LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0094%/8h= +10.2% APRnext payment +$0.94 per $10,000 · paid last 24h +0.015%

Price spread now: Variational Omni against Kalshi+0.028%7-day average −0.007% · you sell dearer than you buy

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

Long on Kalshi Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.078%+$8 on $10k

Price spread, last 7 days−0.087%−$9 · spread now +0.028%, 7d avg −0.007%

Together, before fees−0.009%+ Points / potential airdropVariational Omni: Active · farm board−$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Variational Omni is 0.035% dearer against Kalshi than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXLINKPERP	12.967	0	get 0.0000% / 8h	1h 53m	$489K	$2.1M	3.7x
Short	Variational Omni LINK	12.971	0.0094	get 0.0094% / 8h	5h 53m	$3.4M	$1.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.028%Rate

Funding earned: $19.65
Price spread: +0.028% → −0.007%: $3.54
Slippage, 4 orders: no order book: not counted
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $13.19
Costs to cover: 0.100%
Break-even: 2.3 days

Slippage unknown: Kalshi: live order book, 3 min ago; Variational Omni: RFQ quote, 4 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 Kalshi live order book, 3 min ago	10.02 bp	15.0 bp −$15	21.1 bp −$211	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 4 min ago	3.12 bp	doesn't fit	10.0 bp −$100	doesn't fit	doesn't fit

LINK on 39 exchanges

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	−0.0194%	8h	12.949	−0.143%	$85K	$876K	20x	as long as short
GMX LINK/USD [LINK-USDC]	L −0.0087% / S +0.0165%	1h	12.956	−0.091%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERPlong	0.0000%	8h	12.967	long leg	$489K	$2.1M	3.7x
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0001%	1h	12.956	−0.089%	$115K	—	150x	as long as short
Phoenix LINK	+0.0012%	1h	12.980	+0.098%	$3K	$81K	10x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−4.376%	$4K	$48K	12x	as long as short
HTX LINK-USDT	+0.0093%	8h	12.950	−0.138%	$608K	$677K	75x	as long as short
Variational Omni LINKshort	+0.0094%	8h	12.971	+0.028%	$3.4M	$1.8M	—
Lighter LINK	+0.0096%	1h	12.956	−0.086%	$1.9M	$2.3M	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	12.955	−0.100%	$31K	$600	20x	as long as short

Show all 39 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado LINK-PERP	+0.0100%	1h	12.953	−0.112%	$348K	$279K	10x	as long as short
Hyperliquid LINK	+0.0100%	1h	12.969	+0.012%	$81.6M	$25.2M	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	12.960	−0.054%	$1.4M	$2.5M	50x	as long as short
Pacifica LINK	+0.0100%	1h	12.959	−0.069%	$275K	$153K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	12.956	−0.091%	$120.2M	$267.8M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	12.953	−0.112%	$83.7M	$66.6M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	12.954	−0.104%	$27.3M	$73.8M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	12.974	+0.050%	$183K	$83K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	12.955	−0.096%	$133.9M	$17.1M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	12.960	−0.058%	$35.7M	$54.5M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	12.962	−0.042%	$22.9M	$11.8M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	12.957	−0.081%	$54.3M	$26.4M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	12.956	−0.089%	—	$6.5M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	12.963	−0.035%	$335K	$352K	15x	as long as short
edgeX LINKUSDC	+0.0100%	4h	12.985	+0.133%	$43K	$307K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	12.965	−0.020%	$590K	$3.1M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	12.973	+0.042%	$132K	$668K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	12.960	−0.058%	$83K	$64K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	12.975	+0.061%	$33K	$1.2M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	12.956	−0.089%	$11K	$61K	10x	as long as short
Extended LINK-USD	+0.0104%	1h	12.952	−0.122%	$628K	$1.9M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	12.958	−0.071%	$543K	$2K	3x	as long as short
Kraken Futures PF_LINKUSD	+0.0173%	1h	12.959	−0.064%	$6.5M	$7.4M	50x	as long as short
Coinbase International LINK-PERP-INTX	+0.0200%	1h	13.000	+0.251%	$977K	$3.2M	50x	as long as short
BloFin LINK-USDT	+0.0220%	8h	12.966	−0.012%	$5.4M	$15.3M	75x	as long as short
Deribit LINK_USDC-PERPETUAL	+0.0236%	1h	12.964	−0.029%	$888K	$355K	50x	as long as short
Reya LINKRUSDPERP	+0.0408%	1h	12.950	−0.132%	$4K	—	20x	as long as short
dYdX LINK-USD	+0.0435%	1h	12.957	−0.079%	$348K	$46K	10x	as long as short
Phemex LINKUSDT	+0.0439%	8h	12.971	+0.027%	$20.0M	$10.2M	50x	as long as short