Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0012%/8h= +1.3% APRpaid last 24h −0.026%

Price spread now: Backpack against Binance+0.007%7-day average — · you sell dearer than you buy

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

Long on Binance Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 7 days−0.362%−$36 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: $0 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.362%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance LINEAUSDT	0.002849	0.0100	pay 0.0050% / 4h	1h 00m	$4.1M	$3.6M	50x
Short	Backpack LINEA_USDC_PERP	0.002849	0.0112	get 0.0014% / 1h	0m 42s	$85K	$51K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against Binance. 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 BinancebpFee BackpackbpOrdersPrice spread, now +0.007%Rate

Funding earned: $2.43
Price spread: +0.007% → 0.000%: $0.7
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$16.86
Costs to cover: 0.200%
Break-even: 55.5 days

Slippage unknown: Binance: live order book, 6 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 Binance live order book, 6 min ago	3.51 bp	18.7 bp −$19	58.4 bp −$584	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
Injective LINEA/USDC PERP	+0.0033%	1h	0.002810	−1.369%	$734	$39K	5.5x	as long as short
BloFin LINEA-USDT	+0.0068%	4h	0.002845	−0.140%	$217K	$16K	50x	as long as short
Lighter LINEA	+0.0096%	1h	0.002853	+0.140%	$110K	$55K	3x	as long as short
Hyperliquid LINEA	+0.0100%	1h	0.002858	+0.316%	$2.7M	$255K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002851	+0.083%	$20K	$13	5x	as long as short
Binance LINEAUSDTlong	+0.0100%	4h	0.002849	long leg	$4.1M	$3.6M	50x
Bybit LINEAUSDT	+0.0100%	4h	0.002846	−0.105%	$2.9M	$773K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002846	−0.105%	$1.2M	$942K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002852	+0.105%	$244K	$62K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002848	−0.035%	$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	0.002854	+0.176%	$544K	$51K	50x	as long as short
Bitget LINEAUSDT	+0.0100%	4h	0.002849	0.000%	$1.1M	$484K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002848	−0.035%	—	$2.6M	—	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002841	−0.294%	$113K	$59K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002849	+0.007%	$144K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002840	−0.316%	$2K	$19K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002900	+1.790%	$2K	$1.4M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002848	−0.037%	$12K	$177K	10x	as long as short
Backpack LINEA_USDC_PERPshort	+0.0112%	1h	0.002849	+0.007%	$85K	$51K	10x
Reya LINEARUSDPERP	+0.0270%	1h	0.002846	−0.088%	$4K	—	3x	as long as short
GMX LINEA/USD [ETH-USDC]	L +0.0449% / S −0.0181%	1h	0.002849	0.000%	$32K	—	100x	as long as short