Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0107%/8h= +11.8% APRpaid last 24h 0.000%

Price spread now: BloFin against Injective+0.783%7-day average — · you sell dearer than you buy

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

Long on Injective Short on BloFin

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—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BloFin is 0.783% dearer against Injective than usual: you sell high and buy low: +$78 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective LINEA/USDC PERP	0.002810	0.0033	pay 0.0004% / 1h	32m 57s	$734	$39K	5.5x
Short	BloFin LINEA-USDT	0.002832	0.0141	get 0.0070% / 4h	2h 32m	$218K	$13K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Injective. 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 InjectivebpFee BloFinbpOrdersPrice spread, now +0.783%Rate

Funding earned: $22.54
Price spread: +0.783% → 0.000%: $78.29
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee BloFin: 6 bp × 2 orders: −$12
Net: $88.82
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; BloFin: live order book, 50 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 Injective no order-book sample	—	—	—	—	—
Sell BloFin live order book, 50 min ago	3.52 bp	25.1 bp −$25	46.8 bp −$468	doesn't fit	doesn't fit

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
Backpack LINEA_USDC_PERP	−0.0547%	1h	0.002833	+0.815%	$85K	$53K	10x	as long as short
Injective LINEA/USDC PERPlong	+0.0033%	1h	0.002810	long leg	$734	$39K	5.5x
Lighter LINEA	+0.0096%	1h	0.002836	+0.925%	$110K	$58K	3x	as long as short
Hyperliquid LINEA	+0.0100%	1h	0.002840	+1.068%	$2.7M	$254K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002835	+0.889%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002831	+0.748%	$4.0M	$3.6M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002829	+0.676%	$2.9M	$851K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002828	+0.641%	$1.2M	$939K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002836	+0.925%	$241K	$61K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002832	+0.783%	$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	0.002837	+0.961%	$543K	$50K	50x	as long as short
Bitget LINEAUSDT	+0.0100%	4h	0.002833	+0.819%	$1.1M	$480K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002831	+0.747%	—	$2.6M	—	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002826	+0.566%	$113K	$60K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002832	+0.784%	$141K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002830	+0.712%	$2K	$19K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002890	+2.847%	$1K	$1.4M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002831	+0.736%	$12K	$177K	10x	as long as short
BloFin LINEA-USDTshort	+0.0141%	4h	0.002832	+0.783%	$218K	$13K	50x
Reya LINEARUSDPERP	+0.0269%	1h	0.002831	+0.757%	$4K	—	3x	as long as short
GMX LINEA/USD [ETH-USDC]	L +0.0449% / S −0.0181%	1h	0.002835	+0.890%	$32K	—	100x	as long as short