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 Binance+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 Binance 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

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and GMX is 0.037% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance LINEAUSDT	0.002857	0.0100	pay 0.0050% / 4h	3h 28m	$4.1M	$3.6M	50x
Short	GMX LINEA/USD [ETH-USDC]	0.002858	L +0.0450% / S −0.0181%	get 0.0023% / 1h	28m 11s	$32K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Binance. 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 BinancebpFee GMXbpOrdersPrice spread, now +0.037%Rate

Funding earned: $17.05
Price spread: +0.037% → 0.000%: $3.75
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$1.2
Costs to cover: 0.220%
Break-even: 7.5 days

Slippage unknown: Binance: live order book, 9 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 Binance live order book, 9 min ago	3.50 bp	17.1 bp −$17	51.4 bp −$514	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
Bybit LINEAUSDT	−0.0154%	4h	0.002854	−0.103%	$2.9M	$782K	50x	as long as short
Injective LINEA/USDC PERP	+0.0033%	1h	0.002810	−1.643%	$734	$39K	5.5x	as long as short
Lighter LINEA	+0.0096%	1h	0.002861	+0.142%	$110K	$52K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002858	+0.048%	$20K	$13	5x	as long as short
Binance LINEAUSDTlong	+0.0100%	4h	0.002857	long leg	$4.1M	$3.6M	50x
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002852	−0.173%	$1.2M	$932K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002858	+0.037%	$240K	$69K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002857	+0.002%	$3.9M	$1.1M	100x	as long as short
KuCoin LINEAUSDTM	+0.0100%	4h	0.002859	+0.072%	$562K	$58K	50x	as long as short
Bitget LINEAUSDT	+0.0100%	4h	0.002858	+0.037%	$1.1M	$476K	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	−0.103%	—	$2.7M	—	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002854	−0.101%	$115K	$62K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002859	+0.070%	$142K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002850	−0.243%	$2K	$19K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002920	+2.208%	$2K	$1.5M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002856	−0.019%	$10K	$156K	10x	as long as short
Backpack LINEA_USDC_PERP	+0.0105%	1h	0.002859	+0.058%	$85K	$51K	10x	as long as short
Hyperliquid LINEA	+0.0151%	1h	0.002869	+0.422%	$2.7M	$255K	3x	as long as short
BloFin LINEA-USDT	+0.0159%	4h	0.002853	−0.138%	$218K	$15K	50x	as long as short
Reya LINEARUSDPERP	+0.0271%	1h	0.002856	−0.017%	$4K	—	3x	as long as short
GMX LINEA/USD [ETH-USDC]short	L +0.0450% / S −0.0181%	1h	0.002858	+0.037%	$32K	—	100x