data as of
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Price arb /

LINK

all LINK markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Spread before costs (cost unknown: a leg has no order-book sample)+0.001%
7d average−0.021%if it closes, per $10,000$0funding while held, a day+$5.42
Long on GMXShort on Aevo
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX LINK/USD [LINK-USDC]12.872L −0.0093% / S +0.0164%get 0.0012% / 1h31m 39s$1.7M—200x
ShortAevo LINK-PERP12.8730.0088get 0.0011% / 1h31m 39s$542K$3403x

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
$0.13
Funding while held
$5.42
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$22.45
Spread needed to break even
0.280%
Slippage unknown: GMX: no order-book sample; Aevo: live order book, 9 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
+0.0181%
Per $10,000 a day
+$5.42
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 GMX no order-book sample—————
Sell Aevo live order book, 9 min ago31.62 bp49.0 bp −$49267.0 bp −$2,670doesn't fitdoesn't fit
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

LINK price on every exchange

against the cheapest. Click to use as the short leg.
Injective12.400cheapestVariational Omni12.809+3.302%Phoenix12.844+3.577%HTX12.852+3.649%Reya12.856+3.679%Polymarket Perps12.858+3.694%Coinbase International12.860+3.710%ApeX Omni12.862+3.726%Derive12.865+3.752%Bybit12.867+3.766%OKX12.868+3.774%SoDEX12.870+3.790%Nado12.871+3.802%Orderly12.872+3.806%
GMX12.872+3.809%
Aevo12.873+3.810%
gTrade (Gains Network)12.873+3.811%edgeX12.873+3.817%Binance12.873+3.818%Extended12.874+3.822%Bitget12.874+3.823%BingX12.874+3.823%Kalshi12.875+3.828%KuCoin12.875+3.831%Deribit12.875+3.831%Pacifica12.875+3.834%MEXC12.876+3.839%BloFin12.876+3.839%Paradex12.877+3.844%Gate12.877+3.847%Kraken Futures12.878+3.855%dYdX12.880+3.871%SunX12.881+3.879%Phemex12.881+3.879%Lighter12.881+3.882%Aster12.882+3.883%Hyperliquid12.883+3.895%Backpack12.886+3.919%Arcus12.891+3.960%

LINK on 39 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective LINK/USDC PERP−3.669%+0.0033%1h$4K$48K12xas long as short
Variational Omni LINK−0.488%−0.0090%8h$3.2M$1.2M—as long as short
Phoenix LINK−0.223%−0.0080%1h$3K$46K10xas long as short
HTX LINK-USDT−0.154%+0.0072%8h$622K$970K75xas long as short
Reya LINKRUSDPERP−0.125%+0.0362%1h$4K$40020xas long as short
Polymarket Perps LINK-USD−0.111%+0.0100%1h$77K$55K10xas long as short
Coinbase International LINK-PERP-INTX−0.096%+0.0072%1h$984K$2.5M50xas long as short
ApeX Omni LINKUSDT−0.080%+0.0100%1h$130K$649K50xas long as short
Derive LINK-PERP−0.055%+0.0100%1h$27K$10K10xas long as short
Bybit LINKUSDT−0.041%−0.0135%8h$81.7M$61.5M75xas long as short
Show all 39 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
OKX LINK-USDT-SWAP−0.034%−0.0041%8h$26.9M$85.5M50xas long as short
SoDEX LINK-USD−0.018%+0.0053%1h$8K$36K10xas long as short
Nado LINK-PERP−0.007%+0.0100%1h$424K$300K10xas long as short
Orderly PERP_LINK_USDC−0.003%+0.0070%8h$137K$1.7M20xas long as short
GMX LINK/USD [LINK-USDC]long0.000%L −0.0093% / S +0.0164%1h$1.7M—200x
Aevo LINK-PERPshort+0.001%+0.0088%1h$542K$3403x
gTrade (Gains Network) LINK/USD+0.002%L +0.0004% / S −0.0007%1h$174K—150xas long as short
edgeX LINKUSDC+0.008%+0.0100%4h$43K$307K20xas long as short
Binance LINKUSDT+0.008%+0.0024%8h$117.9M$285.1M75xas long as short
Extended LINK-USD+0.012%+0.0016%1h$666K$1.8M25xas long as short
Bitget LINKUSDT+0.013%+0.0088%8h$53.7M$29.0M75xas long as short
BingX LINK-USDT+0.013%+0.0087%8h—$19.9M—as long as short
Kalshi KXLINKPERP+0.018%0.0000%8h$459K$2.2M3.7xas long as short
KuCoin LINKUSDTM+0.021%+0.0100%8h$21.0M$16.6M75xas long as short
Deribit LINK_USDC-PERPETUAL+0.021%0.0000%1h$684K$105K50xas long as short
Pacifica LINK+0.023%+0.0100%1h$270K$162K10xas long as short
MEXC LINK_USDT+0.028%+0.0023%8h$31.1M$56.7M300xas long as short
BloFin LINK-USDT+0.028%+0.0095%8h$5.2M$13.0M75xas long as short
Paradex LINK-USD-PERP+0.033%+0.0065%8h$31K$2K20xas long as short
Gate LINK_USDT+0.036%+0.0005%8h$129.8M$11.8M75xas long as short
Kraken Futures PF_LINKUSD+0.044%−0.0329%1h$6.0M$6.5M50xas long as short
dYdX LINK-USD+0.060%0.0000%1h$341K$60K10xas long as short
SunX LINK-USDT+0.067%+0.0100%8h$33K$1.5M30xas long as short
Phemex LINKUSDT+0.067%+0.0424%8h$20.1M$11.2M50xas long as short
Lighter LINK+0.070%+0.0096%1h$2.0M$2.4M10xas long as short
Aster LINKUSDT+0.072%+0.0100%8h$1.4M$2.4M50xas long as short
Hyperliquid LINK+0.083%+0.0100%1h$75.6M$21.9M10xas long as short
Backpack LINK_USDC_PERP+0.106%+0.0100%1h$350K$375K15xas long as short
Arcus LINK-USD+0.145%+0.0100%1h$181K$186K10xas long as short