Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0187%/8h= +20.5% APRpaid last 24h +0.048%

Price spread now: Reya against BloFin+0.207%7-day average — · you sell dearer than you buy

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

Long on BloFin 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

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Reya is 0.207% dearer against BloFin than usual: you sell high and buy low: +$21 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	BloFin LINEA-USDT	0.002858	0.0087	pay 0.0044% / 4h	3h 53m	$218K	$30K	50x
Short	Reya LINEARUSDPERP	0.002864	0.0274	get 0.0034% / 1h	53m 00s	$4K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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

Position, each leg$Hold fordaysFee BloFinbpFee ReyabpOrdersPrice spread, now +0.207%Rate

Funding earned: $39.3
Price spread: +0.207% → 0.000%: $20.69
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Reya: 3 bp × 2 orders: −$6
Net: $41.98
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: BloFin: live order book, 38 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 BloFin live order book, 38 min ago	3.49 bp	10.7 bp −$11	36.9 bp −$369	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
Injective LINEA/USDC PERP	+0.0033%	1h	0.002810	−1.679%	$734	$39K	5.5x	as long as short
BloFin LINEA-USDTlong	+0.0087%	4h	0.002858	long leg	$218K	$30K	50x
Lighter LINEA	+0.0096%	1h	0.002874	+0.560%	$113K	$56K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002869	+0.382%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002871	+0.448%	$4.1M	$4.0M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002868	+0.350%	$2.9M	$838K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002867	+0.315%	$1.2M	$962K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002868	+0.350%	$236K	$78K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002870	+0.420%	$4.0M	$1.0M	100x	as long as short
KuCoin LINEAUSDTM	+0.0100%	4h	0.002867	+0.315%	$571K	$61K	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	0.002871	+0.455%	$1.1M	$471K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002867	+0.315%	—	$2.6M	—	as long as short
Backpack LINEA_USDC_PERP	+0.0100%	1h	0.002871	+0.465%	$90K	$61K	10x	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002853	−0.192%	$110K	$56K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002862	+0.136%	$150K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002860	+0.070%	$2K	$20K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002930	+2.519%	$1K	$1.6M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002869	+0.393%	$9K	$162K	10x	as long as short
GMX LINEA/USD [ETH-USDC]	L +0.0180% / S +0.0150%	1h	0.002865	+0.245%	$33K	—	100x	as long as short
Reya LINEARUSDPERPshort	+0.0274%	1h	0.002864	+0.207%	$4K	—	3x
Hyperliquid LINEA	+0.0440%	1h	0.002880	+0.770%	$2.8M	$281K	3x	as long as short