Funding you earn now, next payment 21:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.007%
Price spread now: Coinbase International against SoDEX+0.152%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Coinbase International is 0.152% dearer against SoDEX than usual: you sell high and buy low, +$15 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 | SoDEX LINK-USD | 13.130 | 0.0100 | pay 0.0013% / 1h | 59m 28s | $5K | $40K | 10x |
| Short | Coinbase International LINK-PERP-INTX | 13.150 | 0.0104 | get 0.0013% / 1h | 59m 28s | $990K | $2.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against SoDEX. 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
- $0.84
- Price spread: +0.152% → 0.000%
- $15.23
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$1.93
- Costs to cover
- 0.180%
- Break-even
- 23.1 days
Slippage unknown: SoDEX: no order-book sample; Coinbase International: live order book, 4 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 4 min ago | 3.42 bp | 12.0 bp −$12 | 16.1 bp −$161 | doesn't fit | doesn't fit |
SoDEX: 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 −0.0090% / S +0.0167% | 1h | 13.134 | +0.033% | $1.8M | — | 200x | as long as short |
| Kalshi KXLINKPERP | 0.0000% | 8h | 13.141 | +0.081% | $470K | $2.3M | 3.7x | as long as short |
| Deribit LINK_USDC-PERPETUAL | 0.0000% | 1h | 13.137 | +0.051% | $717K | $125K | 50x | as long as short |
| gTrade (Gains Network) LINK/USD | L +0.0004% / S −0.0006% | 1h | 13.134 | +0.034% | $133K | — | 150x | as long as short |
| dYdX LINK-USD | +0.0012% | 1h | 13.116 | −0.104% | $347K | $60K | 10x | as long as short |
| Phoenix LINK | +0.0018% | 1h | 13.132 | +0.018% | $3K | $78K | 10x | as long as short |
| Injective LINK/USDC PERP | +0.0033% | 1h | 12.400 | −5.560% | $4K | $48K | 12x | as long as short |
| Orderly PERP_LINK_USDC | +0.0041% | 8h | 13.133 | +0.023% | $133K | $1.5M | 20x | as long as short |
| Lighter LINK | +0.0096% | 1h | 13.118 | −0.090% | $2.1M | $2.4M | 10x | as long as short |
| Paradex LINK-USD-PERP | +0.0100% | 8h | 13.116 | −0.108% | $32K | $3K | 20x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado LINK-PERP | +0.0100% | 1h | 13.128 | −0.015% | $399K | $317K | 10x | as long as short |
| Aster LINKUSDT | +0.0100% | 8h | 13.133 | +0.021% | $1.5M | $2.8M | 50x | as long as short |
| Pacifica LINK | +0.0100% | 1h | 13.116 | −0.110% | $275K | $151K | 10x | as long as short |
| Binance LINKUSDT | +0.0100% | 8h | 13.135 | +0.034% | $121.6M | $302.4M | 75x | as long as short |
| Bybit LINKUSDT | +0.0100% | 8h | 13.133 | +0.023% | $84.6M | $69.9M | 75x | as long as short |
| OKX LINK-USDT-SWAP | +0.0100% | 8h | 13.134 | +0.030% | $27.7M | $85.7M | 50x | as long as short |
| Arcus LINK-USD | +0.0100% | 1h | 13.139 | +0.069% | $184K | $172K | 10x | as long as short |
| Gate LINK_USDT | +0.0100% | 8h | 13.133 | +0.023% | $130.3M | $12.5M | 75x | as long as short |
| MEXC LINK_USDT | +0.0100% | 8h | 13.135 | +0.038% | $36.5M | $55.6M | 300x | as long as short |
| KuCoin LINKUSDTM | +0.0100% | 8h | 13.139 | +0.069% | $22.2M | $15.8M | 75x | as long as short |
| Bitget LINKUSDT | +0.0100% | 8h | 13.133 | +0.023% | $54.4M | $30.4M | 75x | as long as short |
| BingX LINK-USDT | +0.0100% | 8h | 13.133 | +0.023% | — | $21.8M | — | as long as short |
| Variational Omni LINK | +0.0100% | 8h | 13.143 | +0.099% | $3.3M | $1.5M | — | as long as short |
| edgeX LINKUSDC | +0.0100% | 4h | 13.139 | +0.067% | $44K | $309K | 20x | as long as short |
| GRVT LINK_USDT_Perp | +0.0100% | 8h | 13.136 | +0.049% | $589K | $2.8M | 10x | as long as short |
| ApeX Omni LINKUSDT | +0.0100% | 1h | 13.148 | +0.137% | $153K | $666K | 50x | as long as short |
| Polymarket Perps LINK-USD | +0.0100% | 1h | 13.138 | +0.061% | $80K | $68K | 10x | as long as short |
| Derive LINK-PERP | +0.0100% | 1h | 13.129 | −0.011% | $16K | $22K | 10x | as long as short |
| SunX LINK-USDT | +0.0100% | 8h | 13.152 | +0.166% | $34K | $1.6M | 30x | as long as short |
| SoDEX LINK-USDlong | +0.0100% | 1h | 13.130 | long leg | $5K | $40K | 10x | |
| HTX LINK-USDT | +0.0100% | 8h | 13.075 | −0.417% | $643K | $907K | 75x | as long as short |
| Extended LINK-USD | +0.0104% | 1h | 13.121 | −0.071% | $667K | $1.9M | 25x | as long as short |
| Aevo LINK-PERP | +0.0104% | 1h | 13.137 | +0.052% | $551K | $2K | 3x | as long as short |
| Coinbase International LINK-PERP-INTXshort | +0.0104% | 1h | 13.150 | +0.152% | $990K | $2.8M | 50x | |
| Backpack LINK_USDC_PERP | +0.0115% | 1h | 13.138 | +0.061% | $366K | $374K | 15x | as long as short |
| BloFin LINK-USDT | +0.0220% | 8h | 13.149 | +0.145% | $5.3M | $16.9M | 75x | as long as short |
| Reya LINKRUSDPERP | +0.0374% | 1h | 13.134 | +0.030% | $5K | — | 20x | as long as short |
| Hyperliquid LINK | +0.0430% | 1h | 13.145 | +0.114% | $77.4M | $23.6M | 10x | as long as short |
| Phemex LINKUSDT | +0.0482% | 8h | 13.148 | +0.137% | $20.3M | $11.6M | 50x | as long as short |
| Kraken Futures PF_LINKUSD | +0.0505% | 1h | 13.136 | +0.043% | $6.9M | $8.0M | 50x | as long as short |
SoDEX LINK-USD
Coinbase International LINK-PERP-INTX
GMX LINK/USD [LINK-USDC]
Kalshi KXLINKPERP
Deribit LINK_USDC-PERPETUAL
gTrade (Gains Network) LINK/USD
Phoenix LINK
Injective LINK/USDC PERP
Lighter LINK
Paradex LINK-USD-PERP
Aster LINKUSDT
Pacifica LINK
Binance LINKUSDT
Bybit LINKUSDT
OKX LINK-USDT-SWAP
Gate LINK_USDT
MEXC LINK_USDT
KuCoin LINKUSDTM
Bitget LINKUSDT
BingX LINK-USDT
Variational Omni LINK
edgeX LINKUSDC
GRVT LINK_USDT_Perp
ApeX Omni LINKUSDT
Polymarket Perps LINK-USD
Derive LINK-PERP
SunX LINK-USDT
HTX LINK-USDT
Extended LINK-USD
Backpack LINK_USDC_PERP
BloFin LINK-USDT
Hyperliquid LINK
Phemex LINKUSDT
Kraken Futures PF_LINKUSD