data as of
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Price arb /

LINK

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Spread before costs (cost unknown: a leg has no order-book sample)+0.029%
7d average+0.097%if it closes, per $10,000$3funding while held, a day+$3.00
Long on DeribitShort on SunX
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit LINK_USDC-PERPETUAL12.9160get 0.0000% / 1h18m 43s$690K$85K50x
ShortSunX LINK-USDT12.9200.0100get 0.0100% / 8h7h 18m$33K$1.6M30x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$2.86
Funding while held
$3
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee SunX: 5 bp × 2 orders
−$10
Net
−$11.14
Spread needed to break even
0.170%
Slippage unknown: Deribit: live order book, 27 min ago; SunX: live order book, 2 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
+0.0100%
Per $10,000 a day
+$3.00
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Deribit live order book, 27 min ago3.85 bp9.6 bp −$1016.3 bp −$163doesn't fitdoesn't fit
Sell SunX live order book, 2 min ago500.07 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

LINK price on every exchange

against the cheapest. Click to use as the short leg.
Injective12.400cheapestHTX12.848+3.612%Derive12.905+4.070%Orderly12.906+4.081%SoDEX12.906+4.081%BloFin12.908+4.097%Coinbase International12.910+4.113%Aevo12.911+4.121%Reya12.913+4.141%gTrade (Gains Network)12.914+4.144%Kraken Futures12.915+4.152%GMX12.915+4.155%Nado12.916+4.161%
Deribit12.916+4.162%
Polymarket Perps12.918+4.177%
SunX12.920+4.192%
Kalshi12.922+4.213%Aster12.925+4.237%Phemex12.927+4.250%Backpack12.930+4.274%Lighter12.930+4.276%OKX12.931+4.282%Gate12.931+4.282%KuCoin12.931+4.282%BingX12.931+4.282%Extended12.931+4.283%Bybit12.932+4.290%Bitget12.932+4.290%Pacifica12.933+4.298%Paradex12.934+4.304%Hyperliquid12.938+4.339%Binance12.938+4.339%MEXC12.938+4.339%dYdX12.944+4.389%Arcus12.946+4.403%Phoenix12.947+4.410%ApeX Omni12.953+4.460%Variational Omni12.954+4.467%edgeX12.967+4.575%

LINK on 39 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective LINK/USDC PERP−3.996%+0.0033%1h$4K$75K12xas long as short
HTX LINK-USDT−0.528%−0.0047%8h$631K$977K75xas long as short
Derive LINK-PERP−0.089%+0.0100%1h$28K$10K10xas long as short
Orderly PERP_LINK_USDC−0.078%+0.0078%8h$142K$1.7M20xas long as short
SoDEX LINK-USD−0.078%−0.0131%1h$8K$38K10xas long as short
BloFin LINK-USDT−0.063%+0.0110%8h$5.2M$13.0M75xas long as short
Coinbase International LINK-PERP-INTX−0.047%+0.0072%1h$998K$2.6M50xas long as short
Aevo LINK-PERP−0.039%+0.0088%1h$543K$3403xas long as short
Reya LINKRUSDPERP−0.021%+0.0360%1h$4K$40020xas long as short
gTrade (Gains Network) LINK/USD−0.018%L +0.0004% / S −0.0008%1h$189K—150xas long as short
Show all 39 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_LINKUSD−0.010%−0.0389%1h$6.0M$6.8M50xas long as short
GMX LINK/USD [LINK-USDC]−0.007%L −0.0089% / S +0.0161%1h$1.7M—200xas long as short
Nado LINK-PERP−0.001%+0.0100%1h$425K$350K10xas long as short
Deribit LINK_USDC-PERPETUALlong0.000%0.0000%1h$690K$85K50x
Polymarket Perps LINK-USD+0.015%+0.0100%1h$78K$51K10xas long as short
SunX LINK-USDTshort+0.029%+0.0100%8h$33K$1.6M30x
Kalshi KXLINKPERP+0.049%0.0000%8h$456K$2.2M3.7xas long as short
Aster LINKUSDT+0.072%+0.0100%8h$1.4M$2.4M50xas long as short
Phemex LINKUSDT+0.084%+0.0614%8h$20.1M$11.2M50xas long as short
Backpack LINK_USDC_PERP+0.108%+0.0100%1h$361K$369K15xas long as short
Lighter LINK+0.110%+0.0096%1h$1.9M$2.0M10xas long as short
OKX LINK-USDT-SWAP+0.115%−0.0012%8h$27.0M$90.9M50xas long as short
Gate LINK_USDT+0.115%+0.0037%8h$130.5M$12.0M75xas long as short
KuCoin LINKUSDTM+0.115%+0.0100%8h$21.3M$17.1M75xas long as short
BingX LINK-USDC+0.115%+0.0100%8h—$6.6M—as long as short
Extended LINK-USD+0.116%−0.0056%1h$672K$1.8M25xas long as short
Bybit LINKUSDT+0.123%−0.0019%8h$80.1M$59.5M75xas long as short
Bitget LINKUSDT+0.123%+0.0100%8h$53.7M$30.0M75xas long as short
Pacifica LINK+0.131%+0.0100%1h$270K$165K10xas long as short
Paradex LINK-USD-PERP+0.136%+0.0040%8h$31K$2K20xas long as short
Hyperliquid LINK+0.170%+0.0100%1h$76.3M$22.0M10xas long as short
Binance LINKUSDT+0.170%+0.0025%8h$118.5M$289.2M75xas long as short
MEXC LINK_USDT+0.170%+0.0027%8h$32.8M$57.8M300xas long as short
dYdX LINK-USD+0.218%+0.0030%1h$343K$60K10xas long as short
Arcus LINK-USD+0.231%+0.0100%1h$182K$192K10xas long as short
Phoenix LINK+0.238%−0.0061%1h$3K$49K10xas long as short
ApeX Omni LINKUSDT+0.286%+0.0100%1h$131K$655K50xas long as short
Variational Omni LINK+0.293%−0.0064%8h$3.2M$1.2M—as long as short
edgeX LINKUSDC+0.396%+0.0100%4h$43K$310K20xas long as short