LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.04 per $10,000 · paid last 24h −0.004%

Price spread now: SoDEX against Coinbase International−0.094%7-day average — · you buy dearer than you sell

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

Long on Coinbase International 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—needs both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and SoDEX is 0.094% cheaper against Coinbase International than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International LINK-PERP-INTX	12.833	0.0128	pay 0.0016% / 1h	27m 29s	$913K	$2.8M	50x
Short	SoDEX LINK-USD	12.821	0.0100	get 0.0013% / 1h	27m 29s	$10K	$63K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Coinbase International. 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 Coinbase InternationalbpFee SoDEXbpOrdersPrice spread, now −0.094%Rate

Funding earned: −$5.88
Price spread: −0.094% → 0.000%: −$9.35
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$33.23
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 1 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 Coinbase International live order book, 1 min ago	3.12 bp	9.6 bp −$10	13.3 bp −$133	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 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 −0.0089% / S +0.0166%	1h	12.817	−0.122%	$1.7M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	12.834	+0.005%	$503K	$2.3M	3.7x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0005%	1h	12.806	−0.209%	$154K	—	150x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−3.374%	$4K	$48K	12x	as long as short
Orderly PERP_LINK_USDC	+0.0043%	8h	12.801	−0.249%	$94K	$1.2M	20x	as long as short
Phoenix LINK	+0.0074%	1h	12.848	+0.114%	$3K	$82K	10x	as long as short
Deribit LINK_USDC-PERPETUAL	+0.0078%	1h	12.826	−0.055%	$792K	$241K	50x	as long as short
Lighter LINK	+0.0096%	1h	12.812	−0.163%	$1.9M	$2.8M	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	12.809	−0.185%	$31K	$2K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	12.806	−0.206%	$343K	$343K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LINKUSDT	+0.0100%	8h	12.809	−0.187%	$1.2M	$2.4M	50x	as long as short
Pacifica LINK	+0.0100%	1h	12.814	−0.148%	$273K	$186K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	12.809	−0.187%	$117.9M	$302.8M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	12.804	−0.226%	$82.7M	$73.5M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	12.804	−0.226%	$27.1M	$79.7M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	12.828	−0.039%	$179K	$167K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	12.802	−0.242%	$123.5M	$15.0M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	12.810	−0.179%	$32.8M	$57.4M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	12.812	−0.164%	$22.6M	$13.1M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	12.803	−0.234%	$53.5M	$30.4M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	12.806	−0.210%	—	$6.6M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	12.833	0.000%	$334K	$391K	15x	as long as short
Variational Omni LINK	+0.0100%	8h	12.825	−0.066%	$3.3M	$1.6M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	12.846	+0.103%	$43K	$305K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	12.838	+0.039%	$581K	$2.9M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	12.845	+0.094%	$131K	$674K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	12.814	−0.148%	$80K	$71K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	12.818	−0.120%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	12.832	−0.004%	$33K	$1.5M	30x	as long as short
SoDEX LINK-USDshort	+0.0100%	1h	12.821	−0.094%	$10K	$63K	10x
HTX LINK-USDT	+0.0100%	8h	12.819	−0.112%	$629K	$678K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	12.805	−0.219%	$625K	$2.0M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	12.820	−0.101%	$538K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTXlong	+0.0128%	1h	12.833	long leg	$913K	$2.8M	50x
Hyperliquid LINK	+0.0216%	1h	12.823	−0.078%	$79.8M	$27.6M	10x	as long as short
BloFin LINK-USDT	+0.0220%	8h	12.843	+0.078%	$5.2M	$15.7M	75x	as long as short
Kraken Futures PF_LINKUSD	+0.0279%	1h	12.823	−0.082%	$6.6M	$8.3M	50x	as long as short
Reya LINKRUSDPERP	+0.0395%	1h	12.804	−0.229%	$4K	—	20x	as long as short
Phemex LINKUSDT	+0.0587%	8h	12.837	+0.031%	$19.8M	$11.2M	50x	as long as short
dYdX LINK-USD	+0.0839%	1h	12.811	−0.173%	$341K	$33K	10x	as long as short