LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.012%

Price spread now: Extended against Nado−0.178%7-day average −0.046% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$250.247% of the position

Long on Nado Short on Extended

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.028%−$3 on $10k

Price spread, last 3 days (all we have)−0.044%−$4 · spread now −0.178%, 7d avg −0.046%

Together, before fees−0.072%+ Points / potential airdropNado: Active · Extended: Active · farm board−$7 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: Extended is 0.132% cheaper against Nado than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.046%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado LINK-PERP	13.229	0.0100	pay 0.0012% / 1h	35m 49s	$405K	$308K	10x
Short	Extended LINK-USD	13.206	0.0104	get 0.0013% / 1h	35m 49s	$670K	$2.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.178%Rate

Funding earned: $0.84
Price spread: −0.178% → −0.046%: −$13.22
Slippage, 4 orders: −$12.68
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$37.06
Costs to cover: 0.247%
Break-even: 315.8 days

Slippage from Nado: live order book, 37 min ago; Extended: live order book, 3 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, 37 min ago	0.38 bp	6.0 bp −$6	16.5 bp −$165	doesn't fit	doesn't fit
Sell Extended live order book, 3 min ago	0.38 bp	5.7 bp −$6	7.2 bp −$72	doesn't fit	doesn't fit

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	13.219	−0.076%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.247	+0.132%	$476K	$2.2M	3.7x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0007%	1h	13.220	−0.075%	$134K	—	150x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−6.270%	$4K	$48K	12x	as long as short
Phoenix LINK	+0.0036%	1h	13.204	−0.190%	$4K	$89K	10x	as long as short
Orderly PERP_LINK_USDC	+0.0047%	8h	13.218	−0.087%	$134K	$1.5M	20x	as long as short
Deribit LINK_USDC-PERPETUAL	+0.0083%	1h	13.225	−0.034%	$785K	$206K	50x	as long as short
Lighter LINK	+0.0096%	1h	13.219	−0.079%	$2.0M	$2.7M	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	13.222	−0.058%	$32K	$3K	20x	as long as short
Nado LINK-PERPlong	+0.0100%	1h	13.229	long leg	$405K	$308K	10x

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LINKUSDT	+0.0100%	8h	13.224	−0.045%	$1.4M	$3.0M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.233	+0.028%	$277K	$155K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.203	−0.197%	$122.8M	$303.1M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.205	−0.185%	$85.2M	$70.8M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.206	−0.178%	$27.9M	$84.7M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.239	+0.072%	$186K	$172K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.213	−0.125%	$130.8M	$12.3M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.203	−0.200%	$36.8M	$58.5M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.214	−0.117%	$22.9M	$14.6M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.207	−0.170%	$54.9M	$30.2M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	13.205	−0.185%	—	$6.6M	—	as long as short
Variational Omni LINK	+0.0100%	8h	13.213	−0.121%	$3.4M	$1.6M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.204	−0.193%	$44K	$309K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.182	−0.359%	$593K	$2.7M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.210	−0.147%	$154K	$667K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.226	−0.026%	$82K	$69K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.218	−0.085%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.235	+0.038%	$34K	$1.5M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.219	−0.079%	$5K	$28K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.210	−0.151%	$650K	$853K	75x	as long as short
Extended LINK-USDshort	+0.0104%	1h	13.206	−0.178%	$670K	$2.0M	25x
Aevo LINK-PERP	+0.0104%	1h	13.220	−0.071%	$554K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0120%	1h	13.224	−0.042%	$1.0M	$2.7M	50x	as long as short
dYdX LINK-USD	+0.0202%	1h	13.235	+0.041%	$351K	$48K	10x	as long as short
Backpack LINK_USDC_PERP	+0.0211%	1h	13.227	−0.019%	$370K	$368K	15x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.217	−0.094%	$5.3M	$16.5M	75x	as long as short
Phemex LINKUSDT	+0.0342%	8h	13.234	+0.034%	$20.5M	$11.6M	50x	as long as short
Kraken Futures PF_LINKUSD	+0.0363%	1h	13.224	−0.042%	$6.9M	$8.1M	50x	as long as short
Reya LINKRUSDPERP	+0.0381%	1h	13.216	−0.103%	$5K	—	20x	as long as short
Hyperliquid LINK	+0.0582%	1h	13.238	+0.064%	$81.6M	$24.7M	10x	as long as short