Settings8H · net · $10k
Funding arb · Price arb /

LINEA

all LINEA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0031%/8h= +3.4% APRnext payment +$0.15 per $10,000 · paid last 24h −0.025%
Price spread now: GRVT against BloFin+0.171%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$240as in the Funding arb table
Net, price: spread back to 7d avg − costs−$228as in the Price arb table
costs, in and out, $10k−$2422.416% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.018%+$2 on $10k
Price spread, last 3 days (all we have)−0.087%−$9 · spread now +0.171%, 7d avg +0.035%
Together, before fees−0.069%+ Points / potential airdropGRVT: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and GRVT is 0.136% dearer against BloFin than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin LINEA-USDT0.0028340.0069pay 0.0035% / 4h1h 36m$216K$16K50x
ShortGRVT LINEA_USDT_Perp0.0028390.0100get 0.0050% / 4h1h 36m$141K$2.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against BloFin. 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

Funding earned
$6.49
Price spread: +0.171% → +0.035%
$13.61
Slippage, 4 orders
−$220.61
Fee BloFin: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$221.51
Costs to cover
2.416%
Break-even
246.0 days
Slippage from BloFin: live order book, 38 min ago; GRVT: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 38 min ago5.30 bp21.8 bp −$2241.2 bp −$412doesn't fitdoesn't fit
Sell GRVT live order book, 2 min ago7.04 bp158.1 bp −$158doesn't fitdoesn't fitdoesn't fit

LINEA on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LINEAUSDT−0.0044%4h0.002831−0.106%$2.8M$763K50xas long as short
Injective LINEA/USDC PERP+0.0033%1h0.002810−0.847%$734$39K5.5xas long as short
BloFin LINEA-USDTlong+0.0069%4h0.002834long leg$216K$16K50x
Lighter LINEA+0.0096%1h0.002838+0.141%$109K$55K3xas long as short
Hyperliquid LINEA+0.0100%1h0.002843+0.318%$2.7M$253K3xas long as short
Aster LINEAUSDT+0.0100%4h0.002839+0.172%$20K$135xas long as short
Binance LINEAUSDT+0.0100%4h0.002833−0.030%$4.0M$3.5M50xas long as short
OKX LINEA-USDT-SWAP+0.0100%4h0.002831−0.106%$1.2M$923K50xas long as short
Gate LINEA_USDT+0.0100%4h0.002839+0.176%$242K$61K50xas long as short
MEXC LINEA_USDT+0.0100%4h0.002833−0.035%$3.9M$1.1M100xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin LINEAUSDTM+0.0100%4h0.002841+0.247%$543K$50K50xas long as short
Bitget LINEAUSDT+0.0100%4h0.002835+0.035%$1.1M$481K50xas long as short
BingX LINEA-USDT+0.0100%4h0.0028340.000%$2.6Mas long as short
Variational Omni LINEA+0.0100%4h0.002833−0.047%$113K$59Kas long as short
GRVT LINEA_USDT_Perpshort+0.0100%4h0.002839+0.171%$141K$2.3M10x
ApeX Omni LINEAUSDT+0.0100%1h0.002840+0.212%$2K$19K50xas long as short
SunX LINEA-USDT+0.0100%4h0.002890+1.976%$1K$1.4M20xas long as short
Extended LINEA-USD+0.0104%1h0.002833−0.052%$12K$177K10xas long as short
Reya LINEARUSDPERP+0.0269%1h0.002832−0.053%$4K3xas long as short
Backpack LINEA_USDC_PERP+0.0323%1h0.002835+0.032%$84K$51K10xas long as short
GMX LINEA/USD [ETH-USDC]L +0.0448% / S −0.0181%1h0.002836+0.071%$32K100xas long as short