Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0170%/8h= +18.6% APRpaid last 24h +0.048%

Price spread now: Reya against Gate−0.123%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 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 0.123% cheaper against Gate than usual: you would sell low and buy high (spread −0.123% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 2.4 days of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate LINEA_USDT	0.002847	0.0100	pay 0.0050% / 4h	1h 11m	$244K	$62K	50x
Short	Reya LINEARUSDPERP	0.002843	0.0270	get 0.0034% / 1h	11m 04s	$4K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now −0.123%Rate

Funding earned: $35.65
Price spread: −0.123% → 0.000%: −$12.33
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Reya: 3 bp × 2 orders: −$6
Net: $2.32
Costs to cover: 0.210%
Break-even: 6.5 days

Slippage unknown: Gate: live order book, just now; 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 Gate live order book, just now	15.80 bp	255.6 bp −$256	doesn't fit	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	−1.300%	$734	$39K	5.5x	as long as short
BloFin LINEA-USDT	+0.0043%	4h	0.002842	−0.176%	$217K	$16K	50x	as long as short
Lighter LINEA	+0.0096%	1h	0.002847	0.000%	$110K	$55K	3x	as long as short
Hyperliquid LINEA	+0.0100%	1h	0.002853	+0.211%	$2.7M	$254K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002847	+0.015%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002843	−0.125%	$4.1M	$3.6M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002841	−0.211%	$2.9M	$773K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002839	−0.281%	$1.2M	$931K	50x	as long as short
Gate LINEA_USDTlong	+0.0100%	4h	0.002847	long leg	$244K	$62K	50x
MEXC LINEA_USDT	+0.0100%	4h	0.002843	−0.140%	$3.9M	$1.1M	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	0.002847	0.000%	$543K	$51K	50x	as long as short
Bitget LINEAUSDT	+0.0100%	4h	0.002844	−0.105%	$1.1M	$481K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002842	−0.176%	—	$2.6M	—	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002833	−0.487%	$113K	$59K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002843	−0.131%	$144K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002840	−0.246%	$2K	$19K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002900	+1.862%	$2K	$1.4M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002842	−0.179%	$12K	$177K	10x	as long as short
Backpack LINEA_USDC_PERP	+0.0109%	1h	0.002845	−0.077%	$85K	$51K	10x	as long as short
Reya LINEARUSDPERPshort	+0.0270%	1h	0.002843	−0.123%	$4K	—	3x
GMX LINEA/USD [ETH-USDC]	L +0.0449% / S −0.0181%	1h	0.002846	−0.035%	$32K	—	100x	as long as short