LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0267%/8h= −29.3% APRnext payment −$0.33 per $10,000 · paid last 24h −0.024%

Price spread now: SoDEX against Kraken Futures−0.068%7-day average — · you buy dearer than you sell

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

Long on Kraken Futures Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 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 against this trade now: funding costs −$8 a day on $10k at the current rate, and SoDEX is 0.068% cheaper against Kraken Futures than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_LINKUSD	13.073	0.0367	pay 0.0046% / 1h	0m 48s	$6.9M	$8.0M	50x
Short	SoDEX LINK-USD	13.064	0.0100	get 0.0013% / 1h	0m 48s	$18K	$34K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Kraken Futures. 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 Kraken FuturesbpFee SoDEXbpOrdersPrice spread, now −0.068%Rate

Funding earned: −$56.14
Price spread: −0.068% → 0.000%: −$6.79
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$80.92
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Kraken Futures: live order book, 3 min ago; 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 Kraken Futures live order book, 3 min ago	5.72 bp	14.2 bp −$14	15.5 bp −$155	53.3 bp −$5,327	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

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
GMX LINK/USD [LINK-USDC]	L −0.0091% / S +0.0167%	1h	13.061	−0.089%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.067	−0.044%	$463K	$2.3M	3.7x	as long as short
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	13.070	−0.020%	$776K	$212K	50x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0007%	1h	13.062	−0.084%	$132K	—	150x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−5.147%	$4K	$48K	12x	as long as short
Phoenix LINK	+0.0036%	1h	13.118	+0.346%	$4K	$89K	10x	as long as short
Orderly PERP_LINK_USDC	+0.0071%	8h	13.064	−0.068%	$132K	$1.5M	20x	as long as short
Lighter LINK	+0.0096%	1h	13.073	−0.001%	$1.9M	$2.8M	10x	as long as short
Paradex LINK-USD-PERP	+0.0099%	8h	13.129	+0.427%	$32K	$2K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	13.065	−0.060%	$401K	$305K	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	13.061	−0.090%	$1.3M	$3.0M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.067	−0.043%	$274K	$154K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.062	−0.080%	$121.2M	$298.2M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.061	−0.091%	$84.2M	$70.8M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.058	−0.114%	$27.4M	$83.3M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.075	+0.016%	$183K	$167K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.064	−0.068%	$129.4M	$12.6M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.066	−0.053%	$35.1M	$59.4M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.076	+0.024%	$22.6M	$14.5M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.071	−0.014%	$54.3M	$30.2M	75x	as long as short
BingX LINK-USDT	+0.0100%	8h	13.067	−0.045%	—	$22.5M	—	as long as short
Variational Omni LINK	+0.0100%	8h	13.052	−0.158%	$3.4M	$1.6M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.115	+0.321%	$43K	$310K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.147	+0.565%	$592K	$2.7M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.117	+0.338%	$153K	$669K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.068	−0.037%	$81K	$69K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.061	−0.090%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.077	+0.031%	$34K	$1.5M	30x	as long as short
SoDEX LINK-USDshort	+0.0100%	1h	13.064	−0.068%	$18K	$34K	10x
HTX LINK-USDT	+0.0100%	8h	13.061	−0.089%	$644K	$869K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.061	−0.094%	$663K	$1.9M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	13.066	−0.055%	$548K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0120%	1h	13.056	−0.129%	$992K	$2.6M	50x	as long as short
Backpack LINK_USDC_PERP	+0.0144%	1h	13.072	−0.007%	$361K	$366K	15x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.060	−0.098%	$5.2M	$15.4M	75x	as long as short
Kraken Futures PF_LINKUSDlong	+0.0367%	1h	13.073	long leg	$6.9M	$8.0M	50x
Reya LINKRUSDPERP	+0.0383%	1h	13.061	−0.091%	$5K	—	20x	as long as short
dYdX LINK-USD	+0.0469%	1h	13.068	−0.038%	$346K	$48K	10x	as long as short
Hyperliquid LINK	+0.0547%	1h	13.088	+0.116%	$81.5M	$25.6M	10x	as long as short
Phemex LINKUSDT	+0.0621%	8h	13.080	+0.055%	$20.2M	$11.5M	50x	as long as short