LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.12 per $10,000 · paid last 24h +0.027%

Price spread now: dYdX against Nado+0.029%7-day average +0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$276as in the Price arb table

costs, in and out, $10k−$2772.773% of the position

Long on Nado Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.158%+$16 on $10k

Price spread, last 3 days (all we have)−0.417%−$42 · spread now +0.029%, 7d avg +0.016%

Together, before fees−0.259%+ Points / potential airdropNado: Active · farm board−$26 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.016%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.158%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado LINK-PERP	13.127	0.0100	pay 0.0012% / 1h	58m 30s	$399K	$317K	10x
Short	dYdX LINK-USD	13.131	0	get 0.0000% / 1h	58m 30s	$348K	$60K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Nado. 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 NadobpFee dYdXbpOrdersPrice spread, now +0.029%Rate

Funding earned: −$21
Price spread: +0.029% → +0.016%: $1.28
Slippage, 4 orders: −$260.32
Fee Nado: 3.5 bp × 2 orders: −$7
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$297.04
Costs to cover: 2.773%
Break-even: never at this rate

Slippage from Nado: live order book, 24 min ago; dYdX: live order book, 26 min ago.

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 Nado live order book, 24 min ago	1.14 bp	8.1 bp −$8	18.8 bp −$188	doesn't fit	doesn't fit
Sell dYdX live order book, 26 min ago	125.69 bp	130.7 bp −$131	130.7 bp −$1,307	133.9 bp −$13.4K	195.3 bp −$97.6K

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	13.134	+0.056%	$1.8M	—	200x	as long as short
dYdX LINK-USDshort	0.0000%	1h	13.131	+0.029%	$348K	$60K	10x
Kalshi KXLINKPERP	0.0000%	8h	13.133	+0.049%	$470K	$2.3M	3.7x	as long as short
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	13.136	+0.070%	$717K	$125K	50x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0006%	1h	13.134	+0.057%	$133K	—	150x	as long as short
Phoenix LINK	+0.0018%	1h	13.132	+0.041%	$3K	$78K	10x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−5.538%	$4K	$48K	12x	as long as short
Orderly PERP_LINK_USDC	+0.0041%	8h	13.133	+0.046%	$133K	$1.5M	20x	as long as short
Lighter LINK	+0.0096%	1h	13.136	+0.070%	$2.1M	$2.4M	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	13.130	+0.020%	$32K	$3K	20x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado LINK-PERPlong	+0.0100%	1h	13.127	long leg	$399K	$317K	10x
Aster LINKUSDT	+0.0100%	8h	13.135	+0.058%	$1.5M	$2.8M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.134	+0.055%	$275K	$151K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.129	+0.014%	$121.6M	$302.2M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.127	0.000%	$84.6M	$69.8M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.127	0.000%	$27.7M	$85.7M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.145	+0.137%	$184K	$172K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.131	+0.030%	$130.3M	$12.5M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.131	+0.030%	$36.6M	$55.6M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.138	+0.084%	$22.2M	$15.8M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.126	−0.008%	$54.5M	$30.4M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	13.129	+0.015%	—	$6.6M	—	as long as short
Variational Omni LINK	+0.0100%	8h	13.143	+0.122%	$3.3M	$1.5M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.139	+0.090%	$44K	$309K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.136	+0.071%	$589K	$2.8M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.148	+0.160%	$153K	$666K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.130	+0.023%	$80K	$68K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.128	+0.011%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.152	+0.193%	$34K	$1.6M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.132	+0.038%	$5K	$40K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.103	−0.186%	$644K	$906K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.128	+0.007%	$667K	$1.9M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	13.136	+0.068%	$551K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0120%	1h	13.150	+0.175%	$990K	$2.7M	50x	as long as short
Backpack LINK_USDC_PERP	+0.0127%	1h	13.150	+0.175%	$366K	$374K	15x	as long as short
Hyperliquid LINK	+0.0174%	1h	13.139	+0.091%	$77.4M	$23.6M	10x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.135	+0.061%	$5.2M	$16.9M	75x	as long as short
Reya LINKRUSDPERP	+0.0374%	1h	13.127	−0.002%	$5K	—	20x	as long as short
Phemex LINKUSDT	+0.0491%	8h	13.143	+0.122%	$20.3M	$11.6M	50x	as long as short
Kraken Futures PF_LINKUSD	+0.0696%	1h	13.142	+0.114%	$6.9M	$8.0M	50x	as long as short