After costs, if the gap returns to its 7d average, $10k−$65
spread now+0.166%7d average+0.071%fees + slippage, in and out−$74spread needed0.743%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX LINK-USDT | 12.979 | 0.0100 | pay 0.0100% / 8h | 15m 24s | $644K | $1.1M | 75x |
| Short | Binance LINKUSDT | 13.001 | 0.0039 | get 0.0039% / 8h | 15m 24s | $118.7M | $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
- $16.56
- Funding while held
- −$1.84
- Slippage, 4 orders
- −$52.3
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$59.57
- Spread needed to break even
- 0.743%
Slippage from HTX: live order book, 5 min ago; Binance: live order book, 15 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0061%
- Per $10,000 a day
- −$1.84
- 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 HTX live order book, 5 min ago | 22.52 bp | 32.4 bp −$32 | 105.0 bp −$1,050 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.39 bp | 7.3 bp −$7 | 13.1 bp −$131 | 36.2 bp −$3,623 | 107.0 bp −$53.5K |
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 | −4.465% | +0.0033% | 1h | $4K | $106K | 12x | as long as short |
| HTX LINK-USDTlong | 0.000% | +0.0100% | 8h | $644K | $1.1M | 75x | |
| BloFin LINK-USDT | +0.081% | +0.0158% | 8h | $5.2M | $12.6M | 75x | as long as short |
| edgeX LINKUSDC | +0.085% | +0.0100% | 4h | $43K | $313K | 20x | as long as short |
| Variational Omni LINK | +0.107% | −0.0046% | 8h | $3.2M | $1.2M | — | as long as short |
| Paradex LINK-USD-PERP | +0.112% | +0.0011% | 8h | $31K | $2K | 20x | as long as short |
| Bybit LINKUSDT | +0.127% | −0.0018% | 8h | $80.6M | $60.8M | 75x | as long as short |
| Bitget LINKUSDT | +0.127% | +0.0100% | 8h | $54.2M | $30.3M | 75x | as long as short |
| Nado LINK-PERP | +0.127% | +0.0100% | 1h | $430K | $365K | 10x | as long as short |
| Reya LINKRUSDPERP | +0.133% | +0.0357% | 1h | $4K | $400 | 20x | as long as short |
Show all 39 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter LINK | +0.134% | +0.0040% | 1h | $2.0M | $2.0M | 10x | as long as short |
| OKX LINK-USDT-SWAP | +0.135% | +0.0037% | 8h | $27.5M | $91.7M | 50x | as long as short |
| Extended LINK-USD | +0.135% | +0.0056% | 1h | $673K | $1.8M | 25x | as long as short |
| BingX LINK-USDC | +0.143% | +0.0100% | 8h | — | $6.6M | — | as long as short |
| Gate LINK_USDT | +0.150% | −0.0007% | 8h | $132.4M | $12.6M | 75x | as long as short |
| MEXC LINK_USDT | +0.150% | +0.0038% | 8h | $34.7M | $58.1M | 300x | as long as short |
| Pacifica LINK | +0.155% | +0.0100% | 1h | $272K | $168K | 10x | as long as short |
| ApeX Omni LINKUSDT | +0.158% | +0.0100% | 1h | $132K | $653K | 50x | as long as short |
| Polymarket Perps LINK-USD | +0.158% | +0.0100% | 1h | $74K | $44K | 10x | as long as short |
| Phoenix LINK | +0.165% | −0.0062% | 1h | $3K | $47K | 10x | as long as short |
| Binance LINKUSDTshort | +0.166% | +0.0039% | 8h | $118.7M | $286.6M | 75x | |
| dYdX LINK-USD | +0.166% | 0.0000% | 1h | $344K | $60K | 10x | as long as short |
| KuCoin LINKUSDTM | +0.173% | +0.0100% | 8h | $21.2M | $17.4M | 75x | as long as short |
| Aster LINKUSDT | +0.180% | +0.0100% | 8h | $1.5M | $2.2M | 50x | as long as short |
| Orderly PERP_LINK_USDC | +0.196% | +0.0098% | 8h | $185K | $1.6M | 20x | as long as short |
| Aevo LINK-PERP | +0.200% | +0.0088% | 1h | $547K | $340 | 3x | as long as short |
| SoDEX LINK-USD | +0.212% | −0.0099% | 1h | $8K | $42K | 10x | as long as short |
| GMX LINK/USD [LINK-USDC] | +0.213% | L −0.0087% / S +0.0158% | 1h | $1.7M | — | 200x | as long as short |
| gTrade (Gains Network) LINK/USD | +0.215% | L +0.0004% / S −0.0007% | 1h | $177K | — | 150x | as long as short |
| Derive LINK-PERP | +0.218% | +0.0100% | 1h | $28K | $10K | 10x | as long as short |
| Arcus LINK-USD | +0.243% | +0.0100% | 1h | $183K | $193K | 10x | as long as short |
| Hyperliquid LINK | +0.250% | +0.0100% | 1h | $78.9M | $20.5M | 10x | as long as short |
| Kraken Futures PF_LINKUSD | +0.267% | −0.0173% | 1h | $6.1M | $6.7M | 50x | as long as short |
| Kalshi KXLINKPERP | +0.280% | 0.0000% | 8h | $459K | $2.2M | 3.7x | as long as short |
| Backpack LINK_USDC_PERP | +0.281% | +0.0100% | 1h | $387K | $369K | 15x | as long as short |
| Coinbase International LINK-PERP-INTX | +0.281% | +0.0088% | 1h | $1.0M | $2.7M | 50x | as long as short |
| Deribit LINK_USDC-PERPETUAL | +0.284% | 0.0000% | 1h | $699K | $82K | 50x | as long as short |
| Phemex LINKUSDT | +0.335% | +0.0337% | 8h | $20.3M | $11.3M | 50x | as long as short |
| SunX LINK-USDT | +0.340% | +0.0100% | 8h | $33K | $1.6M | 30x | as long as short |
HTX LINK-USDT
Binance LINKUSDT
Injective
BloFin
Variational Omni
Paradex
Bybit
Bitget
Lighter
OKX
Extended
BingX
Gate
MEXC
Pacifica
ApeX Omni
Polymarket Perps
Phoenix
KuCoin
Aster
SoDEX
GMX
gTrade (Gains Network)
Derive
Hyperliquid
Kraken Futures
Backpack
Coinbase International
Deribit
Phemex
SunX