Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0081%/8h= +8.9% APRpaid last 24h +0.020%

Price spread now: GMX against SunX−2.014%7-day average — · you buy dearer than you sell

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

Long on SunX 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

Funding pays, the price is against you. GMX is 2.014% cheaper against SunX than usual: you would sell low and buy high (spread −2.014% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$201 on $10k: about 3 months of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX LINEA-USDT	0.002930	0.0100	pay 0.0050% / 4h	3h 16m	$2K	$1.5M	20x
Short	GMX LINEA/USD [ETH-USDC]	0.002871	L +0.0452% / S −0.0181%	get 0.0023% / 1h	16m 17s	$32K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against SunX. 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 SunXbpFee GMXbpOrdersPrice spread, now −2.014%Rate

Funding earned: $17.05
Price spread: −2.014% → 0.000%: −$201.37
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: −$204.31
Costs to cover: 0.200%
Break-even: 90.9 days

Slippage unknown: SunX: live order book, 8 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 SunX live order book, 8 min ago	255.54 bp	doesn't fit	doesn't fit	doesn't fit	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 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	−4.096%	$734	$39K	5.5x	as long as short
Lighter LINEA	+0.0096%	1h	0.002877	−1.809%	$111K	$52K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002869	−2.087%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002870	−2.062%	$4.1M	$3.6M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002866	−2.184%	$2.9M	$780K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002867	−2.150%	$1.2M	$932K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002869	−2.082%	$240K	$70K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002869	−2.082%	$4.0M	$1.1M	100x	as long as short
KuCoin LINEAUSDTM	+0.0100%	4h	0.002870	−2.048%	$563K	$58K	50x	as long as short
Bitget LINEAUSDT	+0.0100%	4h	0.002870	−2.048%	$1.1M	$477K	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	0.002868	−2.116%	—	$2.7M	—	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002866	−2.199%	$115K	$60K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002867	−2.158%	$143K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002860	−2.389%	$2K	$19K	50x	as long as short
SunX LINEA-USDTlong	+0.0100%	4h	0.002930	long leg	$2K	$1.5M	20x
Extended LINEA-USD	+0.0104%	1h	0.002869	−2.085%	$10K	$156K	10x	as long as short
BloFin LINEA-USDT	+0.0129%	4h	0.002866	−2.184%	$218K	$15K	50x	as long as short
Hyperliquid LINEA	+0.0158%	1h	0.002880	−1.706%	$2.7M	$255K	3x	as long as short
Backpack LINEA_USDC_PERP	+0.0198%	1h	0.002868	−2.109%	$85K	$51K	10x	as long as short
Reya LINEARUSDPERP	+0.0271%	1h	0.002869	−2.067%	$4K	—	3x	as long as short
GMX LINEA/USD [ETH-USDC]short	L +0.0452% / S −0.0181%	1h	0.002871	−2.014%	$32K	—	100x