LINK Funding Rate — live across 14 venues

Compared across 14 supported venues · net of estimated fees · updated every few minutes

Live annualized LINK perpetual funding across all 14 venues Perpia tracks. Right now LINK funding is positive on 13 and negative on 0, ranging from +11.4% on Extended to +0.0% on Ostium — a spread of 11.4%. The widest delta-neutral trade is long Ostium / short Binance at 4.7% net APR.

14
venues
13
paying positive
11.4%
funding spread
Best LINK spread now
4.7%
net APR after fees
Long OstiumShort Binance
size depends on live venue depth — see the real cap in the scanner

LINK funding trend & liquidity

168h of history
10.9%
current gross APR
5.3%
24h average
6.6%
7-day average
$1K
pair OI · lower leg
$101.4M
24h volume · lower leg

Averages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.

LINK funding rate history

30d · 6h buckets · 12 venues
183%0-53.8%
6 Aug5 Sep
LINK — average across 12 venuesAsterBackPackExtendedHyperliquid

Annualized funding, averaged into 6-hour buckets. The bold line is the mean across venues quoting in that bucket; the faint lines are individual venues. Mean over the window: +9.3%. A break in a line means no data was recorded for that stretch, not a zero rate.

LINK funding rate by venue

15 pairs scanned
VenueFunding APRInterval
Extended+11.4%1h
Binance+10.9%8h
BingX+10.9%8h
MEXC+10.9%8h
Aster+10.9%8h
BackPack+10.9%1h
Nado+10.9%24h
OKX+10.9%8h
Gate.io+10.9%8h
Bybit+10.9%8h
Lighter+10.5%8h
Sodex+7.8%1h
Variational+7.6%8h
Ostium+0.0%1h

Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the Ostium vs Binance page.

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LINK funding — FAQ

Is LINK funding positive right now?

LINK perpetual funding is positive on 13 of 14 venues Perpia tracks. The highest is +11.4% on Extended; the lowest is +0.0% on Ostium.

What is the best LINK funding arbitrage right now?

Go long Ostium and short Binance for about 4.7% net APR after fees — the widest delta-neutral LINK spread Perpia currently sees.

Which exchange has the highest LINK funding rate?

Extended, at +11.4% annualized. Funding shifts continuously, so check the live table above before trading.

How LINK funding arbitrage works

Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.

Markets related to LINK

Markets also quoted on both Binance and Ostium — the same two exchanges you would already have funded for the LINK trade.

See every spread between them on the Binance vs Ostium page.