Funding you earn now, next payment 08:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.05 per $10,000 · paid last 24h +0.016%
Price spread now: BloFin against Bybit+0.608%62s7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$128as 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−$1291.291% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)−0.417%−$42 · spread now +0.608%, 7d avg +0.092%
=The price spread pays, funding is against you. BloFin is 0.516% dearer against Bybit than usual: you sell high and buy low (spread +0.608% now, against its 7-day average of +0.092%): +$52 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 6 months. The two prices were read 62 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 | Bybit LINEAUSDT | 0.002794 | 0.0100 | pay 0.0050% / 4h | 2h 28m | $2.8M | $893K | 50x |
| Short | BloFin LINEA-USDT | 0.002811 | 0.0091 | get 0.0045% / 4h | 2h 28m | $213K | $29K | 50x |
Bybit LINEAUSDT
BloFin LINEA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- −$1.98
- Price spread: +0.608% → +0.092%
- $51.65
- Slippage, 4 orders
- −$106.14
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$79.47
- Costs to cover
- 1.291%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; BloFin: live order book, 53 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 Bybit live order book, 4 min ago | 5.34 bp | 42.7 bp −$43 | 275.7 bp −$2,757 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 53 min ago | 1.76 bp | 27.4 bp −$27 | 70.5 bp −$705 | 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 | −0.0204% | 1h | 0.002799 | +0.183% | $88K | $61K | 10x | as long as short |
| Injective LINEA/USDC PERP | +0.0033% | 1h | 0.002810 | +0.573% | $734 | $39K | 5.5x | as long as short |
| BloFin LINEA-USDTshort | +0.0091% | 4h | 0.002811 | +0.608% | $213K | $29K | 50x | |
| Lighter LINEA | +0.0096% | 1h | 0.002807 | +0.465% | $110K | $57K | 3x | as long as short |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002802 | +0.278% | $20K | $2K | 5x | as long as short |
| Binance LINEAUSDT | +0.0100% | 4h | 0.002798 | +0.143% | $4.0M | $4.2M | 50x | as long as short |
| Bybit LINEAUSDTlong | +0.0100% | 4h | 0.002794 | long leg | $2.8M | $893K | 50x | |
| OKX LINEA-USDT-SWAP | +0.0100% | 4h | 0.002793 | −0.036% | $1.2M | $985K | 50x | as long as short |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002801 | +0.251% | $227K | $83K | 50x | as long as short |
| MEXC LINEA_USDT | +0.0100% | 4h | 0.002799 | +0.179% | $3.9M | $1.1M | 100x | as long as short |
Backpack LINEA_USDC_PERP
Injective LINEA/USDC PERP
Lighter LINEA
Aster LINEAUSDT
Binance LINEAUSDT
OKX LINEA-USDT-SWAP
Gate LINEA_USDT
MEXC LINEA_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LINEAUSDTM | +0.0100% | 4h | 0.002801 | +0.251% | $524K | $78K | 50x | as long as short |
| Bitget LINEAUSDT | +0.0100% | 4h | 0.002801 | +0.251% | $1.0M | $481K | 50x | as long as short |
| BingX LINEA-USDT | +0.0100% | 4h | 0.002797 | +0.107% | — | $2.6M | — | as long as short |
| Variational Omni LINEA | +0.0100% | 4h | 0.002808 | +0.503% | $109K | $55K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002815 | +0.752% | $139K | $2.2M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002820 | +0.931% | $2K | $20K | 50x | as long as short |
| SunX LINEA-USDT | +0.0100% | 4h | 0.002860 | +2.362% | $2K | $1.7M | 20x | as long as short |
| Extended LINEA-USD | +0.0104% | 1h | 0.002796 | +0.079% | $11K | $109K | 10x | as long as short |
| Hyperliquid LINEA | +0.0177% | 1h | 0.002807 | +0.465% | $2.7M | $314K | 3x | as long as short |
| Reya LINEARUSDPERP | +0.0276% | 1h | 0.002799 | +0.195% | $4K | — | 3x | as long as short |
| GMX LINEA/USD [ETH-USDC] | L +0.0448% / S −0.0179% | 1h | 0.002799 | +0.179% | $32K | — | 100x | as long as short |
KuCoin LINEAUSDTM
Bitget LINEAUSDT
BingX LINEA-USDT
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]