Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0176%/8h= +19.3% APRpaid last 24h +0.050%

Price spread now: Reya against GRVT−0.286%64s7-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 Reya

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 airdropGRVT: Active · Reya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.286% cheaper against GRVT than usual: you would sell low and buy high (spread −0.286% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$29 on $10k: about 5.4 days of funding at the current rate (+$5 a day). The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT LINEA_USDT_Perp	0.002818	0.0100	pay 0.0050% / 4h	1h 36m	$145K	$2.2M	10x
Short	Reya LINEARUSDPERP	0.002810	0.0276	get 0.0035% / 1h	36m 19s	$4K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now −0.286%Rate

Funding earned: $37.03
Price spread: −0.286% → 0.000%: −$28.64
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Reya: 3 bp × 2 orders: −$6
Net: −$6.61
Costs to cover: 0.150%
Break-even: 8.2 days

Slippage unknown: GRVT: live order book, 1 min ago; Reya: 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, 1 min ago	5.33 bp	70.5 bp −$70	2170.6 bp −$21.7K	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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	−0.284%	$734	$39K	5.5x	as long as short
BloFin LINEA-USDT	+0.0047%	4h	0.002813	−0.177%	$212K	$29K	50x	as long as short
Lighter LINEA	+0.0096%	1h	0.002818	0.000%	$110K	$55K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002812	−0.216%	$20K	$2K	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002810	−0.273%	$4.0M	$4.2M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002809	−0.319%	$2.8M	$905K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002809	−0.319%	$1.2M	$1.0M	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002816	−0.071%	$228K	$84K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002811	−0.248%	$3.9M	$1.1M	100x	as long as short
KuCoin LINEAUSDTM	+0.0100%	4h	0.002816	−0.071%	$507K	$82K	50x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget LINEAUSDT	+0.0100%	4h	0.002816	−0.071%	$1.1M	$484K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002811	−0.248%	—	$2.6M	—	as long as short
Backpack LINEA_USDC_PERP	+0.0100%	1h	0.002814	−0.142%	$88K	$62K	10x	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002811	−0.248%	$109K	$56K	—	as long as short
GRVT LINEA_USDT_Perplong	+0.0100%	4h	0.002818	long leg	$145K	$2.2M	10x
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002820	+0.071%	$2K	$20K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002870	+1.845%	$2K	$1.8M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002812	−0.202%	$9K	$110K	10x	as long as short
Hyperliquid LINEA	+0.0137%	1h	0.002821	+0.106%	$2.7M	$323K	3x	as long as short
Reya LINEARUSDPERPshort	+0.0276%	1h	0.002810	−0.286%	$4K	—	3x
GMX LINEA/USD [ETH-USDC]	L +0.0448% / S −0.0179%	1h	0.002811	−0.248%	$32K	—	100x	as long as short