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

LINEA

all LINEA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0081%/8h= −8.9% APRpaid last 24h −0.094%
Price spread now: GRVT against GMX−0.055%69s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropGRVT: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and GRVT is 0.055% cheaper against GMX than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 69 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX LINEA/USD [ETH-USDC]0.002867L +0.0181% / S +0.0150%pay 0.0023% / 1h1m 49s$33K100x
ShortGRVT LINEA_USDT_Perp0.0028650.0100get 0.0050% / 4h1m 49s$150K$2.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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

Funding earned
−$16.97
Price spread: −0.055% → 0.000%
−$5.49
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$43.46
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; GRVT: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell GRVT live order book, 2 min ago5.22 bp56.7 bp −$57201.5 bp −$2,015doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective LINEA/USDC PERP+0.0033%1h0.002810−1.988%$734$39K5.5xas long as short
Lighter LINEA+0.0096%1h0.002871+0.140%$112K$56K3xas long as short
Aster LINEAUSDT+0.0100%4h0.002869+0.065%$20K$135xas long as short
Binance LINEAUSDT+0.0100%4h0.002868+0.043%$4.1M$3.9M50xas long as short
Bybit LINEAUSDT+0.0100%4h0.0028670.000%$2.9M$838K50xas long as short
OKX LINEA-USDT-SWAP+0.0100%4h0.002865−0.070%$1.2M$970K50xas long as short
Gate LINEA_USDT+0.0100%4h0.0028670.000%$236K$78K50xas long as short
MEXC LINEA_USDT+0.0100%4h0.002868+0.035%$4.0M$1.1M100xas long as short
KuCoin LINEAUSDTM+0.0100%4h0.002869+0.070%$572K$61K50xas long as short
Bitget LINEAUSDT+0.0100%4h0.002870+0.105%$1.1M$471K50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX LINEA-USDT+0.0100%4h0.002868+0.035%$2.6Mas long as short
Backpack LINEA_USDC_PERP+0.0100%1h0.002869+0.070%$90K$61K10xas long as short
Variational Omni LINEA+0.0100%4h0.002858−0.314%$110K$56Kas long as short
GRVT LINEA_USDT_Perpshort+0.0100%4h0.002865−0.055%$150K$2.3M10x
ApeX Omni LINEAUSDT+0.0100%1h0.002860−0.244%$2K$20K50xas long as short
SunX LINEA-USDT+0.0100%4h0.002930+2.197%$1K$1.6M20xas long as short
Extended LINEA-USD+0.0104%1h0.002868+0.024%$9K$162K10xas long as short
BloFin LINEA-USDT+0.0137%4h0.002868+0.035%$218K$30K50xas long as short
GMX LINEA/USD [ETH-USDC]longL +0.0181% / S +0.0150%1h0.002867long leg$33K100x
Reya LINEARUSDPERP+0.0274%1h0.002867+0.014%$4K3xas long as short
Hyperliquid LINEA+0.0388%1h0.002880+0.453%$2.8M$281K3xas long as short