LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: Aster against Kalshi−0.247%7-day average +0.087% · you buy dearer than you sell

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$470.467% of the position

Long on Kalshi Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.210%+$21 on $10k

Price spread, last 3 days (all we have)+0.139%+$14 · spread now −0.247%, 7d avg +0.087%

Together, before fees+0.349%+ Points / potential airdropAster: Stage 5 · farm board+$35 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.335% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.247% now, against its 7-day average of +0.087%). If the spread goes back, that is −$33 on $10k: about 11 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXLINKPERP	13.247	0	get 0.0000% / 8h	3h 35m	$476K	$2.2M	3.7x
Short	Aster LINKUSDT	13.214	0.0100	get 0.0100% / 8h	7h 35m	$1.4M	$3.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Kalshi. 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 KalshibpFee AsterbpOrdersPrice spread, now −0.247%Rate

Funding earned: $21
Price spread: −0.247% → +0.087%: −$33.49
Slippage, 4 orders: −$28.75
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$59.23
Costs to cover: 0.467%
Break-even: 26.7 days

Slippage from Kalshi: live order book, 3 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 Kalshi live order book, 3 min ago	6.47 bp	14.7 bp −$15	20.1 bp −$201	doesn't fit	doesn't fit
Sell Aster live order book, 3 min ago	1.89 bp	12.3 bp −$12	21.5 bp −$215	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 +0.0167%	1h	13.219	−0.208%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERPlong	0.0000%	8h	13.247	long leg	$476K	$2.2M	3.7x
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0007%	1h	13.220	−0.206%	$134K	—	150x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−6.393%	$4K	$48K	12x	as long as short
Phoenix LINK	+0.0036%	1h	13.229	−0.134%	$4K	$89K	10x	as long as short
Orderly PERP_LINK_USDC	+0.0047%	8h	13.218	−0.218%	$134K	$1.5M	20x	as long as short
Deribit LINK_USDC-PERPETUAL	+0.0083%	1h	13.225	−0.165%	$785K	$206K	50x	as long as short
Lighter LINK	+0.0096%	1h	13.204	−0.324%	$2.0M	$2.7M	10x	as long as short
Paradex LINK-USD-PERP	+0.0099%	8h	13.203	−0.332%	$32K	$3K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	13.191	−0.426%	$404K	$308K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LINKUSDTshort	+0.0100%	8h	13.214	−0.247%	$1.4M	$3.0M	50x
Pacifica LINK	+0.0100%	1h	13.206	−0.306%	$277K	$155K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.192	−0.411%	$122.7M	$302.5M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.191	−0.422%	$85.1M	$70.8M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.190	−0.430%	$27.9M	$84.6M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.219	−0.211%	$185K	$172K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.206	−0.309%	$130.7M	$12.3M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.202	−0.339%	$36.8M	$58.5M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.210	−0.279%	$22.9M	$14.5M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.191	−0.422%	$54.9M	$30.2M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	13.201	−0.346%	—	$6.6M	—	as long as short
Variational Omni LINK	+0.0100%	8h	13.213	−0.252%	$3.4M	$1.6M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.204	−0.324%	$44K	$309K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.182	−0.490%	$593K	$2.7M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.220	−0.203%	$154K	$667K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.196	−0.384%	$82K	$69K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.218	−0.216%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.235	−0.094%	$34K	$1.5M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.219	−0.211%	$5K	$28K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.210	−0.282%	$650K	$853K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.196	−0.386%	$670K	$2.0M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	13.220	−0.203%	$554K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0120%	1h	13.224	−0.173%	$1.0M	$2.7M	50x	as long as short
dYdX LINK-USD	+0.0193%	1h	13.205	−0.313%	$350K	$48K	10x	as long as short
Backpack LINK_USDC_PERP	+0.0211%	1h	13.227	−0.150%	$370K	$368K	15x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.217	−0.226%	$5.3M	$16.5M	75x	as long as short
Phemex LINKUSDT	+0.0342%	8h	13.234	−0.097%	$20.5M	$11.6M	50x	as long as short
Kraken Futures PF_LINKUSD	+0.0363%	1h	13.224	−0.173%	$6.9M	$8.1M	50x	as long as short
Reya LINKRUSDPERP	+0.0381%	1h	13.188	−0.448%	$5K	—	20x	as long as short
Hyperliquid LINK	+0.0580%	1h	13.225	−0.165%	$81.5M	$24.7M	10x	as long as short