Funding arb · Price arb /

LINK

all LINK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%

Price spread now: edgeX against Polymarket Perps+0.107%7-day average — · you sell dearer than you buy

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

Long on Polymarket Perps Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.371%+$37 on $10k

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

Together, before fees—+ Points / potential airdropedgeX: 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: edgeX is 0.107% dearer against Polymarket Perps than usual: you sell high and buy low, +$11 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	Polymarket Perps LINK-USD	13.168	0.0100	pay 0.0013% / 1h	10m 53s	$81K	$67K	10x
Short	edgeX LINKUSDC	13.182	0.0100	get 0.0050% / 4h	2h 10m	$44K	$309K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Polymarket Perps. 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 Polymarket PerpsbpFee edgeXbpOrdersPrice spread, now +0.107%Rate

Funding earned: $0
Price spread: +0.107% → 0.000%: $10.71
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$6.29
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: no order-book sample; edgeX: live order book, 12 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 Polymarket Perps no order-book sample	—	—	—	—	—
Sell edgeX live order book, 12 min ago	2.28 bp	6.8 bp −$7	10.1 bp −$101	doesn't fit	doesn't fit

Polymarket Perps: 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 −0.0092% / S +0.0167%	1h	13.169	+0.005%	$1.8M	—	200x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.166	−0.011%	$470K	$2.3M	3.7x	as long as short
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	13.163	−0.036%	$719K	$125K	50x	as long as short
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0006%	1h	13.165	−0.019%	$133K	—	150x	as long as short
dYdX LINK-USD	+0.0015%	1h	13.152	−0.118%	$348K	$60K	10x	as long as short
Phoenix LINK	+0.0018%	1h	13.150	−0.140%	$3K	$84K	10x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−5.832%	$4K	$48K	12x	as long as short
Orderly PERP_LINK_USDC	+0.0041%	8h	13.155	−0.099%	$134K	$1.6M	20x	as long as short
Lighter LINK	+0.0096%	1h	13.161	−0.057%	$2.1M	$2.4M	10x	as long as short
Variational Omni LINK	+0.0097%	8h	13.185	+0.128%	$3.3M	$1.5M	—	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	+0.0100%	8h	13.156	−0.093%	$32K	$3K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	13.162	−0.042%	$400K	$317K	10x	as long as short
Hyperliquid LINK	+0.0100%	1h	13.169	+0.008%	$77.6M	$23.7M	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	13.162	−0.044%	$1.6M	$2.7M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.156	−0.094%	$276K	$150K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.164	−0.032%	$122.2M	$302.1M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	13.162	−0.046%	$84.7M	$69.8M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	13.160	−0.061%	$27.9M	$85.6M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.172	+0.030%	$185K	$172K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.163	−0.038%	$130.6M	$12.8M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.166	−0.015%	$37.2M	$56.9M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.168	0.000%	$22.0M	$15.8M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.160	−0.061%	$54.5M	$30.3M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	13.161	−0.053%	—	$6.6M	—	as long as short
edgeX LINKUSDCshort	+0.0100%	4h	13.182	+0.107%	$44K	$309K	20x
GRVT LINK_USDT_Perp	+0.0100%	8h	13.141	−0.204%	$591K	$2.8M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.184	+0.122%	$153K	$664K	50x	as long as short
Polymarket Perps LINK-USDlong	+0.0100%	1h	13.168	long leg	$81K	$67K	10x
Derive LINK-PERP	+0.0100%	1h	13.148	−0.150%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.184	+0.121%	$34K	$1.6M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	13.155	−0.099%	$5K	$40K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	13.130	−0.288%	$646K	$908K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.161	−0.056%	$667K	$1.9M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	13.160	−0.063%	$552K	$2K	3x	as long as short
Coinbase International LINK-PERP-INTX	+0.0104%	1h	13.161	−0.053%	$990K	$2.8M	50x	as long as short
Backpack LINK_USDC_PERP	+0.0114%	1h	13.170	+0.015%	$367K	$373K	15x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.159	−0.068%	$5.3M	$17.0M	75x	as long as short
Reya LINKRUSDPERP	+0.0374%	1h	13.165	−0.019%	$5K	—	20x	as long as short
Phemex LINKUSDT	+0.0464%	8h	13.176	+0.061%	$20.4M	$11.6M	50x	as long as short
Kraken Futures PF_LINKUSD	+0.0503%	1h	13.164	−0.033%	$6.9M	$7.9M	50x	as long as short