Funding you earn now, next payment 00:00 UTC−0.0026%/8h= −2.9% APRnext payment −$0.13 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against BingX+0.071%51s7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$810.811% of the position
Funding, last 7 days−0.038%−$4 on $10k
+Price spread, last 3 days (all we have)+0.039%+$4 · spread now +0.071%, 7d avg +0.021%
=The price spread pays, funding is against you. BloFin is 0.050% dearer against BingX than usual: you sell high and buy low (spread +0.071% now, against its 7-day average of +0.021%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.4 days. The two prices were read 51 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 | BingX LINEA-USDT | 0.002823 | 0.0100 | pay 0.0050% / 4h | 2h 08m | — | $2.6M | — |
| Short | BloFin LINEA-USDT | 0.002825 | 0.0074 | get 0.0037% / 4h | 2h 08m | $217K | $13K | 50x |
BingX LINEA-USDT
BloFin LINEA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- −$5.51
- Price spread: +0.071% → +0.021%
- $5
- Slippage, 4 orders
- −$59.13
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$81.63
- Costs to cover
- 0.811%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; BloFin: live order book, 7 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 BingX live order book, 11 min ago | 7.07 bp | 23.3 bp −$23 | 52.8 bp −$528 | 810.7 bp −$81.1K | doesn't fit |
| Sell BloFin live order book, 7 min ago | 5.30 bp | 13.3 bp −$13 | 36.4 bp −$364 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack LINEA_USDC_PERP | −0.0565% | 1h | 0.002824 | +0.039% | $84K | $52K | 10x | as long as short |
| Injective LINEA/USDC PERP | +0.0033% | 1h | 0.002810 | −0.461% | $734 | $39K | 5.5x | as long as short |
| BloFin LINEA-USDTshort | +0.0074% | 4h | 0.002825 | +0.071% | $217K | $13K | 50x | |
| Lighter LINEA | +0.0096% | 1h | 0.002829 | +0.213% | $109K | $59K | 3x | as long as short |
| Hyperliquid LINEA | +0.0100% | 1h | 0.002834 | +0.390% | $2.7M | $254K | 3x | as long as short |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002827 | +0.137% | $20K | $13 | 5x | as long as short |
| Binance LINEAUSDT | +0.0100% | 4h | 0.002823 | 0.000% | $4.0M | $3.6M | 50x | as long as short |
| Bybit LINEAUSDT | +0.0100% | 4h | 0.002821 | −0.071% | $2.8M | $810K | 50x | as long as short |
| OKX LINEA-USDT-SWAP | +0.0100% | 4h | 0.002820 | −0.106% | $1.2M | $928K | 50x | as long as short |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002831 | +0.283% | $241K | $61K | 50x | as long as short |
Backpack LINEA_USDC_PERP
Injective LINEA/USDC PERP
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 | 0.002822 | −0.035% | $3.9M | $1.1M | 100x | as long as short |
| KuCoin LINEAUSDTM | +0.0100% | 4h | 0.002830 | +0.248% | $541K | $50K | 50x | as long as short |
| Bitget LINEAUSDT | +0.0100% | 4h | 0.002830 | +0.248% | $1.1M | $480K | 50x | as long as short |
| BingX LINEA-USDTlong | +0.0100% | 4h | 0.002823 | long leg | — | $2.6M | — | |
| Variational Omni LINEA | +0.0100% | 4h | 0.002820 | −0.091% | $113K | $59K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002828 | +0.169% | $146K | $2.3M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002820 | −0.106% | $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 | 0.002822 | −0.029% | $12K | $177K | 10x | as long as short |
| Reya LINEARUSDPERP | +0.0269% | 1h | 0.002823 | −0.008% | $4K | — | 3x | as long as short |
| GMX LINEA/USD [ETH-USDC] | L +0.0447% / S −0.0181% | 1h | 0.002827 | +0.142% | $32K | — | 100x | as long as short |
MEXC LINEA_USDT
KuCoin LINEAUSDTM
Bitget LINEAUSDT
Variational Omni LINEA
GRVT LINEA_USDT_Perp
ApeX Omni LINEAUSDT
SunX LINEA-USDT
Extended LINEA-USD
Reya LINEARUSDPERP
GMX LINEA/USD [ETH-USDC]