Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0081%/8h= +8.9% APRpaid last 24h +0.020%

Price spread now: GMX against BingX+0.177%7-day average — · you sell dearer than you buy

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

Long on BingX 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 0.177% dearer against BingX than usual: you sell high and buy low: +$18 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	BingX LINEA-USDT	0.002827	0.0100	pay 0.0050% / 4h	2h 47m	—	$2.6M	—
Short	GMX LINEA/USD [ETH-USDC]	0.002832	L +0.0448% / S −0.0181%	get 0.0023% / 1h	47m 43s	$32K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against BingX. 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 BingXbpFee GMXbpOrdersPrice spread, now +0.177%Rate

Funding earned: $17.05
Price spread: +0.177% → 0.000%: $17.69
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $12.74
Costs to cover: 0.220%
Break-even: 1.8 days

Slippage unknown: BingX: live order book, 2 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 BingX live order book, 2 min ago	5.31 bp	19.7 bp −$20	47.0 bp −$470	763.5 bp −$76.3K	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
Backpack LINEA_USDC_PERP	−0.0372%	1h	0.002830	+0.120%	$85K	$54K	10x	as long as short
Injective LINEA/USDC PERP	+0.0033%	1h	0.002810	−0.601%	$734	$39K	5.5x	as long as short
Lighter LINEA	+0.0096%	1h	0.002832	+0.177%	$110K	$58K	3x	as long as short
Hyperliquid LINEA	+0.0100%	1h	0.002839	+0.424%	$2.7M	$254K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002832	+0.167%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002830	+0.106%	$4.0M	$3.6M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002827	0.000%	$2.9M	$851K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002825	−0.071%	$1.2M	$940K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002833	+0.212%	$241K	$61K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002828	+0.035%	$3.8M	$1.0M	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	0.002833	+0.212%	$542K	$50K	50x	as long as short
Bitget LINEAUSDT	+0.0100%	4h	0.002831	+0.141%	$1.1M	$481K	50x	as long as short
BingX LINEA-USDTlong	+0.0100%	4h	0.002827	long leg	—	$2.6M	—
Variational Omni LINEA	+0.0100%	4h	0.002823	−0.159%	$113K	$60K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002829	+0.085%	$139K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002820	−0.248%	$2K	$19K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002890	+2.229%	$1K	$1.4M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002828	+0.045%	$12K	$177K	10x	as long as short
BloFin LINEA-USDT	+0.0129%	4h	0.002828	+0.035%	$218K	$13K	50x	as long as short
Reya LINEARUSDPERP	+0.0268%	1h	0.002829	+0.069%	$4K	—	3x	as long as short
GMX LINEA/USD [ETH-USDC]short	L +0.0448% / S −0.0181%	1h	0.002832	+0.177%	$32K	—	100x