Funding you earn now, next payment 09:00 UTC−0.0299%/8h= −32.7% APRnext payment −$0.37 per $10,000 · paid last 24h −0.084%
Price spread now: Extended against Reya−0.018%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 airdropReya: Active · Extended: 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: −$9 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya LINKRUSDPERP | 12.830 | 0.0403 | pay 0.0050% / 1h | 31m 47s | $4K | — | 20x |
| Short | Extended LINK-USD | 12.828 | 0.0104 | get 0.0013% / 1h | 31m 47s | $614K | $2.0M | 25x |
Reya LINKRUSDPERP
Extended LINK-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Reya. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$62.8
- Price spread: −0.018% → 0.000%
- −$1.79
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$75.59
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Extended: 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 Reya no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 2 min ago | 1.56 bp | 6.2 bp −$6 | 8.1 bp −$81 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_LINK_USDC | −0.0115% | 8h | 12.834 | +0.028% | $90K | $976K | 20x | as long as short |
| GMX LINK/USD [LINK-USDC] | L −0.0087% / S +0.0165% | 1h | 12.837 | +0.050% | $1.7M | — | 200x | as long as short |
| Kalshi KXLINKPERP | 0.0000% | 8h | 12.851 | +0.159% | $504K | $2.3M | 3.7x | as long as short |
| gTrade (Gains Network) LINK/USD | L +0.0004% / S −0.0002% | 1h | 12.837 | +0.048% | $105K | — | 150x | as long as short |
| Bybit LINKUSDT | +0.0011% | 8h | 12.834 | +0.028% | $83.1M | $72.9M | 75x | as long as short |
| Injective LINK/USDC PERP | +0.0033% | 1h | 12.400 | −3.355% | $4K | $48K | 12x | as long as short |
| Kraken Futures PF_LINKUSD | +0.0049% | 1h | 12.840 | +0.076% | $6.4M | $8.4M | 50x | as long as short |
| Phoenix LINK | +0.0087% | 1h | 12.886 | +0.437% | $3K | $85K | 10x | as long as short |
| Lighter LINK | +0.0096% | 1h | 12.836 | +0.043% | $1.9M | $2.8M | 10x | as long as short |
| Paradex LINK-USD-PERP | +0.0100% | 8h | 12.844 | +0.106% | $31K | $2K | 20x | as long as short |
Orderly PERP_LINK_USDC
GMX LINK/USD [LINK-USDC]
Kalshi KXLINKPERP
gTrade (Gains Network) LINK/USD
Bybit LINKUSDT
Injective LINK/USDC PERP
Kraken Futures PF_LINKUSD
Phoenix LINK
Lighter LINK
Paradex LINK-USD-PERPShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado LINK-PERP | +0.0100% | 1h | 12.834 | +0.024% | $348K | $336K | 10x | as long as short |
| Hyperliquid LINK | +0.0100% | 1h | 12.841 | +0.079% | $80.2M | $28.1M | 10x | as long as short |
| Aster LINKUSDT | +0.0100% | 8h | 12.840 | +0.074% | $1.2M | $2.4M | 50x | as long as short |
| Pacifica LINK | +0.0100% | 1h | 12.848 | +0.135% | $273K | $181K | 10x | as long as short |
| Binance LINKUSDT | +0.0100% | 8h | 12.837 | +0.051% | $118.5M | $296.9M | 75x | as long as short |
| OKX LINK-USDT-SWAP | +0.0100% | 8h | 12.835 | +0.035% | $26.9M | $79.4M | 50x | as long as short |
| Arcus LINK-USD | +0.0100% | 1h | 12.867 | +0.285% | $180K | $100K | 10x | as long as short |
| Gate LINK_USDT | +0.0100% | 8h | 12.835 | +0.035% | $133.1M | $17.6M | 75x | as long as short |
| MEXC LINK_USDT | +0.0100% | 8h | 12.836 | +0.043% | $35.8M | $58.6M | 300x | as long as short |
| KuCoin LINKUSDTM | +0.0100% | 8h | 12.840 | +0.074% | $22.8M | $12.3M | 75x | as long as short |
| Bitget LINKUSDT | +0.0100% | 8h | 12.832 | +0.012% | $53.6M | $29.8M | 75x | as long as short |
| BingX LINK-USDT | +0.0100% | 8h | 12.834 | +0.028% | — | $23.2M | — | as long as short |
| Backpack LINK_USDC_PERP | +0.0100% | 1h | 12.841 | +0.082% | $334K | $385K | 15x | as long as short |
| Variational Omni LINK | +0.0100% | 8h | 12.870 | +0.311% | $3.3M | $1.8M | — | as long as short |
| edgeX LINKUSDC | +0.0100% | 4h | 12.873 | +0.333% | $43K | $308K | 20x | as long as short |
| GRVT LINK_USDT_Perp | +0.0100% | 8h | 12.871 | +0.316% | $579K | $3.0M | 10x | as long as short |
| ApeX Omni LINKUSDT | +0.0100% | 1h | 12.895 | +0.503% | $132K | $670K | 50x | as long as short |
| Polymarket Perps LINK-USD | +0.0100% | 1h | 12.839 | +0.067% | $82K | $70K | 10x | as long as short |
| Derive LINK-PERP | +0.0100% | 1h | 12.874 | +0.343% | $16K | $22K | 10x | as long as short |
| SunX LINK-USDT | +0.0100% | 8h | 12.860 | +0.230% | $33K | $1.4M | 30x | as long as short |
| SoDEX LINK-USD | +0.0100% | 1h | 12.836 | +0.043% | $10K | $60K | 10x | as long as short |
| HTX LINK-USDT | +0.0100% | 8h | 12.836 | +0.040% | $627K | $714K | 75x | as long as short |
| Extended LINK-USDshort | +0.0104% | 1h | 12.828 | −0.018% | $614K | $2.0M | 25x | |
| Aevo LINK-PERP | +0.0104% | 1h | 12.860 | +0.232% | $539K | $2K | 3x | as long as short |
| Coinbase International LINK-PERP-INTX | +0.0184% | 1h | 12.873 | +0.332% | $926K | $3.2M | 50x | as long as short |
| Deribit LINK_USDC-PERPETUAL | +0.0217% | 1h | 12.844 | +0.102% | $803K | $268K | 50x | as long as short |
| BloFin LINK-USDT | +0.0220% | 8h | 12.851 | +0.160% | $5.2M | $15.8M | 75x | as long as short |
| Reya LINKRUSDPERPlong | +0.0403% | 1h | 12.830 | long leg | $4K | — | 20x | |
| Phemex LINKUSDT | +0.0638% | 8h | 12.856 | +0.199% | $19.9M | $11.4M | 50x | as long as short |
| dYdX LINK-USD | +0.1449% | 1h | 12.851 | +0.159% | $345K | $49K | 10x | as long as short |
Nado LINK-PERP
Hyperliquid LINK
Aster LINKUSDT
Pacifica LINK
Binance LINKUSDT
OKX LINK-USDT-SWAP
Arcus LINK-USD
Gate LINK_USDT
MEXC LINK_USDT
KuCoin LINKUSDTM
Bitget LINKUSDT
BingX LINK-USDT
Backpack LINK_USDC_PERP
Variational Omni LINK
edgeX LINKUSDC
GRVT LINK_USDT_Perp
ApeX Omni LINKUSDT
Polymarket Perps LINK-USD
Derive LINK-PERP
SunX LINK-USDT
SoDEX LINK-USD
HTX LINK-USDT
Aevo LINK-PERP
Coinbase International LINK-PERP-INTX
Deribit LINK_USDC-PERPETUAL
BloFin LINK-USDT
Phemex LINKUSDT
dYdX LINK-USD