LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0282%/8h= +30.9% APRnext payment +$0.35 per $10,000 · paid last 24h +0.074%

Price spread now: Reya against Nado+0.411%57s7-day average — · you sell dearer than you buy

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

Long on Nado Short on Reya

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—+ Points / potential airdropNado: Active · Reya: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Reya is 0.411% dearer against Nado than usual: you sell high and buy low: +$41 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado LINK-PERP	13.105	0.0100	pay 0.0012% / 1h	3m 35s	$402K	$306K	10x
Short	Reya LINKRUSDPERP	13.159	0.0382	get 0.0048% / 1h	3m 35s	$5K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now +0.411%Rate

Funding earned: $59.3
Price spread: +0.411% → 0.000%: $41.11
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Reya: 3 bp × 2 orders: −$6
Net: $87.41
Costs to cover: 0.130%
Break-even: from the start

Slippage unknown: Nado: live order book, 4 min ago; Reya: 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 Nado live order book, 4 min ago	1.14 bp	7.7 bp −$8	19.8 bp −$198	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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	13.161	+0.425%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.163	+0.442%	$469K	$2.2M	3.7x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0007%	1h	13.161	+0.424%	$134K	—	150x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−5.380%	$4K	$48K	12x	as long as short
Phoenix LINK	+0.0036%	1h	13.181	+0.582%	$4K	$89K	10x	as long as short
Deribit LINK_USDC-PERPETUAL	+0.0046%	1h	13.159	+0.414%	$781K	$212K	50x	as long as short
Orderly PERP_LINK_USDC	+0.0070%	8h	13.154	+0.374%	$133K	$1.5M	20x	as long as short
Lighter LINK	+0.0096%	1h	13.112	+0.057%	$2.0M	$2.8M	10x	as long as short
Paradex LINK-USD-PERP	+0.0099%	8h	13.176	+0.539%	$32K	$2K	20x	as long as short
Nado LINK-PERPlong	+0.0100%	1h	13.105	long leg	$402K	$306K	10x

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LINKUSDT	+0.0100%	8h	13.125	+0.153%	$1.4M	$3.0M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.116	+0.081%	$275K	$154K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.113	+0.061%	$121.7M	$297.9M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.111	+0.046%	$84.4M	$70.6M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.111	+0.046%	$27.5M	$83.5M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.122	+0.130%	$184K	$167K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.110	+0.038%	$129.8M	$12.5M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.098	−0.053%	$35.8M	$59.3M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.123	+0.137%	$22.9M	$14.4M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.096	−0.069%	$54.3M	$30.1M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	13.102	−0.023%	—	$6.6M	—	as long as short
Variational Omni LINK	+0.0100%	8h	13.145	+0.306%	$3.4M	$1.5M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.176	+0.543%	$44K	$309K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.147	+0.318%	$592K	$2.7M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.150	+0.343%	$153K	$669K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.166	+0.465%	$82K	$69K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.154	+0.371%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.164	+0.450%	$34K	$1.5M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.150	+0.343%	$14K	$32K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.158	+0.401%	$648K	$866K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.096	−0.072%	$667K	$1.9M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	13.159	+0.408%	$552K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0120%	1h	13.159	+0.412%	$998K	$2.7M	50x	as long as short
Backpack LINK_USDC_PERP	+0.0155%	1h	13.149	+0.336%	$364K	$361K	15x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.150	+0.343%	$5.2M	$15.5M	75x	as long as short
Kraken Futures PF_LINKUSD	+0.0365%	1h	13.153	+0.364%	$6.9M	$8.0M	50x	as long as short
Reya LINKRUSDPERPshort	+0.0382%	1h	13.159	+0.411%	$5K	—	20x
dYdX LINK-USD	+0.0434%	1h	13.120	+0.117%	$348K	$48K	10x	as long as short
Phemex LINKUSDT	+0.0517%	8h	13.159	+0.412%	$20.4M	$11.5M	50x	as long as short
Hyperliquid LINK	+0.0539%	1h	13.138	+0.252%	$81.1M	$25.0M	10x	as long as short