data as of
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Price arb /

LINK

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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.

After costs, if the gap returns to its 7d average, $10k−$61
spread now−0.191%7d average—fees + slippage, in and out−$42spread needed0.423%
Long on KalshiShort on BingX
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXLINKPERP12.8700get 0.0000% / 8h2h 16m$455K$2.2M3.7x
ShortBingX LINK-USDT12.8450.0086get 0.0086% / 8h6h 16m—$20.1M—

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
−$19.11
Funding while held
$2.58
Slippage, 4 orders
−$22.29
Fee Kalshi: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$58.83
Spread needed to break even
0.423%
Slippage from Kalshi: live order book, 3 min ago; BingX: live order book, 13 min ago.

Cost of waiting

funding view
Funding /8h
+0.0086%
Per $10,000 a day
+$2.58
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 Kalshi live order book, 3 min ago9.55 bp14.6 bp −$1517.2 bp −$172doesn't fitdoesn't fit
Sell BingX live order book, 13 min ago1.16 bp6.3 bp −$69.2 bp −$9220.1 bp −$2,00645.9 bp −$22.9K

LINK price on every exchange

against the cheapest. Click to use as the short leg.
Injective12.400cheapestBybit12.841+3.556%OKX12.842+3.565%Extended12.843+3.576%Paradex12.844+3.583%
BingX12.845+3.589%
Reya12.845+3.590%Binance12.847+3.605%Gate12.848+3.613%MEXC12.848+3.613%KuCoin12.848+3.613%Bitget12.848+3.613%Pacifica12.849+3.618%HTX12.849+3.623%Polymarket Perps12.850+3.629%Derive12.850+3.629%Orderly12.851+3.637%Lighter12.851+3.640%GMX12.852+3.644%gTrade (Gains Network)12.853+3.653%SoDEX12.853+3.653%Variational Omni12.854+3.658%Hyperliquid12.856+3.674%BloFin12.856+3.677%Aevo12.857+3.685%Nado12.857+3.690%Aster12.858+3.695%dYdX12.859+3.698%Deribit12.859+3.700%Coinbase International12.859+3.702%Kraken Futures12.859+3.705%Arcus12.863+3.734%edgeX12.868+3.770%Phoenix12.869+3.785%
Kalshi12.870+3.787%
Backpack12.870+3.790%ApeX Omni12.870+3.790%SunX12.870+3.793%Phemex12.871+3.798%

LINK on 39 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective LINK/USDC PERP−3.649%+0.0033%1h$4K$48K12xas long as short
Bybit LINKUSDT−0.222%−0.0195%8h$82.2M$62.4M75xas long as short
OKX LINK-USDT-SWAP−0.214%−0.0033%8h$26.8M$84.5M50xas long as short
Extended LINK-USD−0.204%+0.0104%1h$667K$1.8M25xas long as short
Paradex LINK-USD-PERP−0.196%+0.0075%8h$31K$2K20xas long as short
BingX LINK-USDTshort−0.191%+0.0086%8h—$20.1M—
Reya LINKRUSDPERP−0.190%+0.0363%1h$4K$40020xas long as short
Binance LINKUSDT−0.176%+0.0031%8h$117.7M$285.4M75xas long as short
Gate LINK_USDT−0.168%+0.0023%8h$129.3M$12.1M75xas long as short
MEXC LINK_USDT−0.168%+0.0030%8h$32.3M$57.3M300xas long as short
Show all 39 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
KuCoin LINKUSDTM−0.168%+0.0100%8h$21.1M$16.5M75xas long as short
Bitget LINKUSDT−0.168%+0.0085%8h$53.4M$28.9M75xas long as short
Pacifica LINK−0.163%+0.0100%1h$272K$165K10xas long as short
HTX LINK-USDT−0.158%+0.0100%8h$622K$938K75xas long as short
Polymarket Perps LINK-USD−0.152%+0.0100%1h$76K$56K10xas long as short
Derive LINK-PERP−0.152%+0.0100%1h$27K$10K10xas long as short
Orderly PERP_LINK_USDC−0.145%+0.0070%8h$141K$1.7M20xas long as short
Lighter LINK−0.142%+0.0096%1h$2.0M$2.4M10xas long as short
GMX LINK/USD [LINK-USDC]−0.138%L −0.0094% / S +0.0165%1h$1.7M—200xas long as short
gTrade (Gains Network) LINK/USD−0.129%L +0.0004% / S −0.0008%1h$184K—150xas long as short
SoDEX LINK-USD−0.129%+0.0083%1h$8K$36K10xas long as short
Variational Omni LINK−0.124%−0.0099%8h$3.2M$1.2M—as long as short
Hyperliquid LINK−0.109%+0.0100%1h$75.4M$21.8M10xas long as short
BloFin LINK-USDT−0.106%+0.0121%8h$5.1M$13.5M75xas long as short
Aevo LINK-PERP−0.098%+0.0088%1h$541K$3403xas long as short
Nado LINK-PERP−0.094%+0.0100%1h$423K$298K10xas long as short
Aster LINKUSDT−0.089%+0.0100%8h$1.3M$2.4M50xas long as short
dYdX LINK-USD−0.086%0.0000%1h$341K$60K10xas long as short
Deribit LINK_USDC-PERPETUAL−0.084%0.0000%1h$683K$104K50xas long as short
Coinbase International LINK-PERP-INTX−0.082%+0.0072%1h$987K$2.6M50xas long as short
Kraken Futures PF_LINKUSD−0.079%−0.0329%1h$6.0M$6.4M50xas long as short
Arcus LINK-USD−0.051%+0.0100%1h$181K$182K10xas long as short
edgeX LINKUSDC−0.016%+0.0100%4h$43K$307K20xas long as short
Phoenix LINK−0.002%−0.0080%1h$3K$46K10xas long as short
Kalshi KXLINKPERPlong0.000%0.0000%8h$455K$2.2M3.7x
Backpack LINK_USDC_PERP+0.003%+0.0100%1h$349K$377K15xas long as short
ApeX Omni LINKUSDT+0.003%+0.0100%1h$130K$648K50xas long as short
SunX LINK-USDT+0.005%+0.0100%8h$33K$1.5M30xas long as short
Phemex LINKUSDT+0.011%+0.0452%8h$20.0M$11.1M50xas long as short