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
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya LINEARUSDPERP | 0.002857 | 0.0273 | pay 0.0034% / 1h | 37m 35s | $4K | — | 3x |
| Short | GMX LINEA/USD [ETH-USDC] | 0.002856 | L +0.0454% / S −0.0181% | get 0.0023% / 1h | 37m 35s | $32K | — | 100x |
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 itlatest
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| Leg | Half-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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective LINEA/USDC PERP | +0.0033% | 1h | 0.002810 | −1.641% | $734 | $39K | 5.5x | as long as short |
| Lighter LINEA | +0.0096% | 1h | 0.002865 | +0.284% | $113K | $56K | 3x | as long as short |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002857 | −0.003% | $20K | $13 | 5x | as long as short |
| Binance LINEAUSDT | +0.0100% | 4h | 0.002855 | −0.066% | $4.1M | $3.7M | 50x | as long as short |
| Bybit LINEAUSDT | +0.0100% | 4h | 0.002852 | −0.171% | $2.9M | $804K | 50x | as long as short |
| OKX LINEA-USDT-SWAP | +0.0100% | 4h | 0.002852 | −0.171% | $1.2M | $931K | 50x | as long as short |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002856 | −0.031% | $235K | $76K | 50x | as long as short |
| MEXC LINEA_USDT | +0.0100% | 4h | 0.002855 | −0.066% | $3.9M | $1.0M | 100x | as long as short |
| KuCoin LINEAUSDTM | +0.0100% | 4h | 0.002857 | +0.004% | $569K | $61K | 50x | as long as short |
| Bitget LINEAUSDT | +0.0100% | 4h | 0.002859 | +0.074% | $1.1M | $471K | 50x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX LINEA-USDT | +0.0100% | 4h | 0.002854 | −0.101% | — | $2.6M | — | as long as short |
| Backpack LINEA_USDC_PERP | +0.0100% | 1h | 0.002856 | −0.020% | $90K | $61K | 10x | as long as short |
| Variational Omni LINEA | +0.0100% | 4h | 0.002854 | −0.085% | $110K | $57K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002858 | +0.039% | $148K | $2.3M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002850 | −0.241% | $2K | $19K | 50x | as long as short |
| SunX LINEA-USDT | +0.0100% | 4h | 0.002910 | +1.859% | $1K | $1.5M | 20x | as long as short |
| Extended LINEA-USD | +0.0104% | 1h | 0.002853 | −0.128% | $10K | $161K | 10x | as long as short |
| BloFin LINEA-USDT | +0.0132% | 4h | 0.002854 | −0.101% | $219K | $30K | 50x | as long as short |
| Hyperliquid LINEA | +0.0144% | 1h | 0.002867 | +0.354% | $2.7M | $255K | 3x | as long as short |
| Reya LINEARUSDPERPlong | +0.0273% | 1h | 0.002857 | long leg | $4K | — | 3x | |
| GMX LINEA/USD [ETH-USDC]short | L +0.0454% / S −0.0181% | 1h | 0.002856 | −0.031% | $32K | — | 100x |
GMX LINEA/USD [ETH-USDC]
Injective LINEA/USDC PERP
Lighter LINEA
Aster LINEAUSDT
Binance LINEAUSDT
Bybit LINEAUSDT
OKX LINEA-USDT-SWAP
Gate LINEA_USDT
MEXC LINEA_USDT
KuCoin LINEAUSDTM
Bitget LINEAUSDT
BingX LINEA-USDT
Backpack LINEA_USDC_PERP
Variational Omni LINEA
GRVT LINEA_USDT_Perp
ApeX Omni LINEAUSDT
SunX LINEA-USDT
Extended LINEA-USD
BloFin LINEA-USDT
Hyperliquid LINEA