LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.002%

Price spread now: Gate against Paradex−0.494%7-day average — · you buy dearer than you sell

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

Long on Paradex Short on Gate

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.494% cheaper against Paradex than usual: you would sell low and buy high, −$49 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex LINK-USD-PERP	13.239	0.0099	pay 0.0099% / 8h	7h 07m	$32K	$2K	20x
Short	Gate LINK_USDT	13.174	0.0100	get 0.0100% / 8h	7h 07m	$130.4M	$12.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Paradex. 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 ParadexbpFee GatebpOrdersPrice spread, now −0.494%Rate

Funding earned: $0.12
Price spread: −0.494% → 0.000%: −$49.4
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$68.28
Costs to cover: 0.190%
Break-even: 3980.2 days

Slippage unknown: Paradex: no order-book sample; Gate: live order book, 2 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 Paradex no order-book sample	—	—	—	—	—
Sell Gate live order book, 2 min ago	0.38 bp	14.1 bp −$14	21.0 bp −$210	31.1 bp −$3,111	72.6 bp −$36.3K

Paradex: 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	13.174	−0.494%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.182	−0.432%	$464K	$2.2M	3.7x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0007%	1h	13.175	−0.486%	$134K	—	150x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−6.340%	$4K	$48K	12x	as long as short
Phoenix LINK	+0.0036%	1h	13.189	−0.381%	$4K	$89K	10x	as long as short
Deribit LINK_USDC-PERPETUAL	+0.0069%	1h	13.181	−0.440%	$783K	$212K	50x	as long as short
Orderly PERP_LINK_USDC	+0.0070%	8h	13.174	−0.494%	$133K	$1.5M	20x	as long as short
Lighter LINK	+0.0096%	1h	13.174	−0.493%	$2.0M	$2.8M	10x	as long as short
Paradex LINK-USD-PERPlong	+0.0099%	8h	13.239	long leg	$32K	$2K	20x
Nado LINK-PERP	+0.0100%	1h	13.177	−0.475%	$404K	$307K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LINKUSDT	+0.0100%	8h	13.179	−0.456%	$1.4M	$3.0M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.185	−0.414%	$276K	$154K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.172	−0.510%	$122.2M	$297.8M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.166	−0.554%	$84.8M	$70.5M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.164	−0.569%	$27.6M	$83.9M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.196	−0.328%	$185K	$167K	10x	as long as short
Gate LINK_USDTshort	+0.0100%	8h	13.174	−0.494%	$130.4M	$12.5M	75x
MEXC LINK_USDT	+0.0100%	8h	13.174	−0.494%	$36.5M	$59.2M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.179	−0.456%	$23.0M	$14.4M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.172	−0.509%	$54.6M	$30.1M	75x	as long as short
BingX LINK-USDT	+0.0100%	8h	13.176	−0.479%	—	$22.4M	—	as long as short
Variational Omni LINK	+0.0100%	8h	13.169	−0.529%	$3.4M	$1.5M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.193	−0.348%	$44K	$309K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.184	−0.418%	$591K	$2.7M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.199	−0.305%	$154K	$670K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.178	−0.464%	$82K	$69K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.174	−0.497%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.189	−0.378%	$34K	$1.5M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.173	−0.502%	$14K	$32K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.168	−0.543%	$649K	$866K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.171	−0.515%	$670K	$1.9M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	13.176	−0.479%	$553K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0120%	1h	13.183	−0.426%	$1.0M	$2.7M	50x	as long as short
Backpack LINK_USDC_PERP	+0.0162%	1h	13.180	−0.449%	$365K	$361K	15x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.169	−0.532%	$5.2M	$15.5M	75x	as long as short
Kraken Futures PF_LINKUSD	+0.0364%	1h	13.181	−0.440%	$6.9M	$8.0M	50x	as long as short
Reya LINKRUSDPERP	+0.0382%	1h	13.169	−0.528%	$5K	—	20x	as long as short
dYdX LINK-USD	+0.0438%	1h	13.183	−0.424%	$349K	$48K	10x	as long as short
Phemex LINKUSDT	+0.0486%	8h	13.190	−0.373%	$20.4M	$11.5M	50x	as long as short
Hyperliquid LINK	+0.0548%	1h	13.191	−0.366%	$81.5M	$25.0M	10x	as long as short