Funding you earn now, next payment 04:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.11 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against OKX−0.140%93s7-day average +0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as 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−$930.931% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 3 days (all we have)+0.271%+$27 · spread now −0.140%, 7d avg +0.086%
=Funding pays, the price is against you. BloFin is 0.226% cheaper against OKX than usual: you would sell low and buy high (spread −0.140% now, against its 7-day average of +0.086%). If the spread goes back, that is −$23 on $10k: about 36 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.003% in total) that is about 18 months. The two prices were read 93 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 | OKX LINEA-USDT-SWAP | 0.002862 | 0.0100 | pay 0.0050% / 4h | 3h 25m | $1.2M | $936K | 50x |
| Short | BloFin LINEA-USDT | 0.002858 | 0.0121 | get 0.0061% / 4h | 3h 25m | $218K | $15K | 50x |
OKX LINEA-USDT-SWAP
BloFin LINEA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- $4.43
- Price spread: −0.140% → +0.086%
- −$22.61
- Slippage, 4 orders
- −$71.08
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$111.25
- Costs to cover
- 0.931%
- Break-even
- 182.8 days
Slippage from OKX: live order book, 1 min ago; BloFin: live order book, 40 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 OKX live order book, 1 min ago | 3.49 bp | 30.9 bp −$31 | 213.4 bp −$2,134 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 40 min ago | 3.50 bp | 22.7 bp −$23 | 45.0 bp −$450 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit LINEAUSDT | −0.0020% | 4h | 0.002864 | +0.070% | $2.9M | $784K | 50x | as long as short |
| Injective LINEA/USDC PERP | +0.0033% | 1h | 0.002810 | −1.817% | $734 | $39K | 5.5x | as long as short |
| Lighter LINEA | +0.0096% | 1h | 0.002871 | +0.314% | $111K | $52K | 3x | as long as short |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002867 | +0.177% | $20K | $13 | 5x | as long as short |
| Binance LINEAUSDT | +0.0100% | 4h | 0.002866 | +0.140% | $4.1M | $3.6M | 50x | as long as short |
| OKX LINEA-USDT-SWAPlong | +0.0100% | 4h | 0.002862 | long leg | $1.2M | $936K | 50x | |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002865 | +0.105% | $241K | $69K | 50x | as long as short |
| MEXC LINEA_USDT | +0.0100% | 4h | 0.002867 | +0.175% | $4.0M | $1.1M | 100x | as long as short |
| KuCoin LINEAUSDTM | +0.0100% | 4h | 0.002867 | +0.175% | $563K | $58K | 50x | as long as short |
| Bitget LINEAUSDT | +0.0100% | 4h | 0.002867 | +0.175% | $1.1M | $476K | 50x | as long as short |
Bybit LINEAUSDT
Injective LINEA/USDC PERP
Lighter LINEA
Aster LINEAUSDT
Binance LINEAUSDT
Gate LINEA_USDT
MEXC LINEA_USDT
KuCoin LINEAUSDTM
Bitget LINEAUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX LINEA-USDT | +0.0100% | 4h | 0.002863 | +0.035% | — | $2.7M | — | as long as short |
| Variational Omni LINEA | +0.0100% | 4h | 0.002863 | +0.018% | $115K | $60K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002859 | −0.107% | $142K | $2.3M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002860 | −0.070% | $2K | $19K | 50x | as long as short |
| SunX LINEA-USDT | +0.0100% | 4h | 0.002930 | +2.376% | $2K | $1.5M | 20x | as long as short |
| Extended LINEA-USD | +0.0104% | 1h | 0.002866 | +0.135% | $10K | $156K | 10x | as long as short |
| BloFin LINEA-USDTshort | +0.0121% | 4h | 0.002858 | −0.140% | $218K | $15K | 50x | |
| Backpack LINEA_USDC_PERP | +0.0131% | 1h | 0.002869 | +0.238% | $85K | $51K | 10x | as long as short |
| Hyperliquid LINEA | +0.0153% | 1h | 0.002878 | +0.559% | $2.7M | $255K | 3x | as long as short |
| Reya LINEARUSDPERP | +0.0271% | 1h | 0.002866 | +0.138% | $4K | — | 3x | as long as short |
| GMX LINEA/USD [ETH-USDC] | L +0.0451% / S −0.0181% | 1h | 0.002868 | +0.210% | $32K | — | 100x | as long as short |
BingX LINEA-USDT
Variational Omni LINEA
GRVT LINEA_USDT_Perp
ApeX Omni LINEAUSDT
SunX LINEA-USDT
Extended LINEA-USD
Backpack LINEA_USDC_PERP
Hyperliquid LINEA
Reya LINEARUSDPERP
GMX LINEA/USD [ETH-USDC]