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: Variational Omni against Injective+2.188%106s7-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 Variational Omni

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 airdropVariational Omni: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Variational Omni is 2.188% dearer against Injective than usual: you sell high and buy low: +$219 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 106 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	Injective LINEA/USDC PERP	0.002810	0.0033	pay 0.0004% / 1h	17m 38s	$734	$39K	5.5x
Short	Variational Omni LINEA	0.002871	0.0100	get 0.0050% / 4h	1h 17m	$110K	$56K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +2.188%Rate

Funding earned: $14
Price spread: +2.188% → 0.000%: $218.75
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $232.73
Costs to cover: 0.000%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Variational Omni: RFQ quote, 46 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 Variational Omni RFQ quote, 46 min ago	8.76 bp	doesn't fit	208.6 bp −$2,086	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	+0.0062%	4h	0.002872	+2.206%	$221K	$30K	50x	as long as short
Lighter LINEA	+0.0096%	1h	0.002886	+2.705%	$114K	$56K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002876	+2.336%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002876	+2.332%	$4.2M	$3.8M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002873	+2.242%	$2.9M	$831K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002874	+2.278%	$1.2M	$956K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002876	+2.349%	$237K	$76K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002876	+2.349%	$3.9M	$1.0M	100x	as long as short
KuCoin LINEAUSDTM	+0.0100%	4h	0.002876	+2.349%	$573K	$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	0.002877	+2.384%	$1.1M	$472K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002875	+2.313%	—	$2.6M	—	as long as short
Backpack LINEA_USDC_PERP	+0.0100%	1h	0.002876	+2.345%	$90K	$61K	10x	as long as short
Variational Omni LINEAshort	+0.0100%	4h	0.002871	+2.188%	$110K	$56K	—
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002871	+2.154%	$140K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002880	+2.491%	$2K	$20K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002930	+4.270%	$2K	$1.5M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002876	+2.358%	$10K	$161K	10x	as long as short
Hyperliquid LINEA	+0.0143%	1h	0.002888	+2.776%	$2.8M	$255K	3x	as long as short
Reya LINEARUSDPERP	+0.0273%	1h	0.002873	+2.255%	$4K	—	3x	as long as short
GMX LINEA/USD [ETH-USDC]	L +0.0455% / S −0.0181%	1h	0.002873	+2.242%	$32K	—	100x	as long as short