Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.005%

Price spread now: Injective against GRVT−1.492%7-day average — · you buy dearer than you sell

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

Long on GRVT Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no 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 Injective is 1.492% cheaper against GRVT than usual: you would sell low and buy high (−$149 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	GRVT LINEA_USDT_Perp	0.002853	0.0100	pay 0.0050% / 4h	3h 31m	$149K	$2.3M	10x
Short	Injective LINEA/USDC PERP	0.002810	0.0033	get 0.0004% / 1h	31m 54s	$734	$39K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against GRVT. 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 GRVTbpFee InjectivebpOrdersPrice spread, now −1.492%Rate

Funding earned: −$14
Price spread: −1.492% → 0.000%: −$149.21
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$172.23
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: GRVT: live order book, 2 min ago; Injective: 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 GRVT live order book, 2 min ago	5.26 bp	40.4 bp −$40	122.9 bp −$1,229	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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 PERPshort	+0.0033%	1h	0.002810	−1.492%	$734	$39K	5.5x
BloFin LINEA-USDT	+0.0041%	4h	0.002847	−0.195%	$217K	$30K	50x	as long as short
Backpack LINEA_USDC_PERP	+0.0059%	1h	0.002848	−0.142%	$90K	$61K	10x	as long as short
Lighter LINEA	+0.0096%	1h	0.002854	+0.050%	$112K	$56K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002848	−0.171%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002848	−0.161%	$4.1M	$4.0M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002845	−0.265%	$2.9M	$844K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002845	−0.265%	$1.2M	$970K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002849	−0.125%	$235K	$78K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002848	−0.160%	$4.0M	$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	0.002849	−0.125%	$568K	$60K	50x	as long as short
Bitget LINEAUSDT	+0.0100%	4h	0.002850	−0.090%	$1.1M	$471K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002848	−0.160%	—	$2.6M	—	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002844	−0.300%	$109K	$55K	—	as long as short
GRVT LINEA_USDT_Perplong	+0.0100%	4h	0.002853	long leg	$149K	$2.3M	10x
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002850	−0.090%	$2K	$20K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002910	+2.013%	$2K	$1.7M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002847	−0.189%	$13K	$163K	10x	as long as short
GMX LINEA/USD [ETH-USDC]	L +0.0179% / S +0.0151%	1h	0.002847	−0.195%	$33K	—	100x	as long as short
Reya LINEARUSDPERP	+0.0275%	1h	0.002848	−0.164%	$4K	—	3x	as long as short
Hyperliquid LINEA	+0.0624%	1h	0.002857	+0.156%	$2.8M	$281K	3x	as long as short