Funding you earn now, next payment 05:00 UTC+0.0109%/8h= +12.0% APRpaid last 24h +0.030%
Price spread now: Gate against Backpack+0.184%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+0.346%+$35 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 +$3 a day on $10k at the current rate, and Gate is 0.184% 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 | 0.002833 | −0.0009 | get 0.0001% / 1h | 9m 34s | $89K | $61K | 10x |
| Short | Gate LINEA_USDT | 0.002838 | 0.0100 | get 0.0050% / 4h | 3h 09m | $231K | $79K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $22.99
- Price spread: +0.184% → 0.000%
- $18.36
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $16.35
- Costs to cover
- 0.250%
- Break-even
- 2.0 days
Slippage unknown: Backpack: no order-book sample; Gate: live order book, 37 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 Gate live order book, 37 min ago | 13.96 bp | 201.4 bp −$201 | doesn't fit | 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 | −0.0009% | 1h | 0.002833 | long leg | $89K | $61K | 10x | |
| Injective LINEA/USDC PERP | +0.0033% | 1h | 0.002810 | −0.805% | $734 | $39K | 5.5x | as long as short |
| Lighter LINEA | +0.0096% | 1h | 0.002839 | +0.219% | $111K | $56K | 3x | as long as short |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002835 | +0.076% | $20K | $2K | 5x | as long as short |
| Binance LINEAUSDT | +0.0100% | 4h | 0.002832 | −0.018% | $4.1M | $4.1M | 50x | as long as short |
| Bybit LINEAUSDT | +0.0100% | 4h | 0.002825 | −0.275% | $2.9M | $860K | 50x | as long as short |
| OKX LINEA-USDT-SWAP | +0.0100% | 4h | 0.002825 | −0.275% | $1.2M | $974K | 50x | as long as short |
| Gate LINEA_USDTshort | +0.0100% | 4h | 0.002838 | +0.184% | $231K | $79K | 50x | |
| MEXC LINEA_USDT | +0.0100% | 4h | 0.002832 | −0.028% | $3.9M | $1.1M | 100x | as long as short |
| KuCoin LINEAUSDTM | +0.0100% | 4h | 0.002837 | +0.148% | $565K | $61K | 50x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget LINEAUSDT | +0.0100% | 4h | 0.002836 | +0.113% | $1.1M | $478K | 50x | as long as short |
| BingX LINEA-USDT | +0.0100% | 4h | 0.002831 | −0.064% | — | $2.6M | — | as long as short |
| Variational Omni LINEA | +0.0100% | 4h | 0.002829 | −0.135% | $109K | $55K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002845 | +0.431% | $149K | $2.3M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002830 | −0.099% | $2K | $20K | 50x | as long as short |
| SunX LINEA-USDT | +0.0100% | 4h | 0.002890 | +2.019% | $1K | $1.7M | 20x | as long as short |
| Extended LINEA-USD | +0.0104% | 1h | 0.002831 | −0.072% | $9K | $126K | 10x | as long as short |
| BloFin LINEA-USDT | +0.0115% | 4h | 0.002844 | +0.395% | $217K | $29K | 50x | as long as short |
| Reya LINEARUSDPERP | +0.0275% | 1h | 0.002832 | −0.016% | $4K | — | 3x | as long as short |
| GMX LINEA/USD [ETH-USDC] | L +0.0450% / S −0.0179% | 1h | 0.002832 | −0.028% | $32K | — | 100x | as long as short |
| Hyperliquid LINEA | +0.0647% | 1h | 0.002843 | +0.360% | $2.7M | $283K | 3x | as long as short |
Backpack LINEA_USDC_PERP
Gate LINEA_USDT
Injective LINEA/USDC PERP
Lighter LINEA
Aster LINEAUSDT
Binance LINEAUSDT
Bybit LINEAUSDT
OKX LINEA-USDT-SWAP
MEXC LINEA_USDT
KuCoin LINEAUSDTM
Bitget LINEAUSDT
BingX LINEA-USDT
Variational Omni LINEA
GRVT LINEA_USDT_Perp
ApeX Omni LINEAUSDT
SunX LINEA-USDT
Extended LINEA-USD
BloFin LINEA-USDT
GMX LINEA/USD [ETH-USDC]
Hyperliquid LINEA