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

LINK

all LINK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0057%/8h= +6.2% APRnext payment +$0.57 per $10,000 · paid last 24h +0.020%
Price spread now: Aster against Variational Omni+0.083%7-day average +0.052% · 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)+0.032%+$3 on $10k
Price spread, last 7 days−0.008%−$1 · spread now +0.083%, 7d avg +0.052%
Together, before fees+0.024%+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm board+$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aster is 0.031% dearer against Variational Omni than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.052%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni LINK13.0840.0043pay 0.0043% / 8h2h 43m$3.3M$1.5M
ShortAster LINKUSDT13.0940.0100get 0.0100% / 8h2h 43m$1.6M$2.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Variational Omni. 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
$11.94
Price spread: +0.083% → +0.052%
$3.1
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
$7.04
Costs to cover
0.080%
Break-even
2.9 days
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Aster: live order book, 5 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 Variational Omni RFQ quote, 1 min ago3.13 bpdoesn't fit11.3 bp −$113doesn't fitdoesn't fit
Sell Aster live order book, 5 min ago1.91 bp7.7 bp −$813.3 bp −$133doesn't fitdoesn't fit

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 −0.0091% / S +0.0165%1h13.083−0.005%$1.7M200xas long as short
Kalshi KXLINKPERP0.0000%8h13.087+0.025%$456K$2.3M3.7xas long as short
Deribit LINK_USDC-PERPETUAL0.0000%1h13.080−0.026%$701K$111K50xas long as short
gTrade (Gains Network) LINK/USDL +0.0003% / S −0.0002%1h13.085+0.007%$82K150xas long as short
Phoenix LINK+0.0018%1h13.073−0.079%$3K$84K10xas long as short
Injective LINK/USDC PERP+0.0033%1h12.400−5.225%$4K$48K12xas long as short
Variational Omni LINKlong+0.0043%8h13.084long leg$3.3M$1.5M
dYdX LINK-USD+0.0044%1h13.097+0.106%$347K$60K10xas long as short
Orderly PERP_LINK_USDC+0.0053%8h13.072−0.088%$134K$1.6M20xas long as short
Lighter LINK+0.0096%1h13.099+0.118%$2.1M$2.4M10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex LINK-USD-PERP+0.0100%8h13.096+0.097%$32K$3K20xas long as short
Nado LINK-PERP+0.0100%1h13.099+0.122%$398K$319K10xas long as short
Hyperliquid LINK+0.0100%1h13.103+0.149%$77.3M$23.6M10xas long as short
Aster LINKUSDTshort+0.0100%8h13.094+0.083%$1.6M$2.7M50x
Pacifica LINK+0.0100%1h13.096+0.095%$274K$153K10xas long as short
Binance LINKUSDT+0.0100%8h13.100+0.129%$121.1M$299.8M75xas long as short
Bybit LINKUSDT+0.0100%8h13.100+0.126%$84.4M$69.3M75xas long as short
OKX LINK-USDT-SWAP+0.0100%8h13.102+0.141%$27.6M$84.8M50xas long as short
Arcus LINK-USD+0.0100%1h13.111+0.210%$184K$171K10xas long as short
Gate LINK_USDT+0.0100%8h13.095+0.087%$130.5M$12.6M75xas long as short
MEXC LINK_USDT+0.0100%8h13.095+0.087%$35.8M$56.0M300xas long as short
KuCoin LINKUSDTM+0.0100%8h13.096+0.095%$21.9M$15.8M75xas long as short
Bitget LINKUSDT+0.0100%8h13.101+0.133%$54.1M$30.3M75xas long as short
BingX LINK-USDC+0.0100%8h13.099+0.118%$6.6Mas long as short
Backpack LINK_USDC_PERP+0.0100%1h13.093+0.072%$362K$369K15xas long as short
edgeX LINKUSDC+0.0100%4h13.075−0.064%$43K$308K20xas long as short
GRVT LINK_USDT_Perp+0.0100%8h13.074−0.073%$593K$2.8M10xas long as short
ApeX Omni LINKUSDT+0.0100%1h13.081−0.020%$152K$662K50xas long as short
Polymarket Perps LINK-USD+0.0100%1h13.103+0.149%$80K$65K10xas long as short
Derive LINK-PERP+0.0100%1h13.077−0.051%$16K$16K10xas long as short
SunX LINK-USDT+0.0100%8h13.090+0.047%$34K$1.5M30xas long as short
SoDEX LINK-USD+0.0100%1h13.075−0.065%$5K$40K10xas long as short
HTX LINK-USDT+0.0100%8h13.067−0.128%$639K$908K75xas long as short
Extended LINK-USD+0.0104%1h13.098+0.111%$664K$1.9M25xas long as short
Aevo LINK-PERP+0.0104%1h13.080−0.024%$549K$2K3xas long as short
Coinbase International LINK-PERP-INTX+0.0104%1h13.087+0.026%$986K$2.7M50xas long as short
BloFin LINK-USDT+0.0220%8h13.078−0.043%$5.2M$16.7M75xas long as short
Reya LINKRUSDPERP+0.0372%1h13.093+0.073%$5K20xas long as short
Phemex LINKUSDT+0.0501%8h13.099+0.118%$20.2M$11.5M50xas long as short
Kraken Futures PF_LINKUSD+0.0506%1h13.087+0.029%$7.0M$7.7M50xas long as short