LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0092%/8h= −10.1% APRnext payment −$0.11 per $10,000 · paid last 24h −0.014%

Price spread now: gTrade (Gains Network) against SoDEX−0.080%7-day average — · you buy dearer than you sell

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

Long on SoDEX Short on gTrade (Gains Network)

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.080% cheaper against SoDEX than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX LINK-USD	13.266	0.0100	pay 0.0013% / 1h	32m 12s	$5K	$40K	10x
Short	gTrade (Gains Network) LINK/USD	13.255	L +0.0004% / S −0.0008%	get 0.0001% / 1h	32m 12s	$158K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against SoDEX. 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 SoDEXbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.080%Rate

Funding earned: −$19.31
Price spread: −0.080% → 0.000%: −$7.99
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$45.3
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 17 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 gTrade (Gains Network) virtual book (oracle venue), 17 min ago	130.05 bp	142.5 bp −$143	1049.3 bp −$10.5K	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 −0.0092% / S +0.0165%	1h	13.252	−0.103%	$1.7M	—	200x	as long as short
Variational Omni LINK	−0.0028%	8h	13.192	−0.560%	$3.4M	$1.3M	—	as long as short
Phoenix LINK	−0.0012%	1h	13.236	−0.226%	$3K	$79K	10x	as long as short
dYdX LINK-USD	0.0000%	1h	13.253	−0.100%	$351K	$60K	10x	as long as short
Kalshi KXLINKPERP	0.0000%	8h	13.270	+0.029%	$461K	$2.3M	3.7x	as long as short
Deribit LINK_USDC-PERPETUAL	0.0000%	1h	13.271	+0.038%	$706K	$108K	50x	as long as short
gTrade (Gains Network) LINK/USDshort	L +0.0004% / S −0.0008%	1h	13.255	−0.080%	$158K	—	150x
Kraken Futures PF_LINKUSD	+0.0025%	1h	13.272	+0.046%	$6.2M	$6.5M	50x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−6.528%	$4K	$48K	12x	as long as short
Coinbase International LINK-PERP-INTX	+0.0056%	1h	13.260	−0.045%	$1.0M	$2.7M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_LINK_USDC	+0.0066%	8h	13.263	−0.023%	$137K	$1.6M	20x	as long as short
OKX LINK-USDT-SWAP	+0.0082%	8h	13.267	+0.008%	$28.2M	$85.6M	50x	as long as short
Lighter LINK	+0.0096%	1h	13.275	+0.069%	$2.1M	$2.3M	10x	as long as short
Bybit LINKUSDT	+0.0097%	8h	13.268	+0.015%	$85.6M	$66.7M	75x	as long as short
Paradex LINK-USD-PERP	+0.0099%	8h	13.251	−0.111%	$32K	$3K	20x	as long as short
Nado LINK-PERP	+0.0100%	1h	13.245	−0.155%	$403K	$314K	10x	as long as short
Hyperliquid LINK	+0.0100%	1h	13.262	−0.030%	$78.1M	$22.3M	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	13.252	−0.104%	$1.4M	$2.6M	50x	as long as short
Pacifica LINK	+0.0100%	1h	13.254	−0.090%	$277K	$161K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	13.270	+0.029%	$122.4M	$297.3M	75x	as long as short
Arcus LINK-USD	+0.0100%	1h	13.264	−0.015%	$200K	$154K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	13.248	−0.136%	$132.3M	$12.4M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	13.250	−0.121%	$35.7M	$55.8M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	13.253	−0.098%	$21.8M	$15.9M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	13.264	−0.015%	$55.2M	$30.0M	75x	as long as short
BingX LINK-USDT	+0.0100%	8h	13.259	−0.053%	—	$21.6M	—	as long as short
edgeX LINKUSDC	+0.0100%	4h	13.197	−0.523%	$44K	$308K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.198	−0.512%	$601K	$2.8M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.274	+0.060%	$154K	$658K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	13.252	−0.106%	$80K	$62K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	13.263	−0.022%	$25K	$13K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	13.280	+0.105%	$34K	$1.5M	30x	as long as short
SoDEX LINK-USDlong	+0.0100%	1h	13.266	long leg	$5K	$40K	10x
HTX LINK-USDT	+0.0100%	8h	13.239	−0.200%	$644K	$888K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	13.265	−0.006%	$676K	$1.9M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	13.265	−0.009%	$558K	$340	3x	as long as short
Backpack LINK_USDC_PERP	+0.0108%	1h	13.265	−0.008%	$363K	$376K	15x	as long as short
BloFin LINK-USDT	+0.0220%	8h	13.226	−0.302%	$5.2M	$16.3M	75x	as long as short
Reya LINKRUSDPERP	+0.0370%	1h	13.246	−0.153%	$5K	—	20x	as long as short
Phemex LINKUSDT	+0.0439%	8h	13.280	+0.106%	$20.5M	$11.4M	50x	as long as short