After costs, if the gap returns to its 7d average, $10k−$33
spread now−0.031%7d average+0.005%fees + slippage, in and out−$29spread needed0.290%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LINKUSDTM | 12.947 | 0.0100 | pay 0.0100% / 8h | 37m 36s | $21.1M | $17.6M | 75x |
| Short | MEXC LINK_USDT | 12.943 | 0.0050 | get 0.0050% / 8h | 37m 36s | $33.6M | $57.0M | 300x |
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
- −$3.09
- Funding while held
- −$1.5
- Slippage, 4 orders
- −$17.03
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$33.62
- Spread needed to break even
- 0.290%
Slippage from KuCoin: live order book, 8 min ago; MEXC: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0050%
- Per $10,000 a day
- −$1.50
- 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 KuCoin live order book, 8 min ago | 0.38 bp | 14.6 bp −$15 | 19.9 bp −$199 | 57.2 bp −$5,720 | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.38 bp | 0.6 bp −$1 | 3.1 bp −$31 | 31.1 bp −$3,113 | 54.2 bp −$27.1K |
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 | −4.225% | +0.0033% | 1h | $4K | $106K | 12x | as long as short |
| HTX LINK-USDT | −0.276% | +0.0100% | 8h | $641K | $1.1M | 75x | as long as short |
| Extended LINK-USD | −0.090% | +0.0104% | 1h | $676K | $1.9M | 25x | as long as short |
| Bitget LINKUSDT | −0.077% | +0.0100% | 8h | $53.8M | $30.2M | 75x | as long as short |
| BingX LINK-USDC | −0.077% | +0.0100% | 8h | — | $6.6M | — | as long as short |
| dYdX LINK-USD | −0.038% | 0.0000% | 1h | $343K | $60K | 10x | as long as short |
| Paradex LINK-USD-PERP | −0.036% | +0.0024% | 8h | $31K | $2K | 20x | as long as short |
| MEXC LINK_USDTshort | −0.031% | +0.0050% | 8h | $33.6M | $57.0M | 300x | |
| Gate LINK_USDT | −0.023% | −0.0005% | 8h | $131.6M | $12.4M | 75x | as long as short |
| Nado LINK-PERP | −0.019% | +0.0100% | 1h | $431K | $361K | 10x | as long as short |
Show all 39 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter LINK | −0.016% | +0.0096% | 1h | $2.0M | $2.0M | 10x | as long as short |
| Orderly PERP_LINK_USDC | −0.015% | +0.0098% | 8h | $187K | $1.6M | 20x | as long as short |
| Derive LINK-PERP | −0.012% | +0.0100% | 1h | $28K | $10K | 10x | as long as short |
| Pacifica LINK | −0.009% | +0.0100% | 1h | $271K | $167K | 10x | as long as short |
| KuCoin LINKUSDTMlong | 0.000% | +0.0100% | 8h | $21.1M | $17.6M | 75x | |
| Bybit LINKUSDT | +0.008% | 0.0000% | 8h | $80.2M | $60.8M | 75x | as long as short |
| SoDEX LINK-USD | +0.008% | −0.0087% | 1h | $8K | $45K | 10x | as long as short |
| Reya LINKRUSDPERP | +0.010% | +0.0356% | 1h | $4K | $400 | 20x | as long as short |
| Aevo LINK-PERP | +0.023% | +0.0096% | 1h | $545K | $340 | 3x | as long as short |
| OKX LINK-USDT-SWAP | +0.023% | +0.0067% | 8h | $27.3M | $90.5M | 50x | as long as short |
| gTrade (Gains Network) LINK/USD | +0.032% | L +0.0003% / S −0.0007% | 1h | $176K | — | 150x | as long as short |
| GMX LINK/USD [LINK-USDC] | +0.035% | L −0.0085% / S +0.0157% | 1h | $1.7M | — | 200x | as long as short |
| Binance LINKUSDT | +0.039% | +0.0048% | 8h | $118.2M | $285.2M | 75x | as long as short |
| Deribit LINK_USDC-PERPETUAL | +0.044% | −0.0113% | 1h | $696K | $81K | 50x | as long as short |
| Arcus LINK-USD | +0.054% | +0.0100% | 1h | $182K | $197K | 10x | as long as short |
| Kraken Futures PF_LINKUSD | +0.056% | −0.0174% | 1h | $6.1M | $6.7M | 50x | as long as short |
| Aster LINKUSDT | +0.067% | +0.0100% | 8h | $1.5M | $2.2M | 50x | as long as short |
| Polymarket Perps LINK-USD | +0.070% | +0.0100% | 1h | $74K | $44K | 10x | as long as short |
| SunX LINK-USDT | +0.072% | +0.0100% | 8h | $33K | $1.6M | 30x | as long as short |
| Backpack LINK_USDC_PERP | +0.085% | +0.0100% | 1h | $385K | $359K | 15x | as long as short |
| ApeX Omni LINKUSDT | +0.085% | +0.0100% | 1h | $131K | $653K | 50x | as long as short |
| BloFin LINK-USDT | +0.108% | +0.0170% | 8h | $5.2M | $11.2M | 75x | as long as short |
| Hyperliquid LINK | +0.116% | +0.0100% | 1h | $78.6M | $20.5M | 10x | as long as short |
| Phemex LINKUSDT | +0.154% | +0.0332% | 8h | $20.2M | $11.3M | 50x | as long as short |
| Coinbase International LINK-PERP-INTX | +0.162% | +0.0088% | 1h | $997K | $2.7M | 50x | as long as short |
| Kalshi KXLINKPERP | +0.182% | 0.0000% | 8h | $448K | $2.2M | 3.7x | as long as short |
| Phoenix LINK | +0.533% | −0.0062% | 1h | $3K | $47K | 10x | as long as short |
| edgeX LINKUSDC | +0.538% | +0.0100% | 4h | $43K | $311K | 20x | as long as short |
| Variational Omni LINK | +0.550% | −0.0017% | 8h | $3.2M | $1.2M | — | as long as short |
KuCoin LINKUSDTM
MEXC LINK_USDT
Injective
HTX
Extended
Bitget
BingX
Paradex
Gate
Lighter
Derive
Pacifica
Bybit
SoDEX
OKX
gTrade (Gains Network)
GMX
Binance
Deribit
Kraken Futures
Aster
Polymarket Perps
SunX
Backpack
ApeX Omni
BloFin
Hyperliquid
Phemex
Coinbase International
Phoenix
Variational Omni