After costs, if the gap returns to its 7d average, $10k−$287
spread now−0.015%7d average+0.005%fees + slippage, in and out−$285spread needed2.845%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC LINK_USDT | 12.996 | 0.0038 | pay 0.0038% / 8h | 7h 47m | $33.9M | $57.0M | 300x |
| Short | gTrade (Gains Network) LINK/USD | 12.994 | L +0.0004% / S −0.0008% | get 0.0001% / 1h | 47m 44s | $192K | — | 150x |
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
- −$1.54
- Funding while held
- −$0.91
- Slippage, 4 orders
- −$274.55
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$287
- Spread needed to break even
- 2.845%
Slippage from MEXC: live order book, 3 min ago; gTrade (Gains Network): virtual book (oracle venue), 53 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0030%
- Per $10,000 a day
- −$0.91
- 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 MEXC live order book, 3 min ago | 0.39 bp | 0.6 bp −$1 | 3.5 bp −$35 | 21.3 bp −$2,132 | 41.4 bp −$20.7K |
| Sell gTrade (Gains Network) virtual book (oracle venue), 53 min ago | 130.03 bp | 142.5 bp −$143 | 1049.2 bp −$10.5K | doesn't fit | 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 | −4.586% | +0.0033% | 1h | $4K | $75K | 12x | as long as short |
| Variational Omni LINK | −0.349% | −0.0062% | 8h | $3.2M | $1.2M | — | as long as short |
| Derive LINK-PERP | −0.278% | +0.0100% | 1h | $28K | $10K | 10x | as long as short |
| BloFin LINK-USDT | −0.262% | +0.0154% | 8h | $5.2M | $13.1M | 75x | as long as short |
| Phoenix LINK | −0.220% | −0.0061% | 1h | $3K | $49K | 10x | as long as short |
| HTX LINK-USDT | −0.209% | +0.0093% | 8h | $636K | $1.0M | 75x | as long as short |
| edgeX LINKUSDC | −0.200% | +0.0100% | 4h | $43K | $312K | 20x | as long as short |
| ApeX Omni LINKUSDT | −0.177% | +0.0100% | 1h | $131K | $654K | 50x | as long as short |
| OKX LINK-USDT-SWAP | −0.169% | +0.0015% | 8h | $27.4M | $91.0M | 50x | as long as short |
| Bybit LINKUSDT | −0.115% | −0.0033% | 8h | $80.5M | $60.3M | 75x | as long as short |
Show all 39 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter LINK | −0.095% | +0.0096% | 1h | $1.9M | $2.0M | 10x | as long as short |
| Nado LINK-PERP | −0.088% | +0.0100% | 1h | $428K | $364K | 10x | as long as short |
| Binance LINKUSDT | −0.085% | +0.0039% | 8h | $119.4M | $289.5M | 75x | as long as short |
| Pacifica LINK | −0.077% | +0.0100% | 1h | $272K | $167K | 10x | as long as short |
| Paradex LINK-USD-PERP | −0.070% | +0.0038% | 8h | $31K | $2K | 20x | as long as short |
| Orderly PERP_LINK_USDC | −0.062% | +0.0096% | 8h | $168K | $1.7M | 20x | as long as short |
| Reya LINKRUSDPERP | −0.055% | +0.0358% | 1h | $4K | $400 | 20x | as long as short |
| Extended LINK-USD | −0.044% | +0.0040% | 1h | $674K | $1.8M | 25x | as long as short |
| BingX LINK-USDT | −0.038% | +0.0100% | 8h | — | $19.6M | — | as long as short |
| SoDEX LINK-USD | −0.038% | −0.0001% | 1h | $8K | $40K | 10x | as long as short |
| Aevo LINK-PERP | −0.035% | +0.0088% | 1h | $547K | $340 | 3x | as long as short |
| Polymarket Perps LINK-USD | −0.031% | +0.0100% | 1h | $74K | $43K | 10x | as long as short |
| Deribit LINK_USDC-PERPETUAL | −0.021% | 0.0000% | 1h | $695K | $84K | 50x | as long as short |
| Gate LINK_USDT | −0.015% | +0.0100% | 8h | $132.3M | $11.7M | 75x | as long as short |
| Bitget LINKUSDT | −0.015% | +0.0100% | 8h | $54.1M | $30.1M | 75x | as long as short |
| gTrade (Gains Network) LINK/USDshort | −0.015% | L +0.0004% / S −0.0008% | 1h | $192K | — | 150x | |
| Hyperliquid LINK | −0.008% | +0.0100% | 1h | $78.7M | $20.5M | 10x | as long as short |
| GMX LINK/USD [LINK-USDC] | −0.004% | L −0.0089% / S +0.0160% | 1h | $1.7M | — | 200x | as long as short |
| dYdX LINK-USD | −0.004% | 0.0000% | 1h | $344K | $60K | 10x | as long as short |
| MEXC LINK_USDTlong | 0.000% | +0.0038% | 8h | $33.9M | $57.0M | 300x | |
| KuCoin LINKUSDTM | 0.000% | +0.0100% | 8h | $21.3M | $17.6M | 75x | as long as short |
| Aster LINKUSDT | +0.004% | +0.0100% | 8h | $1.4M | $2.4M | 50x | as long as short |
| Kraken Futures PF_LINKUSD | +0.027% | −0.0386% | 1h | $6.1M | $6.8M | 50x | as long as short |
| SunX LINK-USDT | +0.030% | +0.0100% | 8h | $33K | $1.6M | 30x | as long as short |
| Arcus LINK-USD | +0.046% | +0.0100% | 1h | $183K | $193K | 10x | as long as short |
| Coinbase International LINK-PERP-INTX | +0.062% | +0.0072% | 1h | $994K | $2.7M | 50x | as long as short |
| Kalshi KXLINKPERP | +0.084% | 0.0000% | 8h | $459K | $2.2M | 3.7x | as long as short |
| Phemex LINKUSDT | +0.085% | +0.0330% | 8h | $20.2M | $11.2M | 50x | as long as short |
| Backpack LINK_USDC_PERP | +0.100% | +0.0100% | 1h | $364K | $375K | 15x | as long as short |
MEXC LINK_USDT
gTrade (Gains Network) LINK/USD
Injective
Variational Omni
Derive
BloFin
Phoenix
HTX
ApeX Omni
OKX
Bybit
Lighter
Binance
Pacifica
Paradex
Extended
BingX
SoDEX
Polymarket Perps
Deribit
Gate
Bitget
Hyperliquid
GMX
KuCoin
Aster
Kraken Futures
SunX
Coinbase International
Phemex
Backpack