Funding you earn now, next payment 10:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.005%
Price spread now: Injective against Binance−0.248%87s7-day average — · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.248% cheaper against Binance than usual: you would sell low and buy high (−$25 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 87 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 | Binance LINEAUSDT | 0.002817 | 0.0100 | pay 0.0050% / 4h | 2h 55m | $4.0M | $4.0M | 50x |
| Short | Injective LINEA/USDC PERP | 0.002810 | 0.0033 | get 0.0004% / 1h | 55m 55s | $734 | $39K | 5.5x |
Binance LINEAUSDT
Injective LINEA/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Binance. 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
- −$14
- Price spread: −0.248% → 0.000%
- −$24.85
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$48.87
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 11 min ago; Injective: no order-book sample. 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 Binance live order book, 11 min ago | 1.77 bp | 13.4 bp −$13 | 61.0 bp −$610 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 LINEAUSDT | −0.0580% | 4h | 0.002812 | −0.177% | $2.8M | $1.1M | 50x | as long as short |
| Backpack LINEA_USDC_PERP | −0.0308% | 1h | 0.002822 | +0.163% | $88K | $61K | 10x | as long as short |
| Injective LINEA/USDC PERPshort | +0.0033% | 1h | 0.002810 | −0.248% | $734 | $39K | 5.5x | |
| BloFin LINEA-USDT | +0.0044% | 4h | 0.002830 | +0.461% | $211K | $30K | 50x | as long as short |
| Lighter LINEA | +0.0096% | 1h | 0.002831 | +0.497% | $111K | $46K | 3x | as long as short |
| Hyperliquid LINEA | +0.0100% | 1h | 0.002832 | +0.532% | $2.7M | $312K | 3x | as long as short |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002822 | +0.183% | $20K | $3K | 5x | as long as short |
| Binance LINEAUSDTlong | +0.0100% | 4h | 0.002817 | long leg | $4.0M | $4.0M | 50x | |
| OKX LINEA-USDT-SWAP | +0.0100% | 4h | 0.002813 | −0.142% | $1.2M | $995K | 50x | as long as short |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002822 | +0.177% | $230K | $80K | 50x | as long as short |
Bybit LINEAUSDT
Backpack LINEA_USDC_PERP
BloFin LINEA-USDT
Lighter LINEA
Hyperliquid LINEA
Aster LINEAUSDT
OKX LINEA-USDT-SWAP
Gate LINEA_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC LINEA_USDT | +0.0100% | 4h | 0.002819 | +0.071% | $4.0M | $1.0M | 100x | as long as short |
| KuCoin LINEAUSDTM | +0.0100% | 4h | 0.002820 | +0.106% | $501K | $73K | 50x | as long as short |
| Bitget LINEAUSDT | +0.0100% | 4h | 0.002822 | +0.177% | $1.1M | $435K | 50x | as long as short |
| BingX LINEA-USDT | +0.0100% | 4h | 0.002819 | +0.071% | — | $2.5M | — | as long as short |
| Variational Omni LINEA | +0.0100% | 4h | 0.002815 | −0.055% | $109K | $48K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002834 | +0.603% | $146K | $2.2M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002830 | +0.461% | $2K | $20K | 50x | as long as short |
| SunX LINEA-USDT | +0.0100% | 4h | 0.002880 | +2.236% | $2K | $1.7M | 20x | as long as short |
| Extended LINEA-USD | +0.0104% | 1h | 0.002817 | +0.005% | $9K | $220K | 10x | as long as short |
| Reya LINEARUSDPERP | +0.0279% | 1h | 0.002822 | +0.172% | $4K | — | 3x | as long as short |
| GMX LINEA/USD [ETH-USDC] | L +0.0447% / S −0.0179% | 1h | 0.002822 | +0.177% | $32K | — | 100x | as long as short |
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
Reya LINEARUSDPERP
GMX LINEA/USD [ETH-USDC]