After costs, if the gap returns to its 7d average, $10k−$42
spread now−0.155%7d average−0.049%fees + slippage, in and out−$31spread needed0.311%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack LINK_USDC_PERP | 13.011 | 0.0100 | pay 0.0013% / 1h | 32m 00s | $365K | $377K | 15x |
| Short | edgeX LINKUSDC | 12.991 | 0.0100 | get 0.0050% / 4h | 3h 32m | $43K | $313K | 20x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$15.47
- Funding while held
- $0
- Slippage, 4 orders
- −$12.14
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$46.61
- Spread needed to break even
- 0.311%
Slippage from Backpack: live order book, 13 min ago; edgeX: live order book, 12 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Backpack live order book, 13 min ago | 0.38 bp | 10.8 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 12 min ago | 2.30 bp | 6.8 bp −$7 | 10.5 bp −$105 | doesn't fit | doesn't fit |
LINK price on every exchange
against the cheapest. Click to use as the short leg.LINK on 39 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective LINK/USDC PERP | −4.696% | +0.0033% | 1h | $4K | $75K | 12x | as long as short |
| HTX LINK-USDT | −0.346% | −0.0067% | 8h | $637K | $1.0M | 75x | as long as short |
| BloFin LINK-USDT | −0.277% | +0.0153% | 8h | $5.2M | $13.1M | 75x | as long as short |
| Pacifica LINK | −0.254% | +0.0100% | 1h | $271K | $166K | 10x | as long as short |
| Paradex LINK-USD-PERP | −0.247% | +0.0045% | 8h | $31K | $2K | 20x | as long as short |
| Nado LINK-PERP | −0.246% | +0.0100% | 1h | $427K | $363K | 10x | as long as short |
| dYdX LINK-USD | −0.215% | 0.0000% | 1h | $344K | $60K | 10x | as long as short |
| Reya LINKRUSDPERP | −0.187% | +0.0359% | 1h | $4K | $400 | 20x | as long as short |
| Orderly PERP_LINK_USDC | −0.184% | +0.0093% | 8h | $152K | $1.7M | 20x | as long as short |
| Derive LINK-PERP | −0.182% | +0.0100% | 1h | $28K | $10K | 10x | as long as short |
Show all 39 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps LINK-USD | −0.177% | +0.0100% | 1h | $78K | $51K | 10x | as long as short |
| Aster LINKUSDT | −0.169% | +0.0100% | 8h | $1.4M | $2.4M | 50x | as long as short |
| Extended LINK-USD | −0.168% | +0.0024% | 1h | $677K | $1.8M | 25x | as long as short |
| SoDEX LINK-USD | −0.161% | −0.0058% | 1h | $8K | $38K | 10x | as long as short |
| Coinbase International LINK-PERP-INTX | −0.161% | +0.0072% | 1h | $993K | $2.7M | 50x | as long as short |
| edgeX LINKUSDCshort | −0.155% | +0.0100% | 4h | $43K | $313K | 20x | |
| Lighter LINK | −0.154% | +0.0096% | 1h | $1.9M | $2.0M | 10x | as long as short |
| OKX LINK-USDT-SWAP | −0.146% | +0.0003% | 8h | $27.4M | $91.2M | 50x | as long as short |
| Gate LINK_USDT | −0.146% | +0.0097% | 8h | $131.1M | $11.9M | 75x | as long as short |
| MEXC LINK_USDT | −0.146% | +0.0038% | 8h | $33.3M | $57.4M | 300x | as long as short |
| Bitget LINKUSDT | −0.146% | +0.0100% | 8h | $54.0M | $30.3M | 75x | as long as short |
| Aevo LINK-PERP | −0.142% | +0.0088% | 1h | $547K | $340 | 3x | as long as short |
| Bybit LINKUSDT | −0.138% | +0.0002% | 8h | $80.5M | $60.1M | 75x | as long as short |
| gTrade (Gains Network) LINK/USD | −0.135% | L +0.0004% / S −0.0007% | 1h | $177K | — | 150x | as long as short |
| SunX LINK-USDT | −0.133% | +0.0100% | 8h | $34K | $1.6M | 30x | as long as short |
| GMX LINK/USD [LINK-USDC] | −0.133% | L −0.0089% / S +0.0161% | 1h | $1.7M | — | 200x | as long as short |
| Kalshi KXLINKPERP | −0.131% | 0.0000% | 8h | $460K | $2.2M | 3.7x | as long as short |
| Arcus LINK-USD | −0.131% | +0.0100% | 1h | $183K | $193K | 10x | as long as short |
| Deribit LINK_USDC-PERPETUAL | −0.125% | 0.0000% | 1h | $694K | $85K | 50x | as long as short |
| Binance LINKUSDT | −0.123% | +0.0037% | 8h | $119.3M | $290.0M | 75x | as long as short |
| BingX LINK-USDC | −0.123% | +0.0100% | 8h | — | $6.6M | — | as long as short |
| KuCoin LINKUSDTM | −0.108% | +0.0100% | 8h | $21.4M | $17.3M | 75x | as long as short |
| Phoenix LINK | −0.088% | −0.0061% | 1h | $3K | $49K | 10x | as long as short |
| Kraken Futures PF_LINKUSD | −0.080% | −0.0386% | 1h | $6.1M | $6.8M | 50x | as long as short |
| Hyperliquid LINK | −0.069% | +0.0100% | 1h | $76.9M | $21.9M | 10x | as long as short |
| Variational Omni LINK | −0.038% | −0.0063% | 8h | $3.2M | $1.2M | — | as long as short |
| Phemex LINKUSDT | −0.015% | +0.0289% | 8h | $20.2M | $11.2M | 50x | as long as short |
| Backpack LINK_USDC_PERPlong | 0.000% | +0.0100% | 1h | $365K | $377K | 15x | |
| ApeX Omni LINKUSDT | +0.061% | +0.0100% | 1h | $132K | $655K | 50x | as long as short |
Backpack LINK_USDC_PERP
Injective
HTX
BloFin
Pacifica
Paradex
Derive
Polymarket Perps
Aster
Extended
SoDEX
Coinbase International
Lighter
OKX
Gate
MEXC
Bitget
Bybit
gTrade (Gains Network)
SunX
GMX
Deribit
Binance
BingX
KuCoin
Phoenix
Kraken Futures
Hyperliquid
Variational Omni
Phemex
ApeX Omni