ArbiLayer

LINK arbitrage

live

Live Chainlink price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.12%Binance → Variational · Perp–Perp
Best perp–perp spread+0.04%Binance → Variational
Markets tracked1811 venues · 11 perp · 7 spot · 0 DEX
Price range0.11%$13.12 – $13.13

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
No venue pairs for this coin in this mode right now.
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

LINK price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
MEXC logoMEXCPerpetual · LINK_USDTPerpetual $13.12$13.12$13.12-0.03% +0.004%$76.50M
Bybit logoBybitPerpetual · LINKUSDTPerpetual $13.12$13.12$13.12-0.02% +0.009%$45.29M
OKX logoOKXPerpetual · LINK-USDT-SWAPPerpetual $13.12$13.12$13.12-0.01% +0.010%$40.17M
Bitget logoBitgetPerpetual · LINKUSDTPerpetual $13.12$13.12$13.12-0.02% +0.030%$23.45M
KuCoin logoKuCoinSpot · LINK-USDTSpot $13.13$13.13$13.13+0.03% —$19.57M
Bybit logoBybitSpot · LINKUSDTSpot $13.13$13.13$13.13+0.07% —$13.22M
Gate logoGateSpot · LINK_USDTSpot $13.13$13.13$13.13+0.06% —$11.52M
Hyperliquid logoHyperliquidPerpetual · LINKPerpetual $13.12$13.12$13.12+0.01% +0.030%$10.78M
OKX logoOKXSpot · LINK-USDTSpot $13.12$13.13$13.13+0.03% —$10.70M
KuCoin logoKuCoinPerpetual · LINKUSDTMPerpetual $13.12$13.12$13.12-0.01% +0.008%$8.43M
Bitget logoBitgetSpot · LINKUSDTSpot $13.13$13.13$13.13+0.07% —$2.26M
HTX logoHTXPerpetual · LINK-USDTPerpetual $13.11$13.12$13.12-0.04% +0.030%$598.2K
Gate logoGatePerpetual · LINK_USDTPerpetual $13.12$13.12$13.12-0.01% -0.000%$546.5K
Variational logoVariationalPerpetual · LINKPerpetual $13.12$13.13$13.13+0.04% +0.003%$396.0K
Binance logoBinancePerpetual · LINKUSDTPerpetual $13.12$13.12$13.12-0.03% +0.004%—
Aster logoAsterPerpetual · LINKUSDTPerpetual $13.12$13.12$13.12-0.01% +0.030%—
Binance logoBinanceSpot · LINKUSDTSpot $13.13$13.13$13.13+0.05% ——
MEXC logoMEXCSpot · LINKUSDTSpot $13.13$13.13$13.13+0.04% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

LINK arbitrage explained

Right now Chainlink (LINK) trades on 11 venues we scan: 11 perpetual markets, 7 spot markets and 0 DEX pools. The lowest ask is on Binance perp at $13.12 and the highest bid on Bybit spot at $13.13.

The widest LINK perpetual spread is between Binance and Variational: long LINK on Binance at $13.12 and short on Variational at $13.12 for +0.04% gross, or -0.12% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is -0.001% per day, which the position pays while it is open.

For a spot–perpetual (cash-and-carry) trade, the best LINK route is to buy spot on OKX and short the perpetual on Variational: -0.02% gross, -0.22% net, with +0.003% a day of funding on the short leg.

Spot–spot LINK arbitrage (buy on OKX, withdraw, deposit and sell on Bybit) shows +0.03% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small LINK gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: LINK funding rates · LINK spread charts · Chainlink price · arbitrage scanner for all coins.

Is there a LINK arbitrage opportunity right now?

The best LINK route right now is to buy on Binance → sell on Variational (Perp–Perp): +0.04% gross and -0.12% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest LINK?

Binance (perp) has the lowest LINK ask at $13.12, and Bybit (spot) the highest bid at $13.13. Prices update every 15 seconds on this page.

How many exchanges list LINK?

ArbiLayer tracks 18 LINK markets on 11 venues: 11 perpetual, 7 spot and 0 DEX pools.

How do I arbitrage LINK without transferring coins?

Use two perpetual contracts: go long LINK on the cheaper exchange (Binance now) and short it on the more expensive one (Variational), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins