After costs, if the gap returns to its 7d average, $10k−$30
spread now−0.023%7d average—fees + slippage, in and out−$27spread needed0.274%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LINK-USDT | 12.870 | 0.0087 | pay 0.0087% / 8h | 6h 33m | — | $19.8M | — |
| Short | BloFin LINK-USDT | 12.867 | 0.0083 | get 0.0083% / 8h | 6h 33m | $5.2M | $13.0M | 75x |
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
- −$2.33
- Funding while held
- −$0.12
- Slippage, 4 orders
- −$5.36
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$29.81
- Spread needed to break even
- 0.274%
Slippage from BingX: live order book, 11 min ago; BloFin: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.12
- 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 BingX live order book, 11 min ago | 1.16 bp | 6.2 bp −$6 | 7.5 bp −$75 | 19.0 bp −$1,904 | 42.9 bp −$21.5K |
| Sell BloFin live order book, 6 min ago | 0.39 bp | 8.6 bp −$9 | 15.5 bp −$155 | 34.6 bp −$3,456 | 72.3 bp −$36.1K |
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 | −3.652% | +0.0033% | 1h | $4K | $48K | 12x | as long as short |
| Variational Omni LINK | −0.470% | −0.0090% | 8h | $3.2M | $1.2M | — | as long as short |
| Phoenix LINK | −0.205% | −0.0080% | 1h | $3K | $46K | 10x | as long as short |
| HTX LINK-USDT | −0.090% | +0.0066% | 8h | $622K | $975K | 75x | as long as short |
| Gate LINK_USDT | −0.078% | +0.0027% | 8h | $129.8M | $11.7M | 75x | as long as short |
| Bitget LINKUSDT | −0.078% | +0.0088% | 8h | $53.6M | $29.1M | 75x | as long as short |
| ApeX Omni LINKUSDT | −0.070% | +0.0100% | 1h | $130K | $650K | 50x | as long as short |
| edgeX LINKUSDC | −0.067% | +0.0100% | 4h | $43K | $307K | 20x | as long as short |
| Nado LINK-PERP | −0.066% | +0.0100% | 1h | $424K | $302K | 10x | as long as short |
| Derive LINK-PERP | −0.052% | +0.0100% | 1h | $27K | $10K | 10x | as long as short |
Show all 39 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended LINK-USD | −0.044% | +0.0008% | 1h | $666K | $1.8M | 25x | as long as short |
| KuCoin LINKUSDTM | −0.039% | +0.0100% | 8h | $21.0M | $16.6M | 75x | as long as short |
| Reya LINKRUSDPERP | −0.036% | +0.0362% | 1h | $4K | $400 | 20x | as long as short |
| SoDEX LINK-USD | −0.031% | +0.0058% | 1h | $8K | $36K | 10x | as long as short |
| Pacifica LINK | −0.028% | +0.0100% | 1h | $270K | $162K | 10x | as long as short |
| Bybit LINKUSDT | −0.023% | −0.0123% | 8h | $81.7M | $61.5M | 75x | as long as short |
| BloFin LINK-USDTshort | −0.023% | +0.0083% | 8h | $5.2M | $13.0M | 75x | |
| Aster LINKUSDT | −0.016% | +0.0100% | 8h | $1.4M | $2.4M | 50x | as long as short |
| Hyperliquid LINK | −0.016% | +0.0100% | 1h | $75.5M | $21.9M | 10x | as long as short |
| Lighter LINK | −0.013% | +0.0096% | 1h | $2.0M | $2.4M | 10x | as long as short |
| Paradex LINK-USD-PERP | −0.005% | +0.0062% | 8h | $31K | $2K | 20x | as long as short |
| GMX LINK/USD [LINK-USDC] | −0.001% | L −0.0093% / S +0.0164% | 1h | $1.7M | — | 200x | as long as short |
| MEXC LINK_USDT | 0.000% | +0.0020% | 8h | $31.1M | $56.7M | 300x | as long as short |
| BingX LINK-USDTlong | 0.000% | +0.0087% | 8h | — | $19.8M | — | |
| Orderly PERP_LINK_USDC | 0.000% | +0.0070% | 8h | $138K | $1.7M | 20x | as long as short |
| Aevo LINK-PERP | 0.000% | +0.0088% | 1h | $541K | $340 | 3x | as long as short |
| dYdX LINK-USD | +0.005% | 0.0000% | 1h | $341K | $60K | 10x | as long as short |
| OKX LINK-USDT-SWAP | +0.008% | −0.0043% | 8h | $26.8M | $85.6M | 50x | as long as short |
| gTrade (Gains Network) LINK/USD | +0.014% | L +0.0004% / S −0.0007% | 1h | $174K | — | 150x | as long as short |
| Polymarket Perps LINK-USD | +0.016% | +0.0100% | 1h | $77K | $55K | 10x | as long as short |
| Deribit LINK_USDC-PERPETUAL | +0.029% | 0.0000% | 1h | $684K | $105K | 50x | as long as short |
| Binance LINKUSDT | +0.031% | +0.0023% | 8h | $117.9M | $285.3M | 75x | as long as short |
| Backpack LINK_USDC_PERP | +0.031% | +0.0100% | 1h | $350K | $378K | 15x | as long as short |
| Coinbase International LINK-PERP-INTX | +0.031% | +0.0072% | 1h | $986K | $2.6M | 50x | as long as short |
| Kraken Futures PF_LINKUSD | +0.037% | −0.0329% | 1h | $6.0M | $6.6M | 50x | as long as short |
| Kalshi KXLINKPERP | +0.071% | 0.0000% | 8h | $459K | $2.2M | 3.7x | as long as short |
| SunX LINK-USDT | +0.077% | +0.0100% | 8h | $33K | $1.5M | 30x | as long as short |
| Arcus LINK-USD | +0.085% | +0.0100% | 1h | $181K | $186K | 10x | as long as short |
| Phemex LINKUSDT | +0.085% | +0.0402% | 8h | $20.1M | $11.3M | 50x | as long as short |
BingX LINK-USDT
BloFin LINK-USDT
Injective
Variational Omni
Phoenix
HTX
Gate
Bitget
ApeX Omni
Derive
Extended
KuCoin
SoDEX
Pacifica
Bybit
Aster
Hyperliquid
Lighter
Paradex
GMX
MEXC
OKX
gTrade (Gains Network)
Polymarket Perps
Deribit
Binance
Backpack
Coinbase International
Kraken Futures
SunX
Phemex