LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0396%/8h= +43.3% APRnext payment +$0.49 per $10,000 · paid last 24h +0.109%

Price spread now: Reya against gTrade (Gains Network)−0.008%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on Reya

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 airdropReya: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$12 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) LINK/USD	12.842	L +0.0004% / S −0.0005%	pay 0.0001% / 1h	35m 16s	$154K	—	150x
Short	Reya LINKRUSDPERP	12.841	0.0400	get 0.0050% / 1h	35m 16s	$4K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now −0.008%Rate

Funding earned: $83.13
Price spread: −0.008% → 0.000%: −$0.8
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: $66.33
Costs to cover: 0.160%
Break-even: 1.4 days

Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 64 min ago; Reya: 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 gTrade (Gains Network) virtual book (oracle venue), 64 min ago	130.03 bp	141.1 bp −$141	963.4 bp −$9,634	10292.3 bp −$1.03M	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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 −0.0087% / S +0.0165%	1h	12.845	+0.024%	$1.7M	—	200x	as long as short
Orderly PERP_LINK_USDC	−0.0071%	8h	12.835	−0.051%	$90K	$1.1M	20x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	12.870	+0.220%	$504K	$2.3M	3.7x	as long as short
gTrade (Gains Network) LINK/USDlong	L +0.0004% / S −0.0005%	1h	12.842	long leg	$154K	—	150x
Deribit LINK_USDC-PERPETUAL	+0.0007%	1h	12.849	+0.057%	$804K	$268K	50x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−3.439%	$4K	$48K	12x	as long as short
Phoenix LINK	+0.0074%	1h	12.862	+0.160%	$3K	$85K	10x	as long as short
Lighter LINK	+0.0096%	1h	12.848	+0.053%	$1.9M	$2.8M	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	12.846	+0.034%	$31K	$2K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	12.842	+0.007%	$345K	$344K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid LINK	+0.0100%	1h	12.854	+0.097%	$80.3M	$28.0M	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	12.848	+0.052%	$1.2M	$2.4M	50x	as long as short
Pacifica LINK	+0.0100%	1h	12.851	+0.071%	$273K	$183K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	12.842	+0.003%	$118.6M	$299.3M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	12.839	−0.020%	$83.1M	$73.5M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	12.841	−0.005%	$27.0M	$79.8M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	12.862	+0.159%	$180K	$99K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	12.844	+0.019%	$132.4M	$17.6M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	12.845	+0.026%	$34.4M	$58.2M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	12.848	+0.050%	$22.7M	$12.2M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	12.841	−0.005%	$53.8M	$30.3M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	12.841	−0.005%	—	$6.6M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	12.865	+0.182%	$334K	$385K	15x	as long as short
Variational Omni LINK	+0.0100%	8h	12.851	+0.073%	$3.3M	$1.8M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	12.862	+0.158%	$43K	$307K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	12.887	+0.351%	$585K	$3.0M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	12.864	+0.174%	$132K	$673K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	12.848	+0.050%	$80K	$70K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	12.856	+0.113%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	12.856	+0.113%	$33K	$1.4M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	12.846	+0.034%	$10K	$62K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	12.845	+0.023%	$628K	$778K	75x	as long as short
Kraken Futures PF_LINKUSD	+0.0103%	1h	12.854	+0.095%	$6.4M	$8.5M	50x	as long as short
Extended LINK-USD	+0.0104%	1h	12.839	−0.020%	$628K	$2.0M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	12.848	+0.047%	$539K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0160%	1h	12.875	+0.260%	$929K	$2.8M	50x	as long as short
BloFin LINK-USDT	+0.0220%	8h	12.851	+0.073%	$5.2M	$15.8M	75x	as long as short
Reya LINKRUSDPERPshort	+0.0400%	1h	12.841	−0.008%	$4K	—	20x
Phemex LINKUSDT	+0.0558%	8h	12.865	+0.182%	$19.9M	$11.3M	50x	as long as short
dYdX LINK-USD	+0.0578%	1h	12.852	+0.078%	$342K	$45K	10x	as long as short