After costs, if the gap returns to its 7d average, $10k−$5
spread now+0.194%7d average—fees + slippage, in and out−$24spread needed0.243%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LINK-USDT | 12.857 | 0.0088 | pay 0.0088% / 8h | 6h 38m | — | $19.8M | — |
| Short | Extended LINK-USD | 12.882 | −0.0040 | pay 0.0005% / 1h | 38m 15s | $667K | $1.8M | 25x |
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
- $19.39
- Funding while held
- −$3.84
- Slippage, 4 orders
- −$9.3
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$8.75
- Spread needed to break even
- 0.243%
Slippage from BingX: live order book, 7 min ago; Extended: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0128%
- Per $10,000 a day
- −$3.84
- 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, 7 min ago | 1.16 bp | 6.2 bp −$6 | 7.5 bp −$75 | 19.0 bp −$1,904 | 42.9 bp −$21.5K |
| Sell Extended live order book, 2 min ago | 3.12 bp | 5.6 bp −$6 | 7.0 bp −$70 | 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 | −3.554% | +0.0033% | 1h | $4K | $48K | 12x | as long as short |
| Phoenix LINK | −0.350% | −0.0080% | 1h | $3K | $46K | 10x | as long as short |
| HTX LINK-USDT | −0.229% | +0.0041% | 8h | $621K | $1.0M | 75x | as long as short |
| Bybit LINKUSDT | −0.062% | −0.0142% | 8h | $80.8M | $61.0M | 75x | as long as short |
| OKX LINK-USDT-SWAP | −0.031% | −0.0044% | 8h | $26.8M | $85.6M | 50x | as long as short |
| Binance LINKUSDT | −0.009% | +0.0019% | 8h | $117.5M | $286.3M | 75x | as long as short |
| MEXC LINK_USDT | −0.008% | +0.0017% | 8h | $31.8M | $56.5M | 300x | as long as short |
| Bitget LINKUSDT | −0.008% | +0.0087% | 8h | $53.5M | $29.2M | 75x | as long as short |
| SoDEX LINK-USD | −0.008% | +0.0015% | 1h | $8K | $36K | 10x | as long as short |
| BingX LINK-USDTlong | 0.000% | +0.0088% | 8h | — | $19.8M | — |
Show all 39 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter LINK | +0.005% | +0.0096% | 1h | $2.1M | $2.3M | 10x | as long as short |
| Kraken Futures PF_LINKUSD | +0.005% | −0.0329% | 1h | $6.0M | $6.6M | 50x | as long as short |
| Variational Omni LINK | +0.017% | −0.0085% | 8h | $3.2M | $1.2M | — | as long as short |
| edgeX LINKUSDC | +0.021% | +0.0100% | 4h | $43K | $306K | 20x | as long as short |
| Coinbase International LINK-PERP-INTX | +0.031% | +0.0072% | 1h | $989K | $2.6M | 50x | as long as short |
| Gate LINK_USDT | +0.039% | −0.0015% | 8h | $130.0M | $11.6M | 75x | as long as short |
| Backpack LINK_USDC_PERP | +0.062% | +0.0100% | 1h | $350K | $378K | 15x | as long as short |
| Hyperliquid LINK | +0.070% | +0.0100% | 1h | $75.6M | $21.8M | 10x | as long as short |
| BloFin LINK-USDT | +0.078% | +0.0072% | 8h | $5.2M | $13.0M | 75x | as long as short |
| Phemex LINKUSDT | +0.109% | +0.0299% | 8h | $20.0M | $11.3M | 50x | as long as short |
| Reya LINKRUSDPERP | +0.158% | +0.0362% | 1h | $4K | $400 | 20x | as long as short |
| Aster LINKUSDT | +0.170% | +0.0100% | 8h | $1.4M | $2.4M | 50x | as long as short |
| ApeX Omni LINKUSDT | +0.179% | +0.0100% | 1h | $130K | $650K | 50x | as long as short |
| Derive LINK-PERP | +0.191% | +0.0100% | 1h | $27K | $10K | 10x | as long as short |
| Extended LINK-USDshort | +0.194% | −0.0040% | 1h | $667K | $1.8M | 25x | |
| GMX LINK/USD [LINK-USDC] | +0.222% | L −0.0092% / S +0.0163% | 1h | $1.7M | — | 200x | as long as short |
| KuCoin LINKUSDTM | +0.233% | +0.0100% | 8h | $21.1M | $16.7M | 75x | as long as short |
| Nado LINK-PERP | +0.241% | +0.0100% | 1h | $423K | $332K | 10x | as long as short |
| Polymarket Perps LINK-USD | +0.241% | +0.0100% | 1h | $77K | $54K | 10x | as long as short |
| Kalshi KXLINKPERP | +0.244% | 0.0000% | 8h | $455K | $2.2M | 3.7x | as long as short |
| gTrade (Gains Network) LINK/USD | +0.245% | L +0.0004% / S −0.0007% | 1h | $176K | — | 150x | as long as short |
| Orderly PERP_LINK_USDC | +0.257% | +0.0070% | 8h | $138K | $1.7M | 20x | as long as short |
| Aevo LINK-PERP | +0.257% | +0.0088% | 1h | $542K | $340 | 3x | as long as short |
| Deribit LINK_USDC-PERPETUAL | +0.261% | 0.0000% | 1h | $689K | $104K | 50x | as long as short |
| Pacifica LINK | +0.267% | +0.0100% | 1h | $271K | $162K | 10x | as long as short |
| Paradex LINK-USD-PERP | +0.308% | +0.0059% | 8h | $31K | $2K | 20x | as long as short |
| dYdX LINK-USD | +0.319% | 0.0000% | 1h | $342K | $60K | 10x | as long as short |
| SunX LINK-USDT | +0.334% | +0.0100% | 8h | $33K | $1.5M | 30x | as long as short |
| Arcus LINK-USD | +0.358% | +0.0100% | 1h | $181K | $186K | 10x | as long as short |
BingX LINK-USDT
Extended LINK-USD
Injective
Phoenix
HTX
Bybit
OKX
Binance
MEXC
Bitget
SoDEX
Lighter
Kraken Futures
Variational Omni
Coinbase International
Gate
Backpack
Hyperliquid
BloFin
Phemex
Aster
ApeX Omni
Derive
GMX
KuCoin
Polymarket Perps
gTrade (Gains Network)
Deribit
Pacifica
Paradex
SunX