Funding you earn now, next payment 04:00 UTC−0.0385%/8h= −42.2% APRnext payment −$1.93 per $10,000 · paid last 24h −0.018%
Price spread now: Bybit against BloFin+0.070%112s7-day average −0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1201.205% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 3 days (all we have)−0.223%−$22 · spread now +0.070%, 7d avg −0.096%
=The price spread pays, funding is against you. Bybit is 0.166% dearer against BloFin than usual: you sell high and buy low (spread +0.070% now, against its 7-day average of −0.096%): +$17 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 35 hours. At the pace of the last 7 days (−0.011% in total) that is about 3 months. The two prices were read 112 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.011% in total (about -0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.93 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin LINEA-USDT | 0.002853 | 0.0100 | pay 0.0050% / 4h | 3h 31m | $219K | $15K | 50x |
| Short | Bybit LINEAUSDT | 0.002855 | −0.0285 | pay 0.0142% / 4h | 3h 31m | $2.9M | $784K | 50x |
BloFin LINEA-USDT
Bybit LINEAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$80.9
- Price spread: +0.070% → −0.096%
- $16.62
- Slippage, 4 orders
- −$97.46
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$184.74
- Costs to cover
- 1.205%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 34 min ago; Bybit: live order book, 1 min ago.
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, 34 min ago | 3.50 bp | 11.2 bp −$11 | 34.3 bp −$343 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 5.26 bp | 42.8 bp −$43 | 191.2 bp −$1,912 | doesn't fit | doesn't fit |
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 | −0.0285% | 4h | 0.002855 | +0.070% | $2.9M | $784K | 50x | |
| Injective LINEA/USDC PERP | +0.0033% | 1h | 0.002810 | −1.507% | $734 | $39K | 5.5x | as long as short |
| Lighter LINEA | +0.0096% | 1h | 0.002863 | +0.351% | $110K | $52K | 3x | as long as short |
| Hyperliquid LINEA | +0.0100% | 1h | 0.002870 | +0.596% | $2.7M | $255K | 3x | as long as short |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002859 | +0.199% | $20K | $13 | 5x | as long as short |
| Binance LINEAUSDT | +0.0100% | 4h | 0.002859 | +0.199% | $4.1M | $3.6M | 50x | as long as short |
| OKX LINEA-USDT-SWAP | +0.0100% | 4h | 0.002854 | +0.035% | $1.2M | $929K | 50x | as long as short |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002860 | +0.245% | $240K | $69K | 50x | as long as short |
| MEXC LINEA_USDT | +0.0100% | 4h | 0.002859 | +0.210% | $3.9M | $1.1M | 100x | as long as short |
| KuCoin LINEAUSDTM | +0.0100% | 4h | 0.002862 | +0.315% | $562K | $58K | 50x | as long as short |
Injective LINEA/USDC PERP
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 | 0.002859 | +0.210% | $1.1M | $476K | 50x | as long as short |
| BingX LINEA-USDT | +0.0100% | 4h | 0.002858 | +0.175% | — | $2.7M | — | as long as short |
| Variational Omni LINEA | +0.0100% | 4h | 0.002850 | −0.103% | $115K | $62K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002858 | +0.175% | $142K | $2.3M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002850 | −0.105% | $2K | $19K | 50x | as long as short |
| SunX LINEA-USDT | +0.0100% | 4h | 0.002910 | +1.998% | $2K | $1.5M | 20x | as long as short |
| BloFin LINEA-USDTlong | +0.0100% | 4h | 0.002853 | long leg | $219K | $15K | 50x | |
| Extended LINEA-USD | +0.0104% | 1h | 0.002857 | +0.155% | $10K | $156K | 10x | as long as short |
| Backpack LINEA_USDC_PERP | +0.0124% | 1h | 0.002857 | +0.133% | $85K | $51K | 10x | as long as short |
| Reya LINEARUSDPERP | +0.0271% | 1h | 0.002858 | +0.191% | $4K | — | 3x | as long as short |
| GMX LINEA/USD [ETH-USDC] | L +0.0451% / S −0.0181% | 1h | 0.002860 | +0.245% | $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
Backpack LINEA_USDC_PERP
Reya LINEARUSDPERP
GMX LINEA/USD [ETH-USDC]