After costs, if the gap returns to its 7d average, $10k−$14
spread now+0.046%7d average+0.006%fees + slippage, in and out−$18spread needed0.178%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX LINK-USDT-SWAP | 13.030 | 0.0100 | pay 0.0100% / 8h | 2h 33m | $28.8M | $80.6M | 50x |
| Short | MEXC LINK_USDT | 13.036 | 0.0084 | get 0.0084% / 8h | 2h 33m | $34.9M | $55.5M | 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
- $4.6
- Funding while held
- −$0.48
- Slippage, 4 orders
- −$7.84
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$13.72
- Spread needed to break even
- 0.178%
Slippage from OKX: live order book, 2 min ago; MEXC: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0016%
- Per $10,000 a day
- −$0.48
- 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 OKX live order book, 2 min ago | 0.38 bp | 7.9 bp −$8 | 17.5 bp −$175 | 38.8 bp −$3,882 | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.15 bp | 1.6 bp −$2 | 3.6 bp −$36 | 16.0 bp −$1,595 | 40.2 bp −$20.1K |
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 | −4.835% | +0.0033% | 1h | $4K | $141K | 12x | as long as short |
| HTX LINK-USDT | −0.088% | +0.0100% | 8h | $645K | $1.2M | 75x | as long as short |
| Nado LINK-PERP | −0.065% | +0.0100% | 1h | $427K | $335K | 10x | as long as short |
| SoDEX LINK-USD | −0.046% | −0.0201% | 1h | $8K | $45K | 10x | as long as short |
| Aevo LINK-PERP | −0.040% | +0.0104% | 1h | $548K | $340 | 3x | as long as short |
| Reya LINKRUSDPERP | −0.038% | +0.0351% | 1h | $4K | $400 | 20x | as long as short |
| Bybit LINKUSDT | −0.031% | +0.0073% | 8h | $81.1M | $57.8M | 75x | as long as short |
| Deribit LINK_USDC-PERPETUAL | −0.025% | 0.0000% | 1h | $705K | $68K | 50x | as long as short |
| Binance LINKUSDT | −0.023% | +0.0084% | 8h | $117.9M | $259.9M | 75x | as long as short |
| BingX LINK-USDT | −0.023% | +0.0100% | 8h | — | $18.6M | — | as long as short |
Show all 39 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget LINKUSDT | −0.008% | +0.0100% | 8h | $53.9M | $28.6M | 75x | as long as short |
| gTrade (Gains Network) LINK/USD | −0.002% | L +0.0003% / S −0.0007% | 1h | $102K | — | 150x | as long as short |
| OKX LINK-USDT-SWAPlong | 0.000% | +0.0100% | 8h | $28.8M | $80.6M | 50x | |
| Kraken Futures PF_LINKUSD | +0.005% | +0.0113% | 1h | $6.3M | $5.9M | 50x | as long as short |
| SunX LINK-USDT | +0.009% | +0.0100% | 8h | $34K | $1.4M | 30x | as long as short |
| Derive LINK-PERP | +0.010% | +0.0100% | 1h | $30K | $6K | 10x | as long as short |
| Backpack LINK_USDC_PERP | +0.015% | +0.0100% | 1h | $359K | $279K | 15x | as long as short |
| Extended LINK-USD | +0.024% | +0.0104% | 1h | $666K | $720K | 25x | as long as short |
| GMX LINK/USD [LINK-USDC] | +0.027% | L −0.0002% / S +0.0072% | 1h | $1.9M | — | 200x | as long as short |
| MEXC LINK_USDTshort | +0.046% | +0.0084% | 8h | $34.9M | $55.5M | 300x | |
| Orderly PERP_LINK_USDC | +0.046% | +0.0099% | 8h | $219K | $1.5M | 20x | as long as short |
| KuCoin LINKUSDTM | +0.054% | +0.0100% | 8h | $21.4M | $17.8M | 75x | as long as short |
| Polymarket Perps LINK-USD | +0.069% | +0.0100% | 1h | $76K | $24K | 10x | as long as short |
| Paradex LINK-USD-PERP | +0.079% | +0.0048% | 8h | $32K | $2K | 20x | as long as short |
| Gate LINK_USDT | +0.084% | +0.0024% | 8h | $134.1M | $11.9M | 75x | as long as short |
| Hyperliquid LINK | +0.092% | +0.0100% | 1h | $79.9M | $20.7M | 10x | as long as short |
| Phemex LINKUSDT | +0.130% | +0.0316% | 8h | $20.5M | $11.1M | 50x | as long as short |
| Lighter LINK | +0.138% | +0.0016% | 1h | $2.1M | $2.7M | 10x | as long as short |
| Aster LINKUSDT | +0.145% | +0.0100% | 8h | $1.5M | $1.8M | 50x | as long as short |
| Kalshi KXLINKPERP | +0.165% | 0.0000% | 8h | $558K | $1.9M | 3.7x | as long as short |
| Pacifica LINK | +0.178% | +0.0100% | 1h | $273K | $153K | 10x | as long as short |
| Arcus LINK-USD | +0.207% | +0.0100% | 1h | $184K | $195K | 10x | as long as short |
| edgeX LINKUSDC | +0.228% | +0.0100% | 4h | $43K | $309K | 20x | as long as short |
| BloFin LINK-USDT | +0.230% | +0.0206% | 8h | $5.2M | $7.4M | 75x | as long as short |
| dYdX LINK-USD | +0.275% | 0.0000% | 1h | $346K | $60K | 10x | as long as short |
| Coinbase International LINK-PERP-INTX | +0.284% | +0.0056% | 1h | $995K | $2.4M | 50x | as long as short |
| ApeX Omni LINKUSDT | +0.315% | +0.0100% | 1h | $140K | $642K | 50x | as long as short |
| Variational Omni LINK | +0.359% | +0.0060% | 8h | $3.3M | $1.1M | — | as long as short |
| Phoenix LINK | +0.498% | −0.0097% | 1h | $4K | $38K | 10x | as long as short |
OKX LINK-USDT-SWAP
MEXC LINK_USDT
Injective
HTX
SoDEX
Bybit
Deribit
Binance
BingX
Bitget
gTrade (Gains Network)
Kraken Futures
SunX
Derive
Backpack
Extended
GMX
KuCoin
Polymarket Perps
Paradex
Gate
Hyperliquid
Phemex
Lighter
Aster
Pacifica
BloFin
Coinbase International
ApeX Omni
Variational Omni
Phoenix