Funding you earn now, next payment 04:00 UTC+0.0177%/8h= +19.4% APRpaid last 24h +0.023%
Price spread now: Binance against Backpack+0.178%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.363%+$36 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Binance is 0.178% dearer against Backpack than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack LINEA_USDC_PERP | 0.002859 | −0.0077 | get 0.0010% / 1h | 56m 17s | $90K | $61K | 10x |
| Short | Binance LINEAUSDT | 0.002864 | 0.0100 | get 0.0050% / 4h | 56m 17s | $4.1M | $3.8M | 50x |
Backpack LINEA_USDC_PERP
Binance LINEAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Backpack. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $37.15
- Price spread: +0.178% → 0.000%
- $17.84
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $34.99
- Costs to cover
- 0.200%
- Break-even
- 0.4 days
Slippage unknown: Backpack: no order-book sample; Binance: live order book, 11 min ago. Net counts fees only.
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 Backpack no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 11 min ago | 3.50 bp | 15.8 bp −$16 | 52.5 bp −$525 | doesn't fit | doesn't fit |
Backpack: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
LINEA on 21 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack LINEA_USDC_PERPlong | −0.0077% | 1h | 0.002859 | long leg | $90K | $61K | 10x | |
| Injective LINEA/USDC PERP | +0.0033% | 1h | 0.002810 | −1.717% | $734 | $39K | 5.5x | as long as short |
| BloFin LINEA-USDT | +0.0059% | 4h | 0.002851 | −0.283% | $221K | $30K | 50x | as long as short |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002861 | +0.074% | $20K | $13 | 5x | as long as short |
| Binance LINEAUSDTshort | +0.0100% | 4h | 0.002864 | +0.178% | $4.1M | $3.8M | 50x | |
| Bybit LINEAUSDT | +0.0100% | 4h | 0.002861 | +0.066% | $2.9M | $831K | 50x | as long as short |
| OKX LINEA-USDT-SWAP | +0.0100% | 4h | 0.002860 | +0.031% | $1.2M | $960K | 50x | as long as short |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002864 | +0.171% | $236K | $76K | 50x | as long as short |
| MEXC LINEA_USDT | +0.0100% | 4h | 0.002864 | +0.171% | $3.9M | $1.1M | 100x | as long as short |
| KuCoin LINEAUSDTM | +0.0100% | 4h | 0.002861 | +0.066% | $570K | $61K | 50x | as long as short |
Injective LINEA/USDC PERP
BloFin LINEA-USDT
Aster LINEAUSDT
Bybit LINEAUSDT
OKX LINEA-USDT-SWAP
Gate LINEA_USDT
MEXC LINEA_USDT
KuCoin LINEAUSDTMShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget LINEAUSDT | +0.0100% | 4h | 0.002865 | +0.206% | $1.1M | $467K | 50x | as long as short |
| BingX LINEA-USDT | +0.0100% | 4h | 0.002863 | +0.136% | — | $2.6M | — | as long as short |
| Variational Omni LINEA | +0.0100% | 4h | 0.002849 | −0.356% | $110K | $56K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002859 | −0.005% | $140K | $2.3M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002860 | +0.031% | $2K | $20K | 50x | as long as short |
| SunX LINEA-USDT | +0.0100% | 4h | 0.002920 | +2.130% | $1K | $1.6M | 20x | as long as short |
| Extended LINEA-USD | +0.0104% | 1h | 0.002863 | +0.132% | $10K | $162K | 10x | as long as short |
| Lighter LINEA | +0.0168% | 1h | 0.002867 | +0.276% | $114K | $55K | 3x | as long as short |
| Reya LINEARUSDPERP | +0.0273% | 1h | 0.002863 | +0.151% | $4K | — | 3x | as long as short |
| Hyperliquid LINEA | +0.0387% | 1h | 0.002871 | +0.416% | $2.8M | $278K | 3x | as long as short |
| GMX LINEA/USD [ETH-USDC] | L +0.0454% / S −0.0181% | 1h | 0.002864 | +0.171% | $32K | — | 100x | as long as short |
Bitget LINEAUSDT
BingX LINEA-USDT
Variational Omni LINEA
GRVT LINEA_USDT_Perp
ApeX Omni LINEAUSDT
SunX LINEA-USDT
Extended LINEA-USD
Lighter LINEA
Reya LINEARUSDPERP
Hyperliquid LINEA
GMX LINEA/USD [ETH-USDC]