Settings8H · net · $10k
Funding arb · Price arb /

LINEA

all LINEA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0092%/8h= −10.0% APRnext payment $0.11 per $10,000 · paid last 24h −0.029%
Price spread now: GMX against Reya−0.031%55s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and GMX is 0.031% cheaper against Reya than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya LINEARUSDPERP0.0028570.0273pay 0.0034% / 1h37m 35s$4K3x
ShortGMX LINEA/USD [ETH-USDC]0.002856L +0.0454% / S −0.0181%get 0.0023% / 1h37m 35s$32K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Reya. 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

Funding earned
−$19.25
Price spread: −0.031% → 0.000%
−$3.09
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee GMX: 6 bp × 2 orders
−$12
Net
−$40.34
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Reya no order-book sample
Sell GMX no order-book sample
Reya and 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 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective LINEA/USDC PERP+0.0033%1h0.002810−1.641%$734$39K5.5xas long as short
Lighter LINEA+0.0096%1h0.002865+0.284%$113K$56K3xas long as short
Aster LINEAUSDT+0.0100%4h0.002857−0.003%$20K$135xas long as short
Binance LINEAUSDT+0.0100%4h0.002855−0.066%$4.1M$3.7M50xas long as short
Bybit LINEAUSDT+0.0100%4h0.002852−0.171%$2.9M$804K50xas long as short
OKX LINEA-USDT-SWAP+0.0100%4h0.002852−0.171%$1.2M$931K50xas long as short
Gate LINEA_USDT+0.0100%4h0.002856−0.031%$235K$76K50xas long as short
MEXC LINEA_USDT+0.0100%4h0.002855−0.066%$3.9M$1.0M100xas long as short
KuCoin LINEAUSDTM+0.0100%4h0.002857+0.004%$569K$61K50xas long as short
Bitget LINEAUSDT+0.0100%4h0.002859+0.074%$1.1M$471K50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX LINEA-USDT+0.0100%4h0.002854−0.101%$2.6Mas long as short
Backpack LINEA_USDC_PERP+0.0100%1h0.002856−0.020%$90K$61K10xas long as short
Variational Omni LINEA+0.0100%4h0.002854−0.085%$110K$57Kas long as short
GRVT LINEA_USDT_Perp+0.0100%4h0.002858+0.039%$148K$2.3M10xas long as short
ApeX Omni LINEAUSDT+0.0100%1h0.002850−0.241%$2K$19K50xas long as short
SunX LINEA-USDT+0.0100%4h0.002910+1.859%$1K$1.5M20xas long as short
Extended LINEA-USD+0.0104%1h0.002853−0.128%$10K$161K10xas long as short
BloFin LINEA-USDT+0.0132%4h0.002854−0.101%$219K$30K50xas long as short
Hyperliquid LINEA+0.0144%1h0.002867+0.354%$2.7M$255K3xas long as short
Reya LINEARUSDPERPlong+0.0273%1h0.002857long leg$4K3x
GMX LINEA/USD [ETH-USDC]shortL +0.0454% / S −0.0181%1h0.002856−0.031%$32K100x