Funding you earn now, next payment 04:00 UTC−0.0047%/8h= −5.2% APRpaid last 24h +0.026%
Price spread now: BloFin against Backpack−0.165%66s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.355%+$36 on $10k
+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 −$1 a day on $10k at the current rate, and BloFin is 0.165% cheaper against Backpack than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.355%, so the current rate has only just turned against you. 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 | Backpack LINEA_USDC_PERP | 0.002856 | 0.0100 | pay 0.0013% / 1h | 43m 47s | $90K | $61K | 10x |
| Short | BloFin LINEA-USDT | 0.002851 | 0.0053 | get 0.0026% / 4h | 43m 47s | $220K | $30K | 50x |
Backpack LINEA_USDC_PERP
BloFin LINEA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Backpack. 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
- −$9.95
- Price spread: −0.165% → 0.000%
- −$16.46
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$48.41
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Backpack: no order-book sample; BloFin: live order book, 54 min ago. 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 Backpack no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 54 min ago | 8.76 bp | 19.6 bp −$20 | 38.3 bp −$383 | doesn't fit | doesn't fit |
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 | −1.600% | $734 | $39K | 5.5x | as long as short |
| BloFin LINEA-USDTshort | +0.0053% | 4h | 0.002851 | −0.165% | $220K | $30K | 50x | |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002854 | −0.046% | $20K | $13 | 5x | as long as short |
| Binance LINEAUSDT | +0.0100% | 4h | 0.002855 | −0.030% | $4.1M | $3.8M | 50x | as long as short |
| Bybit LINEAUSDT | +0.0100% | 4h | 0.002851 | −0.165% | $2.9M | $835K | 50x | as long as short |
| OKX LINEA-USDT-SWAP | +0.0100% | 4h | 0.002850 | −0.200% | $1.2M | $958K | 50x | as long as short |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002855 | −0.025% | $235K | $76K | 50x | as long as short |
| MEXC LINEA_USDT | +0.0100% | 4h | 0.002855 | −0.025% | $3.9M | $1.1M | 100x | as long as short |
| KuCoin LINEAUSDTM | +0.0100% | 4h | 0.002855 | −0.025% | $569K | $61K | 50x | as long as short |
| Bitget LINEAUSDT | +0.0100% | 4h | 0.002854 | −0.060% | $1.1M | $468K | 50x | as long as short |
Injective LINEA/USDC PERP
Aster LINEAUSDT
Binance LINEAUSDT
Bybit LINEAUSDT
OKX LINEA-USDT-SWAP
Gate LINEA_USDT
MEXC 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 | 0.002852 | −0.130% | — | $2.7M | — | as long as short |
| Backpack LINEA_USDC_PERPlong | +0.0100% | 1h | 0.002856 | long leg | $90K | $61K | 10x | |
| Variational Omni LINEA | +0.0100% | 4h | 0.002843 | −0.428% | $109K | $56K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002851 | −0.175% | $139K | $2.3M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002850 | −0.200% | $2K | $20K | 50x | as long as short |
| SunX LINEA-USDT | +0.0100% | 4h | 0.002910 | +1.901% | $2K | $1.6M | 20x | as long as short |
| Extended LINEA-USD | +0.0104% | 1h | 0.002853 | −0.086% | $10K | $160K | 10x | as long as short |
| Lighter LINEA | +0.0152% | 1h | 0.002859 | +0.116% | $112K | $56K | 3x | as long as short |
| Reya LINEARUSDPERP | +0.0274% | 1h | 0.002852 | −0.135% | $4K | — | 3x | as long as short |
| GMX LINEA/USD [ETH-USDC] | L +0.0454% / S −0.0181% | 1h | 0.002854 | −0.060% | $32K | — | 100x | as long as short |
| Hyperliquid LINEA | +0.0522% | 1h | 0.002864 | +0.291% | $2.8M | $279K | 3x | as long as short |
BingX LINEA-USDT
Variational Omni LINEA
GRVT LINEA_USDT_Perp
ApeX Omni LINEAUSDT
SunX LINEA-USDT
Extended LINEA-USD
Lighter LINEA
Reya LINEARUSDPERP
GMX LINEA/USD [ETH-USDC]
Hyperliquid LINEA