LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0071%/8h= +7.7% APRnext payment +$0.09 per $10,000 · paid last 24h +0.015%

Price spread now: Extended against Injective+4.004%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 Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.981%−$98 on $10k

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

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 4.004% dearer against Injective than usual: you sell high and buy low: +$400 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 −0.981%, 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	0m 39s	$4K	$48K	12x
Short	Extended LINK-USD	12.897	0.0104	get 0.0013% / 1h	0m 39s	$628K	$2.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +4.004%Rate

Funding earned: $14.84
Price spread: +4.004% → 0.000%: $400.42
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $410.24
Costs to cover: 0.050%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Extended: live order book, 3 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 Extended live order book, 3 min ago	1.55 bp	4.8 bp −$5	6.2 bp −$62	doesn't fit	doesn't fit

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 −0.0089% / S +0.0166%	1h	12.889	+3.945%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	12.896	+4.001%	$483K	$2.3M	3.7x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0006%	1h	12.892	+3.965%	$184K	—	150x	as long as short
Injective LINK/USDC PERPlong	+0.0033%	1h	12.400	long leg	$4K	$48K	12x
Orderly PERP_LINK_USDC	+0.0053%	8h	12.888	+3.935%	$115K	$1.1M	20x	as long as short
Phoenix LINK	+0.0074%	1h	12.922	+4.209%	$3K	$82K	10x	as long as short
Lighter LINK	+0.0096%	1h	12.895	+3.995%	$1.9M	$2.8M	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	12.896	+4.003%	$31K	$2K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	12.883	+3.899%	$389K	$309K	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	12.894	+3.984%	$1.2M	$2.4M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica LINK	+0.0100%	1h	12.897	+4.006%	$276K	$183K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	12.896	+4.000%	$119.5M	$300.5M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	12.894	+3.984%	$83.3M	$73.3M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	12.896	+4.000%	$27.3M	$80.4M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	12.914	+4.145%	$180K	$167K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	12.892	+3.968%	$124.3M	$14.7M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	12.898	+4.016%	$32.8M	$57.5M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	12.899	+4.024%	$22.7M	$13.0M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	12.899	+4.024%	$54.2M	$29.9M	75x	as long as short
BingX LINK-USDT	+0.0100%	8h	12.897	+4.008%	—	$22.6M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	12.899	+4.024%	$338K	$392K	15x	as long as short
Variational Omni LINK	+0.0100%	8h	12.884	+3.905%	$3.3M	$1.6M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	12.900	+4.029%	$43K	$307K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	12.914	+4.147%	$580K	$2.8M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	12.896	+4.000%	$132K	$673K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	12.900	+4.032%	$81K	$71K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	12.888	+3.938%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	12.905	+4.075%	$33K	$1.5M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	12.892	+3.968%	$9K	$63K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	12.878	+3.856%	$632K	$677K	75x	as long as short
Extended LINK-USDshort	+0.0104%	1h	12.897	+4.004%	$628K	$2.0M	25x
Aevo LINK-PERP	+0.0104%	1h	12.893	+3.976%	$541K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0104%	1h	12.899	+4.024%	$918K	$2.8M	50x	as long as short
BloFin LINK-USDT	+0.0220%	8h	12.895	+3.992%	$5.2M	$15.7M	75x	as long as short
Deribit LINK_USDC-PERPETUAL	+0.0239%	1h	12.899	+4.023%	$788K	$215K	50x	as long as short
Kraken Futures PF_LINKUSD	+0.0245%	1h	12.894	+3.987%	$6.6M	$8.2M	50x	as long as short
Hyperliquid LINK	+0.0298%	1h	12.906	+4.081%	$80.5M	$27.5M	10x	as long as short
Reya LINKRUSDPERP	+0.0394%	1h	12.893	+3.976%	$4K	—	20x	as long as short
Phemex LINKUSDT	+0.0569%	8h	12.910	+4.113%	$20.0M	$11.2M	50x	as long as short
dYdX LINK-USD	+0.0792%	1h	12.893	+3.978%	$342K	$32K	10x	as long as short