Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0080%/8h= −8.8% APRpaid last 24h −0.091%

Price spread now: KuCoin against GMX+0.105%7-day average — · you sell dearer than you buy

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

Long on GMX Short on KuCoin

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

The price spread pays, funding is against you. KuCoin is 0.105% dearer against GMX than usual: you sell high and buy low (spread +0.105% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX LINEA/USD [ETH-USDC]	0.002866	L +0.0180% / S +0.0151%	pay 0.0023% / 1h	49m 16s	$33K	—	100x
Short	KuCoin LINEAUSDTM	0.002869	0.0100	get 0.0050% / 4h	3h 49m	$572K	$61K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.105%Rate

Funding earned: −$16.84
Price spread: +0.105% → 0.000%: $10.47
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$30.37
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; KuCoin: live order book, 24 min ago. 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 KuCoin live order book, 24 min ago	17.39 bp	239.9 bp −$240	736.2 bp −$7,362	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective LINEA/USDC PERP	+0.0033%	1h	0.002810	−1.954%	$734	$39K	5.5x	as long as short
BloFin LINEA-USDT	+0.0095%	4h	0.002867	+0.035%	$218K	$30K	50x	as long as short
Lighter LINEA	+0.0096%	1h	0.002873	+0.244%	$112K	$56K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002869	+0.100%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002868	+0.070%	$4.1M	$4.0M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002864	−0.070%	$2.9M	$839K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002864	−0.070%	$1.2M	$965K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002869	+0.105%	$236K	$78K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002867	+0.035%	$4.0M	$1.0M	100x	as long as short
KuCoin LINEAUSDTMshort	+0.0100%	4h	0.002869	+0.105%	$572K	$61K	50x

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget LINEAUSDT	+0.0100%	4h	0.002869	+0.105%	$1.1M	$471K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002866	0.000%	—	$2.7M	—	as long as short
Backpack LINEA_USDC_PERP	+0.0100%	1h	0.002868	+0.056%	$90K	$61K	10x	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002863	−0.087%	$110K	$56K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002871	+0.159%	$150K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002870	+0.140%	$2K	$20K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002930	+2.233%	$2K	$1.6M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002867	+0.025%	$14K	$167K	10x	as long as short
GMX LINEA/USD [ETH-USDC]long	L +0.0180% / S +0.0151%	1h	0.002866	long leg	$33K	—	100x
Reya LINEARUSDPERP	+0.0274%	1h	0.002866	+0.015%	$4K	—	3x	as long as short
Hyperliquid LINEA	+0.0419%	1h	0.002876	+0.349%	$2.8M	$281K	3x	as long as short