LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0018%/8h= +1.9% APRnext payment +$0.02 per $10,000 · paid last 24h −0.047%

Price spread now: Injective against dYdX−5.919%7-day average — · you buy dearer than you sell

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

Long on dYdX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.713%+$71 on $10k

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

Together, before fees—needs both histories

Funding pays, the price is against you. Injective is 5.919% cheaper against dYdX than usual: you would sell low and buy high (spread −5.919% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$592 on $10k: about years of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.713% in total) that is about 58 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX LINK-USD	13.180	0.0016	pay 0.0002% / 1h	14m 01s	$349K	$60K	10x
Short	Injective LINK/USDC PERP	12.400	0.0033	get 0.0004% / 1h	14m 01s	$4K	$48K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against dYdX. 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 dYdXbpFee InjectivebpOrdersPrice spread, now −5.919%Rate

Funding earned: $3.7
Price spread: −5.919% → 0.000%: −$591.86
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$598.19
Costs to cover: 0.100%
Break-even: 1139.9 days

Slippage unknown: dYdX: live order book, 10 min ago; Injective: 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 dYdX live order book, 10 min ago	125.69 bp	130.7 bp −$131	130.7 bp −$1,307	131.7 bp −$13.2K	191.2 bp −$95.6K
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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 −0.0092% / S +0.0167%	1h	13.191	+0.084%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.178	−0.016%	$483K	$2.3M	3.7x	as long as short
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	13.196	+0.118%	$720K	$125K	50x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0006%	1h	13.193	+0.098%	$134K	—	150x	as long as short
dYdX LINK-USDlong	+0.0016%	1h	13.180	long leg	$349K	$60K	10x
Phoenix LINK	+0.0018%	1h	13.185	+0.035%	$3K	$84K	10x	as long as short
Injective LINK/USDC PERPshort	+0.0033%	1h	12.400	−5.919%	$4K	$48K	12x
Orderly PERP_LINK_USDC	+0.0041%	8h	13.187	+0.053%	$134K	$1.6M	20x	as long as short
Lighter LINK	+0.0096%	1h	13.196	+0.120%	$2.1M	$2.4M	10x	as long as short
Variational Omni LINK	+0.0097%	8h	13.185	+0.037%	$3.3M	$1.5M	—	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	13.176	−0.033%	$32K	$3K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	13.177	−0.021%	$401K	$317K	10x	as long as short
Hyperliquid LINK	+0.0100%	1h	13.203	+0.174%	$78.1M	$23.5M	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	13.192	+0.094%	$1.6M	$2.7M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.179	−0.010%	$276K	$150K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.191	+0.079%	$122.5M	$301.8M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.183	+0.022%	$84.9M	$69.7M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.185	+0.037%	$28.0M	$85.7M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.195	+0.113%	$185K	$172K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.191	+0.083%	$131.0M	$12.8M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.190	+0.075%	$37.4M	$56.8M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.193	+0.098%	$22.0M	$15.7M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.185	+0.037%	$54.6M	$30.3M	75x	as long as short
BingX LINK-USDT	+0.0100%	8h	13.190	+0.075%	—	$21.8M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.188	+0.063%	$44K	$308K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.187	+0.053%	$595K	$2.8M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.197	+0.128%	$154K	$664K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.188	+0.060%	$81K	$67K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.187	+0.056%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.206	+0.199%	$34K	$1.5M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.192	+0.090%	$5K	$40K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.166	−0.105%	$647K	$907K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.181	+0.008%	$667K	$1.9M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	13.193	+0.099%	$553K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0104%	1h	13.191	+0.083%	$992K	$2.8M	50x	as long as short
Backpack LINK_USDC_PERP	+0.0116%	1h	13.201	+0.159%	$366K	$372K	15x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.179	−0.008%	$5.3M	$17.0M	75x	as long as short
Reya LINKRUSDPERP	+0.0374%	1h	13.186	+0.047%	$5K	—	20x	as long as short
Phemex LINKUSDT	+0.0462%	8h	13.204	+0.182%	$20.4M	$11.5M	50x	as long as short
Kraken Futures PF_LINKUSD	+0.0502%	1h	13.200	+0.149%	$7.0M	$7.9M	50x	as long as short