Settings8H · net · $10k
Funding arb · Price arb /

LINK

all LINK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.015%
Price spread now: SoDEX against gTrade (Gains Network)+0.019%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds 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: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) LINK/USD13.155L +0.0004% / S −0.0007%pay 0.0000% / 1h49m 04s$134K150x
ShortSoDEX LINK-USD13.1570.0100get 0.0013% / 1h49m 04s$5K$31K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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

Funding earned
$20.17
Price spread: +0.019% → 0.000%
$1.9
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$4.07
Costs to cover
0.180%
Break-even
5.6 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 20 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
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) virtual book (oracle venue), 20 min ago130.01 bp141.0 bp −$141963.5 bp −$9,63510292.4 bp −$1.03Mdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX LINK/USD [LINK-USDC]L −0.0091% / S +0.0167%1h13.152−0.017%$1.8M200xas long as short
Kalshi KXLINKPERP0.0000%8h13.161+0.048%$468K$2.4M3.7xas long as short
Deribit LINK_USDC-PERPETUAL0.0000%1h13.159+0.033%$760K$180K50xas long as short
gTrade (Gains Network) LINK/USDlongL +0.0004% / S −0.0007%1h13.155long leg$134K150x
Injective LINK/USDC PERP+0.0033%1h12.400−5.736%$4K$48K12xas long as short
Phoenix LINK+0.0036%1h13.154−0.005%$4K$89K10xas long as short
Orderly PERP_LINK_USDC+0.0044%8h13.153−0.011%$133K$1.5M20xas long as short
Lighter LINK+0.0096%1h13.153−0.012%$2.0M$2.7M10xas long as short
Paradex LINK-USD-PERP+0.0100%8h13.150−0.032%$32K$3K20xas long as short
Nado LINK-PERP+0.0100%1h13.150−0.030%$402K$313K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster LINKUSDT+0.0100%8h13.159+0.034%$1.4M$3.0M50xas long as short
Pacifica LINK+0.0100%1h13.157+0.022%$276K$152K10xas long as short
Binance LINKUSDT+0.0100%8h13.155+0.006%$122.2M$306.4M75xas long as short
Bybit LINKUSDT+0.0100%8h13.153−0.011%$84.8M$71.8M75xas long as short
OKX LINK-USDT-SWAP+0.0100%8h13.150−0.034%$27.9M$85.8M50xas long as short
Arcus LINK-USD+0.0100%1h13.174+0.148%$185K$172K10xas long as short
Gate LINK_USDT+0.0100%8h13.152−0.019%$130.3M$12.2M75xas long as short
MEXC LINK_USDT+0.0100%8h13.149−0.042%$36.5M$58.0M300xas long as short
KuCoin LINKUSDTM+0.0100%8h13.155+0.004%$22.8M$14.7M75xas long as short
Bitget LINKUSDT+0.0100%8h13.150−0.034%$54.7M$30.6M75xas long as short
BingX LINK-USDC+0.0100%8h13.153−0.011%$6.6Mas long as short
Variational Omni LINK+0.0100%8h13.145−0.069%$3.4M$1.6Mas long as short
edgeX LINKUSDC+0.0100%4h13.171+0.123%$44K$309K20xas long as short
GRVT LINK_USDT_Perp+0.0100%8h13.170+0.118%$590K$2.7M10xas long as short
ApeX Omni LINKUSDT+0.0100%1h13.144−0.080%$153K$667K50xas long as short
Polymarket Perps LINK-USD+0.0100%1h13.160+0.042%$82K$69K10xas long as short
Derive LINK-PERP+0.0100%1h13.153−0.011%$16K$22K10xas long as short
SunX LINK-USDT+0.0100%8h13.170+0.119%$34K$1.6M30xas long as short
SoDEX LINK-USDshort+0.0100%1h13.157+0.019%$5K$31K10x
HTX LINK-USDT+0.0100%8h13.138−0.125%$646K$874K75xas long as short
Extended LINK-USD+0.0104%1h13.154−0.006%$740K$1.9M25xas long as short
Aevo LINK-PERP+0.0104%1h13.156+0.011%$552K$2K3xas long as short
Coinbase International LINK-PERP-INTX+0.0120%1h13.153−0.011%$1.0M$2.8M50xas long as short
Backpack LINK_USDC_PERP+0.0214%1h13.162+0.057%$365K$375K15xas long as short
dYdX LINK-USD+0.0219%1h13.156+0.010%$348K$48K10xas long as short
BloFin LINK-USDT+0.0220%8h13.161+0.049%$5.2M$16.7M75xas long as short
Kraken Futures PF_LINKUSD+0.0365%1h13.166+0.084%$6.9M$8.3M50xas long as short
Reya LINKRUSDPERP+0.0380%1h13.154−0.007%$5K20xas long as short
Phemex LINKUSDT+0.0468%8h13.165+0.080%$20.4M$11.6M50xas long as short
Hyperliquid LINK+0.0486%1h13.176+0.163%$79.8M$24.7M10xas long as short