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.

After costs, if the gap returns to its 7d average, $10k−$40
spread now+0.045%7d average+0.004%fees + slippage, in and out−$44spread needed0.442%
Long on KuCoinShort on Deribit
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin LINKUSDTM13.0190.0100pay 0.0100% / 8h7h 59m$21.3M$17.5M75x
ShortDeribit LINK_USDC-PERPETUAL13.0250get 0.0000% / 1h59m 06s$697K$84K50x

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
$4.46
Funding while held
−$3
Slippage, 4 orders
−$25.15
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$42.7
Spread needed to break even
0.442%
Slippage from KuCoin: live order book, 6 min ago; Deribit: live order book, 51 min ago.

Cost of waiting

funding view
Funding /8h
−0.0100%
Per $10,000 a day
−$3.00
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 KuCoin live order book, 6 min ago0.77 bp13.3 bp −$1323.4 bp −$23463.3 bp −$6,327doesn't fit
Sell Deribit live order book, 51 min ago3.44 bp6.9 bp −$713.5 bp −$135doesn't fitdoesn't fit

LINK price on every exchange

against the cheapest. Click to use as the short leg.
Injective12.400cheapestExtended13.003+4.861%Bybit13.007+4.895%OKX13.008+4.903%Binance13.009+4.911%HTX13.011+4.927%Paradex13.012+4.933%Bitget13.013+4.944%BingX13.013+4.944%Nado13.013+4.948%Reya13.014+4.951%BloFin13.015+4.960%SoDEX13.017+4.976%Derive13.018+4.981%Gate13.018+4.984%Polymarket Perps13.018+4.984%Lighter13.019+4.989%MEXC13.019+4.992%
KuCoin13.019+4.992%
Phoenix13.021+5.012%Pacifica13.022+5.016%Orderly13.024+5.032%Aevo13.024+5.032%dYdX13.025+5.038%
Deribit13.025+5.039%
GMX13.025+5.040%Aster13.025+5.040%Coinbase International13.025+5.040%Kraken Futures13.026+5.048%gTrade (Gains Network)13.026+5.048%edgeX13.029+5.071%ApeX Omni13.029+5.073%Variational Omni13.030+5.077%Hyperliquid13.030+5.081%Kalshi13.031+5.090%SunX13.031+5.090%Backpack13.032+5.097%Arcus13.034+5.113%Phemex13.038+5.145%

LINK on 39 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective LINK/USDC PERP−4.755%+0.0033%1h$4K$75K12xas long as short
Extended LINK-USD−0.125%+0.0064%1h$678K$1.8M25xas long as short
Bybit LINKUSDT−0.092%+0.0100%8h$80.7M$60.8M75xas long as short
OKX LINK-USDT-SWAP−0.084%+0.0022%8h$27.4M$91.4M50xas long as short
Binance LINKUSDT−0.077%+0.0043%8h$119.5M$288.8M75xas long as short
HTX LINK-USDT−0.062%+0.0018%8h$641K$1.0M75xas long as short
Paradex LINK-USD-PERP−0.056%+0.0027%8h$32K$2K20xas long as short
Bitget LINKUSDT−0.046%+0.0100%8h$54.3M$30.1M75xas long as short
BingX LINK-USDC−0.046%+0.0100%8h—$6.7M—as long as short
Nado LINK-PERP−0.042%+0.0100%1h$430K$363K10xas long as short
Show all 39 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Reya LINKRUSDPERP−0.039%+0.0358%1h$4K$40020xas long as short
BloFin LINK-USDT−0.031%+0.0163%8h$5.3M$13.2M75xas long as short
SoDEX LINK-USD−0.015%−0.0039%1h$8K$40K10xas long as short
Derive LINK-PERP−0.011%+0.0100%1h$28K$10K10xas long as short
Gate LINK_USDT−0.008%+0.0003%8h$132.6M$11.7M75xas long as short
Polymarket Perps LINK-USD−0.008%+0.0100%1h$74K$43K10xas long as short
Lighter LINK−0.003%+0.0064%1h$2.0M$1.9M10xas long as short
MEXC LINK_USDT0.000%+0.0044%8h$34.6M$56.5M300xas long as short
KuCoin LINKUSDTMlong0.000%+0.0100%8h$21.3M$17.5M75x
Phoenix LINK+0.019%−0.0062%1h$3K$46K10xas long as short
Pacifica LINK+0.023%+0.0100%1h$272K$167K10xas long as short
Orderly PERP_LINK_USDC+0.038%+0.0098%8h$172K$1.7M20xas long as short
Aevo LINK-PERP+0.038%+0.0096%1h$548K$3403xas long as short
dYdX LINK-USD+0.044%0.0000%1h$345K$60K10xas long as short
Deribit LINK_USDC-PERPETUALshort+0.045%0.0000%1h$697K$84K50x
GMX LINK/USD [LINK-USDC]+0.046%L −0.0088% / S +0.0159%1h$1.7M—200xas long as short
Aster LINKUSDT+0.046%+0.0100%8h$1.5M$2.2M50xas long as short
Coinbase International LINK-PERP-INTX+0.046%+0.0072%1h$997K$2.7M50xas long as short
Kraken Futures PF_LINKUSD+0.054%−0.0385%1h$6.1M$6.8M50xas long as short
gTrade (Gains Network) LINK/USD+0.054%L +0.0004% / S −0.0007%1h$177K—150xas long as short
edgeX LINKUSDC+0.076%+0.0100%4h$43K$314K20xas long as short
ApeX Omni LINKUSDT+0.077%+0.0100%1h$132K$654K50xas long as short
Variational Omni LINK+0.081%−0.0055%8h$3.2M$1.2M—as long as short
Hyperliquid LINK+0.084%+0.0100%1h$78.9M$20.5M10xas long as short
Kalshi KXLINKPERP+0.093%0.0000%8h$461K$2.2M3.7xas long as short
SunX LINK-USDT+0.093%+0.0100%8h$33K$1.6M30xas long as short
Backpack LINK_USDC_PERP+0.100%+0.0100%1h$387K$363K15xas long as short
Arcus LINK-USD+0.115%+0.0100%1h$183K$193K10xas long as short
Phemex LINKUSDT+0.146%+0.0336%8h$20.3M$11.3M50xas long as short