LINK

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.015%

Price spread now: Kalshi against Variational Omni−0.291%7-day average −0.035% · you buy dearer than you sell

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

Long on Variational Omni Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.068%−$7 on $10k

Price spread, last 4 days (all we have)+0.506%+$51 · spread now −0.291%, 7d avg −0.035%

Together, before fees+0.438%+ Points / potential airdropVariational Omni: Active · farm board+$44 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Kalshi is 0.256% cheaper against Variational Omni than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of −0.035%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni LINK	13.019	0.0100	pay 0.0100% / 8h	5h 57m	$3.4M	$1.6M	—
Short	Kalshi KXLINKPERP	12.981	0	get 0.0000% / 8h	1h 57m	$469K	$2.2M	3.7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi 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

Position, each leg$Hold fordaysFee Variational OmnibpFee KalshibpOrdersPrice spread, now −0.291%Rate

Funding earned: −$21
Price spread: −0.291% → −0.035%: −$25.58
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$56.58
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Kalshi: live order book, 1 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 Variational Omni RFQ quote, 2 min ago	3.11 bp	doesn't fit	8.7 bp −$87	doesn't fit	doesn't fit
Sell Kalshi live order book, 1 min ago	8.20 bp	13.4 bp −$13	17.7 bp −$177	doesn't fit	doesn't fit

LINK on 39 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	12.980	−0.301%	$1.8M	—	200x	as long as short
dYdX LINK-USD	0.0000%	1h	12.979	−0.311%	$344K	$30K	10x	as long as short
Kalshi KXLINKPERPshort	0.0000%	8h	12.981	−0.291%	$469K	$2.2M	3.7x
gTrade (Gains Network) LINK/USD	L +0.0004% / S −0.0009%	1h	12.980	−0.300%	$159K	—	150x	as long as short
Injective LINK/USDC PERP	+0.0033%	1h	12.400	−4.756%	$4K	$48K	12x	as long as short
Phoenix LINK	+0.0049%	1h	13.030	+0.084%	$3K	$83K	10x	as long as short
Coinbase International LINK-PERP-INTX	+0.0064%	1h	13.018	−0.009%	$953K	$2.6M	50x	as long as short
Orderly PERP_LINK_USDC	+0.0068%	8h	12.977	−0.324%	$117K	$1.5M	20x	as long as short
Lighter LINK	+0.0096%	1h	12.975	−0.337%	$1.9M	$2.8M	10x	as long as short
Paradex LINK-USD-PERP	+0.0100%	8h	12.979	−0.305%	$31K	$2K	20x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado LINK-PERP	+0.0100%	1h	12.977	−0.320%	$395K	$317K	10x	as long as short
Aster LINKUSDT	+0.0100%	8h	12.982	−0.288%	$1.3M	$2.3M	50x	as long as short
Pacifica LINK	+0.0100%	1h	12.980	−0.299%	$274K	$168K	10x	as long as short
Binance LINKUSDT	+0.0100%	8h	12.978	−0.314%	$119.4M	$297.1M	75x	as long as short
Bybit LINKUSDT	+0.0100%	8h	12.980	−0.301%	$84.0M	$71.1M	75x	as long as short
OKX LINK-USDT-SWAP	+0.0100%	8h	12.986	−0.255%	$27.4M	$82.4M	50x	as long as short
Arcus LINK-USD	+0.0100%	1h	12.998	−0.163%	$182K	$165K	10x	as long as short
Gate LINK_USDT	+0.0100%	8h	12.982	−0.286%	$128.1M	$12.5M	75x	as long as short
MEXC LINK_USDT	+0.0100%	8h	12.988	−0.240%	$32.2M	$56.7M	300x	as long as short
KuCoin LINKUSDTM	+0.0100%	8h	12.978	−0.317%	$23.0M	$13.7M	75x	as long as short
Bitget LINKUSDT	+0.0100%	8h	12.984	−0.271%	$54.0M	$30.2M	75x	as long as short
BingX LINK-USDC	+0.0100%	8h	12.988	−0.240%	—	$6.6M	—	as long as short
Backpack LINK_USDC_PERP	+0.0100%	1h	12.992	−0.209%	$339K	$378K	15x	as long as short
Variational Omni LINKlong	+0.0100%	8h	13.019	long leg	$3.4M	$1.6M	—
edgeX LINKUSDC	+0.0100%	4h	13.027	+0.056%	$43K	$307K	20x	as long as short
GRVT LINK_USDT_Perp	+0.0100%	8h	13.023	+0.031%	$588K	$2.7M	10x	as long as short
ApeX Omni LINKUSDT	+0.0100%	1h	13.039	+0.152%	$134K	$672K	50x	as long as short
Polymarket Perps LINK-USD	+0.0100%	1h	12.984	−0.271%	$80K	$70K	10x	as long as short
Derive LINK-PERP	+0.0100%	1h	12.977	−0.323%	$16K	$22K	10x	as long as short
SunX LINK-USDT	+0.0100%	8h	12.991	−0.218%	$34K	$1.5M	30x	as long as short
SoDEX LINK-USD	+0.0100%	1h	12.976	−0.332%	$5K	$46K	10x	as long as short
HTX LINK-USDT	+0.0100%	8h	12.972	−0.365%	$640K	$686K	75x	as long as short
Extended LINK-USD	+0.0104%	1h	12.973	−0.359%	$703K	$2.0M	25x	as long as short
Aevo LINK-PERP	+0.0104%	1h	12.978	−0.317%	$544K	$2K	3x	as long as short
Deribit LINK_USDC-PERPETUAL	+0.0197%	1h	12.983	−0.278%	$771K	$212K	50x	as long as short
Reya LINKRUSDPERP	+0.0385%	1h	12.975	−0.339%	$4K	—	20x	as long as short
Kraken Futures PF_LINKUSD	+0.0555%	1h	12.979	−0.306%	$6.8M	$8.0M	50x	as long as short
Hyperliquid LINK	+0.0584%	1h	12.997	−0.171%	$81.2M	$26.5M	10x	as long as short
Phemex LINKUSDT	+0.0621%	8h	12.996	−0.178%	$20.1M	$11.6M	50x	as long as short