Funding you earn now, next payment 08:00 UTC+0.0042%/8h= +4.6% APRnext payment +$0.21 per $10,000 · paid last 24h −0.001%
Price spread now: OKX against BloFin−0.107%53s7-day average −0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as 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−$960.955% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.025%−$2 · spread now −0.107%, 7d avg −0.084%
=Funding pays, the price is against you. OKX is 0.023% cheaper against BloFin than usual: you would sell low and buy high (spread −0.107% now, against its 7-day average of −0.084%). If the spread goes back, that is −$2 on $10k: about 44 hours of funding at the current rate (+$1 a day). The two prices were read 53 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 | 0.002812 | 0.0058 | pay 0.0029% / 4h | 1h 28m | $211K | $29K | 50x |
| Short | OKX LINEA-USDT-SWAP | 0.002809 | 0.0100 | get 0.0050% / 4h | 1h 28m | $1.2M | $1.0M | 50x |
BloFin LINEA-USDT
OKX LINEA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $8.81
- Price spread: −0.107% → −0.084%
- −$2.28
- Slippage, 4 orders
- −$73.51
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$88.98
- Costs to cover
- 0.955%
- Break-even
- 77.7 days
Slippage from BloFin: live order book, 47 min ago; OKX: live order book, 3 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, 47 min ago | 5.32 bp | 14.5 bp −$14 | 39.6 bp −$396 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 3.56 bp | 27.1 bp −$27 | 135.1 bp −$1,351 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective LINEA/USDC PERP | +0.0033% | 1h | 0.002810 | −0.071% | $734 | $39K | 5.5x | as long as short |
| BloFin LINEA-USDTlong | +0.0058% | 4h | 0.002812 | long leg | $211K | $29K | 50x | |
| Lighter LINEA | +0.0096% | 1h | 0.002819 | +0.249% | $110K | $55K | 3x | as long as short |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002813 | +0.018% | $20K | $2K | 5x | as long as short |
| Binance LINEAUSDT | +0.0100% | 4h | 0.002811 | −0.036% | $4.0M | $4.2M | 50x | as long as short |
| Bybit LINEAUSDT | +0.0100% | 4h | 0.002811 | −0.036% | $2.8M | $903K | 50x | as long as short |
| OKX LINEA-USDT-SWAPshort | +0.0100% | 4h | 0.002809 | −0.107% | $1.2M | $1.0M | 50x | |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002813 | +0.036% | $227K | $84K | 50x | as long as short |
| MEXC LINEA_USDT | +0.0100% | 4h | 0.002810 | −0.071% | $3.9M | $1.1M | 100x | as long as short |
| KuCoin LINEAUSDTM | +0.0100% | 4h | 0.002814 | +0.071% | $506K | $82K | 50x | as long as short |
Injective LINEA/USDC PERP
Lighter LINEA
Aster LINEAUSDT
Binance LINEAUSDT
Bybit LINEAUSDT
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 | 0.002814 | +0.071% | $1.1M | $485K | 50x | as long as short |
| BingX LINEA-USDT | +0.0100% | 4h | 0.002811 | −0.036% | — | $2.6M | — | as long as short |
| Backpack LINEA_USDC_PERP | +0.0100% | 1h | 0.002811 | −0.032% | $88K | $62K | 10x | as long as short |
| Variational Omni LINEA | +0.0100% | 4h | 0.002809 | −0.106% | $109K | $56K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002815 | +0.107% | $145K | $2.2M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002810 | −0.071% | $2K | $20K | 50x | as long as short |
| SunX LINEA-USDT | +0.0100% | 4h | 0.002870 | +2.063% | $2K | $1.7M | 20x | as long as short |
| Extended LINEA-USD | +0.0104% | 1h | 0.002809 | −0.095% | $9K | $107K | 10x | as long as short |
| Hyperliquid LINEA | +0.0226% | 1h | 0.002819 | +0.249% | $2.7M | $324K | 3x | as long as short |
| Reya LINEARUSDPERP | +0.0276% | 1h | 0.002810 | −0.056% | $4K | — | 3x | as long as short |
| GMX LINEA/USD [ETH-USDC] | L +0.0448% / S −0.0179% | 1h | 0.002812 | 0.000% | $32K | — | 100x | as long as short |
Bitget LINEAUSDT
BingX LINEA-USDT
Backpack LINEA_USDC_PERP
Variational Omni LINEA
GRVT LINEA_USDT_Perp
ApeX Omni LINEAUSDT
SunX LINEA-USDT
Extended LINEA-USD
Hyperliquid LINEA
Reya LINEARUSDPERP
GMX LINEA/USD [ETH-USDC]