LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0404%/8h= +44.3% APRnext payment +$0.51 per $10,000 · paid last 24h +0.050%

Price spread now: dYdX against Injective+4.556%7-day average — · you sell dearer than you buy

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

Long on Injective Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.687%−$69 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and dYdX is 4.556% dearer against Injective than usual: you sell high and buy low: +$456 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.687%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective LINK/USDC PERP	12.400	0.0033	pay 0.0004% / 1h	24m 44s	$4K	$48K	12x
Short	dYdX LINK-USD	12.965	0.0437	get 0.0055% / 1h	24m 44s	$343K	$30K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Injective. 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 InjectivebpFee dYdXbpOrdersPrice spread, now +4.556%Rate

Funding earned: $84.87
Price spread: +4.556% → 0.000%: $455.62
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee dYdX: 5 bp × 2 orders: −$10
Net: $530.47
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; dYdX: live order book, 34 min ago. 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 Injective no order-book sample	—	—	—	—	—
Sell dYdX live order book, 34 min ago	46.47 bp	51.5 bp −$51	134.3 bp −$1,343	254.7 bp −$25.5K	714.7 bp −$357.4K

Injective: 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 −0.0090% / S +0.0167%	1h	12.969	+4.591%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	12.973	+4.625%	$519K	$2.3M	3.7x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0009%	1h	12.970	+4.594%	$159K	—	150x	as long as short
Injective LINK/USDC PERPlong	+0.0033%	1h	12.400	long leg	$4K	$48K	12x
Orderly PERP_LINK_USDC	+0.0057%	8h	12.969	+4.589%	$117K	$1.3M	20x	as long as short
Lighter LINK	+0.0096%	1h	12.967	+4.572%	$1.9M	$2.8M	10x	as long as short
Coinbase International LINK-PERP-INTX	+0.0096%	1h	12.971	+4.605%	$944K	$2.7M	50x	as long as short
Phoenix LINK	+0.0099%	1h	12.988	+4.743%	$3K	$84K	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	12.964	+4.551%	$31K	$2K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	12.976	+4.645%	$392K	$310K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LINKUSDT	+0.0100%	8h	12.964	+4.547%	$1.2M	$2.4M	50x	as long as short
Pacifica LINK	+0.0100%	1h	12.970	+4.597%	$274K	$176K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	12.967	+4.573%	$119.9M	$297.4M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	12.960	+4.516%	$83.6M	$72.0M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	12.967	+4.573%	$27.4M	$81.5M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	12.988	+4.742%	$181K	$166K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	12.966	+4.565%	$128.3M	$12.9M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	12.966	+4.565%	$33.0M	$56.7M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	12.967	+4.573%	$22.7M	$13.5M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	12.966	+4.565%	$53.9M	$29.6M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	12.965	+4.556%	—	$6.6M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	12.968	+4.581%	$339K	$388K	15x	as long as short
Variational Omni LINK	+0.0100%	8h	12.954	+4.469%	$3.3M	$1.7M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	12.958	+4.498%	$43K	$305K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	12.967	+4.574%	$581K	$2.7M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	12.965	+4.556%	$133K	$672K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	12.985	+4.718%	$81K	$70K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	12.968	+4.584%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	12.995	+4.801%	$33K	$1.5M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	12.969	+4.589%	$11K	$63K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	12.912	+4.132%	$634K	$693K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	12.962	+4.532%	$632K	$2.0M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	12.970	+4.601%	$544K	$2K	3x	as long as short
Deribit LINK_USDC-PERPETUAL	+0.0159%	1h	12.975	+4.636%	$777K	$200K	50x	as long as short
BloFin LINK-USDT	+0.0220%	8h	12.966	+4.565%	$5.2M	$15.7M	75x	as long as short
Hyperliquid LINK	+0.0366%	1h	12.984	+4.710%	$81.3M	$27.4M	10x	as long as short
Reya LINKRUSDPERP	+0.0390%	1h	12.970	+4.595%	$4K	—	20x	as long as short
Kraken Futures PF_LINKUSD	+0.0394%	1h	12.972	+4.611%	$6.7M	$8.1M	50x	as long as short
dYdX LINK-USDshort	+0.0437%	1h	12.965	+4.556%	$343K	$30K	10x
Phemex LINKUSDT	+0.0531%	8h	12.981	+4.685%	$20.0M	$11.4M	50x	as long as short