Chainlink (LINK) — Funding Rates
Perpetual futures funding rates across exchanges
Chainlink (LINK) perpetual futures currently show funding across 41 markets, averaging 0.0123% per interval. The highest rate is 0.2300%.
A positive rate means longs pay shorts — a signal of crowded long positioning; a negative rate means shorts pay longs. Use this page to compare funding across venues and spot markets where the annualized rate is attractive.
Markets with Funding
41
Highest Rate
0.2300%
Lowest Rate
-0.0153%
Total Perp Markets
41
Current Funding Rates
| Exchange | Pair | Funding Rate | Annualized APR | Interval | Price | Volume (24h) |
|---|---|---|---|---|---|---|
| Pionex | LINK/BTC | +0.0117% | +0.0% | 8000h · 8:00:00 AM | $12.45 | $178.08M |
| Binance | LINK/USDT | +0.0080% | +0.0% | 8000h · 8:00:00 AM | $12.40 | $123.81M |
| MEXC | LINK/USDT | +0.0081% | +0.0% | 8000h · 8:00:00 AM | $12.40 | $95.2M |
| Bybit | LINK/USDT | -0.0057% | -0.0% | 8000h · 8:00:00 AM | $12.40 | $40.53M |
| Whitebit | LINK/USDT | -0.0153% | -0.0% | 8000h · 8:00:00 AM | $12.38 | $29.26M |
| Bitget | LINK/USDT | +0.0055% | +0.0% | 8000h · 8:00:00 AM | $12.40 | $20.62M |
| Bitunix | LINK/USDT | +0.0000% | +0.0% | 8000h · 12:00:00 AM | $12.39 | $14.18M |
| Phemex | LINK/USDT | +0.0100% | +0.0% | 8000h | $12.40 | $12.5M |
| Xt | LINK/USDT | +0.0090% | +0.0% | 8000h | $12.39 | $12.5M |
| Binance | LINK/USDC | +0.0100% | +0.0% | 8000h · 8:00:00 AM | $12.42 | $9.19M |
| Bingx | LINK/USDT | +0.0083% | +0.0% | 8000h · 8:00:00 AM | $12.40 | $7.99M |
| Kucoin | LINK/USDT | +0.0094% | +0.0% | 8000h · 8:00:00 AM | $12.40 | $7.31M |
| Bingx | LINK/USDC | +0.0084% | +0.0% | 8000h · 8:00:00 AM | $12.42 | $6.53M |
| Digifinex | LINK/USDT | +0.0250% | +0.0% | 8000h · 8:00:00 AM | $12.40 | $5.7M |
| Gate | LINK/USDT | -0.0003% | -0.0% | 8000h · 12:00:00 AM | $12.40 | $5.13M |
| Pionex | LINK/ETH | -0.0002% | -0.0% | 8000h · 8:00:00 AM | $12.45 | $4.52M |
| Deepcoin | LINK/USDT | +0.0000% | +0.0% | 8000h | $12.40 | $4.08M |
| OKX | LINK/USDT | +0.0049% | +0.0% | 8000h · 4:00:00 PM | $12.40 | $2.78M |
| Grvt | LINK/USDT | +0.2300% | +0.3% | 8000h | $12.41 | $2.39M |
| Pionex | LINK/USDT | +0.0079% | +0.0% | 8000h · 8:00:00 AM | $12.39 | $2.26M |
| Deribit | LINK/USDC | +0.0007% | +0.0% | 8000h | $12.44 | $2.04M |
| Hyperliquid | LINK/USDC | +0.0013% | +0.0% | 1000h · 12:00:00 AM | $12.42 | $1.83M |
| Btse | LINK/USD | +0.0100% | +0.0% | 8000h | $12.41 | $1.72M |
| Phemex | LINK/USD | +0.0100% | +0.0% | 8000h | $12.39 | $1.03M |
| Aster | LINK/USDT | +0.0100% | +0.1% | 1000h · 8:00:00 AM | $12.40 | $641.42K |
| Lighter | LINK/USDC | +0.0096% | +0.1% | 1000h · 1:49:29 AM | $12.44 | $572.22K |
| Blofin | LINK/USDT | +0.0204% | +0.0% | 8000h · 12:00:00 AM | $14.43 | $547.01K |
| Phemex | LINK/USDC | +0.0100% | +0.0% | 8000h | $12.41 | $500.99K |
| Blofin | LINK/USDC | +0.0124% | +0.0% | 8000h · 12:00:00 AM | $14.46 | $410.03K |
| Digifinex | LINK/USD | -0.0110% | -0.0% | 8000h · 8:00:00 AM | $12.40 | $397.65K |
| Bitunix | LINK/USDC | +0.0000% | +0.0% | 8000h · 12:00:00 AM | $12.41 | $316.46K |
| MEXC | LINK/USDC | +0.0100% | +0.0% | 8000h · 8:00:00 AM | $12.42 | $173.89K |
| Bybit | LINK/USDC | +0.0100% | +0.0% | 8000h · 8:00:00 AM | $12.42 | $118.04K |
| Blofin | LINK/USD | +0.0297% | +0.0% | 8000h · 12:00:00 AM | $14.43 | $108.39K |
| MEXC | LINK/USD1 | +0.0081% | +0.0% | 8000h · 8:00:00 AM | $12.41 | $101.43K |
| Bitget | LINK/USDC | +0.0100% | +0.0% | 8000h · 8:00:00 AM | $12.42 | $101.26K |
| Deepcoin | LINK/USD | +0.0000% | +0.0% | 8000h | $12.40 | $78.19K |
| MEXC | LINK/USD | +0.0100% | +0.0% | 8000h · 8:00:00 AM | $12.41 | $49.89K |
| Bitunix | LINK/USD | +0.0100% | +0.0% | 8000h · 8:00:00 AM | $12.40 | $21.94K |
| Bybit | LINK/USD | +0.0100% | +0.0% | 8000h · 8:00:00 AM | $12.40 | $19.45K |
| Dydx | LINK/USD | +0.0000% | +0.0% | 8000h | $12.41 | $4.94K |
Chainlink Funding Rate FAQ
What is the LINK funding rate?expand_more
The funding rate is a periodic payment between longs and shorts on perpetual futures markets. A positive rate means longs pay shorts; a negative rate means shorts pay longs. It keeps the perpetual price anchored to spot.
Why is the funding rate positive or negative?expand_more
When most traders are long, funding turns positive to encourage shorts; when the crowd is short, funding turns negative to encourage longs. Extreme values often signal crowded positioning and potential reversals.
How is APR calculated from the funding rate?expand_more
APR annualizes the rate using the funding interval: rate × (24h / interval hours) × 365. For example, a 0.01% rate paid every 8 hours annualizes to roughly 10.95%.
When is funding paid on LINK perpetuals?expand_more
Most exchanges settle funding every 8 hours (00:00, 08:00, 16:00 UTC), though some venues use 4-hour or 1-hour intervals. The exact next settlement time is shown next to each market on this page.
What is considered a high funding rate?expand_more
Sustained funding above 0.05-0.1% per interval is elevated and indicates strong directional crowding. Funding arbitrage traders typically look for markets where the annualized rate exceeds holding costs.
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