ArbiLayer

LINK arbitrage

live

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

Best net spread-0.06%Variational → Gate · Perp–Perp
Best perp–perp spread+0.10%Variational → Gate
Markets tracked1811 venues · 11 perp · 7 spot · 0 DEX
Price range0.15%$13.56 – $13.58

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 $13.57$13.57$13.57-0.04% +0.015%$58.86M
OKX logoOKXPerpetual · LINK-USDT-SWAPPerpetual $13.58$13.58$13.58-0.01% +0.030%$42.69M
Bybit logoBybitPerpetual · LINKUSDTPerpetual $13.57$13.58$13.57-0.03% +0.030%$40.09M
Bitget logoBitgetPerpetual · LINKUSDTPerpetual $13.58$13.58$13.58-0.02% +0.030%$18.71M
Bybit logoBybitSpot · LINKUSDTSpot $13.58$13.58$13.58+0.03% —$18.55M
KuCoin logoKuCoinSpot · LINK-USDTSpot $13.58$13.58$13.58+0.03% —$16.77M
Gate logoGateSpot · LINK_USDTSpot $13.58$13.59$13.58+0.04% —$12.09M
Hyperliquid logoHyperliquidPerpetual · LINKPerpetual $13.58$13.58$13.58-0.01% +0.030%$11.62M
KuCoin logoKuCoinPerpetual · LINKUSDTMPerpetual $13.58$13.58$13.58-0.02% +0.030%$11.38M
OKX logoOKXSpot · LINK-USDTSpot $13.58$13.59$13.58+0.04% —$9.22M
Bitget logoBitgetSpot · LINKUSDTSpot $13.58$13.59$13.58+0.04% —$1.78M
HTX logoHTXPerpetual · LINK-USDTPerpetual $13.57$13.59$13.58+0.01% +0.030%$940.8K
Variational logoVariationalPerpetual · LINKPerpetual $13.56$13.57$13.56-0.11% +0.026%$477.2K
Gate logoGatePerpetual · LINK_USDTPerpetual $13.58$13.58$13.58+0.03% +0.020%$426.7K
Binance logoBinancePerpetual · LINKUSDTPerpetual $13.57$13.57$13.57-0.04% +0.015%—
Aster logoAsterPerpetual · LINKUSDTPerpetual $13.58$13.58$13.58-0.02% +0.030%—
Binance logoBinanceSpot · LINKUSDTSpot $13.58$13.58$13.58+0.02% ——
MEXC logoMEXCSpot · LINKUSDTSpot $13.58$13.59$13.58+0.03% ——
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 Variational perp at $13.57 and the highest bid on Gate spot at $13.58.

The widest LINK perpetual spread is between Variational and Gate: long LINK on Variational at $13.57 and short on Gate at $13.58 for +0.10% gross, or -0.06% 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 -0.005% 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 Binance and short the perpetual on Gate: 0.00% gross, -0.20% net, with +0.020% a day of funding on the short leg.

Spot–spot LINK arbitrage (buy on Binance, withdraw, deposit and sell on Gate) shows +0.01% 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 Variational → sell on Gate (Perp–Perp): +0.10% gross and -0.06% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest LINK?

Variational (perp) has the lowest LINK ask at $13.57, and Gate (spot) the highest bid at $13.58. 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 (Variational now) and short it on the more expensive one (Gate), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins