Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0079%/8h= +8.6% APRpaid last 24h +0.018%

Price spread now: GMX against Binance+0.077%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 GMX

What this pair did over the last

the charts below follow

Funding, last 3 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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and GMX is 0.077% dearer against Binance than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance LINEAUSDT	0.002829	0.0100	pay 0.0050% / 4h	1m 48s	$4.0M	$4.0M	50x
Short	GMX LINEA/USD [ETH-USDC]	0.002831	L +0.0450% / S −0.0179%	get 0.0022% / 1h	1m 48s	$32K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now +0.077%Rate

Funding earned: $16.52
Price spread: +0.077% → 0.000%: $7.67
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $2.19
Costs to cover: 0.220%
Break-even: 6.1 days

Slippage unknown: Binance: live order book, 5 min ago; GMX: 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, 5 min ago	1.77 bp	22.0 bp −$22	62.3 bp −$623	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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	−0.666%	$734	$39K	5.5x	as long as short
BloFin LINEA-USDT	+0.0063%	4h	0.002824	−0.171%	$210K	$31K	50x	as long as short
Lighter LINEA	+0.0096%	1h	0.002834	+0.183%	$111K	$49K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002830	+0.030%	$20K	$2K	5x	as long as short
Binance LINEAUSDTlong	+0.0100%	4h	0.002829	long leg	$4.0M	$4.0M	50x
Bybit LINEAUSDT	+0.0100%	4h	0.002826	−0.100%	$2.9M	$876K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002825	−0.135%	$1.2M	$994K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002829	+0.006%	$229K	$84K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002829	+0.006%	$3.9M	$1.1M	100x	as long as short
KuCoin LINEAUSDTM	+0.0100%	4h	0.002829	+0.006%	$503K	$74K	50x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget LINEAUSDT	+0.0100%	4h	0.002831	+0.077%	$1.1M	$450K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002829	+0.006%	—	$2.6M	—	as long as short
Backpack LINEA_USDC_PERP	+0.0100%	1h	0.002831	+0.059%	$87K	$62K	10x	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002821	−0.290%	$109K	$56K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002828	−0.037%	$146K	$2.2M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002830	+0.041%	$2K	$20K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002890	+2.162%	$1K	$1.7M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002827	−0.053%	$11K	$217K	10x	as long as short
Hyperliquid LINEA	+0.0208%	1h	0.002838	+0.324%	$2.7M	$309K	3x	as long as short
Reya LINEARUSDPERP	+0.0278%	1h	0.002830	+0.041%	$4K	—	3x	as long as short
GMX LINEA/USD [ETH-USDC]short	L +0.0450% / S −0.0179%	1h	0.002831	+0.077%	$32K	—	100x