Funding arb · Price arb /

LINK

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.014%

Price spread now: SoDEX against Aster+0.062%7-day average — · you sell dearer than you buy

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

Long on Aster Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.062% dearer against Aster than usual: you sell high and buy low, +$6 on $10k if it 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	Aster LINKUSDT	13.026	0.0100	pay 0.0100% / 8h	6h 21m	$1.3M	$3.0M	50x
Short	SoDEX LINK-USD	13.034	0.0100	get 0.0013% / 1h	21m 48s	$15K	$41K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.062%Rate

Funding earned: $0
Price spread: +0.062% → 0.000%: $6.16
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$9.84
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 2 min ago; SoDEX: 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 Aster live order book, 2 min ago	1.15 bp	8.5 bp −$9	18.7 bp −$187	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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 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	13.039	+0.102%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.051	+0.191%	$474K	$2.3M	3.7x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0009%	1h	13.039	+0.098%	$160K	—	150x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−4.806%	$4K	$48K	12x	as long as short
Phoenix LINK	+0.0049%	1h	13.024	−0.015%	$3K	$86K	10x	as long as short
Orderly PERP_LINK_USDC	+0.0068%	8h	13.035	+0.069%	$118K	$1.5M	20x	as long as short
Deribit LINK_USDC-PERPETUAL	+0.0072%	1h	13.043	+0.134%	$775K	$212K	50x	as long as short
Coinbase International LINK-PERP-INTX	+0.0072%	1h	13.049	+0.177%	$957K	$2.7M	50x	as long as short
Lighter LINK	+0.0096%	1h	13.015	−0.084%	$1.9M	$2.8M	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	13.012	−0.111%	$31K	$2K	20x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado LINK-PERP	+0.0100%	1h	13.041	+0.115%	$396K	$322K	10x	as long as short
Aster LINKUSDTlong	+0.0100%	8h	13.026	long leg	$1.3M	$3.0M	50x
Pacifica LINK	+0.0100%	1h	13.018	−0.063%	$276K	$170K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.014	−0.093%	$119.5M	$303.1M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.010	−0.123%	$84.0M	$72.5M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.010	−0.123%	$27.4M	$84.3M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.058	+0.246%	$183K	$166K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.028	+0.016%	$128.5M	$12.8M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.012	−0.107%	$33.0M	$59.2M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.017	−0.069%	$22.5M	$14.4M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.017	−0.069%	$54.2M	$30.9M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	13.020	−0.046%	—	$6.6M	—	as long as short
Variational Omni LINK	+0.0100%	8h	13.044	+0.141%	$3.4M	$1.6M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.024	−0.013%	$43K	$308K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.047	+0.161%	$592K	$2.7M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.048	+0.169%	$134K	$675K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.050	+0.184%	$81K	$70K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.038	+0.092%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.054	+0.215%	$34K	$1.5M	30x	as long as short
SoDEX LINK-USDshort	+0.0100%	1h	13.034	+0.062%	$15K	$41K	10x
HTX LINK-USDT	+0.0100%	8h	13.025	−0.010%	$642K	$859K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.017	−0.069%	$703K	$2.0M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	13.039	+0.103%	$547K	$2K	3x	as long as short
Backpack LINK_USDC_PERP	+0.0119%	1h	13.041	+0.115%	$339K	$386K	15x	as long as short
dYdX LINK-USD	+0.0261%	1h	13.016	−0.077%	$345K	$45K	10x	as long as short
Reya LINKRUSDPERP	+0.0384%	1h	13.044	+0.138%	$4K	—	20x	as long as short
Hyperliquid LINK	+0.0450%	1h	13.032	+0.046%	$80.5M	$26.3M	10x	as long as short
Kraken Futures PF_LINKUSD	+0.0500%	1h	13.039	+0.096%	$6.8M	$8.1M	50x	as long as short
Phemex LINKUSDT	+0.0580%	8h	13.048	+0.169%	$20.1M	$11.5M	50x	as long as short