After costs, if the gap returns to its 7d average, $10k−$319
spread now−0.039%7d average+0.039%fees + slippage, in and out−$311spread needed3.108%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) LINK/USD | 12.984 | L +0.0004% / S −0.0008% | pay 0.0000% / 1h | 45m 30s | $192K | — | 150x |
| Short | ApeX Omni LINKUSDT | 12.979 | 0.0100 | get 0.0013% / 1h | 45m 30s | $131K | $655K | 50x |
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
- −$3.93
- Funding while held
- $2.89
- Slippage, 4 orders
- −$290.81
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$311.84
- Spread needed to break even
- 3.108%
Slippage from gTrade (Gains Network): virtual book (oracle venue), 55 min ago; ApeX Omni: live order book, 64 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0096%
- Per $10,000 a day
- +$2.89
- 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 gTrade (Gains Network) virtual book (oracle venue), 55 min ago | 130.03 bp | 141.1 bp −$141 | 963.5 bp −$9,635 | 10292.4 bp −$1.03M | doesn't fit |
| Sell ApeX Omni live order book, 64 min ago | 6.11 bp | 14.4 bp −$14 | 93.8 bp −$938 | 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 | −4.499% | +0.0033% | 1h | $4K | $75K | 12x | as long as short |
| Extended LINK-USD | −0.148% | +0.0040% | 1h | $674K | $1.8M | 25x | as long as short |
| Bitget LINKUSDT | −0.147% | +0.0100% | 8h | $54.0M | $30.0M | 75x | as long as short |
| HTX LINK-USDT | −0.142% | +0.0030% | 8h | $636K | $1.0M | 75x | as long as short |
| OKX LINK-USDT-SWAP | −0.139% | +0.0012% | 8h | $27.4M | $90.9M | 50x | as long as short |
| Bybit LINKUSDT | −0.132% | −0.0075% | 8h | $80.4M | $60.2M | 75x | as long as short |
| BingX LINK-USDT | −0.124% | +0.0100% | 8h | — | $19.6M | — | as long as short |
| Binance LINKUSDT | −0.116% | +0.0040% | 8h | $119.2M | $289.0M | 75x | as long as short |
| Reya LINKRUSDPERP | −0.114% | +0.0359% | 1h | $4K | $400 | 20x | as long as short |
| Gate LINK_USDT | −0.101% | −0.0032% | 8h | $132.1M | $11.8M | 75x | as long as short |
Show all 39 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado LINK-PERP | −0.089% | +0.0100% | 1h | $428K | $364K | 10x | as long as short |
| MEXC LINK_USDT | −0.085% | +0.0040% | 8h | $33.8M | $57.1M | 300x | as long as short |
| Paradex LINK-USD-PERP | −0.081% | +0.0041% | 8h | $31K | $2K | 20x | as long as short |
| Polymarket Perps LINK-USD | −0.078% | +0.0100% | 1h | $74K | $43K | 10x | as long as short |
| SoDEX LINK-USD | −0.078% | −0.0033% | 1h | $8K | $40K | 10x | as long as short |
| Derive LINK-PERP | −0.070% | +0.0100% | 1h | $28K | $10K | 10x | as long as short |
| Lighter LINK | −0.069% | +0.0096% | 1h | $1.9M | $2.0M | 10x | as long as short |
| Pacifica LINK | −0.067% | +0.0100% | 1h | $271K | $167K | 10x | as long as short |
| KuCoin LINKUSDTM | −0.055% | +0.0100% | 8h | $21.3M | $17.5M | 75x | as long as short |
| Orderly PERP_LINK_USDC | −0.055% | +0.0096% | 8h | $167K | $1.7M | 20x | as long as short |
| ApeX Omni LINKUSDTshort | −0.039% | +0.0100% | 1h | $131K | $655K | 50x | |
| Variational Omni LINK | −0.039% | −0.0063% | 8h | $3.2M | $1.2M | — | as long as short |
| Kraken Futures PF_LINKUSD | −0.034% | −0.0387% | 1h | $6.0M | $6.8M | 50x | as long as short |
| dYdX LINK-USD | −0.032% | 0.0000% | 1h | $344K | $60K | 10x | as long as short |
| edgeX LINKUSDC | −0.023% | +0.0100% | 4h | $43K | $314K | 20x | as long as short |
| Aevo LINK-PERP | −0.022% | +0.0088% | 1h | $546K | $340 | 3x | as long as short |
| Aster LINKUSDT | −0.016% | +0.0100% | 8h | $1.4M | $2.4M | 50x | as long as short |
| BloFin LINK-USDT | −0.016% | +0.0158% | 8h | $5.2M | $13.1M | 75x | as long as short |
| Deribit LINK_USDC-PERPETUAL | −0.002% | 0.0000% | 1h | $695K | $84K | 50x | as long as short |
| GMX LINK/USD [LINK-USDC] | 0.000% | L −0.0089% / S +0.0160% | 1h | $1.7M | — | 200x | as long as short |
| gTrade (Gains Network) LINK/USDlong | 0.000% | L +0.0004% / S −0.0008% | 1h | $192K | — | 150x | |
| Hyperliquid LINK | +0.007% | +0.0100% | 1h | $78.7M | $20.5M | 10x | as long as short |
| Backpack LINK_USDC_PERP | +0.007% | +0.0100% | 1h | $363K | $375K | 15x | as long as short |
| Arcus LINK-USD | +0.015% | +0.0100% | 1h | $183K | $193K | 10x | as long as short |
| Coinbase International LINK-PERP-INTX | +0.015% | +0.0072% | 1h | $991K | $2.7M | 50x | as long as short |
| SunX LINK-USDT | +0.052% | +0.0100% | 8h | $33K | $1.6M | 30x | as long as short |
| Phemex LINKUSDT | +0.061% | +0.0311% | 8h | $20.2M | $11.2M | 50x | as long as short |
| Kalshi KXLINKPERP | +0.119% | 0.0000% | 8h | $459K | $2.2M | 3.7x | as long as short |
| Phoenix LINK | +0.139% | −0.0061% | 1h | $3K | $49K | 10x | as long as short |
gTrade (Gains Network) LINK/USD
ApeX Omni LINKUSDT
Injective
Extended
Bitget
HTX
OKX
Bybit
BingX
Binance
Gate
MEXC
Paradex
Polymarket Perps
SoDEX
Derive
Lighter
Pacifica
KuCoin
Variational Omni
Kraken Futures
Aster
BloFin
Deribit
GMX
Hyperliquid
Backpack
Coinbase International
SunX
Phemex
Phoenix