After costs, if the gap returns to its 7d average, $10k−$53
spread now+0.023%7d average−0.027%fees + slippage, in and out−$58spread needed0.584%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International LINK-PERP-INTX | 12.990 | 0.0072 | pay 0.0009% / 1h | 31m 46s | $993K | $2.7M | 50x |
| Short | Gate LINK_USDT | 12.993 | 0.0100 | get 0.0100% / 8h | 7h 31m | $131.1M | $11.9M | 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
- $2.31
- Funding while held
- $0.84
- Slippage, 4 orders
- −$33.38
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$55.23
- Spread needed to break even
- 0.584%
Slippage from Coinbase International: live order book, 3 min ago; Gate: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0028%
- Per $10,000 a day
- +$0.84
- 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 Coinbase International live order book, 3 min ago | 2.69 bp | 11.7 bp −$12 | 15.3 bp −$153 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 1.54 bp | 17.1 bp −$17 | 27.4 bp −$274 | 36.2 bp −$3,620 | 91.1 bp −$45.5K |
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 | −4.542% | +0.0033% | 1h | $4K | $75K | 12x | as long as short |
| HTX LINK-USDT | −0.185% | −0.0067% | 8h | $637K | $1.0M | 75x | as long as short |
| BloFin LINK-USDT | −0.115% | +0.0153% | 8h | $5.2M | $13.1M | 75x | as long as short |
| Pacifica LINK | −0.092% | +0.0100% | 1h | $271K | $166K | 10x | as long as short |
| Paradex LINK-USD-PERP | −0.086% | +0.0045% | 8h | $31K | $2K | 20x | as long as short |
| Nado LINK-PERP | −0.085% | +0.0100% | 1h | $427K | $363K | 10x | as long as short |
| dYdX LINK-USD | −0.054% | 0.0000% | 1h | $344K | $60K | 10x | as long as short |
| Reya LINKRUSDPERP | −0.025% | +0.0359% | 1h | $4K | $400 | 20x | as long as short |
| Orderly PERP_LINK_USDC | −0.023% | +0.0093% | 8h | $152K | $1.7M | 20x | as long as short |
| Derive LINK-PERP | −0.020% | +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 | −0.015% | +0.0100% | 1h | $78K | $51K | 10x | as long as short |
| SoDEX LINK-USD | 0.000% | −0.0058% | 1h | $8K | $38K | 10x | as long as short |
| Coinbase International LINK-PERP-INTXlong | 0.000% | +0.0072% | 1h | $993K | $2.7M | 50x | |
| edgeX LINKUSDC | +0.007% | +0.0100% | 4h | $43K | $313K | 20x | as long as short |
| Lighter LINK | +0.008% | +0.0096% | 1h | $1.9M | $2.0M | 10x | as long as short |
| Aevo LINK-PERP | +0.019% | +0.0088% | 1h | $547K | $340 | 3x | as long as short |
| Gate LINK_USDTshort | +0.023% | +0.0100% | 8h | $131.1M | $11.9M | 75x | |
| Aster LINKUSDT | +0.025% | +0.0100% | 8h | $1.4M | $2.4M | 50x | as long as short |
| gTrade (Gains Network) LINK/USD | +0.026% | L +0.0004% / S −0.0007% | 1h | $177K | — | 150x | as long as short |
| SunX LINK-USDT | +0.028% | +0.0100% | 8h | $34K | $1.6M | 30x | as long as short |
| GMX LINK/USD [LINK-USDC] | +0.029% | L −0.0089% / S +0.0161% | 1h | $1.7M | — | 200x | as long as short |
| Kalshi KXLINKPERP | +0.030% | 0.0000% | 8h | $460K | $2.2M | 3.7x | as long as short |
| Arcus LINK-USD | +0.031% | +0.0100% | 1h | $183K | $193K | 10x | as long as short |
| Extended LINK-USD | +0.036% | +0.0024% | 1h | $677K | $1.8M | 25x | as long as short |
| Deribit LINK_USDC-PERPETUAL | +0.036% | 0.0000% | 1h | $694K | $85K | 50x | as long as short |
| MEXC LINK_USDT | +0.038% | +0.0038% | 8h | $33.3M | $57.4M | 300x | as long as short |
| BingX LINK-USDT | +0.038% | +0.0100% | 8h | — | $19.6M | — | as long as short |
| KuCoin LINKUSDTM | +0.046% | +0.0100% | 8h | $21.4M | $17.3M | 75x | as long as short |
| OKX LINK-USDT-SWAP | +0.069% | +0.0003% | 8h | $27.4M | $91.2M | 50x | as long as short |
| Phoenix LINK | +0.074% | −0.0061% | 1h | $3K | $49K | 10x | as long as short |
| Bybit LINKUSDT | +0.077% | +0.0002% | 8h | $80.5M | $60.1M | 75x | as long as short |
| Kraken Futures PF_LINKUSD | +0.081% | −0.0386% | 1h | $6.1M | $6.8M | 50x | as long as short |
| Binance LINKUSDT | +0.085% | +0.0037% | 8h | $119.3M | $290.0M | 75x | as long as short |
| Bitget LINKUSDT | +0.085% | +0.0100% | 8h | $54.1M | $30.3M | 75x | as long as short |
| Variational Omni LINK | +0.124% | −0.0063% | 8h | $3.2M | $1.2M | — | as long as short |
| Hyperliquid LINK | +0.139% | +0.0100% | 1h | $76.9M | $21.9M | 10x | as long as short |
| Phemex LINKUSDT | +0.146% | +0.0289% | 8h | $20.2M | $11.2M | 50x | as long as short |
| Backpack LINK_USDC_PERP | +0.162% | +0.0100% | 1h | $365K | $377K | 15x | as long as short |
| ApeX Omni LINKUSDT | +0.223% | +0.0100% | 1h | $132K | $655K | 50x | as long as short |
Coinbase International LINK-PERP-INTX
Gate LINK_USDT
Injective
HTX
BloFin
Pacifica
Paradex
Derive
Polymarket Perps
SoDEX
Lighter
Aster
gTrade (Gains Network)
SunX
GMX
Extended
Deribit
MEXC
BingX
KuCoin
OKX
Phoenix
Bybit
Kraken Futures
Binance
Bitget
Variational Omni
Hyperliquid
Phemex
Backpack
ApeX Omni