Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0348%/8h= −38.1% APRpaid last 24h −0.094%

Price spread now: OKX against GMX−0.106%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 OKX

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

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and OKX is 0.106% cheaper against GMX than usual: you would sell low and buy high (−$11 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]	0.002833	L +0.0448% / S −0.0181%	pay 0.0056% / 1h	33m 52s	$32K	—	100x
Short	OKX LINEA-USDT-SWAP	0.002830	0.0100	get 0.0050% / 4h	1h 33m	$1.2M	$922K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.106%Rate

Funding earned: −$73.01
Price spread: −0.106% → 0.000%: −$10.59
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$105.59
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; OKX: live order book, 3 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 OKX live order book, 3 min ago	1.77 bp	23.4 bp −$23	124.6 bp −$1,246	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
Bybit LINEAUSDT	−0.0084%	4h	0.002831	−0.071%	$2.9M	$763K	50x	as long as short
Injective LINEA/USDC PERP	+0.0033%	1h	0.002810	−0.812%	$734	$39K	5.5x	as long as short
BloFin LINEA-USDT	+0.0066%	4h	0.002835	+0.071%	$216K	$16K	50x	as long as short
Lighter LINEA	+0.0096%	1h	0.002835	+0.071%	$109K	$55K	3x	as long as short
Hyperliquid LINEA	+0.0100%	1h	0.002841	+0.282%	$2.7M	$253K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002834	+0.038%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002835	+0.071%	$4.0M	$3.5M	50x	as long as short
OKX LINEA-USDT-SWAPshort	+0.0100%	4h	0.002830	−0.106%	$1.2M	$922K	50x
Gate LINEA_USDT	+0.0100%	4h	0.002836	+0.106%	$242K	$61K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002834	+0.035%	$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	0.002836	+0.106%	$542K	$50K	50x	as long as short
Bitget LINEAUSDT	+0.0100%	4h	0.002834	+0.035%	$1.1M	$481K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002832	−0.035%	—	$2.6M	—	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002829	−0.135%	$113K	$59K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002838	+0.177%	$141K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002840	+0.247%	$2K	$19K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002890	+2.012%	$2K	$1.4M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002833	+0.017%	$12K	$177K	10x	as long as short
Backpack LINEA_USDC_PERP	+0.0236%	1h	0.002834	+0.018%	$84K	$51K	10x	as long as short
Reya LINEARUSDPERP	+0.0269%	1h	0.002829	−0.140%	$4K	—	3x	as long as short
GMX LINEA/USD [ETH-USDC]long	L +0.0448% / S −0.0181%	1h	0.002833	long leg	$32K	—	100x