Chainlink (LINK) Funding Rate History
Chainlink (LINK) perpetual futures funding ranges from -2.30 bps on HYENA to 14.70 bps on DRIFT across 26 reporting venues, a spread of 17.00 bps. The most extreme rate (160.96% APY annualized) is on DRIFT. Currently funding signs are mixed: 24 positive, 2 negative.
A non-zero funding rate spread between venues is the basis for delta-neutral funding arbitrage: long the cheaper-funding exchange and short the more expensive one to capture the spread without picking a side on LINK price.
LINK Per-Exchange Funding Rates
| Exchange | Current Funding (bps) | Funding APY | 7-Day Avg Funding (bps) | 24h Volume |
|---|---|---|---|---|
| DRIFT | 14.70 bps | 160.96% APY | n/a | $0 |
| CRYPTOCOM | 5.80 bps | 63.51% APY | 5.40 bps | $303.38K |
| HYENA | -2.30 bps | -25.18% APY | -6.10 bps | $3.51K |
| BINGX | 1.10 bps | 12.04% APY | 0.90 bps | $18.73M |
| REYA | 1.10 bps | 12.04% APY | 0.50 bps | $1.68K |
| OKX | 1.00 bps | 10.95% APY | 0.50 bps | $22.17M |
| BITGET | 1.00 bps | 10.95% APY | 0.50 bps | $14.54M |
| PHEMEX | 1.00 bps | 10.95% APY | 0.40 bps | $14.16M |
| GATEIO | 1.00 bps | 10.95% APY | 0.40 bps | $9.79M |
| HYPERLIQUID | 1.00 bps | 10.95% APY | 0.80 bps | $4.56M |
| EDGEX | 1.00 bps | 10.95% APY | 1.00 bps | $806.29K |
| ASTER | 1.00 bps | 10.95% APY | 1.00 bps | $717.90K |
| HUOBI | 1.00 bps | 10.95% APY | 0.60 bps | $356.66K |
| LIGHTER | 1.00 bps | 10.95% APY | 0.70 bps | $216.95K |
| EXTENDED | 1.00 bps | 10.95% APY | 1.00 bps | $165.82K |
| NADO | 1.00 bps | 10.95% APY | 0.40 bps | $123.94K |
| WOOFIPRO | 1.00 bps | 10.95% APY | 1.00 bps | $86.55K |
| PACIFICA | 1.00 bps | 10.95% APY | 0.90 bps | $41.58K |
| BINANCE | 0.80 bps | 8.76% APY | 0.30 bps | $91.90M |
| MEXC | 0.70 bps | 7.66% APY | 0.30 bps | $54.48M |
| GRVT | 0.60 bps | 6.57% APY | 0.80 bps | $4.72M |
| DECIBEL | 0.60 bps | 6.57% APY | 0.80 bps | $0 |
| KUCOIN | 0.50 bps | 5.47% APY | 0.30 bps | $3.74M |
| VARIATIONAL | -0.50 bps | -5.47% APY | 0.20 bps | $152.40K |
| PARADEX | 0.40 bps | 4.38% APY | 1.80 bps | $1.47K |
| BYBIT | 0.10 bps | 1.09% APY | 0.40 bps | $37.49M |
Last updated 2026-06-01T03:12:15.302418Z (UTC).
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Related: LINK open interest, LINK volume, LINK perp market data.