LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.008%

Price spread now: SoDEX against Injective+3.621%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 SoDEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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 +$2 a day on $10k at the current rate, and SoDEX is 3.621% dearer against Injective than usual: you sell high and buy low: +$362 more if the spread goes back to zero (this spread has no 7-day history yet).

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	32m 59s	$4K	$48K	12x
Short	SoDEX LINK-USD	12.849	0.0100	get 0.0013% / 1h	32m 59s	$10K	$61K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +3.621%Rate

Funding earned: $14
Price spread: +3.621% → 0.000%: $362.1
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $368.08
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Injective no order-book sample	—	—	—	—	—
Sell SoDEX no order-book sample	—	—	—	—	—

Injective and 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_LINK_USDC	−0.0115%	8h	12.845	+3.589%	$90K	$977K	20x	as long as short
GMX LINK/USD [LINK-USDC]	L −0.0087% / S +0.0165%	1h	12.847	+3.605%	$1.7M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	12.860	+3.710%	$504K	$2.3M	3.7x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0002%	1h	12.851	+3.637%	$105K	—	150x	as long as short
Injective LINK/USDC PERPlong	+0.0033%	1h	12.400	long leg	$4K	$48K	12x
Bybit LINKUSDT	+0.0042%	8h	12.844	+3.581%	$83.1M	$72.9M	75x	as long as short
Kraken Futures PF_LINKUSD	+0.0049%	1h	12.855	+3.672%	$6.4M	$8.4M	50x	as long as short
Phoenix LINK	+0.0087%	1h	12.886	+3.923%	$3K	$85K	10x	as long as short
Lighter LINK	+0.0096%	1h	12.852	+3.645%	$1.9M	$2.8M	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	12.842	+3.563%	$31K	$2K	20x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado LINK-PERP	+0.0100%	1h	12.848	+3.617%	$348K	$336K	10x	as long as short
Hyperliquid LINK	+0.0100%	1h	12.857	+3.685%	$80.3M	$28.1M	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	12.856	+3.679%	$1.2M	$2.4M	50x	as long as short
Pacifica LINK	+0.0100%	1h	12.850	+3.629%	$273K	$181K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	12.851	+3.634%	$118.6M	$297.1M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	12.847	+3.605%	$27.0M	$79.5M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	12.871	+3.798%	$180K	$100K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	12.852	+3.645%	$133.2M	$17.6M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	12.854	+3.661%	$35.9M	$58.6M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	12.854	+3.661%	$22.9M	$12.3M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	12.846	+3.597%	$53.6M	$29.8M	75x	as long as short
BingX LINK-USDT	+0.0100%	8h	12.849	+3.621%	—	$23.2M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	12.856	+3.677%	$335K	$385K	15x	as long as short
Variational Omni LINK	+0.0100%	8h	12.870	+3.793%	$3.3M	$1.8M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	12.873	+3.816%	$43K	$308K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	12.871	+3.798%	$579K	$3.0M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	12.895	+3.992%	$132K	$670K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	12.851	+3.637%	$82K	$70K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	12.874	+3.827%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	12.863	+3.731%	$33K	$1.4M	30x	as long as short
SoDEX LINK-USDshort	+0.0100%	1h	12.849	+3.621%	$10K	$61K	10x
HTX LINK-USDT	+0.0100%	8h	12.845	+3.585%	$628K	$716K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	12.843	+3.574%	$614K	$2.0M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	12.862	+3.728%	$539K	$2K	3x	as long as short
Deribit LINK_USDC-PERPETUAL	+0.0147%	1h	12.856	+3.674%	$804K	$268K	50x	as long as short
Coinbase International LINK-PERP-INTX	+0.0184%	1h	12.873	+3.815%	$926K	$3.2M	50x	as long as short
BloFin LINK-USDT	+0.0220%	8h	12.851	+3.637%	$5.2M	$15.8M	75x	as long as short
Reya LINKRUSDPERP	+0.0403%	1h	12.856	+3.674%	$4K	—	20x	as long as short
Phemex LINKUSDT	+0.0656%	8h	12.869	+3.782%	$19.9M	$11.4M	50x	as long as short
dYdX LINK-USD	+0.1437%	1h	12.851	+3.636%	$345K	$48K	10x	as long as short