After costs, if the gap returns to its 7d average, $10k−$41
spread now−0.029%7d average−0.029%fees + slippage, in and out−$41spread needed0.414%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica LINK | 12.897 | 0.0100 | pay 0.0013% / 1h | 44m 05s | $272K | $167K | 10x |
| Short | OKX LINK-USDT-SWAP | 12.893 | −0.0026 | pay 0.0026% / 8h | 5h 44m | $26.8M | $84.8M | 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
- −$2.95
- Funding while held
- −$3.79
- Slippage, 4 orders
- −$23.35
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$48.09
- Spread needed to break even
- 0.414%
Slippage from Pacifica: live order book, 56 min ago; OKX: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0126%
- Per $10,000 a day
- −$3.79
- 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 Pacifica live order book, 56 min ago | 5.83 bp | 11.2 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.39 bp | 8.0 bp −$8 | 13.3 bp −$133 | 29.0 bp −$2,898 | 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 | −3.852% | +0.0033% | 1h | $4K | $48K | 12x | as long as short |
| HTX LINK-USDT | −0.410% | +0.0100% | 8h | $623K | $928K | 75x | as long as short |
| Phoenix LINK | −0.118% | −0.0012% | 1h | $7K | $68K | 10x | as long as short |
| Variational Omni LINK | −0.108% | −0.0126% | 8h | $3.2M | $1.2M | — | as long as short |
| edgeX LINKUSDC | −0.095% | +0.0100% | 4h | $43K | $308K | 20x | as long as short |
| ApeX Omni LINKUSDT | −0.076% | +0.0100% | 1h | $130K | $651K | 50x | as long as short |
| Nado LINK-PERP | −0.045% | +0.0100% | 1h | $426K | $282K | 10x | as long as short |
| Bybit LINKUSDT | −0.037% | −0.0183% | 8h | $82.3M | $64.1M | 75x | as long as short |
| Extended LINK-USD | −0.035% | +0.0104% | 1h | $651K | $1.8M | 25x | as long as short |
| OKX LINK-USDT-SWAPshort | −0.029% | −0.0026% | 8h | $26.8M | $84.8M | 50x |
Show all 39 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex LINK-USD-PERP | −0.029% | +0.0088% | 8h | $31K | $2K | 20x | as long as short |
| BloFin LINK-USDT | −0.014% | +0.0165% | 8h | $5.2M | $13.9M | 75x | as long as short |
| Pacifica LINKlong | 0.000% | +0.0100% | 1h | $272K | $167K | 10x | |
| Reya LINKRUSDPERP | 0.000% | +0.0364% | 1h | $4K | $400 | 20x | as long as short |
| Bitget LINKUSDT | +0.002% | +0.0087% | 8h | $53.8M | $29.3M | 75x | as long as short |
| Binance LINKUSDT | +0.005% | +0.0045% | 8h | $116.8M | $288.7M | 75x | as long as short |
| BingX LINK-USDC | +0.009% | +0.0086% | 8h | — | $6.6M | — | as long as short |
| Derive LINK-PERP | +0.014% | +0.0100% | 1h | $24K | $13K | 10x | as long as short |
| dYdX LINK-USD | +0.018% | 0.0000% | 1h | $342K | $60K | 10x | as long as short |
| Gate LINK_USDT | +0.025% | +0.0069% | 8h | $129.6M | $12.1M | 75x | as long as short |
| MEXC LINK_USDT | +0.025% | +0.0044% | 8h | $33.1M | $55.6M | 300x | as long as short |
| Polymarket Perps LINK-USD | +0.033% | +0.0100% | 1h | $77K | $56K | 10x | as long as short |
| SoDEX LINK-USD | +0.033% | +0.0100% | 1h | $4K | $39K | 10x | as long as short |
| Coinbase International LINK-PERP-INTX | +0.040% | +0.0008% | 1h | $993K | $2.7M | 50x | as long as short |
| Kalshi KXLINKPERP | +0.043% | 0.0000% | 8h | $467K | $2.3M | 3.7x | as long as short |
| Lighter LINK | +0.047% | +0.0096% | 1h | $2.0M | $2.3M | 10x | as long as short |
| KuCoin LINKUSDTM | +0.048% | +0.0100% | 8h | $21.3M | $16.6M | 75x | as long as short |
| Aevo LINK-PERP | +0.052% | +0.0096% | 1h | $543K | $340 | 3x | as long as short |
| gTrade (Gains Network) LINK/USD | +0.056% | L +0.0004% / S −0.0011% | 1h | $238K | — | 150x | as long as short |
| GMX LINK/USD [LINK-USDC] | +0.063% | L −0.0091% / S +0.0165% | 1h | $1.7M | — | 200x | as long as short |
| Arcus LINK-USD | +0.064% | +0.0100% | 1h | $181K | $126K | 10x | as long as short |
| Orderly PERP_LINK_USDC | +0.064% | +0.0070% | 8h | $142K | $1.7M | 20x | as long as short |
| Aster LINKUSDT | +0.064% | +0.0100% | 8h | $1.4M | $2.4M | 50x | as long as short |
| Hyperliquid LINK | +0.079% | +0.0100% | 1h | $75.3M | $22.3M | 10x | as long as short |
| Kraken Futures PF_LINKUSD | +0.081% | −0.0167% | 1h | $6.0M | $6.4M | 50x | as long as short |
| SunX LINK-USDT | +0.085% | +0.0100% | 8h | $33K | $1.5M | 30x | as long as short |
| Deribit LINK_USDC-PERPETUAL | +0.086% | 0.0000% | 1h | $685K | $106K | 50x | as long as short |
| Backpack LINK_USDC_PERP | +0.102% | +0.0100% | 1h | $351K | $372K | 15x | as long as short |
| Phemex LINKUSDT | +0.118% | +0.0368% | 8h | $20.1M | $11.2M | 50x | as long as short |
Pacifica LINK
OKX LINK-USDT-SWAP
Injective
HTX
Phoenix
Variational Omni
ApeX Omni
Bybit
Extended
Paradex
BloFin
Bitget
Binance
BingX
Derive
Gate
MEXC
Polymarket Perps
SoDEX
Coinbase International
Lighter
KuCoin
gTrade (Gains Network)
GMX
Aster
Hyperliquid
Kraken Futures
SunX
Deribit
Backpack
Phemex