Funding you earn now, next payment 04:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.019%
Price spread now: Injective against Bybit−1.885%108s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 1.885% cheaper against Bybit than usual: you would sell low and buy high (−$189 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 108 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 | 0.002864 | 0.0100 | pay 0.0050% / 4h | 21m 35s | $2.9M | $841K | 50x |
| Short | Injective LINEA/USDC PERP | 0.002810 | 0.0033 | get 0.0004% / 1h | 21m 35s | $734 | $39K | 5.5x |
Bybit LINEAUSDT
Injective LINEA/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: −1.885% → 0.000%
- −$188.55
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$213.57
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 6 min ago; Injective: no order-book sample. 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 Bybit live order book, 6 min ago | 7.00 bp | 46.8 bp −$47 | 558.6 bp −$5,586 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 PERPshort | +0.0033% | 1h | 0.002810 | −1.885% | $734 | $39K | 5.5x | |
| BloFin LINEA-USDT | +0.0070% | 4h | 0.002864 | 0.000% | $218K | $30K | 50x | as long as short |
| Lighter LINEA | +0.0096% | 1h | 0.002873 | +0.314% | $112K | $56K | 3x | as long as short |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002865 | +0.037% | $20K | $13 | 5x | as long as short |
| Binance LINEAUSDT | +0.0100% | 4h | 0.002866 | +0.058% | $4.1M | $3.9M | 50x | as long as short |
| Bybit LINEAUSDTlong | +0.0100% | 4h | 0.002864 | long leg | $2.9M | $841K | 50x | |
| OKX LINEA-USDT-SWAP | +0.0100% | 4h | 0.002861 | −0.105% | $1.2M | $967K | 50x | as long as short |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002865 | +0.035% | $236K | $76K | 50x | as long as short |
| MEXC LINEA_USDT | +0.0100% | 4h | 0.002865 | +0.035% | $3.9M | $1.1M | 100x | as long as short |
| KuCoin LINEAUSDTM | +0.0100% | 4h | 0.002865 | +0.035% | $571K | $60K | 50x | as long as short |
BloFin LINEA-USDT
Lighter LINEA
Aster LINEAUSDT
Binance 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 | 0.002866 | +0.070% | $1.1M | $468K | 50x | as long as short |
| BingX LINEA-USDT | +0.0100% | 4h | 0.002863 | −0.035% | — | $2.6M | — | as long as short |
| Backpack LINEA_USDC_PERP | +0.0100% | 1h | 0.002864 | +0.007% | $90K | $61K | 10x | as long as short |
| Variational Omni LINEA | +0.0100% | 4h | 0.002857 | −0.228% | $110K | $56K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002866 | +0.070% | $140K | $2.3M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002860 | −0.140% | $2K | $20K | 50x | as long as short |
| SunX LINEA-USDT | +0.0100% | 4h | 0.002920 | +1.955% | $1K | $1.6M | 20x | as long as short |
| Extended LINEA-USD | +0.0104% | 1h | 0.002866 | +0.061% | $9K | $162K | 10x | as long as short |
| Reya LINEARUSDPERP | +0.0274% | 1h | 0.002866 | +0.083% | $4K | — | 3x | as long as short |
| Hyperliquid LINEA | +0.0442% | 1h | 0.002877 | +0.454% | $2.8M | $281K | 3x | as long as short |
| GMX LINEA/USD [ETH-USDC] | L +0.0455% / S −0.0181% | 1h | 0.002863 | −0.035% | $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
Reya LINEARUSDPERP
Hyperliquid LINEA
GMX LINEA/USD [ETH-USDC]