Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0176%/8h= +19.2% APRpaid last 24h +0.050%

Price spread now: Reya against Binance−0.032%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Reya

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—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.032% cheaper against Binance than usual: you would sell low and buy high (spread −0.032% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 15 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance LINEAUSDT	0.002814	0.0100	pay 0.0050% / 4h	2h 20m	$4.0M	$4.2M	50x
Short	Reya LINEARUSDPERP	0.002813	0.0276	get 0.0034% / 1h	20m 02s	$4K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now −0.032%Rate

Funding earned: $36.9
Price spread: −0.032% → 0.000%: −$3.19
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: $17.71
Costs to cover: 0.160%
Break-even: 3.6 days

Slippage unknown: Binance: live order book, 2 min ago; Reya: 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, 2 min ago	1.78 bp	20.3 bp −$20	61.6 bp −$616	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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
Backpack LINEA_USDC_PERP	−0.0068%	1h	0.002815	+0.060%	$88K	$62K	10x	as long as short
Injective LINEA/USDC PERP	+0.0033%	1h	0.002810	−0.135%	$734	$39K	5.5x	as long as short
BloFin LINEA-USDT	+0.0052%	4h	0.002806	−0.278%	$213K	$29K	50x	as long as short
Lighter LINEA	+0.0096%	1h	0.002823	+0.327%	$111K	$57K	3x	as long as short
Hyperliquid LINEA	+0.0100%	1h	0.002822	+0.291%	$2.7M	$322K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002814	−0.011%	$20K	$2K	5x	as long as short
Binance LINEAUSDTlong	+0.0100%	4h	0.002814	long leg	$4.0M	$4.2M	50x
Bybit LINEAUSDT	+0.0100%	4h	0.002814	+0.007%	$2.8M	$899K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002813	−0.029%	$1.2M	$997K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002815	+0.042%	$228K	$85K	50x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC LINEA_USDT	+0.0100%	4h	0.002814	+0.007%	$3.9M	$1.1M	100x	as long as short
KuCoin LINEAUSDTM	+0.0100%	4h	0.002815	+0.042%	$527K	$78K	50x	as long as short
Bitget LINEAUSDT	+0.0100%	4h	0.002816	+0.078%	$1.0M	$480K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002813	−0.029%	—	$2.6M	—	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002803	−0.402%	$108K	$56K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002799	−0.526%	$138K	$2.2M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002790	−0.846%	$2K	$20K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002870	+1.997%	$1K	$1.7M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002812	−0.057%	$11K	$109K	10x	as long as short
Reya LINEARUSDPERPshort	+0.0276%	1h	0.002813	−0.032%	$4K	—	3x
GMX LINEA/USD [ETH-USDC]	L +0.0448% / S −0.0179%	1h	0.002815	+0.042%	$32K	—	100x	as long as short