ArbiLayer

LINK arbitrage

live

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

Best net spread-0.14%Bybit → Variational · Perp–Perp
Best perp–perp spread+0.02%Bybit → Variational
Markets tracked1912 venues · 11 perp · 7 spot · 1 DEX
Price range0.10%$13.41 – $13.43

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Bybit logoBybit$13.41Variational logoVariational$13.42 +0.02%-0.14% +0.03%— +0.003%— LS Chart →
Bitget logoBitget$13.41Variational logoVariational$13.42 +0.02%-0.14% +0.02%— -0.024%— LS Chart →
Bybit logoBybit$13.41Gate logoGate$13.42 +0.02%-0.14% +0.03%— +0.027%— LS Chart →
Bybit logoBybit$13.41Aster logoAster$13.42 +0.02%-0.14% +0.03%— +0.027%— LS Chart →
Bitget logoBitget$13.41Gate logoGate$13.42 +0.02%-0.14% +0.02%— 0.000%— LS Chart →
Bitget logoBitget$13.41Aster logoAster$13.42 +0.02%-0.14% +0.02%— 0.000%— LS Chart →
OKX logoOKX$13.42Variational logoVariational$13.42 +0.02%-0.14% +0.01%— -0.012%— LS Chart →
OKX logoOKX$13.42Gate logoGate$13.42 +0.01%-0.15% +0.02%— +0.012%— LS Chart →
OKX logoOKX$13.42Aster logoAster$13.42 +0.01%-0.15% +0.02%— +0.012%— LS Chart →
Binance logoBinance$13.42Variational logoVariational$13.42 +0.01%-0.15% +0.01%— -0.013%— LS Chart →
MEXC logoMEXC$13.42Variational logoVariational$13.42 +0.01%-0.15% +0.01%— -0.013%— LS Chart →
Bybit logoBybit$13.41Binance logoBinance$13.42 +0.01%-0.15% +0.01%— +0.016%— LS Chart →
Bybit logoBybit$13.41MEXC logoMEXC$13.42 +0.01%-0.15% +0.01%— +0.015%— LS Chart →
Bybit logoBybit$13.41KuCoin logoKuCoin$13.42 +0.01%-0.15% +0.01%— +0.004%— LS Chart →
Bitget logoBitget$13.41Binance logoBinance$13.42 +0.01%-0.15% +0.00%— -0.011%— LS Chart →
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 $13.42$13.42$13.42-0.02% +0.019%$68.00M
OKX logoOKXPerpetual · LINK-USDT-SWAPPerpetual $13.41$13.42$13.41-0.03% +0.018%$48.83M
Bybit logoBybitPerpetual · LINKUSDTPerpetual $13.41$13.41$13.41-0.03% +0.003%$47.41M
Bitget logoBitgetPerpetual · LINKUSDTPerpetual $13.41$13.41$13.41-0.03% +0.030%$22.41M
KuCoin logoKuCoinSpot · LINK-USDTSpot $13.43$13.43$13.43+0.06% —$21.26M
Bybit logoBybitSpot · LINKUSDTSpot $13.42$13.42$13.42+0.03% —$17.94M
Hyperliquid logoHyperliquidPerpetual · LINKPerpetual $13.41$13.42$13.42-0.01% +0.030%$12.67M
Gate logoGateSpot · LINK_USDTSpot $13.42$13.43$13.42+0.05% —$12.51M
KuCoin logoKuCoinPerpetual · LINKUSDTMPerpetual $13.42$13.42$13.42-0.01% +0.007%$11.76M
OKX logoOKXSpot · LINK-USDTSpot $13.42$13.42$13.42+0.03% —$10.88M
Bitget logoBitgetSpot · LINKUSDTSpot $13.43$13.43$13.43+0.06% —$2.16M
Uniswap · Ethereum logoUniswap · EthereumDEX pool · ethereum · 0x5149…86caDEX pool $13.40$13.48$13.44+0.16% —$783.4K
HTX logoHTXPerpetual · LINK-USDTPerpetual $13.41$13.42$13.41-0.03% +0.030%$766.9K
Gate logoGatePerpetual · LINK_USDTPerpetual $13.42$13.42$13.42-0.00% +0.030%$560.9K
Variational logoVariationalPerpetual · LINKPerpetual $13.42$13.43$13.42+0.03% +0.006%$366.3K
Binance logoBinancePerpetual · LINKUSDTPerpetual $13.42$13.42$13.42-0.02% +0.019%—
Aster logoAsterPerpetual · LINKUSDTPerpetual $13.42$13.42$13.42+0.00% +0.030%—
Binance logoBinanceSpot · LINKUSDTSpot $13.42$13.43$13.42+0.05% ——
MEXC logoMEXCSpot · LINKUSDTSpot $13.42$13.43$13.42+0.05% ——
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 12 venues we scan: 11 perpetual markets, 7 spot markets and 1 DEX pool. The lowest ask is on Bybit perp at $13.41 and the highest bid on KuCoin spot at $13.43.

The widest LINK perpetual spread is between Bybit and Variational: long LINK on Bybit at $13.41 and short on Variational at $13.42 for +0.02% gross, or -0.14% 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 +0.003% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best LINK route is to buy spot on Bybit and short the perpetual on Variational: -0.04% gross, -0.24% net, with +0.006% a day of funding on the short leg.

Spot–spot LINK arbitrage (buy on Bybit, withdraw, deposit and sell on KuCoin) 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 Bybit → sell on Variational (Perp–Perp): +0.02% gross and -0.14% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest LINK?

Bybit (perp) has the lowest LINK ask at $13.41, and KuCoin (spot) the highest bid at $13.43. Prices update every 15 seconds on this page.

How many exchanges list LINK?

ArbiLayer tracks 19 LINK markets on 12 venues: 11 perpetual, 7 spot and 1 DEX pool.

How do I arbitrage LINK without transferring coins?

Use two perpetual contracts: go long LINK on the cheaper exchange (Bybit 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

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