Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0081%/8h= +8.9% APRpaid last 24h +0.020%

Price spread now: GMX against MEXC+0.035%7-day average — · you sell dearer than you buy

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

Long on MEXC Short on GMX

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—needs both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and GMX is 0.035% dearer against MEXC than usual: you sell high and buy low: +$3 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	MEXC LINEA_USDT	0.002861	0.0100	pay 0.0050% / 4h	2h 25m	$3.9M	$1.1M	100x
Short	GMX LINEA/USD [ETH-USDC]	0.002862	L +0.0453% / S −0.0181%	get 0.0023% / 1h	25m 59s	$32K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against MEXC. 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 MEXCbpFee GMXbpOrdersPrice spread, now +0.035%Rate

Funding earned: $17.05
Price spread: +0.035% → 0.000%: $3.5
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee GMX: 6 bp × 2 orders: −$12
Net: $4.55
Costs to cover: 0.160%
Break-even: 5.1 days

Slippage unknown: MEXC: live order book, 1 min ago; GMX: 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 MEXC live order book, 1 min ago	3.49 bp	7.8 bp −$8	27.1 bp −$271	182.9 bp −$18.3K	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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 20 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	−1.783%	$734	$39K	5.5x	as long as short
Lighter LINEA	+0.0096%	1h	0.002873	+0.419%	$114K	$56K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002864	+0.094%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002860	−0.035%	$4.1M	$3.7M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002860	−0.035%	$2.9M	$802K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002857	−0.140%	$1.2M	$954K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002861	0.000%	$239K	$71K	50x	as long as short
MEXC LINEA_USDTlong	+0.0100%	4h	0.002861	long leg	$3.9M	$1.1M	100x
KuCoin LINEAUSDTM	+0.0100%	4h	0.002864	+0.105%	$571K	$61K	50x	as long as short
Bitget LINEAUSDT	+0.0100%	4h	0.002862	+0.035%	$1.1M	$482K	50x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX LINEA-USDT	+0.0100%	4h	0.002861	0.000%	—	$2.7M	—	as long as short
Backpack LINEA_USDC_PERP	+0.0100%	1h	0.002863	+0.059%	$90K	$61K	10x	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002858	−0.104%	$113K	$56K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002854	−0.245%	$143K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002860	−0.035%	$2K	$19K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002920	+2.062%	$2K	$1.5M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002860	−0.045%	$13K	$158K	10x	as long as short
Hyperliquid LINEA	+0.0174%	1h	0.002872	+0.384%	$2.7M	$257K	3x	as long as short
Reya LINEARUSDPERP	+0.0272%	1h	0.002860	−0.020%	$4K	—	3x	as long as short
GMX LINEA/USD [ETH-USDC]short	L +0.0453% / S −0.0181%	1h	0.002862	+0.035%	$32K	—	100x