Funding you earn now, next payment 06:00 UTC−0.0073%/8h= −8.0% APRpaid last 24h −0.035%
Price spread now: Backpack against BloFin+0.187%66s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.358%−$36 on $10k
+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. Backpack is 0.187% dearer against BloFin than usual: you sell high and buy low (spread +0.187% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 8.5 days. At the pace of the last 7 days (−0.358% in total) that is about 3.7 days. The two prices were read 66 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 | BloFin LINEA-USDT | 0.002833 | 0.0142 | pay 0.0071% / 4h | 2h 52m | $215K | $29K | 50x |
| Short | Backpack LINEA_USDC_PERP | 0.002838 | 0.0069 | get 0.0009% / 1h | 52m 01s | $89K | $61K | 10x |
BloFin LINEA-USDT
Backpack LINEA_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against BloFin. 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
- −$15.35
- Price spread: +0.187% → 0.000%
- $18.71
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$18.64
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 29 min ago; Backpack: 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 BloFin live order book, 29 min ago | 1.76 bp | 13.3 bp −$13 | 40.1 bp −$401 | doesn't fit | doesn't fit |
| Sell Backpack no order-book sample | — | — | — | — | — |
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 | −0.812% | $734 | $39K | 5.5x | as long as short |
| Backpack LINEA_USDC_PERPshort | +0.0069% | 1h | 0.002838 | +0.187% | $89K | $61K | 10x | |
| Lighter LINEA | +0.0096% | 1h | 0.002843 | +0.353% | $111K | $56K | 3x | as long as short |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002839 | +0.209% | $20K | $2K | 5x | as long as short |
| Binance LINEAUSDT | +0.0100% | 4h | 0.002838 | +0.193% | $4.1M | $4.1M | 50x | as long as short |
| Bybit LINEAUSDT | +0.0100% | 4h | 0.002835 | +0.071% | $2.9M | $868K | 50x | as long as short |
| OKX LINEA-USDT-SWAP | +0.0100% | 4h | 0.002834 | +0.035% | $1.2M | $988K | 50x | as long as short |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002838 | +0.176% | $231K | $79K | 50x | as long as short |
| MEXC LINEA_USDT | +0.0100% | 4h | 0.002838 | +0.176% | $3.9M | $1.0M | 100x | as long as short |
| KuCoin LINEAUSDTM | +0.0100% | 4h | 0.002839 | +0.212% | $566K | $60K | 50x | as long as short |
Injective LINEA/USDC PERP
Lighter LINEA
Aster LINEAUSDT
Binance 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 | 0.002839 | +0.212% | $1.1M | $478K | 50x | as long as short |
| BingX LINEA-USDT | +0.0100% | 4h | 0.002835 | +0.071% | — | $2.6M | — | as long as short |
| Variational Omni LINEA | +0.0100% | 4h | 0.002833 | −0.017% | $109K | $55K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002838 | +0.176% | $148K | $2.3M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002840 | +0.247% | $2K | $20K | 50x | as long as short |
| SunX LINEA-USDT | +0.0100% | 4h | 0.002900 | +2.365% | $2K | $1.7M | 20x | as long as short |
| Extended LINEA-USD | +0.0104% | 1h | 0.002838 | +0.167% | $9K | $110K | 10x | as long as short |
| BloFin LINEA-USDTlong | +0.0142% | 4h | 0.002833 | long leg | $215K | $29K | 50x | |
| Reya LINEARUSDPERP | +0.0275% | 1h | 0.002837 | +0.156% | $4K | — | 3x | as long as short |
| GMX LINEA/USD [ETH-USDC] | L +0.0450% / S −0.0179% | 1h | 0.002838 | +0.176% | $32K | — | 100x | as long as short |
| Hyperliquid LINEA | +0.0604% | 1h | 0.002847 | +0.494% | $2.7M | $283K | 3x | 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
Reya LINEARUSDPERP
GMX LINEA/USD [ETH-USDC]
Hyperliquid LINEA