Funding Rates › Funding rate heatmap › LINK funding rate
Chainlink (LINK) Funding Rate
Chainlink funding mixes DeFi blue-chip sentiment with oracle-network news, and tends to follow Ethereum's lead.
Live cross-venue comparison — 2026-10-20T10:01:25.806Z UTC · 11 venues
As of 2026-10-20 10:01 UTC, LINK funding ranged from 0.0000% to 0.0100% per 8h across 10 venues (median 0.0067%).
Positive = longs pay shorts (red). Negative = shorts pay longs (green).
Chainlink (LINK) funding summary
Chainlink (LINK) is listed on 11 venues in the latest snapshot (2026-10-20T10:01:25.806Z UTC). 8 of 10 venues positive (longs pay), 0 negative (shorts pay), 2 at zero.
- Venues listing
- 1110 used in statistics
- Median 8h rate
- 0.0067%7.3661% APR
- Highest 8h rate
- 0.0100%Hyperliquid · 10.9500% APR
- Lowest 8h rate
- 0.0000%LeverUp (pool) · 0.0000% APR
- Max spread (8h)
- 0.0100%10.9500% APR-equivalent
- Positive / negative
- 8 / 02 at zero
Statistics use one value per venue (the median if a venue lists several contracts), skip closed markets, GMX (pool-skew funding with a separate borrowing fee) and LeverUp markets routed to Hyperliquid (they would double count Hyperliquid). Every row is still shown in the table below.
Chainlink (LINK) funding rates by venue
Every LINK market in the latest snapshot, highest 8h rate first. Rate per interval is the amount paid at each settlement; 1h, 8h and APR are normalised so venues with different intervals compare directly. See the Hyperliquid funding rates page for core and HIP-3 markets.
| Venue | Venue symbol | Rate / interval | 1h | 8h | APR | Interval | Next funding | Mark price | Market open |
|---|---|---|---|---|---|---|---|---|---|
| Hyperliquid | LINK | 0.0013% | 0.0013% | 0.0100% | 10.9500% | 1h | in 58m | $11.9220 | open |
| Aster | LINKUSDT | 0.0100% | 0.0013% | 0.0100% | 10.9500% | 8h | in 6h | — | open |
| edgeX | LINKUSDC | 0.0050% | 0.0013% | 0.0100% | 10.9500% | 4h | — | — | open |
| Lighter | LINK | 0.0012% | 0.0012% | 0.0096% | 10.5120% | 1h | — | — | open |
| Bybit | LINK | 0.0091% | 0.0011% | 0.0091% | 9.9755% | 8h | in 6h | — | open |
| Paradex | LINK-USD-PERP | 0.0070% | 0.0009% | 0.0070% | 7.6784% | 8h | — | — | open |
| GMX | LINK/USD [LINK-USDC] | 0.0008% | 0.0008% | 0.0065% | 7.0635% | 1h | — | — | open |
| OKX | LINK-USDT-SWAP | 0.0064% | 0.0008% | 0.0064% | 7.0538% | 8h | in 14h | — | open |
| Binance | LINK | 0.0057% | 0.0007% | 0.0057% | 6.2853% | 8h | in 6h | — | open |
| dYdX | LINK-USD | 0.0000% | 0.0000% | 0.0000% | 0.0000% | 1h | in 58m | $11.9117 | open |
| Aster | LINKUSD | 0.0000% | 0.0000% | 0.0000% | 0.0000% | 8h | in 6h | — | open |
| LeverUp (pool) | LINK | 0.0000% | 0.0000% | 0.0000% | 0.0000% | 1h | — | — | open |
What does Chainlink (LINK) funding cost?
Worked example for a $10,000 long held for 1 day and 7 days, using each rate from the table above as if it stayed constant (it will not). Funding is charged on notional, not margin.
| Scenario | 8h rate | 1 day | 7 days |
|---|---|---|---|
| Median (10 venues) | 0.0067% | $2.02 paid | $14.13 paid |
| Highest: Hyperliquid | 0.0100% | $3.00 paid | $21.00 paid |
| Lowest: LeverUp (pool) | 0.0000% | $0.00 | $0.00 |
Cross-venue spread idea
In principle a trader could go long where funding is lowest (LeverUp (pool)) and short where it is highest (Hyperliquid) and collect the difference. At the current rates, $10,000 on each side would be a net $3.00 received per day before costs.
Caveat: this is an illustration, not advice. Real results depend on trading fees, price basis between the two contracts, different settlement intervals (a rate can change before you are paid), margin on both venues, liquidation risk on either leg, and funding changing sign. The funding rate arbitrage scanner ranks these gaps across every asset and explains the risks.
Try your own size and hold time in the funding rate calculator with LINK preselected. To estimate liquidation price and margin for the same position, use the Crypto Leverage Calculator.
Chainlink (LINK) funding history
Rolling hourly summary of the cross-venue 8h rate (median across venues, plus the lowest and highest venue reading in each sample). History is still building (4 hourly samples since 2026-10-20 07:00 UTC), so the 24h and 7d rows cover less than their full window.
| Window | Samples | Avg median 8h | Lowest venue 8h | Highest venue 8h | Avg median APR |
|---|---|---|---|---|---|
| Last 24h | 4 | 0.0049% | -0.0112% | 0.0100% | 5.3939% |
| Last 7d | 4 | 0.0049% | -0.0112% | 0.0100% | 5.3939% |
What drives Chainlink (LINK) funding rates
Chainlink is the dominant oracle network, supplying price feeds to much of DeFi. LINK is therefore treated as a DeFi blue chip: it tends to move with Ether and with DeFi sentiment generally, and its perp funding reflects the leverage traders take on that theme. In DeFi rallies, funding on LINK rises as longs crowd in; when DeFi is out of favour it often sinks toward baseline or below.
LINK-specific drivers include integrations and partnerships announced by the project, cross-chain interoperability products, staking and token-supply developments, and tokenised-asset initiatives that use oracle infrastructure. Such news can produce quick directional bursts that show up as funding spikes, usually fading within a few settlement periods.
Compared with the largest assets, LINK has a smaller pool of hedgers, so funding can swing further from baseline. Still, it is a long-established, widely listed contract, so cross-venue spreads are usually moderate compared with newer tokens. Larger gaps typically point to a venue whose book is thin or whose formula differs.
When using the table, pair the rate level with the interval column and the mark price: a venue with a stale or missing mark price may not be updating as frequently, and any unusual gap should be checked against the other venues before acting on it.
Where LINK is listed
LINK is listed on the major centralised exchanges and the leading on-chain perp venues, giving broad coverage for cross-venue comparison.
LeverUp also lists LINK: its on-chain pool market charges a funding rate plus a per-side holding fee, so long and short costs differ. Trade LINK on LeverUp.
What to watch
What to watch: whether LINK funding is moving with Ether or on its own, which tells you if the move is sector-wide or project-specific. Compare the median with the extremes before reading anything into a single venue.
Chainlink (LINK) funding rate FAQ
What is the current LINK funding rate?
At 2026-10-20T10:01:25.806Z UTC the median LINK funding rate across 10 venues is 0.0067% per 8 hours (7.3661% APR), ranging from 0.0000% on LeverUp (pool) to 0.0100% on Hyperliquid. Positive means longs pay shorts.
What drives Chainlink funding rates?
DeFi sentiment, correlation with Ethereum, project announcements and general altcoin leverage.
Does LINK follow ETH funding?
Often directionally, since LINK is a DeFi blue chip, but LINK has its own catalysts and a thinner hedging base, so levels differ.
Is the LINK spread between venues an arbitrage?
Not necessarily. Fees, basis, settlement-interval differences and margin requirements can erase an apparent gap.