Funding you earn now, next payment 00:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.05 per $10,000 · paid last 24h −0.005%
Price spread now: Binance against BloFin−0.142%101s7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as 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−$720.721% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 3 days (all we have)+0.005%$0 · spread now −0.142%, 7d avg +0.008%
=Funding pays, the price is against you. Binance is 0.150% cheaper against BloFin than usual: you would sell low and buy high (spread −0.142% now, against its 7-day average of +0.008%). If the spread goes back, that is −$15 on $10k: about 47 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.004% in total) that is about 10 months. The two prices were read 101 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 | BloFin LINEA-USDT | 0.002823 | 0.0090 | pay 0.0045% / 4h | 2h 05m | $217K | $13K | 50x |
| Short | Binance LINEAUSDT | 0.002819 | 0.0100 | get 0.0050% / 4h | 2h 05m | $4.0M | $3.6M | 50x |
BloFin LINEA-USDT
Binance LINEAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- $2.2
- Price spread: −0.142% → +0.008%
- −$14.95
- Slippage, 4 orders
- −$50.06
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$84.81
- Costs to cover
- 0.721%
- Break-even
- 276.3 days
Slippage from BloFin: live order book, 10 min ago; Binance: live order book, 1 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 BloFin live order book, 10 min ago | 5.30 bp | 21.8 bp −$22 | 41.2 bp −$412 | doesn't fit | doesn't fit |
| Sell Binance live order book, 1 min ago | 3.55 bp | 17.9 bp −$18 | 54.1 bp −$541 | 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 | −0.0514% | 1h | 0.002820 | −0.099% | $84K | $51K | 10x | as long as short |
| Injective LINEA/USDC PERP | +0.0033% | 1h | 0.002810 | −0.461% | $734 | $39K | 5.5x | as long as short |
| Bybit LINEAUSDT | +0.0052% | 4h | 0.002817 | −0.213% | $2.8M | $810K | 50x | as long as short |
| BloFin LINEA-USDTlong | +0.0090% | 4h | 0.002823 | long leg | $217K | $13K | 50x | |
| Lighter LINEA | +0.0096% | 1h | 0.002822 | −0.035% | $109K | $59K | 3x | as long as short |
| Hyperliquid LINEA | +0.0100% | 1h | 0.002830 | +0.248% | $2.7M | $254K | 3x | as long as short |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002822 | −0.052% | $20K | $13 | 5x | as long as short |
| Binance LINEAUSDTshort | +0.0100% | 4h | 0.002819 | −0.142% | $4.0M | $3.6M | 50x | |
| OKX LINEA-USDT-SWAP | +0.0100% | 4h | 0.002815 | −0.283% | $1.2M | $926K | 50x | as long as short |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002826 | +0.106% | $240K | $61K | 50x | as long as short |
Backpack LINEA_USDC_PERP
Injective LINEA/USDC PERP
Bybit LINEAUSDT
Lighter LINEA
Hyperliquid LINEA
Aster 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 | 0.002819 | −0.142% | $3.9M | $1.1M | 100x | as long as short |
| KuCoin LINEAUSDTM | +0.0100% | 4h | 0.002825 | +0.071% | $540K | $50K | 50x | as long as short |
| Bitget LINEAUSDT | +0.0100% | 4h | 0.002823 | 0.000% | $1.1M | $480K | 50x | as long as short |
| BingX LINEA-USDT | +0.0100% | 4h | 0.002816 | −0.248% | — | $2.6M | — | as long as short |
| Variational Omni LINEA | +0.0100% | 4h | 0.002820 | −0.091% | $113K | $59K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002826 | +0.106% | $145K | $2.3M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002830 | +0.248% | $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 | 0.002818 | −0.189% | $12K | $177K | 10x | as long as short |
| Reya LINEARUSDPERP | +0.0269% | 1h | 0.002818 | −0.168% | $4K | — | 3x | as long as short |
| GMX LINEA/USD [ETH-USDC] | L +0.0447% / S −0.0181% | 1h | 0.002822 | −0.035% | $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
Extended LINEA-USD
Reya LINEARUSDPERP
GMX LINEA/USD [ETH-USDC]