LINK (LINKUSDT) funding rates by exchange

The current funding rate for every LINK perpetual we track, venue by venue, with 7-day and 30-day accumulated funding and the annualised rate. A positive rate means longs pay shorts.

Exchanges
23
Venue spread
0.039%
Pays most
Phemex
24h volume
$1.2B

Right now Phemex pays +0.0289% per settlement and Kraken pays -0.0097% — that gap is what a funding-arbitrage position captures.

Right now 21 of the 23 LINK contracts carry a positive rate and the rest are negative. The sign itself differs by venue, which is the cleanest setup for a funding trade: collect on one leg instead of merely paying less on it.

Over the last 30 days the most LINK funding accumulated on XT.com, at +2.27% — worth checking against the current rate, because the leader on accumulated funding is often not the leader today.

LINK also trades as an inverse, coin-margined contract on Aster, Binance, BingX, Bitget, BloFin, Bybit, MEXC, OKX. Inverse funding is quoted against a USD-denominated contract and settles in LINK itself, so it moves independently of the USDT-margined rate above.

Funding history for LINK

Pick up to three venues below the chart, or click a row in the table. Drag to move through the history, scroll to zoom. Each dot is one settled day; above the dashed line the shorts are paid, below it the longs.

Venues on the chart:

Click a column header to sort · use Columns to show or hide metrics

Exchange Contract Current rate APR 7d sum 30d sum 30d trend 24h volume
Phemex LINK-USDT +0.0289% +27.7% +0.78% +1.64% $10.1M
BloFin LINK-USDT +0.0123% +9.6% +0.40% +1.42% $10.8M
KuCoin LINK-USDT +0.01% +7.1% +0.19% +0.65% $10M
BingX LINK-USDT +0.01% +7.3% +0.19% +0.76% $18.6M
Bybit LINK-USDT +0.01% +7.2% +0.14% +0.45% $118M
WhiteBIT LINK-USDT +0.01% +7.2% +0.21% +0.63% $94.4M
OKX EEA LINK-USDT +0.01% +7.3% +0.55% +1.23% $7.7M
Bitget LINK-USDT +0.01% +7.1% +0.18% +0.70% $43.7M
Gate.io LINK-USDT +0.01% +7.3% +0.12% +0.45% $30.7M
Aster LINK-USDT +0.01% +7.3% +0.21% +0.89% $3.3M
HTX LINK-USDT +0.01% +7.2% +0.19% +0.88% $1.5M
Poloniex LINK-USDT +0.01% +6.7% +0.21% +0.90% $314K
LBank LINK-USDT +0.0033% -0.3% +0.15% +0.44% $23.9M
Toobit LINK-USDT +0.0031% -0.5% +0.14% +0.50% $15.1M
Binance LINK-USDT +0.0031% -0.3% +0.15% +0.52% $408.5M
WEEX LINK-USDT +0.0031% -0.5% +0.15% +0.52% $99.3M
MEXC LINK-USDT +0.003% +0.4% +0.15% +0.51% $100.7M
Hyperliquid LINK-USDT +0.0013% +7.7% +0.28% +0.95% $55.3M
Polymarket LINK-USDT +0.0013% +7.5% -0.06% -0.24% $668K
Lighter LINK-USDT +0.0012% +8.1% +0.20% +0.16% $3.1M
XT.com LINK-USDT +0.0002% -3.7% +0.81% +2.27% $41.5M
OKX LINK-USDT -0.0008% -4.6% +0.16% +0.53% $116.5M
Kraken LINK-USDT -0.0097% -88.7% +0.10% +0.35% $14.8M

Rates come straight from exchange data and change at every settlement; APR annualises the current rate at the contract's own funding interval. Market data, not investment advice.

Other coins

Funding rates by coin →

Frequently asked questions

What is the LINK funding rate right now?

LINK funding currently ranges from +0.0289% on Phemex down to -0.0097% on Kraken per settlement — the table above lists every venue. A positive rate means long positions pay short positions at the next settlement; a negative rate means the reverse.

Which exchange pays the highest LINK funding?

At the moment Phemex shows the highest LINK funding rate. This changes at every settlement, so trust the live ranking above rather than any fixed answer.

How do you trade the LINK funding difference?

You hold offsetting positions on two venues — long where funding is negative, short where it is positive — so price exposure cancels out and you collect the difference at each settlement. On LINK that difference is currently 0.039% per settlement, before the trading fees on both legs.

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