Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0173%/8h= +18.9% APRpaid last 24h +0.048%

Price spread now: Reya against Aster−0.184%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Reya

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 airdropAster: Stage 5 · Reya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.184% cheaper against Aster than usual: you would sell low and buy high (spread −0.184% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 3.5 days of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster LINEAUSDT	0.002857	0.0100	pay 0.0050% / 4h	1h 55m	$20K	$13	5x
Short	Reya LINEARUSDPERP	0.002851	0.0273	get 0.0034% / 1h	55m 13s	$4K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Aster. 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 AsterbpFee ReyabpOrdersPrice spread, now −0.184%Rate

Funding earned: $36.24
Price spread: −0.184% → 0.000%: −$18.35
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Reya: 3 bp × 2 orders: −$6
Net: $3.89
Costs to cover: 0.140%
Break-even: 6.2 days

Slippage unknown: Aster: no order-book sample; Reya: 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 Aster no order-book sample	—	—	—	—	—
Sell Reya no order-book sample	—	—	—	—	—

Aster and 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 20 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	−1.634%	$734	$39K	5.5x	as long as short
Lighter LINEA	+0.0096%	1h	0.002861	+0.152%	$113K	$56K	3x	as long as short
Aster LINEAUSDTlong	+0.0100%	4h	0.002857	long leg	$20K	$13	5x
Binance LINEAUSDT	+0.0100%	4h	0.002850	−0.233%	$4.1M	$3.7M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002848	−0.304%	$2.9M	$797K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002847	−0.339%	$1.2M	$922K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002856	−0.023%	$235K	$76K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002849	−0.268%	$3.9M	$1.0M	100x	as long as short
KuCoin LINEAUSDTM	+0.0100%	4h	0.002858	+0.047%	$570K	$61K	50x	as long as short
Bitget LINEAUSDT	+0.0100%	4h	0.002854	−0.093%	$1.1M	$475K	50x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX LINEA-USDT	+0.0100%	4h	0.002851	−0.198%	—	$2.7M	—	as long as short
Backpack LINEA_USDC_PERP	+0.0100%	1h	0.002861	+0.162%	$90K	$61K	10x	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002857	+0.013%	$112K	$54K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002850	−0.234%	$147K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002850	−0.233%	$2K	$19K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002910	+1.867%	$2K	$1.5M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002848	−0.309%	$10K	$159K	10x	as long as short
Hyperliquid LINEA	+0.0108%	1h	0.002861	+0.152%	$2.7M	$255K	3x	as long as short
Reya LINEARUSDPERPshort	+0.0273%	1h	0.002851	−0.184%	$4K	—	3x
GMX LINEA/USD [ETH-USDC]	L +0.0453% / S −0.0181%	1h	0.002850	−0.233%	$32K	—	100x	as long as short