After costs, if the gap returns to its 7d average, $10k−$32
spread now−0.066%7d average−0.006%fees + slippage, in and out−$26spread needed0.260%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LINKUSDT | 12.877 | 0.0050 | pay 0.0050% / 8h | 5h 34m | $116.6M | $288.3M | 75x |
| Short | Nado LINK-PERP | 12.868 | 0.0100 | get 0.0012% / 1h | 34m 08s | $423K | $282K | 10x |
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
- −$6.6
- Funding while held
- $1.5
- Slippage, 4 orders
- −$9.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$31.12
- Spread needed to break even
- 0.260%
Slippage from Binance: live order book, 11 min ago; Nado: live order book, 65 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0050%
- Per $10,000 a day
- +$1.50
- 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 Binance live order book, 11 min ago | 0.39 bp | 6.7 bp −$7 | 9.7 bp −$97 | 27.8 bp −$2,781 | 97.8 bp −$48.9K |
| Sell Nado live order book, 65 min ago | 0.39 bp | 7.3 bp −$7 | 17.9 bp −$179 | 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 | −3.701% | +0.0033% | 1h | $4K | $48K | 12x | as long as short |
| BloFin LINK-USDT | −0.128% | +0.0170% | 8h | $5.2M | $13.8M | 75x | as long as short |
| HTX LINK-USDT | −0.075% | +0.0090% | 8h | $624K | $925K | 75x | as long as short |
| Nado LINK-PERPshort | −0.066% | +0.0100% | 1h | $423K | $282K | 10x | |
| BingX LINK-USDT | −0.066% | +0.0089% | 8h | — | $24.7M | — | as long as short |
| OKX LINK-USDT-SWAP | −0.050% | −0.0020% | 8h | $26.8M | $82.9M | 50x | as long as short |
| Extended LINK-USD | −0.043% | +0.0104% | 1h | $632K | $1.9M | 25x | as long as short |
| Bybit LINKUSDT | −0.043% | −0.0164% | 8h | $82.2M | $64.2M | 75x | as long as short |
| Gate LINK_USDT | −0.019% | +0.0086% | 8h | $129.4M | $12.2M | 75x | as long as short |
| Derive LINK-PERP | −0.019% | +0.0100% | 1h | $24K | $13K | 10x | as long as short |
Show all 39 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex LINK-USD-PERP | −0.015% | +0.0090% | 8h | $31K | $2K | 20x | as long as short |
| Pacifica LINK | −0.012% | +0.0100% | 1h | $272K | $167K | 10x | as long as short |
| MEXC LINK_USDT | −0.012% | +0.0050% | 8h | $33.0M | $55.9M | 300x | as long as short |
| Bitget LINKUSDT | −0.012% | +0.0090% | 8h | $53.8M | $29.5M | 75x | as long as short |
| SoDEX LINK-USD | −0.012% | +0.0100% | 1h | $4K | $39K | 10x | as long as short |
| dYdX LINK-USD | 0.000% | 0.0000% | 1h | $341K | $60K | 10x | as long as short |
| Binance LINKUSDTlong | 0.000% | +0.0050% | 8h | $116.6M | $288.3M | 75x | |
| Variational Omni LINK | +0.003% | −0.0125% | 8h | $3.2M | $1.2M | — | as long as short |
| KuCoin LINKUSDTM | +0.004% | +0.0100% | 8h | $21.3M | $16.4M | 75x | as long as short |
| Aster LINKUSDT | +0.020% | +0.0100% | 8h | $1.4M | $2.4M | 50x | as long as short |
| Lighter LINK | +0.025% | +0.0096% | 1h | $2.0M | $2.3M | 10x | as long as short |
| Aevo LINK-PERP | +0.025% | +0.0096% | 1h | $542K | $340 | 3x | as long as short |
| Hyperliquid LINK | +0.027% | +0.0100% | 1h | $75.2M | $22.2M | 10x | as long as short |
| Reya LINKRUSDPERP | +0.036% | +0.0365% | 1h | $4K | $200 | 20x | as long as short |
| GMX LINK/USD [LINK-USDC] | +0.040% | L −0.0091% / S +0.0165% | 1h | $1.7M | — | 200x | as long as short |
| gTrade (Gains Network) LINK/USD | +0.043% | L +0.0003% / S −0.0002% | 1h | $77K | — | 150x | as long as short |
| Orderly PERP_LINK_USDC | +0.043% | +0.0070% | 8h | $145K | $1.7M | 20x | as long as short |
| Deribit LINK_USDC-PERPETUAL | +0.044% | 0.0000% | 1h | $684K | $106K | 50x | as long as short |
| Kraken Futures PF_LINKUSD | +0.045% | −0.0167% | 1h | $6.0M | $6.3M | 50x | as long as short |
| Polymarket Perps LINK-USD | +0.058% | +0.0100% | 1h | $77K | $56K | 10x | as long as short |
| Kalshi KXLINKPERP | +0.060% | 0.0000% | 8h | $467K | $2.3M | 3.7x | as long as short |
| Coinbase International LINK-PERP-INTX | +0.066% | +0.0008% | 1h | $991K | $2.6M | 50x | as long as short |
| Arcus LINK-USD | +0.074% | +0.0100% | 1h | $180K | $126K | 10x | as long as short |
| Backpack LINK_USDC_PERP | +0.089% | +0.0100% | 1h | $350K | $370K | 15x | as long as short |
| SunX LINK-USDT | +0.093% | +0.0100% | 8h | $33K | $1.5M | 30x | as long as short |
| Phemex LINKUSDT | +0.128% | +0.0427% | 8h | $20.1M | $11.2M | 50x | as long as short |
| Phoenix LINK | +0.151% | −0.0012% | 1h | $3K | $68K | 10x | as long as short |
| edgeX LINKUSDC | +0.164% | +0.0100% | 4h | $43K | $307K | 20x | as long as short |
| ApeX Omni LINKUSDT | +0.190% | +0.0100% | 1h | $130K | $651K | 50x | as long as short |
Binance LINKUSDT
Injective
BloFin
HTX
BingX
OKX
Extended
Bybit
Gate
Derive
Paradex
Pacifica
MEXC
Bitget
SoDEX
Variational Omni
KuCoin
Aster
Lighter
Hyperliquid
GMX
gTrade (Gains Network)
Deribit
Kraken Futures
Polymarket Perps
Coinbase International
Backpack
SunX
Phemex
Phoenix
ApeX Omni