Funding you earn now, next payment 04:00 UTC−0.0312%/8h= −34.1% APRnext payment −$1.56 per $10,000 · paid last 24h −0.015%
Price spread now: Bybit against MEXC−0.140%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1011.012% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 7 days+0.185%+$19 · spread now −0.140%, 7d avg −0.064%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Bybit is 0.076% cheaper against MEXC than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.064%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.019% in total (about -1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.56 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 | MEXC LINEA_USDT | 0.002854 | 0.0100 | pay 0.0050% / 4h | 3h 29m | $3.9M | $1.1M | 100x |
| Short | Bybit LINEAUSDT | 0.002850 | −0.0212 | pay 0.0106% / 4h | 3h 29m | $2.9M | $783K | 50x |
MEXC LINEA_USDT
Bybit LINEAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against MEXC. 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
- −$65.43
- Price spread: −0.140% → −0.064%
- −$7.62
- Slippage, 4 orders
- −$86.16
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$174.21
- Costs to cover
- 1.012%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Bybit: live order book, 3 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 MEXC live order book, 3 min ago | 3.50 bp | 6.5 bp −$6 | 22.2 bp −$222 | 127.1 bp −$12.7K | doesn't fit |
| Sell Bybit live order book, 3 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 | −0.0212% | 4h | 0.002850 | −0.140% | $2.9M | $783K | 50x | |
| Injective LINEA/USDC PERP | +0.0033% | 1h | 0.002810 | −1.542% | $734 | $39K | 5.5x | as long as short |
| Lighter LINEA | +0.0096% | 1h | 0.002858 | +0.140% | $110K | $52K | 3x | as long as short |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002856 | +0.063% | $20K | $13 | 5x | as long as short |
| Binance LINEAUSDT | +0.0100% | 4h | 0.002854 | −0.004% | $4.1M | $3.6M | 50x | as long as short |
| OKX LINEA-USDT-SWAP | +0.0100% | 4h | 0.002850 | −0.140% | $1.2M | $929K | 50x | as long as short |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002857 | +0.105% | $240K | $69K | 50x | as long as short |
| MEXC LINEA_USDTlong | +0.0100% | 4h | 0.002854 | long leg | $3.9M | $1.1M | 100x | |
| KuCoin LINEAUSDTM | +0.0100% | 4h | 0.002858 | +0.140% | $561K | $58K | 50x | as long as short |
| Bitget LINEAUSDT | +0.0100% | 4h | 0.002857 | +0.105% | $1.1M | $476K | 50x | as long as short |
Injective LINEA/USDC PERP
Lighter LINEA
Aster LINEAUSDT
Binance LINEAUSDT
OKX LINEA-USDT-SWAP
Gate LINEA_USDT
KuCoin LINEAUSDTM
Bitget LINEAUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX LINEA-USDT | +0.0100% | 4h | 0.002854 | 0.000% | — | $2.7M | — | as long as short |
| Variational Omni LINEA | +0.0100% | 4h | 0.002854 | +0.002% | $115K | $62K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002859 | +0.173% | $142K | $2.3M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002850 | −0.140% | $2K | $19K | 50x | as long as short |
| SunX LINEA-USDT | +0.0100% | 4h | 0.002920 | +2.313% | $2K | $1.5M | 20x | as long as short |
| Extended LINEA-USD | +0.0104% | 1h | 0.002854 | +0.014% | $10K | $156K | 10x | as long as short |
| Backpack LINEA_USDC_PERP | +0.0112% | 1h | 0.002856 | +0.070% | $85K | $51K | 10x | as long as short |
| Hyperliquid LINEA | +0.0127% | 1h | 0.002865 | +0.385% | $2.7M | $255K | 3x | as long as short |
| BloFin LINEA-USDT | +0.0159% | 4h | 0.002853 | −0.035% | $218K | $15K | 50x | as long as short |
| Reya LINEARUSDPERP | +0.0271% | 1h | 0.002855 | +0.033% | $4K | — | 3x | as long as short |
| GMX LINEA/USD [ETH-USDC] | L +0.0450% / S −0.0181% | 1h | 0.002856 | +0.070% | $32K | — | 100x | as long as short |
BingX LINEA-USDT
Variational Omni LINEA
GRVT LINEA_USDT_Perp
ApeX Omni LINEAUSDT
SunX LINEA-USDT
Extended LINEA-USD
Backpack LINEA_USDC_PERP
Hyperliquid LINEA
BloFin LINEA-USDT
Reya LINEARUSDPERP
GMX LINEA/USD [ETH-USDC]