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

LINK

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0280%/8h= −30.7% APRpaid last 24h −0.074%
Price spread now: BingX against Reya+0.110%7-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 pays, funding is against you. BingX is 0.110% dearer against Reya than usual: you sell high and buy low (spread +0.110% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 32 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya LINKRUSDPERP13.1460.0380pay 0.0048% / 1h55m 32s$5K20x
ShortBingX LINK-USDT13.1600.0100get 0.0100% / 8h7h 55m$21.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
−$58.81
Price spread: +0.110% → 0.000%
$11.03
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee BingX: 5 bp × 2 orders
−$10
Net
−$63.78
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; BingX: live order book, 3 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 BingX live order book, 3 min ago1.52 bp6.5 bp −$77.4 bp −$7422.0 bp −$2,19549.6 bp −$24.8K
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
Gate LINK_USDT−0.0111%8h13.154+0.065%$130.4M$12.1M75xas long as short
GMX LINK/USD [LINK-USDC]L −0.0091% / S +0.0167%1h13.171+0.195%$1.8M200xas long as short
Kalshi KXLINKPERP0.0000%8h13.164+0.141%$481K$2.4M3.7xas long as short
Deribit LINK_USDC-PERPETUAL0.0000%1h13.181+0.269%$743K$152K50xas long as short
gTrade (Gains Network) LINK/USDL +0.0004% / S −0.0007%1h13.173+0.207%$134K150xas long as short
Phoenix LINK+0.0012%1h13.172+0.203%$4K$89K10xas long as short
Injective LINK/USDC PERP+0.0033%1h12.400−5.671%$4K$48K12xas long as short
Orderly PERP_LINK_USDC+0.0043%8h13.176+0.232%$133K$1.5M20xas long as short
Lighter LINK+0.0096%1h13.163+0.130%$2.0M$2.7M10xas long as short
Paradex LINK-USD-PERP+0.0100%8h13.153+0.057%$32K$3K20xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado LINK-PERP+0.0100%1h13.154+0.065%$402K$312K10xas long as short
Aster LINKUSDT+0.0100%8h13.158+0.094%$1.4M$3.0M50xas long as short
Pacifica LINK+0.0100%1h13.162+0.124%$277K$151K10xas long as short
Binance LINKUSDT+0.0100%8h13.154+0.063%$122.2M$306.4M75xas long as short
Bybit LINKUSDT+0.0100%8h13.152+0.049%$85.0M$71.7M75xas long as short
OKX LINK-USDT-SWAP+0.0100%8h13.151+0.042%$27.9M$86.3M50xas long as short
Arcus LINK-USD+0.0100%1h13.172+0.202%$185K$172K10xas long as short
MEXC LINK_USDT+0.0100%8h13.160+0.110%$36.6M$57.9M300xas long as short
KuCoin LINKUSDTM+0.0100%8h13.158+0.095%$22.8M$14.8M75xas long as short
Bitget LINKUSDT+0.0100%8h13.151+0.042%$54.7M$30.7M75xas long as short
BingX LINK-USDTshort+0.0100%8h13.160+0.110%$21.4M
Variational Omni LINK+0.0100%8h13.175+0.222%$3.4M$1.6Mas long as short
edgeX LINKUSDC+0.0100%4h13.166+0.158%$44K$308K20xas long as short
GRVT LINK_USDT_Perp+0.0100%8h13.169+0.179%$590K$2.7M10xas long as short
ApeX Omni LINKUSDT+0.0100%1h13.169+0.179%$153K$667K50xas long as short
Polymarket Perps LINK-USD+0.0100%1h13.155+0.072%$82K$69K10xas long as short
Derive LINK-PERP+0.0100%1h13.175+0.222%$16K$22K10xas long as short
SunX LINK-USDT+0.0100%8h13.194+0.367%$34K$1.6M30xas long as short
SoDEX LINK-USD+0.0100%1h13.181+0.270%$5K$32K10xas long as short
HTX LINK-USDT+0.0100%8h13.168+0.169%$648K$875K75xas long as short
Extended LINK-USD+0.0104%1h13.157+0.086%$740K$1.9M25xas long as short
Aevo LINK-PERP+0.0104%1h13.182+0.278%$553K$2K3xas long as short
Phemex LINKUSDT+0.0105%8h13.193+0.361%$20.4M$11.6M50xas long as short
Coinbase International LINK-PERP-INTX+0.0120%1h13.179+0.255%$1.0M$2.8M50xas long as short
BloFin LINK-USDT+0.0220%8h13.192+0.354%$5.2M$16.7M75xas long as short
Backpack LINK_USDC_PERP+0.0305%1h13.197+0.392%$364K$373K15xas long as short
Kraken Futures PF_LINKUSD+0.0364%1h13.191+0.347%$6.9M$8.3M50xas long as short
Reya LINKRUSDPERPlong+0.0380%1h13.146long leg$5K20x
dYdX LINK-USD+0.0419%1h13.157+0.084%$348K$48K10xas long as short
Hyperliquid LINK+0.0438%1h13.185+0.300%$79.2M$24.6M10xas long as short