Funding you earn now, next payment 10:00 UTC−0.0408%/8h= −44.7% APRpaid last 24h −0.032%
Price spread now: Backpack against KuCoin+0.057%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.396%−$40 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Backpack is 0.057% dearer against KuCoin than usual: you sell high and buy low (spread +0.057% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 7 days (−0.396% in total) that is about 24 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LINEAUSDTM | 0.002820 | 0.0100 | pay 0.0050% / 4h | 2h 55m | $501K | $73K | 50x |
| Short | Backpack LINEA_USDC_PERP | 0.002822 | −0.0308 | pay 0.0039% / 1h | 55m 44s | $88K | $61K | 10x |
KuCoin LINEAUSDTM
Backpack LINEA_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against KuCoin. 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
- −$85.68
- Price spread: +0.057% → 0.000%
- $5.67
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$102.01
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 28 min ago; Backpack: 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 KuCoin live order book, 28 min ago | 14.16 bp | 91.0 bp −$91 | doesn't fit | doesn't fit | doesn't fit |
| Sell Backpack no order-book sample | — | — | — | — | — |
Backpack: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit LINEAUSDT | −0.0580% | 4h | 0.002807 | −0.461% | $2.8M | $1.1M | 50x | as long as short |
| Backpack LINEA_USDC_PERPshort | −0.0308% | 1h | 0.002822 | +0.057% | $88K | $61K | 10x | |
| Injective LINEA/USDC PERP | +0.0033% | 1h | 0.002810 | −0.355% | $734 | $39K | 5.5x | as long as short |
| BloFin LINEA-USDT | +0.0044% | 4h | 0.002830 | +0.355% | $211K | $30K | 50x | as long as short |
| Lighter LINEA | +0.0096% | 1h | 0.002826 | +0.213% | $111K | $46K | 3x | as long as short |
| Hyperliquid LINEA | +0.0100% | 1h | 0.002827 | +0.248% | $2.7M | $312K | 3x | as long as short |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002818 | −0.088% | $20K | $3K | 5x | as long as short |
| Binance LINEAUSDT | +0.0100% | 4h | 0.002813 | −0.239% | $4.0M | $4.0M | 50x | as long as short |
| OKX LINEA-USDT-SWAP | +0.0100% | 4h | 0.002810 | −0.355% | $1.2M | $992K | 50x | as long as short |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002822 | +0.071% | $230K | $80K | 50x | as long as short |
Bybit LINEAUSDT
Injective LINEA/USDC PERP
BloFin LINEA-USDT
Lighter LINEA
Hyperliquid LINEA
Aster LINEAUSDT
Binance 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 | 0.002811 | −0.319% | $4.0M | $1.0M | 100x | as long as short |
| KuCoin LINEAUSDTMlong | +0.0100% | 4h | 0.002820 | long leg | $501K | $73K | 50x | |
| Bitget LINEAUSDT | +0.0100% | 4h | 0.002813 | −0.248% | $1.0M | $426K | 50x | as long as short |
| BingX LINEA-USDT | +0.0100% | 4h | 0.002811 | −0.319% | — | $2.5M | — | as long as short |
| Variational Omni LINEA | +0.0100% | 4h | 0.002815 | −0.161% | $109K | $48K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002834 | +0.496% | $146K | $2.2M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002830 | +0.355% | $2K | $20K | 50x | as long as short |
| SunX LINEA-USDT | +0.0100% | 4h | 0.002880 | +2.128% | $2K | $1.7M | 20x | as long as short |
| Extended LINEA-USD | +0.0104% | 1h | 0.002817 | −0.101% | $9K | $220K | 10x | as long as short |
| Reya LINEARUSDPERP | +0.0279% | 1h | 0.002822 | +0.065% | $4K | — | 3x | as long as short |
| GMX LINEA/USD [ETH-USDC] | L +0.0447% / S −0.0179% | 1h | 0.002822 | +0.071% | $32K | — | 100x | as long as short |
MEXC LINEA_USDT
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]