Funding you earn now, next payment 00:00 UTC+0.0198%/8h= +21.7% APRnext payment +$0.99 per $10,000 · paid last 24h +0.033%
Price spread now: MEXC against Bybit+0.035%7-day average +0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1051.045% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 7 days−0.074%−$7 · spread now +0.035%, 7d avg +0.062%
=Funding pays, the price is against you. MEXC is 0.027% cheaper against Bybit than usual: you would sell low and buy high (spread +0.035% now, against its 7-day average of +0.062%). If the spread goes back, that is −$3 on $10k: about 11 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.016% in total) that is about 12 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.016% in total (about 0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.99 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 | Bybit LINEAUSDT | 0.002823 | −0.0098 | get 0.0049% / 4h | 1h 48m | $2.8M | $789K | 50x |
| Short | MEXC LINEA_USDT | 0.002824 | 0.0100 | get 0.0050% / 4h | 1h 48m | $3.9M | $1.1M | 100x |
Bybit LINEAUSDT
MEXC LINEA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bybit. 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
- $41.55
- Price spread: +0.035% → +0.062%
- −$2.71
- Slippage, 4 orders
- −$89.53
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$65.69
- Costs to cover
- 1.045%
- Break-even
- 18.1 days
Slippage from Bybit: live order book, 4 min ago; MEXC: live order book, 4 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 Bybit live order book, 4 min ago | 7.08 bp | 43.3 bp −$43 | 615.8 bp −$6,158 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.77 bp | 7.8 bp −$8 | 34.5 bp −$345 | 247.3 bp −$24.7K | 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 LINEAUSDTlong | −0.0098% | 4h | 0.002823 | long leg | $2.8M | $789K | 50x | |
| Injective LINEA/USDC PERP | +0.0033% | 1h | 0.002810 | −0.461% | $734 | $39K | 5.5x | as long as short |
| Lighter LINEA | +0.0096% | 1h | 0.002829 | +0.213% | $109K | $55K | 3x | as long as short |
| Hyperliquid LINEA | +0.0100% | 1h | 0.002835 | +0.425% | $2.7M | $253K | 3x | as long as short |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002827 | +0.129% | $20K | $13 | 5x | as long as short |
| Binance LINEAUSDT | +0.0100% | 4h | 0.002825 | +0.071% | $4.0M | $3.6M | 50x | as long as short |
| OKX LINEA-USDT-SWAP | +0.0100% | 4h | 0.002822 | −0.035% | $1.2M | $924K | 50x | as long as short |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002829 | +0.213% | $241K | $61K | 50x | as long as short |
| MEXC LINEA_USDTshort | +0.0100% | 4h | 0.002824 | +0.035% | $3.9M | $1.1M | 100x | |
| KuCoin LINEAUSDTM | +0.0100% | 4h | 0.002829 | +0.213% | $541K | $50K | 50x | as long as short |
Injective LINEA/USDC PERP
Lighter LINEA
Hyperliquid LINEA
Aster LINEAUSDT
Binance LINEAUSDT
OKX LINEA-USDT-SWAP
Gate 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 | 0.002829 | +0.213% | $1.1M | $480K | 50x | as long as short |
| BingX LINEA-USDT | +0.0100% | 4h | 0.002825 | +0.071% | — | $2.6M | — | as long as short |
| Variational Omni LINEA | +0.0100% | 4h | 0.002826 | +0.098% | $113K | $59K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002830 | +0.248% | $144K | $2.3M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002830 | +0.248% | $2K | $19K | 50x | as long as short |
| SunX LINEA-USDT | +0.0100% | 4h | 0.002880 | +2.019% | $2K | $1.4M | 20x | as long as short |
| Extended LINEA-USD | +0.0104% | 1h | 0.002824 | +0.038% | $12K | $177K | 10x | as long as short |
| BloFin LINEA-USDT | +0.0157% | 4h | 0.002822 | −0.035% | $216K | $16K | 50x | as long as short |
| Reya LINEARUSDPERP | +0.0269% | 1h | 0.002825 | +0.060% | $4K | — | 3x | as long as short |
| Backpack LINEA_USDC_PERP | +0.0416% | 1h | 0.002826 | +0.110% | $84K | $51K | 10x | as long as short |
| GMX LINEA/USD [ETH-USDC] | L +0.0448% / S −0.0181% | 1h | 0.002828 | +0.177% | $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]