LINK 永续合约资金费率 — 各交易所对比
Best Spread
31.3% APR
Long (Lowest)
HTXShort (Highest)
Crypto.comMark Price
$9.633
Total OI
$560.3M
24h Volume
$468.8M
LINK 资金费本周的实际结算收益
按过去 7 天实际结算的资金费排序（$10,000 仓位，已扣除开平仓成本），而不是瞬时年化。
$10,000 做 LINK：做多 Lighter / 做空 Aster → 扣除成本后一周 +$11.53（实际结算年化 9.8%）。
- 做多 Lighter做空 Aster+$11.53每周（$10k）, 扣除成本后
- 实际结算，7 天均值
- +9.8%
- 稳定
- 68%
回本 3 天 - 做多 Variational做空 Aster+$10.61每周（$10k）, 扣除成本后
- 实际结算，7 天均值
- +9.9%
- 稳定
- 90%
回本 3 天 - 做多 Variational做空 MEXC+$5.61每周（$10k）, 扣除成本后
- 实际结算，7 天均值
- +6.2%
- 稳定
- 58%
回本 2 天
过去 7 天的实际数据，不是预测。成本 = 两家交易所开平仓的吃单手续费。 即将结算的资金费 →
Funding Rates by Exchange
+11.87%
Interval
1h
Open Interest
$203K
Mark Price
$9.631
+10.96%
Interval
8h
Open Interest
$18.0M
Mark Price
$9.631
+10.96%
Interval
8h
Open Interest
$917K
Mark Price
$9.633
+10.96%
Interval
1h
Open Interest
$39K
Mark Price
$9.6274
+10.96%
Interval
1h
Open Interest
$31K
Mark Price
$9.637
+10.96%
Interval
4h
Open Interest
$41K
Mark Price
$9.629
+10.96%
Interval
1h
Open Interest
$71K
Mark Price
$9.624
+10.96%
Interval
8h
Open Interest
$15.7M
Mark Price
$9.643
+10.90%
Interval
1h
Open Interest
$7K
Mark Price
$9.6475
+10.52%
Interval
1h
Open Interest
$135K
Mark Price
$9.6277
+10.52%
Interval
1h
Open Interest
$105K
Mark Price
$9.6329
+10.26%
Interval
1h
Open Interest
$123K
Mark Price
$9.63
+9.98%
Interval
8h
Open Interest
$26K
Mark Price
$9.628
+5.99%
Interval
1h
Open Interest
$36K
Mark Price
$9.624
+4.24%
Interval
8h
Open Interest
$1.1M
Mark Price
$9.6376
+3.54%
Interval
8h
Open Interest
$53.9M
Mark Price
$9.632
+3.18%
Interval
8h
Open Interest
$7.1M
Mark Price
$9.637
+2.85%
Interval
1h
Open Interest
$71K
Mark Price
$9.631
+2.41%
Interval
8h
Open Interest
$3.4M
Mark Price
$9.633
+2.01%
Interval
8h
Open Interest
$6.4M
Mark Price
$9.629
+1.86%
Interval
8h
Open Interest
$76.5M
Mark Price
$9.6313
+1.86%
Interval
8h
Open Interest
$434K
Mark Price
$9.6374
+1.86%
Interval
8h
Open Interest
$2.1M
Mark Price
$9.63
+1.86%
Interval
8h
Open Interest
—
Mark Price
$9.634
+1.86%
Interval
8h
Open Interest
—
Mark Price
$9.634
+1.86%
Interval
8h
Open Interest
—
Mark Price
$9.63
+1.86%
Interval
8h
Open Interest
—
Mark Price
$9.628
+1.75%
Interval
8h
Open Interest
$29.0M
Mark Price
$9.633
+0.00%
Interval
1h
Open Interest
$160K
Mark Price
$9.63
-1.53%
Interval
8h
Open Interest
$42.0M
Mark Price
$9.634
-1.86%
Interval
1h
Open Interest
$176K
Mark Price
$9.6375
-2.87%
Interval
1h
Open Interest
$2K
Mark Price
$9.633
-3.38%
Interval
1h
Open Interest
$187K
Mark Price
$9.631
-3.45%
Interval
1h
Open Interest
$73K
Mark Price
$9.623
-3.60%
Interval
8h
Open Interest
$1.8M
Mark Price
$9.6303
-4.13%
Interval
8h
Open Interest
$9K
Mark Price
$9.6224
-4.27%
Interval
8h
Open Interest
$37.2M
Mark Price
$9.636
-4.35%
Interval
1h
Open Interest
$40.3M
Mark Price
$9.6335
-4.35%
Interval
1h
Open Interest
$40.3M
Mark Price
$9.6335
-4.35%
Interval
1h
Open Interest
$40.3M
Mark Price
$9.6335
-4.35%
Interval
1h
Open Interest
$40.3M
Mark Price
$9.6335
-4.35%
Interval
1h
Open Interest
$40.3M
Mark Price
$9.6335
-4.59%
Interval
1h
Open Interest
$40.2M
Mark Price
$9.6267
-6.14%
Interval
1h
Open Interest
$1.4M
Mark Price
$9.6272
-6.37%
Interval
8h
Open Interest
$19.9M
Mark Price
$9.637
-19.42%
Interval
8h
Open Interest
$498K
Mark Price
$9.6284
Funding Rates by Exchange
| Exchange | Funding APR↓ | Interval | Open Interest↕ | Mark Price↕ |
|---|---|---|---|---|
| Crypto.comBest Short | +11.87% | 1h | $203K | $9.631 |
 KuCoin | +10.96% | 8h | $18.0M | $9.631 |
 Aster | +10.96% | 8h | $917K | $9.633 |
 Pacifica | +10.96% | 1h | $39K | $9.6274 |
 ApeX | +10.96% | 1h | $31K | $9.637 |
 edgeX V2 | +10.96% | 4h | $41K | $9.629 |
 Arcus | +10.96% | 1h | $71K | $9.624 |
 Phemex | +10.96% | 8h | $15.7M | $9.643 |
 Phoenix | +10.90% | 1h | $7K | $9.6475 |
 Extended | +10.52% | 1h | $135K | $9.6277 |
 Lighter Robinhood | +10.52% | 1h | $105K | $9.6329 |
 PopDEX | +10.26% | 1h | $123K | $9.63 |
 WOOFi Pro | +9.98% | 8h | $26K | $9.628 |
 Decibel | +5.99% | 1h | $36K | $9.624 |
 Pionex | +4.24% | 8h | $1.1M | $9.6376 |
 Bybit | +3.54% | 8h | $53.9M | $9.632 |
 BingX | +3.18% | 8h | $7.1M | $9.637 |
 Polymarket | +2.85% | 1h | $71K | $9.631 |
 BloFin | +2.41% | 8h | $3.4M | $9.633 |
 Hotcoin | +2.01% | 8h | $6.4M | $9.629 |
 Binance Futures | +1.86% | 8h | $76.5M | $9.6313 |
 grvt | +1.86% | 8h | $434K | $9.6374 |
 Toobit | +1.86% | 8h | $2.1M | $9.63 |
 Bitunix | +1.86% | 8h | — | $9.634 |
 WEEX | +1.86% | 8h | — | $9.634 |
 CoinW | +1.86% | 8h | — | $9.63 |
 LBank | +1.86% | 8h | — | $9.628 |
 MEXC | +1.75% | 8h | $29.0M | $9.633 |
 dYdX | +0.00% | 1h | $160K | $9.63 |
 Gate.io | -1.53% | 8h | $42.0M | $9.634 |
 NADO | -1.86% | 1h | $176K | $9.6375 |
 SoDEX | -2.87% | 1h | $2K | $9.633 |
 Backpack | -3.38% | 1h | $187K | $9.631 |
 TxFlow | -3.45% | 1h | $73K | $9.623 |
 Variational | -3.60% | 8h | $1.8M | $9.6303 |
 Paradex | -4.13% | 8h | $9K | $9.6224 |
 Bitget | -4.27% | 8h | $37.2M | $9.636 |
 Hyperliquid | -4.35% | 1h | $40.3M | $9.6335 |
 dreamcash | -4.35% | 1h | $40.3M | $9.6335 |
 Ventuals | -4.35% | 1h | $40.3M | $9.6335 |
 Kinetiq | -4.35% | 1h | $40.3M | $9.6335 |
 Entropy | -4.35% | 1h | $40.3M | $9.6335 |
 Bullpen | -4.59% | 1h | $40.2M | $9.6267 |
 Lighter | -6.14% | 1h | $1.4M | $9.6272 |
 OKX | -6.37% | 8h | $19.9M | $9.637 |
| HTXBest Long | -19.42% | 8h | $498K | $9.6284 |
LINK 资金费率的含义
资金费率数据更新于 2026-11-14 10:45 UTC
ORBIT 按交易所实时汇总 LINK 永续合约在 46 家交易所的资金费率。资金费率是多头与空头之间的周期性支付，用来把永续合约价格锚定在现货附近：费率为正时多头向空头支付，为负时空头向多头支付。目前 LINK 的年化资金费率从 HTX 的 -19.42% 到 Crypto.com 的 +11.87% 不等。
LINK 当前最大的跨所资金费率价差为年化 31.3%。德尔塔中性的跨所套利正是赚取这一差额：在费率最低的 HTX 做多，在费率最高的 Crypto.com 做空。两条腿等额反向，价格波动相互抵消，留下的就是费率差。ORBIT 回测器回放两条腿真实的资金费率历史，并按实时订单簿扣除吃单手续费和滑点，得到的是净收益，而不是宣传数字。
LINK 在所跟踪的永续品种中持仓量排名第 32，各交易所合计持仓量 $560.3M，24 小时成交量 $468.8M，成交量加权标记价格 $9.633。流动性越深，就能以越低的滑点在更大仓位上交易这一价差——在筛选器中使用「最低持仓量」过滤，只保留能实际进出的市场。
Frequently asked questions
- 目前哪家交易所的 LINK 资金费率最高？
- Crypto.com，年化 +11.87%。较高的正费率意味着空头收取资金费用，因此它是跨所套利中做空的一方。费率每个结算周期都会变化，当前数值请以实时筛选器为准。
- 为赚取资金费率，LINK 应在哪家交易所做多？
- HTX 的 LINK 资金费率最低，为年化 -19.42%，在那里做多成本最低（甚至可收取费用）。与费率最高的交易所配对，即构成德尔塔中性的价差组合。
- LINK 最佳的资金费率套利组合是什么？
- 价差最大的组合是 HTX 做多 / Crypto.com 做空，扣除成本前约为年化 31.3%。确定仓位规模前，请先在 ORBIT 回测器中验证，它会扣除真实的手续费和滑点。
- LINK 的资金费用多久结算一次？
- 各交易所资金间隔不同（1 小时、4 小时、8 小时）。在年化费率相同的情况下，间隔越长，单次支付越少但金额越大。ORBIT 把所有交易所统一换算为年化费率，便于直接比较。
- LINK 的资金费率目前是正还是负？
- 各交易所正负不一，年化从 -19.42% 到 +11.87%——正是这种分歧创造了跨所套利机会。