LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.023%

Price spread now: Paradex against Kalshi−0.047%7-day average — · you buy dearer than you sell

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

Long on Kalshi Short on Paradex

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—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding pays, the price is against you. Paradex is 0.047% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.047% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 38 hours 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	13.220	0	get 0.0000% / 8h	4h 41m	$475K	$2.4M	3.7x
Short	Paradex LINK-USD-PERP	13.213	0.0100	get 0.0100% / 8h	41m 18s	$32K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.047%Rate

Funding earned: $20.99
Price spread: −0.047% → 0.000%: −$4.71
Slippage, 4 orders: no order book: not counted
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: $2.28
Costs to cover: 0.140%
Break-even: 6.2 days

Slippage unknown: Kalshi: live order book, 2 min ago; Paradex: 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 Kalshi live order book, 2 min ago	3.89 bp	15.7 bp −$16	20.5 bp −$205	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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 −0.0091% / S +0.0167%	1h	13.223	+0.022%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERPlong	0.0000%	8h	13.220	long leg	$475K	$2.4M	3.7x
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	13.208	−0.085%	$724K	$128K	50x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0007%	1h	13.223	+0.023%	$135K	—	150x	as long as short
Phoenix LINK	+0.0012%	1h	13.217	−0.020%	$4K	$84K	10x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−6.201%	$4K	$48K	12x	as long as short
Orderly PERP_LINK_USDC	+0.0042%	8h	13.219	−0.005%	$134K	$1.5M	20x	as long as short
Lighter LINK	+0.0096%	1h	13.214	−0.045%	$2.0M	$2.7M	10x	as long as short
Paradex LINK-USD-PERPshort	+0.0100%	8h	13.213	−0.047%	$32K	$3K	20x
Nado LINK-PERP	+0.0100%	1h	13.210	−0.077%	$403K	$311K	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	13.217	−0.020%	$1.4M	$3.0M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.217	−0.018%	$277K	$150K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.221	+0.010%	$123.1M	$304.0M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.219	−0.005%	$85.3M	$71.0M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.217	−0.020%	$27.9M	$86.0M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.233	+0.101%	$186K	$172K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.220	+0.002%	$131.0M	$12.7M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.220	+0.002%	$37.0M	$57.3M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.221	+0.010%	$22.6M	$15.3M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.220	+0.002%	$55.0M	$30.5M	75x	as long as short
BingX LINK-USDT	+0.0100%	8h	13.221	+0.010%	—	$21.3M	—	as long as short
Variational Omni LINK	+0.0100%	8h	13.249	+0.220%	$3.4M	$1.6M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.246	+0.200%	$44K	$310K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.221	+0.010%	$596K	$2.7M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.250	+0.229%	$154K	$670K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.224	+0.033%	$82K	$69K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.204	−0.122%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.220	+0.002%	$34K	$1.6M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.204	−0.119%	$5K	$36K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.207	−0.098%	$650K	$888K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.216	−0.027%	$670K	$1.9M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	13.218	−0.012%	$554K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0160%	1h	13.242	+0.169%	$1.0M	$2.8M	50x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.229	+0.070%	$5.3M	$17.3M	75x	as long as short
Hyperliquid LINK	+0.0296%	1h	13.237	+0.131%	$78.3M	$24.0M	10x	as long as short
dYdX LINK-USD	+0.0307%	1h	13.209	−0.079%	$350K	$48K	10x	as long as short
Backpack LINK_USDC_PERP	+0.0334%	1h	13.219	−0.005%	$365K	$379K	15x	as long as short
Reya LINKRUSDPERP	+0.0378%	1h	13.219	−0.006%	$5K	—	20x	as long as short
Phemex LINKUSDT	+0.0474%	8h	13.226	+0.048%	$20.5M	$11.5M	50x	as long as short
Kraken Futures PF_LINKUSD	+0.0475%	1h	13.215	−0.034%	$7.0M	$8.2M	50x	as long as short