LINK Funding Rate — live across 23 venues
25 DEX + 8 CEX · net of fees · updated continuously
Live annualized LINK perpetual funding across all 23 venues Perpia tracks. Right now LINK funding is positive on 19 and negative on 2, ranging from +70.9% on dYdX to -11.7% on Pacifica — a spread of 82.6%. The widest delta-neutral trade is long Pacifica / short dYdX at 78.8% net APR.
LINK funding rate by venue
148 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| dYdX | +70.9% | 1h |
| BackPack | +37.6% | 1h |
| HyENA | +19.3% | 1h |
| MEXC | +10.9% | 8h |
| Nado | +10.9% | 24h |
| Binance | +10.9% | 8h |
| Aster | +10.9% | 8h |
| OKX | +10.9% | 8h |
| Gate.io | +10.9% | 8h |
| Hyperliquid | +10.9% | 1h |
| Bybit | +10.9% | 8h |
| Bitget | +10.9% | 8h |
| EdgeX | +10.9% | 4h |
| BingX | +10.9% | 8h |
| ApeX | +10.9% | 1h |
| KuCoin | +9.9% | 8h |
| Paradex | +9.7% | 8h |
| Lighter | +5.3% | 8h |
| Variational | +1.4% | 8h |
| GMTrade | +0.0% | 1h |
| Ostium | +0.0% | 1h |
| Extended | -4.4% | 1h |
| Pacifica | -11.7% | 1h |
Rates annualized; updated ~every few minutes from live venue data.
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LINK funding — FAQ
Is LINK funding positive right now?
LINK perpetual funding is positive on 19 of 23 venues Perpia tracks and negative on 2. The highest is +70.9% on dYdX; the lowest is -11.7% on Pacifica.
What is the best LINK funding arbitrage right now?
Go long Pacifica and short dYdX for about 78.8% net APR after fees — the widest delta-neutral LINK spread Perpia currently sees.
Which exchange has the highest LINK funding rate?
dYdX, at +70.9% annualized. Funding shifts continuously, so check the live table above before trading.
How LINK funding arbitrage works
Funding-rate arbitrage is delta-neutral: you go long the venue paying the most negative funding and short the one paying the most positive, so price moves cancel and you collect the spread. The catch is liquidity — a huge APR on a thin book caps at a few thousand dollars and often flips within hours. Perpia shows the max size after slippage and tracks whether a spread holds, so you filter instead of chasing the number.