Settings8H · net · $10k
Funding arb · Price arb /

LINK

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0278%/8h= −30.4% APRnext payment $0.35 per $10,000 · paid last 24h −0.074%
Price spread now: ApeX Omni against Reya+0.001%63s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$8 a day on $10k at the current rate. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya LINKRUSDPERP13.2510.0378pay 0.0047% / 1h45m 50s$5K20x
ShortApeX Omni LINKUSDT13.2510.0100get 0.0013% / 1h45m 50s$154K$670K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Reya. 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

Funding earned
−$58.32
Price spread: +0.001% → 0.000%
$0.09
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$74.23
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; ApeX Omni: live order book, 32 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Reya no order-book sample
Sell ApeX Omni live order book, 32 min ago5.31 bp13.0 bp −$1392.6 bp −$926doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX LINK/USD [LINK-USDC]L −0.0090% / S +0.0167%1h13.259+0.062%$1.8M200xas long as short
Kalshi KXLINKPERP0.0000%8h13.259+0.058%$475K$2.4M3.7xas long as short
Deribit LINK_USDC-PERPETUAL0.0000%1h13.263+0.089%$727K$128K50xas long as short
gTrade (Gains Network) LINK/USDL +0.0004% / S −0.0007%1h13.258+0.051%$135K150xas long as short
Phoenix LINK+0.0012%1h13.243−0.061%$4K$84K10xas long as short
Injective LINK/USDC PERP+0.0033%1h12.400−6.421%$4K$48K12xas long as short
Orderly PERP_LINK_USDC+0.0041%8h13.258+0.054%$134K$1.5M20xas long as short
Lighter LINK+0.0096%1h13.254+0.020%$2.0M$2.7M10xas long as short
Paradex LINK-USD-PERP+0.0100%8h13.252+0.011%$32K$3K20xas long as short
Nado LINK-PERP+0.0100%1h13.254+0.022%$406K$311K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster LINKUSDT+0.0100%8h13.256+0.039%$1.4M$3.0M50xas long as short
Pacifica LINK+0.0100%1h13.253+0.019%$278K$150K10xas long as short
Binance LINKUSDT+0.0100%8h13.251+0.003%$123.4M$303.7M75xas long as short
Bybit LINKUSDT+0.0100%8h13.247−0.029%$85.5M$71.0M75xas long as short
OKX LINK-USDT-SWAP+0.0100%8h13.249−0.014%$28.0M$86.1M50xas long as short
Arcus LINK-USD+0.0100%1h13.267+0.122%$186K$172K10xas long as short
Gate LINK_USDT+0.0100%8h13.252+0.008%$131.3M$12.7M75xas long as short
MEXC LINK_USDT+0.0100%8h13.251+0.001%$36.8M$57.2M300xas long as short
KuCoin LINKUSDTM+0.0100%8h13.254+0.024%$22.7M$15.3M75xas long as short
Bitget LINKUSDT+0.0100%8h13.246−0.037%$55.1M$30.5M75xas long as short
BingX LINK-USDC+0.0100%8h13.250−0.007%$6.6Mas long as short
Variational Omni LINK+0.0100%8h13.238−0.098%$3.4M$1.6Mas long as short
edgeX LINKUSDC+0.0100%4h13.240−0.082%$44K$309K20xas long as short
GRVT LINK_USDT_Perp+0.0100%8h13.236−0.114%$598K$2.7M10xas long as short
ApeX Omni LINKUSDTshort+0.0100%1h13.251+0.001%$154K$670K50x
Polymarket Perps LINK-USD+0.0100%1h13.257+0.046%$82K$69K10xas long as short
Derive LINK-PERP+0.0100%1h13.257+0.043%$16K$22K10xas long as short
SunX LINK-USDT+0.0100%8h13.268+0.132%$34K$1.6M30xas long as short
SoDEX LINK-USD+0.0100%1h13.257+0.046%$5K$36K10xas long as short
HTX LINK-USDT+0.0100%8h13.239−0.086%$651K$888K75xas long as short
Extended LINK-USD+0.0104%1h13.246−0.036%$670K$1.9M25xas long as short
Aevo LINK-PERP+0.0104%1h13.262+0.084%$556K$2K3xas long as short
Coinbase International LINK-PERP-INTX+0.0160%1h13.233−0.135%$1.0M$2.8M50xas long as short
BloFin LINK-USDT+0.0220%8h13.227−0.180%$5.3M$17.3M75xas long as short
dYdX LINK-USD+0.0272%1h13.247−0.029%$351K$48K10xas long as short
Hyperliquid LINK+0.0298%1h13.270+0.143%$78.5M$24.0M10xas long as short
Backpack LINK_USDC_PERP+0.0368%1h13.266+0.114%$366K$379K15xas long as short
Reya LINKRUSDPERPlong+0.0378%1h13.251long leg$5K20x
Phemex LINKUSDT+0.0461%8h13.271+0.152%$20.6M$11.5M50xas long as short
Kraken Futures PF_LINKUSD+0.0473%1h13.265+0.104%$7.0M$8.2M50xas long as short