Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0048%/8h= −5.2% APRpaid last 24h +0.026%

Price spread now: Bitget against Backpack−0.014%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Backpack Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.389%+$39 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.389%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack LINEA_USDC_PERP	0.002836	0.0148	pay 0.0018% / 1h	24m 32s	$84K	$51K	10x
Short	Bitget LINEAUSDT	0.002836	0.0100	get 0.0050% / 4h	1h 24m	$1.1M	$481K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Backpack. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BackpackbpFee BitgetbpOrdersPrice spread, now −0.014%Rate

Funding earned: −$10
Price spread: −0.014% → 0.000%: −$1.41
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$33.41
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Backpack: no order-book sample; Bitget: live order book, 2 min ago. 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 Backpack no order-book sample	—	—	—	—	—
Sell Bitget live order book, 2 min ago	5.29 bp	20.9 bp −$21	50.0 bp −$500	doesn't fit	doesn't fit

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
Injective LINEA/USDC PERP	+0.0033%	1h	0.002810	−0.931%	$734	$39K	5.5x	as long as short
Bybit LINEAUSDT	+0.0049%	4h	0.002833	−0.120%	$2.9M	$773K	50x	as long as short
BloFin LINEA-USDT	+0.0063%	4h	0.002830	−0.226%	$216K	$16K	50x	as long as short
Lighter LINEA	+0.0096%	1h	0.002839	+0.092%	$109K	$55K	3x	as long as short
Hyperliquid LINEA	+0.0100%	1h	0.002847	+0.374%	$2.7M	$252K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002837	+0.036%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002836	−0.012%	$4.0M	$3.6M	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002834	−0.085%	$1.2M	$928K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002838	+0.056%	$242K	$62K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002836	−0.014%	$3.9M	$1.1M	100x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin LINEAUSDTM	+0.0100%	4h	0.002838	+0.056%	$542K	$50K	50x	as long as short
Bitget LINEAUSDTshort	+0.0100%	4h	0.002836	−0.014%	$1.1M	$481K	50x
BingX LINEA-USDT	+0.0100%	4h	0.002833	−0.120%	—	$2.6M	—	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002828	−0.291%	$113K	$59K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002834	−0.084%	$141K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002830	−0.226%	$2K	$19K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002890	+1.890%	$1K	$1.4M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002835	−0.033%	$12K	$177K	10x	as long as short
Backpack LINEA_USDC_PERPlong	+0.0148%	1h	0.002836	long leg	$84K	$51K	10x
Reya LINEARUSDPERP	+0.0270%	1h	0.002834	−0.102%	$4K	—	3x	as long as short
GMX LINEA/USD [ETH-USDC]	L +0.0448% / S −0.0181%	1h	0.002836	−0.014%	$32K	—	100x	as long as short