LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.12 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against HTX+0.380%7-day average +0.114% · you sell dearer than you buy

Net, funding: paid 7d − costs−$75as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$750.754% of the position

Long on HTX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.003%$0 on $10k

Price spread, last 4 days (all we have)−0.282%−$28 · spread now +0.380%, 7d avg +0.114%

Together, before fees−0.279%+ Points / potential airdropAster: Stage 5 · farm board−$28 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Aster is 0.266% dearer against HTX than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of +0.114%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX LINK-USDT	12.959	0.0088	pay 0.0088% / 8h	5h 58m	$608K	$676K	75x
Short	Aster LINKUSDT	13.008	0.0100	get 0.0100% / 8h	5h 58m	$1.4M	$2.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against HTX. 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 HTXbpFee AsterbpOrdersPrice spread, now +0.380%Rate

Funding earned: $2.52
Price spread: +0.380% → +0.114%: $26.61
Slippage, 4 orders: −$55.39
Fee HTX: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$46.25
Costs to cover: 0.754%
Break-even: 135.4 days

Slippage from HTX: live order book, 53 min ago; Aster: live order book, 3 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 HTX live order book, 53 min ago	16.96 bp	23.1 bp −$23	26.0 bp −$260	doesn't fit	doesn't fit
Sell Aster live order book, 3 min ago	1.54 bp	9.3 bp −$9	17.1 bp −$171	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	−0.0188%	8h	12.989	+0.230%	$85K	$881K	20x	as long as short
GMX LINK/USD [LINK-USDC]	L −0.0087% / S +0.0165%	1h	12.994	+0.272%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.009	+0.385%	$485K	$2.1M	3.7x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0001%	1h	12.987	+0.215%	$107K	—	150x	as long as short
Phoenix LINK	+0.0012%	1h	13.010	+0.390%	$3K	$81K	10x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−4.315%	$4K	$48K	12x	as long as short
HTX LINK-USDTlong	+0.0088%	8h	12.959	long leg	$608K	$676K	75x
Lighter LINK	+0.0096%	1h	13.003	+0.336%	$1.9M	$2.3M	10x	as long as short
Variational Omni LINK	+0.0097%	8h	12.977	+0.141%	$3.4M	$1.8M	—	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	12.993	+0.264%	$31K	$600	20x	as long as short

Show all 39 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado LINK-PERP	+0.0100%	1h	12.994	+0.272%	$349K	$280K	10x	as long as short
Hyperliquid LINK	+0.0100%	1h	13.018	+0.454%	$81.9M	$25.4M	10x	as long as short
Aster LINKUSDTshort	+0.0100%	8h	13.008	+0.380%	$1.4M	$2.5M	50x
Pacifica LINK	+0.0100%	1h	13.003	+0.337%	$276K	$153K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.000	+0.313%	$120.6M	$269.4M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	12.996	+0.284%	$84.0M	$66.9M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	12.992	+0.253%	$27.3M	$74.4M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.012	+0.407%	$183K	$84K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.002	+0.330%	$134.4M	$17.1M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	12.998	+0.299%	$35.8M	$54.4M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.002	+0.330%	$23.0M	$11.8M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.002	+0.330%	$54.5M	$26.6M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	13.004	+0.346%	—	$6.5M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	13.004	+0.346%	$336K	$353K	15x	as long as short
edgeX LINKUSDC	+0.0100%	4h	12.982	+0.173%	$43K	$309K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.006	+0.360%	$590K	$3.1M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	12.988	+0.222%	$132K	$669K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	12.998	+0.299%	$83K	$64K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.011	+0.402%	$34K	$1.2M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	12.997	+0.292%	$11K	$61K	10x	as long as short
Extended LINK-USD	+0.0104%	1h	12.998	+0.301%	$628K	$1.9M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	12.998	+0.299%	$545K	$2K	3x	as long as short
Kraken Futures PF_LINKUSD	+0.0173%	1h	13.001	+0.322%	$6.5M	$7.4M	50x	as long as short
Coinbase International LINK-PERP-INTX	+0.0200%	1h	13.015	+0.431%	$943K	$3.2M	50x	as long as short
BloFin LINK-USDT	+0.0220%	8h	12.996	+0.284%	$5.4M	$15.3M	75x	as long as short
Deribit LINK_USDC-PERPETUAL	+0.0235%	1h	13.005	+0.357%	$891K	$355K	50x	as long as short
dYdX LINK-USD	+0.0354%	1h	13.009	+0.384%	$350K	$46K	10x	as long as short
Reya LINKRUSDPERP	+0.0407%	1h	12.989	+0.229%	$4K	—	20x	as long as short
Phemex LINKUSDT	+0.0442%	8h	13.012	+0.407%	$20.1M	$10.5M	50x	as long as short