After costs, if the gap returns to its 7d average, $10k−$35
spread now+0.069%7d average−0.002%fees + slippage, in and out−$42spread needed0.422%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LINKUSDTM | 13.085 | 0.0100 | pay 0.0100% / 8h | 49m 55s | $21.3M | $17.7M | 75x |
| Short | OKX LINK-USDT-SWAP | 13.094 | 0.0083 | get 0.0083% / 8h | 49m 55s | $27.7M | $90.5M | 50x |
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
- $6.88
- Funding while held
- −$0.51
- Slippage, 4 orders
- −$20.23
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$35.86
- Spread needed to break even
- 0.422%
Slippage from KuCoin: live order book, 5 min ago; OKX: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0017%
- Per $10,000 a day
- −$0.51
- 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, 5 min ago | 0.77 bp | 13.7 bp −$14 | 21.2 bp −$212 | 60.0 bp −$5,998 | doesn't fit |
| Sell OKX live order book, 5 min ago | 0.38 bp | 8.2 bp −$8 | 16.0 bp −$160 | 35.0 bp −$3,499 | doesn't fit |
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 | −5.235% | +0.0033% | 1h | $4K | $106K | 12x | as long as short |
| edgeX LINKUSDC | −0.402% | +0.0100% | 4h | $43K | $311K | 20x | as long as short |
| ApeX Omni LINKUSDT | −0.336% | +0.0100% | 1h | $132K | $652K | 50x | as long as short |
| Variational Omni LINK | −0.284% | −0.0005% | 8h | $3.3M | $1.2M | — | as long as short |
| Phoenix LINK | −0.252% | −0.0062% | 1h | $3K | $47K | 10x | as long as short |
| HTX LINK-USDT | −0.194% | +0.0100% | 8h | $648K | $1.1M | 75x | as long as short |
| Reya LINKRUSDPERP | −0.032% | +0.0356% | 1h | $5K | $400 | 20x | as long as short |
| SoDEX LINK-USD | −0.023% | +0.0057% | 1h | $8K | $45K | 10x | as long as short |
| Extended LINK-USD | −0.020% | +0.0104% | 1h | $684K | $1.9M | 25x | as long as short |
| Derive LINK-PERP | −0.018% | +0.0100% | 1h | $28K | $10K | 10x | as long as short |
Show all 39 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex LINK-USD-PERP | −0.016% | +0.0044% | 8h | $32K | $2K | 20x | as long as short |
| Nado LINK-PERP | −0.013% | +0.0100% | 1h | $437K | $360K | 10x | as long as short |
| Lighter LINK | −0.013% | +0.0096% | 1h | $2.0M | $2.0M | 10x | as long as short |
| Gate LINK_USDT | −0.008% | +0.0005% | 8h | $133.1M | $12.3M | 75x | as long as short |
| Bitget LINKUSDT | −0.008% | +0.0100% | 8h | $54.3M | $30.1M | 75x | as long as short |
| GMX LINK/USD [LINK-USDC] | −0.005% | L −0.0084% / S +0.0156% | 1h | $1.7M | — | 200x | as long as short |
| Kraken Futures PF_LINKUSD | −0.004% | −0.0172% | 1h | $6.1M | $6.7M | 50x | as long as short |
| KuCoin LINKUSDTMlong | 0.000% | +0.0100% | 8h | $21.3M | $17.7M | 75x | |
| BloFin LINK-USDT | 0.000% | +0.0181% | 8h | $5.2M | $10.7M | 75x | as long as short |
| Polymarket Perps LINK-USD | +0.008% | +0.0100% | 1h | $75K | $44K | 10x | as long as short |
| Aevo LINK-PERP | +0.017% | +0.0096% | 1h | $551K | $340 | 3x | as long as short |
| BingX LINK-USDT | +0.023% | +0.0100% | 8h | — | $19.6M | — | as long as short |
| Orderly PERP_LINK_USDC | +0.023% | +0.0100% | 8h | $222K | $1.5M | 20x | as long as short |
| Deribit LINK_USDC-PERPETUAL | +0.029% | −0.0094% | 1h | $706K | $78K | 50x | as long as short |
| MEXC LINK_USDT | +0.038% | +0.0060% | 8h | $34.1M | $56.2M | 300x | as long as short |
| gTrade (Gains Network) LINK/USD | +0.045% | L +0.0003% / S −0.0007% | 1h | $178K | — | 150x | as long as short |
| Pacifica LINK | +0.061% | +0.0100% | 1h | $274K | $170K | 10x | as long as short |
| Bybit LINKUSDT | +0.061% | +0.0018% | 8h | $81.0M | $60.9M | 75x | as long as short |
| Aster LINKUSDT | +0.066% | +0.0100% | 8h | $1.4M | $2.0M | 50x | as long as short |
| OKX LINK-USDT-SWAPshort | +0.069% | +0.0083% | 8h | $27.7M | $90.5M | 50x | |
| Phemex LINKUSDT | +0.069% | +0.0312% | 8h | $20.4M | $11.3M | 50x | as long as short |
| Backpack LINK_USDC_PERP | +0.076% | +0.0126% | 1h | $389K | $360K | 15x | as long as short |
| Binance LINKUSDT | +0.084% | +0.0061% | 8h | $119.3M | $283.8M | 75x | as long as short |
| SunX LINK-USDT | +0.092% | +0.0100% | 8h | $33K | $1.6M | 30x | as long as short |
| Hyperliquid LINK | +0.107% | +0.0100% | 1h | $79.4M | $20.7M | 10x | as long as short |
| dYdX LINK-USD | +0.119% | 0.0000% | 1h | $347K | $60K | 10x | as long as short |
| Coinbase International LINK-PERP-INTX | +0.130% | +0.0088% | 1h | $1.0M | $2.7M | 50x | as long as short |
| Arcus LINK-USD | +0.138% | +0.0100% | 1h | $184K | $197K | 10x | as long as short |
| Kalshi KXLINKPERP | +0.299% | 0.0000% | 8h | $453K | $2.2M | 3.7x | as long as short |
KuCoin LINKUSDTM
OKX LINK-USDT-SWAP
Injective
ApeX Omni
Variational Omni
Phoenix
HTX
SoDEX
Extended
Derive
Paradex
Lighter
Gate
Bitget
GMX
Kraken Futures
BloFin
Polymarket Perps
BingX
Deribit
MEXC
gTrade (Gains Network)
Pacifica
Bybit
Aster
Phemex
Backpack
Binance
SunX
Hyperliquid
Coinbase International