Funding you earn now, next payment 22:00 UTC+0.0631%/8h= +69.1% APRnext payment +$0.79 per $10,000 · paid last 24h +0.021%
Price spread now: Extended against Backpack−0.085%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.363%+$36 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Extended is 0.085% cheaper against Backpack than usual: you would sell low and buy high (spread −0.085% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 11 hours of funding at the current rate (+$19 a day). At the pace of the last 7 days (+0.363% in total) that is about 39 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.363% in total (about 18.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.79 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 | Backpack LINEA_USDC_PERP | 0.002830 | −0.0527 | get 0.0066% / 1h | 28m 38s | $85K | $52K | 10x |
| Short | Extended LINEA-USD | 0.002828 | 0.0104 | get 0.0013% / 1h | 28m 38s | $12K | $177K | 10x |
Backpack LINEA_USDC_PERP
Extended LINEA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $132.52
- Price spread: −0.085% → 0.000%
- −$8.52
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $109.01
- Costs to cover
- 0.150%
- Break-even
- 1.2 days
Slippage unknown: Backpack: no order-book sample; Extended: live order book, 57 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 Extended live order book, 57 min ago | 7.05 bp | 40.9 bp −$41 | 263.8 bp −$2,638 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack LINEA_USDC_PERPlong | −0.0527% | 1h | 0.002830 | long leg | $85K | $52K | 10x | |
| Injective LINEA/USDC PERP | +0.0033% | 1h | 0.002810 | −0.710% | $734 | $39K | 5.5x | as long as short |
| BloFin LINEA-USDT | +0.0072% | 4h | 0.002830 | −0.004% | $217K | $13K | 50x | as long as short |
| Lighter LINEA | +0.0096% | 1h | 0.002834 | +0.138% | $110K | $58K | 3x | as long as short |
| Hyperliquid LINEA | +0.0100% | 1h | 0.002838 | +0.279% | $2.7M | $254K | 3x | as long as short |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002832 | +0.074% | $20K | $13 | 5x | as long as short |
| Binance LINEAUSDT | +0.0100% | 4h | 0.002829 | −0.039% | $4.0M | $3.6M | 50x | as long as short |
| Bybit LINEAUSDT | +0.0100% | 4h | 0.002826 | −0.145% | $2.8M | $853K | 50x | as long as short |
| OKX LINEA-USDT-SWAP | +0.0100% | 4h | 0.002826 | −0.145% | $1.2M | $938K | 50x | as long as short |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002833 | +0.102% | $241K | $61K | 50x | as long as short |
Injective LINEA/USDC PERP
BloFin LINEA-USDT
Lighter LINEA
Hyperliquid LINEA
Aster LINEAUSDT
Binance LINEAUSDT
Bybit LINEAUSDT
OKX LINEA-USDT-SWAP
Gate LINEA_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC LINEA_USDT | +0.0100% | 4h | 0.002829 | −0.039% | $3.9M | $1.1M | 100x | as long as short |
| KuCoin LINEAUSDTM | +0.0100% | 4h | 0.002833 | +0.102% | $542K | $50K | 50x | as long as short |
| Bitget LINEAUSDT | +0.0100% | 4h | 0.002831 | +0.032% | $1.1M | $480K | 50x | as long as short |
| BingX LINEA-USDT | +0.0100% | 4h | 0.002827 | −0.110% | — | $2.6M | — | as long as short |
| Variational Omni LINEA | +0.0100% | 4h | 0.002828 | −0.079% | $113K | $59K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002833 | +0.096% | $141K | $2.3M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002840 | +0.350% | $2K | $19K | 50x | as long as short |
| SunX LINEA-USDT | +0.0100% | 4h | 0.002890 | +2.117% | $1K | $1.4M | 20x | as long as short |
| Extended LINEA-USDshort | +0.0104% | 1h | 0.002828 | −0.085% | $12K | $177K | 10x | |
| Reya LINEARUSDPERP | +0.0269% | 1h | 0.002828 | −0.066% | $4K | — | 3x | as long as short |
| GMX LINEA/USD [ETH-USDC] | L +0.0448% / S −0.0181% | 1h | 0.002831 | +0.032% | $32K | — | 100x | as long as short |
MEXC LINEA_USDT
KuCoin LINEAUSDTM
Bitget LINEAUSDT
BingX LINEA-USDT
Variational Omni LINEA
GRVT LINEA_USDT_Perp
ApeX Omni LINEAUSDT
SunX LINEA-USDT
Reya LINEARUSDPERP
GMX LINEA/USD [ETH-USDC]