LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0031%/8h= −3.4% APRnext payment −$0.31 per $10,000 · paid last 24h −0.001%

Price spread now: Orderly against MEXC+0.069%7-day average +0.026% · you sell dearer than you buy

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

Long on MEXC Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days+0.047%+$5 on $10k

Price spread, last 3 days (all we have)−0.036%−$4 · spread now +0.069%, 7d avg +0.026%

Together, before fees+0.011%+$1 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Orderly is 0.044% dearer against MEXC than usual: you sell high and buy low (spread +0.069% now, against its 7-day average of +0.026%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC LINK_USDT	12.977	0.0100	pay 0.0100% / 8h	6h 45m	$35.1M	$58.2M	300x
Short	Orderly PERP_LINK_USDC	12.986	0.0069	get 0.0069% / 8h	6h 45m	$120K	$1.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against MEXC. 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 MEXCbpFee OrderlybpOrdersPrice spread, now +0.069%Rate

Funding earned: −$6.54
Price spread: +0.069% → +0.026%: $4.37
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$8.17
Costs to cover: 0.060%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 8 min ago; Orderly: 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 MEXC live order book, 8 min ago	0.38 bp	0.6 bp −$1	4.1 bp −$41	25.0 bp −$2,500	43.9 bp −$21.9K
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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 −0.0090% / S +0.0167%	1h	12.989	+0.095%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.000	+0.180%	$461K	$2.3M	3.7x	as long as short
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	12.998	+0.160%	$772K	$212K	50x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0008%	1h	12.990	+0.098%	$150K	—	150x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−4.446%	$4K	$48K	12x	as long as short
Phoenix LINK	+0.0049%	1h	13.022	+0.349%	$3K	$86K	10x	as long as short
dYdX LINK-USD	+0.0067%	1h	12.979	+0.015%	$344K	$48K	10x	as long as short
Orderly PERP_LINK_USDCshort	+0.0069%	8h	12.986	+0.069%	$120K	$1.5M	20x
Coinbase International LINK-PERP-INTX	+0.0072%	1h	12.993	+0.123%	$955K	$2.7M	50x	as long as short
Lighter LINK	+0.0096%	1h	12.973	−0.027%	$1.9M	$2.7M	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex LINK-USD-PERP	+0.0099%	8h	13.040	+0.488%	$31K	$2K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	12.999	+0.173%	$392K	$310K	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	12.981	+0.031%	$1.3M	$3.0M	50x	as long as short
Pacifica LINK	+0.0100%	1h	12.977	+0.003%	$275K	$164K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	12.975	−0.018%	$120.0M	$302.4M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	12.978	+0.008%	$83.7M	$71.7M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	12.979	+0.015%	$27.2M	$83.9M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	12.991	+0.108%	$182K	$168K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	12.975	−0.015%	$128.4M	$12.4M	75x	as long as short
MEXC LINK_USDTlong	+0.0100%	8h	12.977	long leg	$35.1M	$58.2M	300x
KuCoin LINKUSDTM	+0.0100%	8h	12.978	+0.008%	$22.6M	$14.6M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	12.968	−0.069%	$53.7M	$30.6M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	12.974	−0.023%	—	$6.6M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	12.996	+0.146%	$341K	$389K	15x	as long as short
Variational Omni LINK	+0.0100%	8h	12.988	+0.089%	$3.4M	$1.6M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.009	+0.249%	$43K	$310K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.013	+0.278%	$586K	$2.7M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.024	+0.362%	$134K	$681K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	12.996	+0.146%	$81K	$70K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	12.990	+0.100%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.004	+0.205%	$34K	$1.5M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	12.992	+0.116%	$15K	$42K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	12.977	−0.001%	$640K	$870K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	12.969	−0.065%	$660K	$1.9M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	12.995	+0.138%	$545K	$2K	3x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.004	+0.208%	$5.3M	$15.9M	75x	as long as short
Reya LINKRUSDPERP	+0.0383%	1h	12.987	+0.078%	$4K	—	20x	as long as short
Hyperliquid LINK	+0.0446%	1h	12.989	+0.092%	$79.8M	$29.7M	10x	as long as short
Kraken Futures PF_LINKUSD	+0.0502%	1h	12.999	+0.167%	$6.8M	$8.1M	50x	as long as short
Phemex LINKUSDT	+0.0557%	8h	13.009	+0.247%	$20.1M	$11.5M	50x	as long as short