Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.005%

Price spread now: GRVT against Injective+1.531%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 GRVT

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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and GRVT is 1.531% dearer against Injective than usual: you sell high and buy low: +$153 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	43m 52s	$734	$39K	5.5x
Short	GRVT LINEA_USDT_Perp	0.002853	0.0100	get 0.0050% / 4h	1h 43m	$147K	$2.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +1.531%Rate

Funding earned: $14
Price spread: +1.531% → 0.000%: $153.12
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $158.1
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; GRVT: live order book, 5 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 GRVT live order book, 5 min ago	7.01 bp	49.0 bp −$49	121.2 bp −$1,212	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
Injective LINEA/USDC PERPlong	+0.0033%	1h	0.002810	long leg	$734	$39K	5.5x
BloFin LINEA-USDT	+0.0064%	4h	0.002854	+1.566%	$219K	$22K	50x	as long as short
Lighter LINEA	+0.0096%	1h	0.002866	+1.993%	$114K	$56K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002857	+1.658%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002857	+1.673%	$4.1M	$3.7M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002855	+1.601%	$2.9M	$802K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002854	+1.566%	$1.2M	$926K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002858	+1.708%	$235K	$76K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002857	+1.673%	$3.9M	$1.0M	100x	as long as short
KuCoin LINEAUSDTM	+0.0100%	4h	0.002857	+1.673%	$569K	$61K	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	0.002858	+1.708%	$1.1M	$471K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002857	+1.673%	—	$2.6M	—	as long as short
Backpack LINEA_USDC_PERP	+0.0100%	1h	0.002858	+1.698%	$90K	$61K	10x	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002849	+1.388%	$112K	$54K	—	as long as short
GRVT LINEA_USDT_Perpshort	+0.0100%	4h	0.002853	+1.531%	$147K	$2.3M	10x
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002840	+1.068%	$2K	$19K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002910	+3.559%	$1K	$1.5M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002855	+1.610%	$10K	$161K	10x	as long as short
Hyperliquid LINEA	+0.0184%	1h	0.002865	+1.957%	$2.7M	$254K	3x	as long as short
Reya LINEARUSDPERP	+0.0273%	1h	0.002855	+1.616%	$4K	—	3x	as long as short
GMX LINEA/USD [ETH-USDC]	L +0.0453% / S −0.0181%	1h	0.002857	+1.673%	$32K	—	100x	as long as short