.8M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.155	−0.176%	$153K	$663K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.170	−0.062%	$81K	$67K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.165	−0.102%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.183	+0.035%	$34K	$1.5M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.168	−0.078%	$5K	$40K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.158	−0.153%	$647K	$908K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.170	−0.063%	$667K	$1.9M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	13.169	−0.067%	$552K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0104%	1h	13.165	−0.100%	$988K	$2.7M	50x	as long as short
Backpack LINK_USDC_PERP	+0.0120%	1h	13.183	+0.036%	$365K	$372K	15x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.164	−0.108%	$5.2M	$16.9M	75x	as long as short
Reya LINKRUSDPERP	+0.0373%	1h	13.156	−0.167%	$5K	—	20x	as long as short
Phemex LINKUSDT	+0.0465%	8h	13.179	+0.006%	$20.4M	$11.5M	50x	as long as short
Kraken Futures PF_LINKUSD	+0.0503%	1h	13.177	−0.006%	$7.0M	$7.8M	50x	as long as short