Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0081%/8h= +8.9% APRpaid last 24h +0.020%

Price spread now: GMX against Gate−0.071%7-day average — · you buy dearer than you sell

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

Long on Gate 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

Funding pays, the price is against you. GMX is 0.071% cheaper against Gate than usual: you would sell low and buy high (spread −0.071% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 2.9 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate LINEA_USDT	0.002827	0.0100	pay 0.0050% / 4h	2h 53m	$236K	$70K	50x
Short	GMX LINEA/USD [ETH-USDC]	0.002825	L +0.0450% / S −0.0181%	get 0.0023% / 1h	53m 57s	$32K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Gate. 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 GatebpFee GMXbpOrdersPrice spread, now −0.071%Rate

Funding earned: $17.05
Price spread: −0.071% → 0.000%: −$7.07
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee GMX: 6 bp × 2 orders: −$12
Net: −$17.02
Costs to cover: 0.270%
Break-even: 14.0 days

Slippage unknown: Gate: live order book, 8 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 Gate live order book, 8 min ago	14.02 bp	426.1 bp −$426	doesn't fit	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
Backpack LINEA_USDC_PERP	−0.0414%	1h	0.002829	+0.074%	$86K	$58K	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	0.002835	+0.283%	$109K	$52K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002825	−0.080%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002829	+0.053%	$4.1M	$3.7M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002823	−0.141%	$2.8M	$790K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002824	−0.106%	$1.2M	$930K	50x	as long as short
Gate LINEA_USDTlong	+0.0100%	4h	0.002827	long leg	$236K	$70K	50x
MEXC LINEA_USDT	+0.0100%	4h	0.002830	+0.106%	$3.9M	$1.1M	100x	as long as short
KuCoin LINEAUSDTM	+0.0100%	4h	0.002831	+0.141%	$564K	$60K	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	0.002829	+0.071%	$1.1M	$478K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002824	−0.106%	—	$2.7M	—	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002822	−0.175%	$112K	$62K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002843	+0.565%	$143K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002840	+0.460%	$2K	$19K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002890	+2.229%	$1K	$1.5M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002828	+0.030%	$9K	$155K	10x	as long as short
BloFin LINEA-USDT	+0.0156%	4h	0.002823	−0.141%	$217K	$15K	50x	as long as short
Hyperliquid LINEA	+0.0174%	1h	0.002836	+0.318%	$2.7M	$255K	3x	as long as short
Reya LINEARUSDPERP	+0.0272%	1h	0.002823	−0.126%	$4K	—	3x	as long as short
GMX LINEA/USD [ETH-USDC]short	L +0.0450% / S −0.0181%	1h	0.002825	−0.071%	$32K	—	100x