After costs, if the gap returns to its 7d average, $10k−$102
spread now+0.021%7d average−0.004%fees + slippage, in and out−$104spread needed1.042%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_LINKUSD | 12.980 | −0.0387 | get 0.0048% / 1h | 13m 53s | $6.0M | $6.8M | 50x |
| Short | Aevo LINK-PERP | 12.982 | 0.0088 | get 0.0011% / 1h | 13m 53s | $546K | $340 | 3x |
Kraken Futures PF_LINKUSD
Aevo LINK-PERPPrice 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
- $2.09
- Funding while held
- $14.24
- Slippage, 4 orders
- −$78.22
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$87.89
- Spread needed to break even
- 1.042%
Slippage from Kraken Futures: live order book, 1 min ago; Aevo: live order book, 32 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0475%
- Per $10,000 a day
- +$14.24
- 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 Kraken Futures live order book, 1 min ago | 2.31 bp | 8.0 bp −$8 | 17.1 bp −$171 | 46.9 bp −$4,691 | doesn't fit |
| Sell Aevo live order book, 32 min ago | 28.49 bp | 42.8 bp −$43 | 270.1 bp −$2,701 | doesn't fit | doesn't fit |
LINK price on every exchange
against the cheapest. Click to use as the short leg.Injective12.400cheapestedgeX12.913+4.136%ApeX Omni12.963+4.540%HTX12.965+4.556%OKX12.968+4.581%Nado12.968+4.585%Bitget12.969+4.589%BingX12.969+4.589%Extended12.970+4.593%Bybit12.970+4.597%Variational Omni12.970+4.597%MEXC12.971+4.605%Binance12.972+4.609%BloFin12.972+4.613%Lighter12.972+4.617%Gate12.974+4.629%SoDEX12.974+4.629%Paradex12.975+4.634%Pacifica12.977+4.653%KuCoin12.978+4.661%Reya12.979+4.668%Aster12.979+4.669%Derive12.979+4.672%Hyperliquid12.979+4.672%
Injective
ApeX Omni
HTX
OKX
Nado
Bitget
BingX
Extended
Bybit
Variational Omni
MEXC
Binance
BloFin
Lighter
Gate
SoDEX
Paradex
Pacifica
KuCoin
Reya
Aster
Derive
HyperliquidKraken Futures12.980+4.674%
Phoenix12.980+4.676%Polymarket Perps12.980+4.677%Orderly12.981+4.685%Coinbase International12.982+4.694%
Phoenix
Polymarket Perps
Orderly
Coinbase InternationalAevo12.982+4.696%
dYdX12.984+4.711%Backpack12.985+4.718%SunX12.986+4.727%Kalshi12.988+4.741%Deribit12.988+4.741%Arcus12.988+4.742%Phemex12.989+4.750%gTrade (Gains Network)12.989+4.754%GMX12.990+4.758%
dYdX
Backpack
SunX
Deribit
Arcus
Phemex
gTrade (Gains Network)
GMXLINK 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 | $75K | 12x | as long as short |
| edgeX LINKUSDC | −0.514% | +0.0100% | 4h | $43K | $311K | 20x | as long as short |
| ApeX Omni LINKUSDT | −0.128% | +0.0100% | 1h | $131K | $655K | 50x | as long as short |
| HTX LINK-USDT | −0.113% | −0.0032% | 8h | $627K | $1.0M | 75x | as long as short |
| OKX LINK-USDT-SWAP | −0.089% | −0.0019% | 8h | $27.2M | $90.9M | 50x | as long as short |
| Nado LINK-PERP | −0.085% | +0.0100% | 1h | $427K | $348K | 10x | as long as short |
| Bitget LINKUSDT | −0.082% | +0.0100% | 8h | $54.0M | $29.9M | 75x | as long as short |
| BingX LINK-USDC | −0.082% | +0.0100% | 8h | — | $6.7M | — | as long as short |
| Extended LINK-USD | −0.077% | −0.0080% | 1h | $672K | $1.8M | 25x | as long as short |
| Bybit LINKUSDT | −0.074% | −0.0022% | 8h | $80.3M | $59.3M | 75x | as long as short |
Show all 39 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni LINK | −0.073% | −0.0064% | 8h | $3.2M | $1.2M | — | as long as short |
| MEXC LINK_USDT | −0.066% | +0.0027% | 8h | $33.1M | $58.0M | 300x | as long as short |
| Binance LINKUSDT | −0.062% | +0.0027% | 8h | $118.5M | $287.8M | 75x | as long as short |
| BloFin LINK-USDT | −0.058% | +0.0109% | 8h | $5.2M | $13.1M | 75x | as long as short |
| Lighter LINK | −0.055% | +0.0096% | 1h | $1.9M | $2.0M | 10x | as long as short |
| Gate LINK_USDT | −0.043% | +0.0045% | 8h | $131.0M | $12.0M | 75x | as long as short |
| SoDEX LINK-USD | −0.043% | −0.0111% | 1h | $8K | $38K | 10x | as long as short |
| Paradex LINK-USD-PERP | −0.038% | +0.0044% | 8h | $31K | $2K | 20x | as long as short |
| Pacifica LINK | −0.020% | +0.0100% | 1h | $271K | $165K | 10x | as long as short |
| KuCoin LINKUSDTM | −0.012% | +0.0100% | 8h | $21.4M | $16.9M | 75x | as long as short |
| Reya LINKRUSDPERP | −0.005% | +0.0360% | 1h | $4K | $400 | 20x | as long as short |
| Aster LINKUSDT | −0.005% | +0.0100% | 8h | $1.4M | $2.4M | 50x | as long as short |
| Derive LINK-PERP | −0.002% | +0.0100% | 1h | $28K | $10K | 10x | as long as short |
| Hyperliquid LINK | −0.002% | +0.0100% | 1h | $76.6M | $22.1M | 10x | as long as short |
| Kraken Futures PF_LINKUSDlong | 0.000% | −0.0387% | 1h | $6.0M | $6.8M | 50x | |
| Phoenix LINK | +0.002% | −0.0061% | 1h | $3K | $49K | 10x | as long as short |
| Polymarket Perps LINK-USD | +0.003% | +0.0100% | 1h | $78K | $51K | 10x | as long as short |
| Orderly PERP_LINK_USDC | +0.011% | +0.0075% | 8h | $142K | $1.7M | 20x | as long as short |
| Coinbase International LINK-PERP-INTX | +0.019% | +0.0072% | 1h | $1.0M | $2.6M | 50x | as long as short |
| Aevo LINK-PERPshort | +0.021% | +0.0088% | 1h | $546K | $340 | 3x | |
| dYdX LINK-USD | +0.036% | +0.0027% | 1h | $344K | $60K | 10x | as long as short |
| Backpack LINK_USDC_PERP | +0.042% | +0.0100% | 1h | $363K | $367K | 15x | as long as short |
| SunX LINK-USDT | +0.050% | +0.0100% | 8h | $33K | $1.5M | 30x | as long as short |
| Kalshi KXLINKPERP | +0.064% | 0.0000% | 8h | $459K | $2.2M | 3.7x | as long as short |
| Deribit LINK_USDC-PERPETUAL | +0.064% | 0.0000% | 1h | $694K | $86K | 50x | as long as short |
| Arcus LINK-USD | +0.065% | +0.0100% | 1h | $183K | $189K | 10x | as long as short |
| Phemex LINKUSDT | +0.072% | +0.0392% | 8h | $20.2M | $11.3M | 50x | as long as short |
| gTrade (Gains Network) LINK/USD | +0.076% | L +0.0004% / S −0.0008% | 1h | $190K | — | 150x | as long as short |
| GMX LINK/USD [LINK-USDC] | +0.080% | L −0.0090% / S +0.0161% | 1h | $1.7M | — | 200x | as long as short |