Funding arb · Price arb /

LINEA

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0172%/8h= −18.8% APRpaid last 24h −0.048%

Price spread now: KuCoin against Reya+0.037%7-day average — · you sell dearer than you buy

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

Long on Reya Short on KuCoin

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 airdropReya: Active · farm boardneeds both histories

The price spread pays, funding is against you. KuCoin is 0.037% dearer against Reya than usual: you sell high and buy low (spread +0.037% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 17 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya LINEARUSDPERP	0.002839	0.0272	pay 0.0034% / 1h	43m 13s	$4K	—	3x
Short	KuCoin LINEAUSDTM	0.002840	0.0100	get 0.0050% / 4h	2h 43m	$566K	$61K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee ReyabpFee KuCoinbpOrdersPrice spread, now +0.037%Rate

Funding earned: −$36.1
Price spread: +0.037% → 0.000%: $3.73
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$50.37
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; KuCoin: live order book, 70 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 Reya no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 70 min ago	13.94 bp	255.9 bp −$256	746.6 bp −$7,466	doesn't fit	doesn't fit

Reya: 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	−1.019%	$734	$39K	5.5x	as long as short
Lighter LINEA	+0.0096%	1h	0.002848	+0.319%	$110K	$52K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002839	−0.007%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002838	−0.019%	$4.1M	$3.7M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002834	−0.174%	$2.8M	$797K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002831	−0.280%	$1.2M	$958K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002839	+0.002%	$237K	$71K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002839	+0.002%	$3.9M	$1.1M	100x	as long as short
KuCoin LINEAUSDTMshort	+0.0100%	4h	0.002840	+0.037%	$566K	$61K	50x
Bitget LINEAUSDT	+0.0100%	4h	0.002840	+0.037%	$1.1M	$486K	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	0.002838	−0.033%	—	$2.6M	—	as long as short
Backpack LINEA_USDC_PERP	+0.0100%	1h	0.002841	+0.076%	$89K	$61K	10x	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002823	−0.577%	$112K	$62K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002835	−0.139%	$142K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002830	−0.315%	$2K	$19K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002900	+2.151%	$2K	$1.5M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002838	−0.023%	$9K	$155K	10x	as long as short
BloFin LINEA-USDT	+0.0127%	4h	0.002839	+0.002%	$219K	$15K	50x	as long as short
Reya LINEARUSDPERPlong	+0.0272%	1h	0.002839	long leg	$4K	—	3x
Hyperliquid LINEA	+0.0367%	1h	0.002849	+0.354%	$2.7M	$256K	3x	as long as short
GMX LINEA/USD [ETH-USDC]	L +0.0451% / S −0.0181%	1h	0.002840	+0.037%	$32K	—	100x	as long as short