LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%

Price spread now: Nado against gTrade (Gains Network)−0.011%54s7-day average −0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

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

costs, in and out, $10k−$3002.998% of the position

Long on gTrade (Gains Network)Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.099%+$10 on $10k

Price spread, last 4 days (all we have)−0.046%−$5 · spread now −0.011%, 7d avg −0.024%

Together, before fees+0.054%+ Points / potential airdropNado: Active · farm board+$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.024%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) LINK/USD	12.873	L +0.0004% / S −0.0005%	pay 0.0001% / 1h	30m 22s	$154K	—	150x
Short	Nado LINK-PERP	12.871	0.0100	get 0.0012% / 1h	30m 22s	$350K	$340K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee NadobpOrdersPrice spread, now −0.011%Rate

Funding earned: $20.09
Price spread: −0.011% → −0.024%: $1.27
Slippage, 4 orders: −$282.84
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$278.48
Costs to cover: 2.998%
Break-even: 104.0 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 9 min ago; Nado: live order book, 12 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 gTrade (Gains Network) virtual book (oracle venue), 9 min ago	130.03 bp	141.1 bp −$141	963.4 bp −$9,634	10292.3 bp −$1.03M	doesn't fit
Sell Nado live order book, 12 min ago	1.16 bp	7.9 bp −$8	20.3 bp −$203	doesn't fit	doesn't fit

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 −0.0088% / S +0.0166%	1h	12.873	−0.002%	$1.8M	—	200x	as long as short
Orderly PERP_LINK_USDC	−0.0008%	8h	12.871	−0.015%	$94K	$1.1M	20x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	12.872	−0.009%	$510K	$2.3M	3.7x	as long as short
gTrade (Gains Network) LINK/USDlong	L +0.0004% / S −0.0005%	1h	12.873	long leg	$154K	—	150x
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−3.674%	$4K	$48K	12x	as long as short
Phoenix LINK	+0.0093%	1h	12.855	−0.142%	$3K	$85K	10x	as long as short
Lighter LINK	+0.0096%	1h	12.872	−0.010%	$1.9M	$2.8M	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	12.874	+0.012%	$31K	$2K	20x	as long as short
Nado LINK-PERPshort	+0.0100%	1h	12.871	−0.011%	$350K	$340K	10x
Aster LINKUSDT	+0.0100%	8h	12.879	+0.050%	$1.3M	$2.4M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica LINK	+0.0100%	1h	12.874	+0.009%	$274K	$183K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	12.881	+0.061%	$118.9M	$301.4M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	12.875	+0.016%	$83.2M	$73.7M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	12.877	+0.032%	$26.9M	$80.7M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	12.889	+0.125%	$180K	$94K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	12.869	−0.030%	$123.8M	$15.3M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	12.877	+0.032%	$34.4M	$58.3M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	12.879	+0.047%	$22.7M	$12.9M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	12.872	−0.007%	$53.9M	$30.5M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	12.879	+0.047%	—	$6.6M	—	as long as short
Variational Omni LINK	+0.0100%	8h	12.867	−0.044%	$3.3M	$1.7M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	12.858	−0.116%	$43K	$308K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	12.869	−0.031%	$580K	$2.9M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	12.863	−0.077%	$132K	$670K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	12.880	+0.055%	$81K	$70K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	12.852	−0.163%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	12.891	+0.144%	$33K	$1.4M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	12.874	+0.009%	$10K	$61K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	12.848	−0.197%	$631K	$783K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	12.868	−0.035%	$626K	$2.0M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	12.877	+0.031%	$540K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0120%	1h	12.869	−0.030%	$933K	$2.8M	50x	as long as short
Backpack LINK_USDC_PERP	+0.0121%	1h	12.882	+0.071%	$336K	$388K	15x	as long as short
Kraken Futures PF_LINKUSD	+0.0193%	1h	12.877	+0.031%	$6.6M	$8.3M	50x	as long as short
BloFin LINK-USDT	+0.0220%	8h	12.874	+0.009%	$5.2M	$15.8M	75x	as long as short
Hyperliquid LINK	+0.0337%	1h	12.889	+0.121%	$80.4M	$27.7M	10x	as long as short
Reya LINKRUSDPERP	+0.0398%	1h	12.874	+0.011%	$4K	—	20x	as long as short
Deribit LINK_USDC-PERPETUAL	+0.0449%	1h	12.880	+0.056%	$805K	$266K	50x	as long as short
Phemex LINKUSDT	+0.0584%	8h	12.891	+0.141%	$19.9M	$11.3M	50x	as long as short
dYdX LINK-USD	+0.0900%	1h	12.873	−0.002%	$343K	$33K	10x	as long as short