data as of
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Price arb /

LINK

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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−$41
spread now+0.020%7d average+0.002%fees + slippage, in and out−$43spread needed0.430%
Long on PacificaShort on Kraken Futures
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica LINK12.8750.0100pay 0.0013% / 1h31m 41s$270K$162K10x
ShortKraken Futures PF_LINKUSD12.878−0.0329pay 0.0041% / 1h31m 41s$6.0M$6.5M50x

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
$2.03
Funding while held
−$12.86
Slippage, 4 orders
−$25.03
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$53.86
Spread needed to break even
0.430%
Slippage from Pacifica: live order book, 8 min ago; Kraken Futures: live order book, 4 min ago.

Cost of waiting

funding view
Funding /8h
−0.0429%
Per $10,000 a day
−$12.86
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 Pacifica live order book, 8 min ago5.83 bp11.2 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures live order book, 4 min ago2.72 bp7.7 bp −$88.6 bp −$8643.7 bp −$4,369doesn't fit

LINK price on every exchange

against the cheapest. Click to use as the short leg.
Injective12.400cheapestVariational Omni12.809+3.302%Phoenix12.844+3.577%HTX12.852+3.649%Nado12.854+3.665%Reya12.856+3.679%Paradex12.858+3.691%Polymarket Perps12.858+3.694%Coinbase International12.860+3.710%edgeX12.861+3.721%ApeX Omni12.862+3.726%Derive12.865+3.752%Arcus12.867+3.766%SoDEX12.870+3.790%Bybit12.871+3.798%Orderly12.872+3.806%GMX12.872+3.809%Aevo12.873+3.810%gTrade (Gains Network)12.873+3.811%Extended12.873+3.814%OKX12.873+3.815%MEXC12.873+3.815%BingX12.873+3.815%Bitget12.874+3.823%Kalshi12.875+3.828%Deribit12.875+3.831%
Pacifica12.875+3.834%
Binance12.876+3.835%Gate12.876+3.839%KuCoin12.876+3.839%BloFin12.876+3.839%
Kraken Futures12.878+3.855%
dYdX12.880+3.871%SunX12.881+3.879%Phemex12.881+3.879%Aster12.881+3.881%Lighter12.881+3.882%Hyperliquid12.883+3.895%Backpack12.886+3.919%

LINK on 39 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective LINK/USDC PERP−3.692%+0.0033%1h$4K$48K12xas long as short
Variational Omni LINK−0.512%−0.0090%8h$3.2M$1.2M—as long as short
Phoenix LINK−0.247%−0.0080%1h$3K$46K10xas long as short
HTX LINK-USDT−0.178%+0.0072%8h$622K$970K75xas long as short
Nado LINK-PERP−0.162%+0.0100%1h$423K$302K10xas long as short
Reya LINKRUSDPERP−0.148%+0.0362%1h$4K$40020xas long as short
Paradex LINK-USD-PERP−0.138%+0.0064%8h$31K$2K20xas long as short
Polymarket Perps LINK-USD−0.135%+0.0100%1h$77K$55K10xas long as short
Coinbase International LINK-PERP-INTX−0.119%+0.0072%1h$984K$2.5M50xas long as short
edgeX LINKUSDC−0.109%+0.0100%4h$43K$307K20xas long as short
Show all 39 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
ApeX Omni LINKUSDT−0.104%+0.0100%1h$130K$649K50xas long as short
Derive LINK-PERP−0.079%+0.0100%1h$27K$10K10xas long as short
Arcus LINK-USD−0.065%+0.0100%1h$181K$186K10xas long as short
SoDEX LINK-USD−0.042%+0.0053%1h$8K$36K10xas long as short
Bybit LINKUSDT−0.034%−0.0133%8h$81.7M$61.5M75xas long as short
Orderly PERP_LINK_USDC−0.026%+0.0070%8h$137K$1.7M20xas long as short
GMX LINK/USD [LINK-USDC]−0.023%L −0.0093% / S +0.0164%1h$1.7M—200xas long as short
Aevo LINK-PERP−0.022%+0.0088%1h$542K$3403xas long as short
gTrade (Gains Network) LINK/USD−0.021%L +0.0004% / S −0.0007%1h$174K—150xas long as short
Extended LINK-USD−0.019%+0.0016%1h$666K$1.8M25xas long as short
OKX LINK-USDT-SWAP−0.018%−0.0041%8h$26.9M$85.5M50xas long as short
MEXC LINK_USDT−0.018%+0.0023%8h$31.1M$56.7M300xas long as short
BingX LINK-USDT−0.018%+0.0087%8h—$19.8M—as long as short
Bitget LINKUSDT−0.011%+0.0087%8h$53.7M$29.1M75xas long as short
Kalshi KXLINKPERP−0.005%0.0000%8h$459K$2.2M3.7xas long as short
Deribit LINK_USDC-PERPETUAL−0.002%0.0000%1h$684K$105K50xas long as short
Pacifica LINKlong0.000%+0.0100%1h$270K$162K10x
Binance LINKUSDT+0.002%+0.0024%8h$117.9M$285.1M75xas long as short
Gate LINK_USDT+0.005%+0.0004%8h$129.8M$11.8M75xas long as short
KuCoin LINKUSDTM+0.005%+0.0100%8h$21.0M$16.6M75xas long as short
BloFin LINK-USDT+0.005%+0.0095%8h$5.2M$13.0M75xas long as short
Kraken Futures PF_LINKUSDshort+0.020%−0.0329%1h$6.0M$6.5M50x
dYdX LINK-USD+0.036%0.0000%1h$341K$60K10xas long as short
SunX LINK-USDT+0.044%+0.0100%8h$33K$1.5M30xas long as short
Phemex LINKUSDT+0.044%+0.0424%8h$20.1M$11.2M50xas long as short
Aster LINKUSDT+0.046%+0.0100%8h$1.4M$2.4M50xas long as short
Lighter LINK+0.046%+0.0096%1h$2.0M$2.4M10xas long as short
Hyperliquid LINK+0.059%+0.0100%1h$75.6M$21.9M10xas long as short
Backpack LINK_USDC_PERP+0.083%+0.0100%1h$350K$375K15xas long as short