LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.050%

Price spread now: Aevo against Hyperliquid−0.061%7-day average −0.079% · you buy dearer than you sell

Net, funding: paid 7d − costs−$92as in the Funding arb table

Net, price: spread back to 7d avg − costs−$88as in the Price arb table

costs, in and out, $10k−$900.901% of the position

Long on Hyperliquid Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days−0.018%−$2 on $10k

Price spread, last 3 days (all we have)+0.066%+$7 · spread now −0.061%, 7d avg −0.079%

Together, before fees+0.048%+ Points / potential airdropHyperliquid: Season 2 · farm board+$5 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid LINK	13.115	0.0100	pay 0.0013% / 1h	35m 20s	$77.5M	$23.6M	10x
Short	Aevo LINK-PERP	13.107	0.0104	get 0.0013% / 1h	35m 20s	$550K	$2K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Hyperliquid. 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 HyperliquidbpFee AevobpOrdersPrice spread, now −0.061%Rate

Funding earned: $0.84
Price spread: −0.061% → −0.079%: $1.81
Slippage, 4 orders: −$65.11
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$87.46
Costs to cover: 0.901%
Break-even: 735.8 days

Slippage from Hyperliquid: live order book, 8 min ago; Aevo: live order book, 53 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 Hyperliquid live order book, 8 min ago	0.76 bp	5.3 bp −$5	7.9 bp −$79	doesn't fit	doesn't fit
Sell Aevo live order book, 53 min ago	26.09 bp	39.7 bp −$40	224.8 bp −$2,248	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 −0.0091% / S +0.0165%	1h	13.103	−0.088%	$1.7M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.109	−0.045%	$465K	$2.3M	3.7x	as long as short
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	13.108	−0.056%	$710K	$119K	50x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0003% / S −0.0002%	1h	13.104	−0.087%	$83K	—	150x	as long as short
Phoenix LINK	+0.0018%	1h	13.072	−0.329%	$3K	$84K	10x	as long as short
dYdX LINK-USD	+0.0029%	1h	13.100	−0.114%	$347K	$60K	10x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−5.452%	$4K	$48K	12x	as long as short
Orderly PERP_LINK_USDC	+0.0049%	8h	13.097	−0.137%	$134K	$1.6M	20x	as long as short
Variational Omni LINK	+0.0059%	8h	13.098	−0.129%	$3.3M	$1.5M	—	as long as short
Lighter LINK	+0.0096%	1h	13.103	−0.090%	$2.1M	$2.4M	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex LINK-USD-PERP	+0.0100%	8h	13.100	−0.113%	$32K	$3K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	13.101	−0.105%	$398K	$318K	10x	as long as short
Hyperliquid LINKlong	+0.0100%	1h	13.115	long leg	$77.5M	$23.6M	10x
Aster LINKUSDT	+0.0100%	8h	13.105	−0.080%	$1.6M	$2.7M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.101	−0.105%	$275K	$152K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.104	−0.084%	$121.1M	$300.0M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.103	−0.091%	$84.4M	$69.2M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.104	−0.084%	$27.6M	$84.6M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.115	0.000%	$184K	$172K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.104	−0.084%	$130.4M	$12.7M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.104	−0.084%	$35.7M	$56.2M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.106	−0.069%	$21.9M	$15.8M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.103	−0.091%	$54.1M	$30.1M	75x	as long as short
BingX LINK-USDT	+0.0100%	8h	13.103	−0.091%	—	$21.7M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	13.101	−0.107%	$362K	$369K	15x	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.077	−0.293%	$43K	$307K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.112	−0.023%	$592K	$2.8M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.110	−0.038%	$153K	$664K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.106	−0.069%	$80K	$65K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.101	−0.109%	$16K	$16K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.112	−0.025%	$34K	$1.5M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.104	−0.084%	$5K	$40K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.082	−0.249%	$643K	$911K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.103	−0.093%	$664K	$1.9M	25x	as long as short
Aevo LINK-PERPshort	+0.0104%	1h	13.107	−0.061%	$550K	$2K	3x
Coinbase International LINK-PERP-INTX	+0.0104%	1h	13.120	+0.038%	$989K	$2.7M	50x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.112	−0.023%	$5.2M	$16.8M	75x	as long as short
Reya LINKRUSDPERP	+0.0373%	1h	13.103	−0.090%	$5K	—	20x	as long as short
Phemex LINKUSDT	+0.0498%	8h	13.105	−0.076%	$20.2M	$11.5M	50x	as long as short
Kraken Futures PF_LINKUSD	+0.0505%	1h	13.114	−0.008%	$7.0M	$7.8M	50x	as long as short