Funding you earn now, next payment 23:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h −0.037%
Price spread now: Bybit against Injective+0.819%58s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Bybit is 0.819% dearer against Injective than usual: you sell high and buy low (spread +0.819% now, against zero (this spread has no 7-day history yet)): +$82 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 28 days. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective LINEA/USDC PERP | 0.002810 | 0.0033 | pay 0.0004% / 1h | 40m 24s | $734 | $39K | 5.5x |
| Short | Bybit LINEAUSDT | 0.002833 | −0.0063 | pay 0.0031% / 4h | 1h 40m | $2.9M | $763K | 50x |
Injective LINEA/USDC PERP
Bybit LINEAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Injective. 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
- −$20.22
- Price spread: +0.819% → 0.000%
- $81.85
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $50.61
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Bybit: live order book, 2 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 Injective no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 2 min ago | 3.53 bp | 43.2 bp −$43 | 224.0 bp −$2,240 | doesn't fit | doesn't fit |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit LINEAUSDTshort | −0.0063% | 4h | 0.002833 | +0.819% | $2.9M | $763K | 50x | |
| Injective LINEA/USDC PERPlong | +0.0033% | 1h | 0.002810 | long leg | $734 | $39K | 5.5x | |
| Lighter LINEA | +0.0096% | 1h | 0.002839 | +1.032% | $109K | $55K | 3x | as long as short |
| Hyperliquid LINEA | +0.0100% | 1h | 0.002846 | +1.281% | $2.7M | $254K | 3x | as long as short |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002838 | +1.009% | $20K | $13 | 5x | as long as short |
| Binance LINEAUSDT | +0.0100% | 4h | 0.002835 | +0.887% | $4.0M | $3.5M | 50x | as long as short |
| OKX LINEA-USDT-SWAP | +0.0100% | 4h | 0.002831 | +0.747% | $1.2M | $921K | 50x | as long as short |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002834 | +0.854% | $242K | $61K | 50x | as long as short |
| MEXC LINEA_USDT | +0.0100% | 4h | 0.002835 | +0.890% | $3.9M | $1.1M | 100x | as long as short |
| KuCoin LINEAUSDTM | +0.0100% | 4h | 0.002837 | +0.961% | $542K | $50K | 50x | as long as short |
Lighter LINEA
Hyperliquid LINEA
Aster LINEAUSDT
Binance 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 | 0.002836 | +0.925% | $1.1M | $480K | 50x | as long as short |
| BingX LINEA-USDT | +0.0100% | 4h | 0.002836 | +0.925% | — | $2.6M | — | as long as short |
| Variational Omni LINEA | +0.0100% | 4h | 0.002833 | +0.807% | $113K | $59K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002832 | +0.783% | $144K | $2.3M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002830 | +0.712% | $2K | $19K | 50x | as long as short |
| SunX LINEA-USDT | +0.0100% | 4h | 0.002890 | +2.847% | $1K | $1.4M | 20x | as long as short |
| Extended LINEA-USD | +0.0104% | 1h | 0.002834 | +0.870% | $12K | $177K | 10x | as long as short |
| BloFin LINEA-USDT | +0.0144% | 4h | 0.002833 | +0.819% | $217K | $16K | 50x | as long as short |
| Reya LINEARUSDPERP | +0.0269% | 1h | 0.002835 | +0.889% | $4K | — | 3x | as long as short |
| Backpack LINEA_USDC_PERP | +0.0333% | 1h | 0.002837 | +0.943% | $85K | $51K | 10x | as long as short |
| GMX LINEA/USD [ETH-USDC] | L +0.0448% / S −0.0181% | 1h | 0.002838 | +0.996% | $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
BloFin LINEA-USDT
Reya LINEARUSDPERP
Backpack LINEA_USDC_PERP
GMX LINEA/USD [ETH-USDC]