Funding arb · Price arb /

LINEA

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.005%

Price spread now: MEXC against Injective+0.107%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 MEXC

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 +$2 a day on $10k at the current rate, and MEXC is 0.107% dearer against Injective than usual: you sell high and buy low: +$11 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	36m 54s	$734	$39K	5.5x
Short	MEXC LINEA_USDT	0.002813	0.0100	get 0.0050% / 4h	1h 36m	$3.9M	$1.1M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.107%Rate

Funding earned: $14
Price spread: +0.107% → 0.000%: $10.68
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee MEXC: 2 bp × 2 orders: −$4
Net: $20.66
Costs to cover: 0.040%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; MEXC: 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 MEXC live order book, 5 min ago	1.78 bp	8.0 bp −$8	37.3 bp −$373	303.1 bp −$30.3K	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	+0.0047%	4h	0.002813	+0.107%	$212K	$29K	50x	as long as short
Lighter LINEA	+0.0096%	1h	0.002818	+0.285%	$110K	$55K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002814	+0.146%	$20K	$2K	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002813	+0.109%	$4.0M	$4.2M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002811	+0.036%	$2.8M	$905K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002811	+0.036%	$1.2M	$1.0M	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002816	+0.214%	$228K	$84K	50x	as long as short
MEXC LINEA_USDTshort	+0.0100%	4h	0.002813	+0.107%	$3.9M	$1.1M	100x
KuCoin LINEAUSDTM	+0.0100%	4h	0.002816	+0.214%	$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	0.002817	+0.249%	$1.1M	$484K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002812	+0.071%	—	$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	+0.036%	$109K	$56K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002818	+0.285%	$145K	$2.2M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002820	+0.356%	$2K	$20K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002870	+2.135%	$2K	$1.8M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002812	+0.064%	$9K	$110K	10x	as long as short
Hyperliquid LINEA	+0.0137%	1h	0.002823	+0.463%	$2.7M	$323K	3x	as long as short
Reya LINEARUSDPERP	+0.0276%	1h	0.002813	+0.122%	$4K	—	3x	as long as short
GMX LINEA/USD [ETH-USDC]	L +0.0448% / S −0.0179%	1h	0.002814	+0.142%	$32K	—	100x	as long as short