After costs, if the gap returns to its 7d average, $10k−$59
spread now−0.133%7d average+0.060%fees + slippage, in and out−$40spread needed0.402%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXLINKPERP | 12.881 | 0 | get 0.0000% / 8h | 1h 25m | $467K | $2.2M | 3.7x |
| Short | Binance LINKUSDT | 12.864 | 0.0057 | get 0.0057% / 8h | 5h 25m | $116.4M | $287.4M | 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
- −$13.28
- Funding while held
- $1.72
- Slippage, 4 orders
- −$20.22
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$51.78
- Spread needed to break even
- 0.402%
Slippage from Kalshi: live order book, 4 min ago; Binance: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0057%
- Per $10,000 a day
- +$1.72
- 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 Kalshi live order book, 4 min ago | 9.12 bp | 14.1 bp −$14 | 19.8 bp −$198 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 0.39 bp | 6.1 bp −$6 | 10.5 bp −$105 | 33.6 bp −$3,364 | 101.2 bp −$50.6K |
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 | −3.735% | +0.0033% | 1h | $4K | $48K | 12x | as long as short |
| Bitget LINKUSDT | −0.195% | +0.0092% | 8h | $53.8M | $29.4M | 75x | as long as short |
| HTX LINK-USDT | −0.190% | +0.0100% | 8h | $623K | $921K | 75x | as long as short |
| Extended LINK-USD | −0.190% | +0.0104% | 1h | $631K | $1.9M | 25x | as long as short |
| Bybit LINKUSDT | −0.164% | −0.0154% | 8h | $82.1M | $64.2M | 75x | as long as short |
| Variational Omni LINK | −0.163% | −0.0127% | 8h | $3.2M | $1.2M | — | as long as short |
| Reya LINKRUSDPERP | −0.159% | +0.0365% | 1h | $4K | $200 | 20x | as long as short |
| MEXC LINK_USDT | −0.156% | +0.0055% | 8h | $33.0M | $56.0M | 300x | as long as short |
| BingX LINK-USDT | −0.156% | +0.0092% | 8h | — | $21.5M | — | as long as short |
| Gate LINK_USDT | −0.148% | +0.0100% | 8h | $129.2M | $12.2M | 75x | as long as short |
Show all 39 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX LINK-USDT-SWAP | −0.141% | −0.0016% | 8h | $26.7M | $81.6M | 50x | as long as short |
| Binance LINKUSDTshort | −0.133% | +0.0057% | 8h | $116.4M | $287.4M | 75x | |
| Derive LINK-PERP | −0.132% | +0.0100% | 1h | $24K | $13K | 10x | as long as short |
| KuCoin LINKUSDTM | −0.125% | +0.0100% | 8h | $21.3M | $16.2M | 75x | as long as short |
| Polymarket Perps LINK-USD | −0.117% | +0.0100% | 1h | $77K | $56K | 10x | as long as short |
| SoDEX LINK-USD | −0.117% | +0.0100% | 1h | $4K | $39K | 10x | as long as short |
| GMX LINK/USD [LINK-USDC] | −0.104% | L −0.0091% / S +0.0165% | 1h | $1.7M | — | 200x | as long as short |
| Nado LINK-PERP | −0.102% | +0.0100% | 1h | $425K | $280K | 10x | as long as short |
| gTrade (Gains Network) LINK/USD | −0.089% | L +0.0003% / S −0.0002% | 1h | $77K | — | 150x | as long as short |
| edgeX LINKUSDC | −0.089% | +0.0100% | 4h | $43K | $306K | 20x | as long as short |
| Lighter LINK | −0.083% | +0.0096% | 1h | $2.0M | $2.3M | 10x | as long as short |
| Paradex LINK-USD-PERP | −0.081% | +0.0092% | 8h | $31K | $2K | 20x | as long as short |
| Deribit LINK_USDC-PERPETUAL | −0.079% | 0.0000% | 1h | $683K | $106K | 50x | as long as short |
| Coinbase International LINK-PERP-INTX | −0.078% | +0.0008% | 1h | $989K | $2.6M | 50x | as long as short |
| Kraken Futures PF_LINKUSD | −0.075% | −0.0167% | 1h | $6.0M | $6.3M | 50x | as long as short |
| Aevo LINK-PERP | −0.074% | +0.0096% | 1h | $541K | $340 | 3x | as long as short |
| Aster LINKUSDT | −0.074% | +0.0100% | 8h | $1.4M | $2.4M | 50x | as long as short |
| Pacifica LINK | −0.071% | +0.0100% | 1h | $270K | $169K | 10x | as long as short |
| Orderly PERP_LINK_USDC | −0.063% | +0.0070% | 8h | $145K | $1.7M | 20x | as long as short |
| Hyperliquid LINK | −0.055% | +0.0100% | 1h | $75.1M | $22.2M | 10x | as long as short |
| ApeX Omni LINKUSDT | −0.055% | +0.0100% | 1h | $130K | $651K | 50x | as long as short |
| Phoenix LINK | −0.048% | −0.0012% | 1h | $3K | $68K | 10x | as long as short |
| Backpack LINK_USDC_PERP | −0.040% | +0.0100% | 1h | $350K | $368K | 15x | as long as short |
| dYdX LINK-USD | −0.037% | 0.0000% | 1h | $341K | $60K | 10x | as long as short |
| Kalshi KXLINKPERPlong | 0.000% | 0.0000% | 8h | $467K | $2.2M | 3.7x | |
| Arcus LINK-USD | +0.007% | +0.0100% | 1h | $180K | $126K | 10x | as long as short |
| BloFin LINK-USDT | +0.007% | +0.0176% | 8h | $5.2M | $13.8M | 75x | as long as short |
| Phemex LINKUSDT | +0.038% | +0.0440% | 8h | $20.0M | $11.2M | 50x | as long as short |
| SunX LINK-USDT | +0.139% | +0.0100% | 8h | $33K | $1.5M | 30x | as long as short |
Binance LINKUSDT
Injective
Bitget
HTX
Extended
Bybit
Variational Omni
MEXC
BingX
Gate
OKX
Derive
KuCoin
Polymarket Perps
SoDEX
GMX
gTrade (Gains Network)
Lighter
Paradex
Deribit
Coinbase International
Kraken Futures
Aster
Pacifica
Hyperliquid
ApeX Omni
Phoenix
Backpack
BloFin
Phemex
SunX