Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.023%

Price spread now: Backpack against ApeX Omni+0.320%84s7-day average — · you sell dearer than you buy

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

Long on ApeX Omni Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 5 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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.320% dearer against ApeX Omni than usual: you sell high and buy low, +$32 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 84 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	ApeX Omni LINEAUSDT	0.002840	0.0100	pay 0.0013% / 1h	42m 03s	$2K	$20K	50x
Short	Backpack LINEA_USDC_PERP	0.002849	0.0100	get 0.0013% / 1h	42m 03s	$89K	$61K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against ApeX Omni. 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 ApeX OmnibpFee BackpackbpOrdersPrice spread, now +0.320%Rate

Funding earned: $0
Price spread: +0.320% → 0.000%: $32.04
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Backpack: 5 bp × 2 orders: −$10
Net: $12.04
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: ApeX Omni: no order-book sample; Backpack: 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 ApeX Omni no order-book sample	—	—	—	—	—
Sell Backpack no order-book sample	—	—	—	—	—

ApeX Omni and Backpack: 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	−1.056%	$734	$39K	5.5x	as long as short
Lighter LINEA	+0.0096%	1h	0.002854	+0.493%	$112K	$56K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002848	+0.270%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002849	+0.317%	$4.1M	$3.8M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002844	+0.141%	$2.9M	$835K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002843	+0.106%	$1.2M	$958K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002849	+0.317%	$235K	$76K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002849	+0.317%	$3.9M	$1.1M	100x	as long as short
KuCoin LINEAUSDTM	+0.0100%	4h	0.002850	+0.352%	$568K	$61K	50x	as long as short
Bitget LINEAUSDT	+0.0100%	4h	0.002849	+0.317%	$1.1M	$468K	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	0.002847	+0.246%	—	$2.6M	—	as long as short
Backpack LINEA_USDC_PERPshort	+0.0100%	1h	0.002849	+0.320%	$89K	$61K	10x
Variational Omni LINEA	+0.0100%	4h	0.002843	+0.122%	$109K	$56K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002852	+0.422%	$139K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDTlong	+0.0100%	1h	0.002840	long leg	$2K	$20K	50x
SunX LINEA-USDT	+0.0100%	4h	0.002910	+2.465%	$2K	$1.6M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002847	+0.256%	$10K	$160K	10x	as long as short
BloFin LINEA-USDT	+0.0132%	4h	0.002850	+0.352%	$220K	$30K	50x	as long as short
Reya LINEARUSDPERP	+0.0274%	1h	0.002845	+0.172%	$4K	—	3x	as long as short
GMX LINEA/USD [ETH-USDC]	L +0.0454% / S −0.0181%	1h	0.002848	+0.282%	$32K	—	100x	as long as short
Hyperliquid LINEA	+0.0523%	1h	0.002859	+0.669%	$2.8M	$280K	3x	as long as short