Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.010%
Price spread now: Bybit against Backpack−0.150%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.345%+$35 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.150% cheaper against Backpack than usual: you would sell low and buy high, −$15 on $10k if it 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 | 0.002857 | 0.0100 | pay 0.0013% / 1h | 16m 00s | $85K | $52K | 10x |
| Short | Bybit LINEAUSDT | 0.002853 | 0.0100 | get 0.0050% / 4h | 16m 00s | $2.9M | $779K | 50x |
Backpack LINEA_USDC_PERP
Bybit LINEAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: −0.150% → 0.000%
- −$15.05
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$36.05
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Backpack: no order-book sample; Bybit: live order book, 1 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 Bybit live order book, 1 min ago | 5.26 bp | 40.7 bp −$41 | 218.1 bp −$2,181 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective LINEA/USDC PERP | +0.0033% | 1h | 0.002810 | −1.655% | $734 | $39K | 5.5x | as long as short |
| BloFin LINEA-USDT | +0.0091% | 4h | 0.002852 | −0.185% | $216K | $16K | 50x | as long as short |
| Lighter LINEA | +0.0096% | 1h | 0.002858 | +0.024% | $110K | $54K | 3x | as long as short |
| Hyperliquid LINEA | +0.0100% | 1h | 0.002864 | +0.234% | $2.7M | $255K | 3x | as long as short |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002857 | −0.013% | $20K | $13 | 5x | as long as short |
| Binance LINEAUSDT | +0.0100% | 4h | 0.002856 | −0.045% | $4.1M | $3.6M | 50x | as long as short |
| Bybit LINEAUSDTshort | +0.0100% | 4h | 0.002853 | −0.150% | $2.9M | $779K | 50x | |
| OKX LINEA-USDT-SWAP | +0.0100% | 4h | 0.002849 | −0.290% | $1.2M | $936K | 50x | as long as short |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002860 | +0.094% | $244K | $62K | 50x | as long as short |
| MEXC LINEA_USDT | +0.0100% | 4h | 0.002856 | −0.045% | $3.9M | $1.1M | 100x | as long as short |
Injective LINEA/USDC PERP
BloFin LINEA-USDT
Lighter LINEA
Hyperliquid LINEA
Aster LINEAUSDT
Binance LINEAUSDT
OKX LINEA-USDT-SWAP
Gate LINEA_USDT
MEXC LINEA_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LINEAUSDTM | +0.0100% | 4h | 0.002855 | −0.080% | $543K | $52K | 50x | as long as short |
| Bitget LINEAUSDT | +0.0100% | 4h | 0.002857 | −0.010% | $1.1M | $479K | 50x | as long as short |
| BingX LINEA-USDT | +0.0100% | 4h | 0.002854 | −0.115% | — | $2.6M | — | as long as short |
| Backpack LINEA_USDC_PERPlong | +0.0100% | 1h | 0.002857 | long leg | $85K | $52K | 10x | |
| Variational Omni LINEA | +0.0100% | 4h | 0.002850 | −0.252% | $114K | $59K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002857 | −0.011% | $148K | $2.3M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002860 | +0.094% | $2K | $19K | 50x | as long as short |
| SunX LINEA-USDT | +0.0100% | 4h | 0.002910 | +1.844% | $2K | $1.5M | 20x | as long as short |
| Extended LINEA-USD | +0.0104% | 1h | 0.002854 | −0.099% | $12K | $177K | 10x | as long as short |
| Reya LINEARUSDPERP | +0.0271% | 1h | 0.002855 | −0.082% | $4K | — | 3x | as long as short |
| GMX LINEA/USD [ETH-USDC] | L +0.0450% / S −0.0181% | 1h | 0.002857 | −0.010% | $32K | — | 100x | as long as short |
KuCoin LINEAUSDTM
Bitget LINEAUSDT
BingX LINEA-USDT
Variational Omni LINEA
GRVT LINEA_USDT_Perp
ApeX Omni LINEAUSDT
SunX LINEA-USDT
Extended LINEA-USD
Reya LINEARUSDPERP
GMX LINEA/USD [ETH-USDC]