Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0348%/8h= −38.2% APRpaid last 24h −0.094%

Price spread now: Aster against GMX−0.035%7-day average — · you buy dearer than you sell

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

Long on GMX Short on Aster

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 airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Aster is 0.035% cheaper against GMX than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX LINEA/USD [ETH-USDC]	0.002831	L +0.0448% / S −0.0181%	pay 0.0056% / 1h	39m 37s	$32K	—	100x
Short	Aster LINEAUSDT	0.002830	0.0100	get 0.0050% / 4h	2h 39m	$20K	$13	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against GMX. 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 GMXbpFee AsterbpOrdersPrice spread, now −0.035%Rate

Funding earned: −$73.16
Price spread: −0.035% → 0.000%: −$3.53
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$96.7
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Aster: 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 GMX no order-book sample	—	—	—	—	—
Sell Aster no order-book sample	—	—	—	—	—

GMX and Aster: 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	−0.0507%	1h	0.002829	−0.067%	$85K	$53K	10x	as long as short
Injective LINEA/USDC PERP	+0.0033%	1h	0.002810	−0.742%	$734	$39K	5.5x	as long as short
Lighter LINEA	+0.0096%	1h	0.002835	+0.141%	$110K	$58K	3x	as long as short
Hyperliquid LINEA	+0.0100%	1h	0.002836	+0.177%	$2.7M	$254K	3x	as long as short
Aster LINEAUSDTshort	+0.0100%	4h	0.002830	−0.035%	$20K	$13	5x
Binance LINEAUSDT	+0.0100%	4h	0.002826	−0.177%	$4.0M	$3.6M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002824	−0.247%	$2.9M	$850K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002822	−0.318%	$1.2M	$937K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002829	−0.071%	$241K	$61K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002827	−0.141%	$3.8M	$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	0.002830	−0.035%	$541K	$50K	50x	as long as short
Bitget LINEAUSDT	+0.0100%	4h	0.002829	−0.071%	$1.1M	$480K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002826	−0.177%	—	$2.6M	—	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002824	−0.247%	$113K	$60K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002829	−0.072%	$141K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002820	−0.389%	$2K	$19K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002890	+2.084%	$2K	$1.4M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002823	−0.277%	$12K	$177K	10x	as long as short
BloFin LINEA-USDT	+0.0151%	4h	0.002828	−0.106%	$219K	$13K	50x	as long as short
Reya LINEARUSDPERP	+0.0268%	1h	0.002828	−0.112%	$4K	—	3x	as long as short
GMX LINEA/USD [ETH-USDC]long	L +0.0448% / S −0.0181%	1h	0.002831	long leg	$32K	—	100x