LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0003%/8h= −0.3% APRnext payment −$0.03 per $10,000 · paid last 24h −0.015%

Price spread now: Variational Omni against KuCoin+0.011%7-day average −0.013% · you sell dearer than you buy

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

Long on KuCoin Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.013%−$1 on $10k

Price spread, last 7 days−0.036%−$4 · spread now +0.011%, 7d avg −0.013%

Together, before fees−0.050%+ Points / potential airdropVariational Omni: Active · farm board−$5 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.024% dearer against KuCoin than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.013%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin LINKUSDTM	12.976	0.0100	pay 0.0100% / 8h	5h 56m	$22.9M	$11.8M	75x
Short	Variational Omni LINK	12.977	0.0097	get 0.0097% / 8h	5h 56m	$3.4M	$1.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 KuCoinbpFee Variational OmnibpOrdersPrice spread, now +0.011%Rate

Funding earned: −$0.63
Price spread: +0.011% → −0.013%: $2.4
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$10.23
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 6 min ago; Variational Omni: RFQ quote, 1 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 KuCoin live order book, 6 min ago	1.15 bp	12.9 bp −$13	21.2 bp −$212	70.7 bp −$7,069	doesn't fit
Sell Variational Omni RFQ quote, 1 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	−0.0191%	8h	12.962	−0.108%	$85K	$876K	20x	as long as short
GMX LINK/USD [LINK-USDC]	L −0.0087% / S +0.0165%	1h	12.972	−0.032%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	12.988	+0.096%	$489K	$2.1M	3.7x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0001%	1h	12.986	+0.081%	$115K	—	150x	as long as short
Phoenix LINK	+0.0012%	1h	13.010	+0.260%	$3K	$81K	10x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−4.439%	$4K	$48K	12x	as long as short
HTX LINK-USDT	+0.0087%	8h	12.965	−0.088%	$608K	$677K	75x	as long as short
Lighter LINK	+0.0096%	1h	12.972	−0.027%	$1.9M	$2.3M	10x	as long as short
Variational Omni LINKshort	+0.0097%	8h	12.977	+0.011%	$3.4M	$1.8M	—
Paradex LINK-USD-PERP	+0.0100%	8h	12.977	+0.012%	$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	12.976	+0.004%	$349K	$279K	10x	as long as short
Hyperliquid LINK	+0.0100%	1h	12.984	+0.062%	$81.7M	$25.4M	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	12.979	+0.021%	$1.4M	$2.5M	50x	as long as short
Pacifica LINK	+0.0100%	1h	12.986	+0.075%	$275K	$153K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	12.970	−0.046%	$120.3M	$268.3M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	12.968	−0.062%	$83.9M	$66.7M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	12.971	−0.039%	$27.4M	$74.1M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	12.997	+0.162%	$183K	$83K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	12.972	−0.031%	$134.1M	$17.1M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	12.970	−0.046%	$35.6M	$54.4M	300x	as long as short
KuCoin LINKUSDTMlong	+0.0100%	8h	12.976	long leg	$22.9M	$11.8M	75x
Bitget LINKUSDT	+0.0100%	8h	12.976	0.000%	$54.3M	$26.4M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	12.973	−0.023%	—	$6.5M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	12.978	+0.015%	$335K	$352K	15x	as long as short
edgeX LINKUSDC	+0.0100%	4h	12.982	+0.043%	$43K	$309K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	12.996	+0.154%	$583K	$3.1M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	12.998	+0.170%	$132K	$669K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	12.980	+0.031%	$83K	$64K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	12.999	+0.179%	$34K	$1.2M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	12.971	−0.039%	$11K	$61K	10x	as long as short
Extended LINK-USD	+0.0104%	1h	12.965	−0.083%	$628K	$1.9M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	12.972	−0.035%	$544K	$2K	3x	as long as short
Kraken Futures PF_LINKUSD	+0.0173%	1h	12.974	−0.016%	$6.5M	$7.4M	50x	as long as short
Coinbase International LINK-PERP-INTX	+0.0200%	1h	13.000	+0.185%	$977K	$3.2M	50x	as long as short
BloFin LINK-USDT	+0.0220%	8h	12.987	+0.085%	$5.4M	$15.3M	75x	as long as short
Deribit LINK_USDC-PERPETUAL	+0.0267%	1h	12.978	+0.018%	$889K	$355K	50x	as long as short
Reya LINKRUSDPERP	+0.0407%	1h	12.967	−0.070%	$4K	—	20x	as long as short
Phemex LINKUSDT	+0.0434%	8h	12.987	+0.085%	$20.1M	$10.2M	50x	as long as short
dYdX LINK-USD	+0.0612%	1h	12.993	+0.131%	$349K	$46K	10x	as long as short