ArbiLayer

LINK arbitrage

live

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

Best net spread-0.08%Variational → Gate · Perp–Perp
Best perp–perp spread+0.08%Variational → Gate
Markets tracked1912 venues · 11 perp · 7 spot · 1 DEX
Price range0.18%$13.41 – $13.44

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Bybit logoBybitspot$13.43Gate logoGate$13.43 -0.02%-0.22% -0.01%— +0.030%— LS Chart →
OKX logoOKXspot$13.43Gate logoGate$13.43 -0.03%-0.23% -0.02%— +0.030%— LS Chart →
Bybit logoBybitspot$13.43Aster logoAster$13.43 -0.03%-0.23% -0.02%— +0.030%— LS Chart →
Binance logoBinancespot$13.43Gate logoGate$13.43 -0.04%-0.24% -0.03%— +0.030%— LS Chart →
OKX logoOKXspot$13.43Aster logoAster$13.43 -0.04%-0.24% -0.03%— +0.030%— LS Chart →
Bybit logoBybitspot$13.43MEXC logoMEXC$13.43 -0.04%-0.24% -0.03%— +0.019%— LS Chart →
Bybit logoBybitspot$13.43KuCoin logoKuCoin$13.43 -0.04%-0.24% -0.03%— +0.007%— LS Chart →
Bybit logoBybitspot$13.43Hyperliquid logoHyperliquid$13.43 -0.04%-0.24% -0.04%— +0.030%— LS Chart →
Bitget logoBitgetspot$13.44Gate logoGate$13.43 -0.04%-0.24% -0.03%— +0.030%— LS Chart →
Binance logoBinancespot$13.43Aster logoAster$13.43 -0.04%-0.24% -0.03%— +0.030%— LS Chart →
OKX logoOKXspot$13.43MEXC logoMEXC$13.43 -0.04%-0.24% -0.04%— +0.019%— LS Chart →
OKX logoOKXspot$13.43KuCoin logoKuCoin$13.43 -0.04%-0.24% -0.04%— +0.007%— LS Chart →
Bybit logoBybitspot$13.43Binance logoBinance$13.43 -0.04%-0.24% -0.04%— +0.019%— LS Chart →
Bybit logoBybitspot$13.43OKX logoOKX$13.43 -0.04%-0.24% -0.04%— +0.018%— LS Chart →
KuCoin logoKuCoinspot$13.44Gate logoGate$13.43 -0.05%-0.25% -0.04%— +0.030%— 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 $13.43$13.43$13.43-0.01% +0.019%$68.01M
OKX logoOKXPerpetual · LINK-USDT-SWAPPerpetual $13.43$13.43$13.43-0.01% +0.018%$48.89M
Bybit logoBybitPerpetual · LINKUSDTPerpetual $13.42$13.42$13.42-0.04% +0.003%$47.42M
Bitget logoBitgetPerpetual · LINKUSDTPerpetual $13.42$13.43$13.42-0.03% +0.030%$22.42M
KuCoin logoKuCoinSpot · LINK-USDTSpot $13.44$13.44$13.44+0.05% —$21.28M
Bybit logoBybitSpot · LINKUSDTSpot $13.43$13.43$13.43+0.02% —$17.94M
Hyperliquid logoHyperliquidPerpetual · LINKPerpetual $13.43$13.43$13.43-0.00% +0.030%$12.67M
Gate logoGateSpot · LINK_USDTSpot $13.44$13.44$13.44+0.07% —$12.50M
KuCoin logoKuCoinPerpetual · LINKUSDTMPerpetual $13.43$13.43$13.43-0.01% +0.007%$11.76M
OKX logoOKXSpot · LINK-USDTSpot $13.43$13.43$13.43+0.03% —$10.88M
Bitget logoBitgetSpot · LINKUSDTSpot $13.43$13.44$13.43+0.04% —$2.16M
Uniswap · Ethereum logoUniswap · EthereumDEX pool · ethereum · 0x5149…86caDEX pool $13.40$13.48$13.44+0.09% —$783.4K
HTX logoHTXPerpetual · LINK-USDTPerpetual $13.42$13.43$13.42-0.03% +0.030%$766.9K
Gate logoGatePerpetual · LINK_USDTPerpetual $13.43$13.43$13.43+0.01% +0.030%$561.3K
Variational logoVariationalPerpetual · LINKPerpetual $13.41$13.42$13.41-0.11% +0.006%$366.3K
Binance logoBinancePerpetual · LINKUSDTPerpetual $13.43$13.43$13.43-0.01% +0.019%—
Aster logoAsterPerpetual · LINKUSDTPerpetual $13.43$13.43$13.43+0.00% +0.030%—
Binance logoBinanceSpot · LINKUSDTSpot $13.43$13.43$13.43+0.04% ——
MEXC logoMEXCSpot · LINKUSDTSpot $13.43$13.44$13.43+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 Variational perp at $13.42 and the highest bid on Gate spot at $13.44.

The widest LINK perpetual spread is between Variational and Gate: long LINK on Variational at $13.42 and short on Gate at $13.43 for +0.08% gross, or -0.08% 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 +0.024% 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 Gate: -0.02% gross, -0.22% net, with +0.030% a day of funding on the short leg.

Spot–spot LINK arbitrage (buy on Bybit, withdraw, deposit and sell on Gate) shows +0.04% 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): +0.08% gross and -0.08% 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 $13.42, and Gate (spot) the highest bid at $13.44. 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 (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

CRO +16.96%OKB +14.58%POWER +14.49%BLAST +10.52%UPC +7.62%ESPORTS +6.79%C98 +6.18%OPENAI +6.14%ONE +4.89%BDX +4.86%AI +4.27%ANTHROPIC +3.38%CATE +3.25%H100 +3.13%ZIL +2.95%EGLD +2.92%SPCX +2.82%OURA +2.73%