Funding you earn now, next payment 01:00 UTC−0.0606%/8h= −66.3% APRpaid last 24h +0.023%
Price spread now: SunX against Backpack+2.091%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.396%+$40 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. SunX is 2.091% dearer against Backpack than usual: you sell high and buy low (spread +2.091% now, against zero (this spread has no 7-day history yet)): +$209 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 12 days. Mind the row above: over the last 7 days funding on this pair paid +0.396%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.396% in total (about 20.6% a year). A funding rate is set anew for every payment. 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 | 0.002870 | 0.0706 | pay 0.0088% / 1h | 56m 46s | $85K | $52K | 10x |
| Short | SunX LINEA-USDT | 0.002930 | 0.0100 | get 0.0050% / 4h | 3h 56m | $2K | $1.5M | 20x |
Backpack LINEA_USDC_PERP
SunX LINEA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$127.21
- Price spread: +2.091% → 0.000%
- $209.06
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- $63.85
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: Backpack: no order-book sample; SunX: live order book, 8 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 SunX live order book, 8 min ago | 256.41 bp | doesn't fit | doesn't fit | 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 | −2.091% | $734 | $39K | 5.5x | as long as short |
| Lighter LINEA | +0.0096% | 1h | 0.002876 | +0.209% | $111K | $52K | 3x | as long as short |
| Hyperliquid LINEA | +0.0100% | 1h | 0.002878 | +0.279% | $2.7M | $256K | 3x | as long as short |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002872 | +0.079% | $20K | $13 | 5x | as long as short |
| Binance LINEAUSDT | +0.0100% | 4h | 0.002869 | −0.035% | $4.1M | $3.6M | 50x | as long as short |
| Bybit LINEAUSDT | +0.0100% | 4h | 0.002867 | −0.105% | $2.9M | $782K | 50x | as long as short |
| OKX LINEA-USDT-SWAP | +0.0100% | 4h | 0.002863 | −0.244% | $1.2M | $955K | 50x | as long as short |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002872 | +0.070% | $242K | $64K | 50x | as long as short |
| MEXC LINEA_USDT | +0.0100% | 4h | 0.002868 | −0.070% | $4.0M | $1.1M | 100x | as long as short |
| KuCoin LINEAUSDTM | +0.0100% | 4h | 0.002872 | +0.070% | $541K | $52K | 50x | as long as short |
Injective LINEA/USDC PERP
Lighter LINEA
Hyperliquid LINEA
Aster LINEAUSDT
Binance LINEAUSDT
Bybit 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 | 0.002870 | 0.000% | $1.1M | $479K | 50x | as long as short |
| BingX LINEA-USDT | +0.0100% | 4h | 0.002867 | −0.105% | — | $2.6M | — | as long as short |
| Variational Omni LINEA | +0.0100% | 4h | 0.002854 | −0.553% | $115K | $62K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002863 | −0.245% | $148K | $2.3M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002860 | −0.348% | $2K | $19K | 50x | as long as short |
| SunX LINEA-USDTshort | +0.0100% | 4h | 0.002930 | +2.091% | $2K | $1.5M | 20x | |
| Extended LINEA-USD | +0.0104% | 1h | 0.002867 | −0.089% | $12K | $175K | 10x | as long as short |
| BloFin LINEA-USDT | +0.0150% | 4h | 0.002868 | −0.070% | $218K | $16K | 50x | as long as short |
| Reya LINEARUSDPERP | +0.0271% | 1h | 0.002868 | −0.070% | $4K | — | 3x | as long as short |
| GMX LINEA/USD [ETH-USDC] | L +0.0452% / S −0.0181% | 1h | 0.002870 | 0.000% | $32K | — | 100x | as long as short |
| Backpack LINEA_USDC_PERPlong | +0.0706% | 1h | 0.002870 | long leg | $85K | $52K | 10x |
Bitget LINEAUSDT
BingX LINEA-USDT
Variational Omni LINEA
GRVT LINEA_USDT_Perp
ApeX Omni LINEAUSDT
Extended LINEA-USD
BloFin LINEA-USDT
Reya LINEARUSDPERP
GMX LINEA/USD [ETH-USDC]