LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h +0.003%

Price spread now: ApeX Omni against Extended+0.084%72s7-day average +0.102% · you sell dearer than you buy

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$360.362% of the position

Long on Extended Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.029%+$3 on $10k

Price spread, last 4 days (all we have)+0.215%+$21 · spread now +0.084%, 7d avg +0.102%

Together, before fees+0.243%+ Points / potential airdropExtended: Active · farm board+$24 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended LINK-USD	12.960	0.0104	pay 0.0013% / 1h	18m 08s	$619K	$1.9M	25x
Short	ApeX Omni LINKUSDT	12.971	0.0100	get 0.0013% / 1h	18m 08s	$133K	$669K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Extended. 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 ExtendedbpFee ApeX OmnibpOrdersPrice spread, now +0.084%Rate

Funding earned: −$0.84
Price spread: +0.084% → +0.102%: −$1.83
Slippage, 4 orders: −$21.22
Fee Extended: 2.5 bp × 2 orders: −$5
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$38.9
Costs to cover: 0.362%
Break-even: never at this rate

Slippage from Extended: live order book, 3 min ago; ApeX Omni: live order book, 33 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 Extended live order book, 3 min ago	1.54 bp	6.4 bp −$6	9.2 bp −$92	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 33 min ago	5.04 bp	12.3 bp −$12	91.0 bp −$910	doesn't fit	doesn't fit

LINK on 39 exchanges

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
Orderly PERP_LINK_USDC	−0.0170%	8h	12.956	−0.032%	$85K	$897K	20x	as long as short
GMX LINK/USD [LINK-USDC]	L −0.0087% / S +0.0165%	1h	12.952	−0.059%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	12.967	+0.055%	$482K	$2.1M	3.7x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0001%	1h	12.952	−0.060%	$106K	—	150x	as long as short
Phoenix LINK	+0.0012%	1h	12.945	−0.117%	$3K	$84K	10x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−4.322%	$4K	$48K	12x	as long as short
Kraken Futures PF_LINKUSD	+0.0044%	1h	12.971	+0.083%	$6.5M	$7.9M	50x	as long as short
Lighter LINK	+0.0096%	1h	12.963	+0.024%	$1.9M	$2.4M	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	12.951	−0.069%	$31K	$2K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	12.954	−0.051%	$348K	$282K	10x	as long as short

Show all 39 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid LINK	+0.0100%	1h	12.970	+0.076%	$81.1M	$26.6M	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	12.968	+0.062%	$1.4M	$2.6M	50x	as long as short
Pacifica LINK	+0.0100%	1h	12.955	−0.043%	$275K	$157K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	12.963	+0.021%	$120.2M	$275.2M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	12.957	−0.024%	$83.8M	$68.3M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	12.960	−0.001%	$27.2M	$75.3M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	12.976	+0.123%	$183K	$84K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	12.965	+0.038%	$133.8M	$17.4M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	12.963	+0.022%	$35.9M	$58.1M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	12.971	+0.084%	$22.9M	$12.1M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	12.962	+0.015%	$54.3M	$27.3M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	12.960	−0.001%	—	$6.5M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	12.969	+0.069%	$336K	$357K	15x	as long as short
Variational Omni LINK	+0.0100%	8h	12.954	−0.048%	$3.4M	$1.8M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	12.960	+0.001%	$43K	$308K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	12.944	−0.123%	$588K	$3.0M	10x	as long as short
ApeX Omni LINKUSDTshort	+0.0100%	1h	12.971	+0.084%	$133K	$669K	50x
Polymarket Perps LINK-USD	+0.0100%	1h	12.970	+0.076%	$83K	$65K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	12.978	+0.136%	$33K	$1.3M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	12.964	+0.030%	$11K	$61K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	12.939	−0.164%	$606K	$684K	75x	as long as short
Extended LINK-USDlong	+0.0104%	1h	12.960	long leg	$619K	$1.9M	25x
Aevo LINK-PERP	+0.0104%	1h	12.966	+0.049%	$544K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0208%	1h	12.964	+0.030%	$937K	$3.2M	50x	as long as short
Deribit LINK_USDC-PERPETUAL	+0.0213%	1h	12.975	+0.113%	$888K	$353K	50x	as long as short
BloFin LINK-USDT	+0.0220%	8h	12.950	−0.078%	$5.3M	$15.3M	75x	as long as short
dYdX LINK-USD	+0.0360%	1h	12.954	−0.050%	$348K	$47K	10x	as long as short
Reya LINKRUSDPERP	+0.0406%	1h	12.961	+0.006%	$4K	—	20x	as long as short
Phemex LINKUSDT	+0.0476%	8h	12.978	+0.138%	$20.0M	$10.8M	50x	as long as short