Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0110%/8h= +12.1% APRpaid last 24h −0.026%

Price spread now: Backpack against KuCoin−0.028%7-day average — · you buy dearer than you sell

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

Long on KuCoin Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 7 days−0.396%−$40 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Backpack is 0.028% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.028% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 20 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.396%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin LINEAUSDTM	0.002852	0.0100	pay 0.0050% / 4h	56m 57s	$544K	$51K	50x
Short	Backpack LINEA_USDC_PERP	0.002851	0.0210	get 0.0026% / 1h	56m 57s	$85K	$51K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against KuCoin. 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 KuCoinbpFee BackpackbpOrdersPrice spread, now −0.028%Rate

Funding earned: $23.16
Price spread: −0.028% → 0.000%: −$2.81
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$1.65
Costs to cover: 0.220%
Break-even: 7.5 days

Slippage unknown: KuCoin: live order book, 6 min ago; Backpack: 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 KuCoin live order book, 6 min ago	26.30 bp	152.9 bp −$153	doesn't fit	doesn't fit	doesn't fit
Sell Backpack no order-book sample	—	—	—	—	—

Backpack: 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	−1.473%	$734	$39K	5.5x	as long as short
BloFin LINEA-USDT	+0.0090%	4h	0.002850	−0.070%	$218K	$16K	50x	as long as short
Lighter LINEA	+0.0096%	1h	0.002854	+0.070%	$110K	$54K	3x	as long as short
Hyperliquid LINEA	+0.0100%	1h	0.002860	+0.281%	$2.7M	$255K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002852	+0.009%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002849	−0.105%	$4.1M	$3.6M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002846	−0.210%	$2.9M	$775K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002847	−0.175%	$1.2M	$944K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002852	0.000%	$244K	$60K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002849	−0.105%	$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 LINEAUSDTMlong	+0.0100%	4h	0.002852	long leg	$544K	$51K	50x
Bitget LINEAUSDT	+0.0100%	4h	0.002851	−0.035%	$1.1M	$484K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002849	−0.105%	—	$2.6M	—	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002843	−0.329%	$113K	$59K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002848	−0.140%	$144K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002850	−0.070%	$2K	$19K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002910	+2.034%	$2K	$1.5M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002847	−0.177%	$12K	$177K	10x	as long as short
Backpack LINEA_USDC_PERPshort	+0.0210%	1h	0.002851	−0.028%	$85K	$51K	10x
Reya LINEARUSDPERP	+0.0270%	1h	0.002849	−0.089%	$4K	—	3x	as long as short
GMX LINEA/USD [ETH-USDC]	L +0.0449% / S −0.0181%	1h	0.002852	0.000%	$32K	—	100x	as long as short