After costs, if the gap returns to its 7d average, $10k−$8
spread now+0.187%7d average+0.011%fees + slippage, in and out−$25spread needed0.252%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX LINKUSDC | 12.999 | 0.0100 | pay 0.0050% / 4h | 12m 32s | $43K | $314K | 20x |
| Short | Binance LINKUSDT | 13.023 | 0.0039 | get 0.0039% / 8h | 12m 32s | $118.9M | $286.6M | 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
- $18.67
- Funding while held
- −$1.82
- Slippage, 4 orders
- −$6.16
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$8.31
- Spread needed to break even
- 0.252%
Slippage from edgeX: live order book, 37 min ago; Binance: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0061%
- Per $10,000 a day
- −$1.82
- 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 edgeX live order book, 37 min ago | 2.29 bp | 6.8 bp −$7 | 10.2 bp −$102 | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 0.38 bp | 5.6 bp −$6 | 11.0 bp −$110 | 39.2 bp −$3,917 | 124.9 bp −$62.4K |
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 | −4.606% | +0.0033% | 1h | $4K | $106K | 12x | as long as short |
| HTX LINK-USDT | −0.107% | +0.0100% | 8h | $645K | $1.0M | 75x | as long as short |
| Variational Omni LINK | −0.041% | −0.0046% | 8h | $3.2M | $1.2M | — | as long as short |
| edgeX LINKUSDClong | 0.000% | +0.0100% | 4h | $43K | $314K | 20x | |
| Phoenix LINK | +0.017% | −0.0062% | 1h | $3K | $47K | 10x | as long as short |
| ApeX Omni LINKUSDT | +0.017% | +0.0100% | 1h | $132K | $653K | 50x | as long as short |
| Nado LINK-PERP | +0.083% | +0.0100% | 1h | $430K | $365K | 10x | as long as short |
| Coinbase International LINK-PERP-INTX | +0.087% | +0.0088% | 1h | $998K | $2.7M | 50x | as long as short |
| Derive LINK-PERP | +0.109% | +0.0100% | 1h | $28K | $10K | 10x | as long as short |
| SoDEX LINK-USD | +0.110% | −0.0082% | 1h | $8K | $42K | 10x | as long as short |
Show all 39 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo LINK-PERP | +0.121% | +0.0088% | 1h | $547K | $340 | 3x | as long as short |
| BingX LINK-USDT | +0.133% | +0.0100% | 8h | — | $19.7M | — | as long as short |
| Extended LINK-USD | +0.135% | +0.0056% | 1h | $677K | $1.8M | 25x | as long as short |
| BloFin LINK-USDT | +0.140% | +0.0156% | 8h | $5.3M | $12.6M | 75x | as long as short |
| Paradex LINK-USD-PERP | +0.148% | +0.0014% | 8h | $32K | $2K | 20x | as long as short |
| Gate LINK_USDT | +0.148% | −0.0007% | 8h | $132.6M | $12.6M | 75x | as long as short |
| Bitget LINKUSDT | +0.148% | +0.0100% | 8h | $54.3M | $30.2M | 75x | as long as short |
| Deribit LINK_USDC-PERPETUAL | +0.154% | 0.0000% | 1h | $699K | $82K | 50x | as long as short |
| Lighter LINK | +0.155% | +0.0040% | 1h | $2.0M | $2.0M | 10x | as long as short |
| Bybit LINKUSDT | +0.156% | −0.0018% | 8h | $80.7M | $60.7M | 75x | as long as short |
| OKX LINK-USDT-SWAP | +0.156% | +0.0036% | 8h | $27.5M | $91.7M | 50x | as long as short |
| dYdX LINK-USD | +0.158% | 0.0000% | 1h | $345K | $60K | 10x | as long as short |
| Reya LINKRUSDPERP | +0.160% | +0.0357% | 1h | $4K | $400 | 20x | as long as short |
| GMX LINK/USD [LINK-USDC] | +0.164% | L −0.0087% / S +0.0158% | 1h | $1.7M | — | 200x | as long as short |
| Pacifica LINK | +0.171% | +0.0100% | 1h | $272K | $168K | 10x | as long as short |
| Orderly PERP_LINK_USDC | +0.171% | +0.0098% | 8h | $185K | $1.6M | 20x | as long as short |
| Kraken Futures PF_LINKUSD | +0.177% | −0.0173% | 1h | $6.1M | $6.7M | 50x | as long as short |
| Binance LINKUSDTshort | +0.187% | +0.0039% | 8h | $118.9M | $286.6M | 75x | |
| MEXC LINK_USDT | +0.187% | +0.0038% | 8h | $34.9M | $58.1M | 300x | as long as short |
| KuCoin LINKUSDTM | +0.187% | +0.0100% | 8h | $21.3M | $17.4M | 75x | as long as short |
| Aster LINKUSDT | +0.193% | +0.0100% | 8h | $1.5M | $2.2M | 50x | as long as short |
| Polymarket Perps LINK-USD | +0.194% | +0.0100% | 1h | $74K | $44K | 10x | as long as short |
| Kalshi KXLINKPERP | +0.207% | 0.0000% | 8h | $460K | $2.2M | 3.7x | as long as short |
| Backpack LINK_USDC_PERP | +0.225% | +0.0100% | 1h | $387K | $368K | 15x | as long as short |
| gTrade (Gains Network) LINK/USD | +0.227% | L +0.0004% / S −0.0007% | 1h | $177K | — | 150x | as long as short |
| Arcus LINK-USD | +0.248% | +0.0100% | 1h | $183K | $193K | 10x | as long as short |
| SunX LINK-USDT | +0.248% | +0.0100% | 8h | $33K | $1.6M | 30x | as long as short |
| Phemex LINKUSDT | +0.248% | +0.0338% | 8h | $20.3M | $11.3M | 50x | as long as short |
| Hyperliquid LINK | +0.256% | +0.0100% | 1h | $79.0M | $20.5M | 10x | as long as short |
Binance LINKUSDT
Injective
HTX
Variational Omni
Phoenix
ApeX Omni
Coinbase International
Derive
SoDEX
BingX
Extended
BloFin
Paradex
Gate
Bitget
Deribit
Lighter
Bybit
OKX
GMX
Pacifica
Kraken Futures
MEXC
KuCoin
Aster
Polymarket Perps
Backpack
gTrade (Gains Network)
SunX
Phemex
Hyperliquid