Settings8H · net · $10k
Funding arb · Price arb /

LINEA

all LINEA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0036%/8h= −3.9% APRnext payment $0.18 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against BingX−0.248%51s7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$950.947% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.039%−$4 on $10k
Price spread, last 4 days (all we have)+0.333%+$33 · spread now −0.248%, 7d avg +0.014%
Together, before fees+0.294%+$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.261% cheaper against BingX than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of +0.014%). Swap the legs. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX LINEA-USDT0.0028260.0100pay 0.0050% / 4h18m 23s$2.6M
ShortBloFin LINEA-USDT0.0028190.0064get 0.0032% / 4h18m 23s$211K$30K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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

Funding earned
−$7.5
Price spread: −0.248% → +0.014%
−$26.15
Slippage, 4 orders
−$72.72
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$128.37
Costs to cover
0.947%
Break-even
never at this rate
Slippage from BingX: live order book, 6 min ago; BloFin: live order book, 52 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 6 min ago7.12 bp26.3 bp −$2657.1 bp −$571660.8 bp −$66.1K1181.0 bp −$590.5K
Sell BloFin live order book, 52 min ago3.55 bp20.2 bp −$2051.9 bp −$519doesn't fitdoesn't fit

LINEA on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective LINEA/USDC PERP+0.0033%1h0.002810−0.566%$734$39K5.5xas long as short
BloFin LINEA-USDTshort+0.0064%4h0.002819−0.248%$211K$30K50x
Lighter LINEA+0.0096%1h0.002832+0.212%$111K$49K3xas long as short
Aster LINEAUSDT+0.0100%4h0.002827+0.035%$20K$2K5xas long as short
Binance LINEAUSDT+0.0100%4h0.002827+0.037%$4.0M$4.0M50xas long as short
Bybit LINEAUSDT+0.0100%4h0.0028260.000%$2.9M$875K50xas long as short
OKX LINEA-USDT-SWAP+0.0100%4h0.002825−0.035%$1.2M$992K50xas long as short
Gate LINEA_USDT+0.0100%4h0.002827+0.035%$229K$84K50xas long as short
MEXC LINEA_USDT+0.0100%4h0.002827+0.035%$3.9M$1.1M100xas long as short
KuCoin LINEAUSDTM+0.0100%4h0.002827+0.035%$509K$73K50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget LINEAUSDT+0.0100%4h0.002828+0.071%$1.1M$450K50xas long as short
BingX LINEA-USDTlong+0.0100%4h0.002826long leg$2.6M
Backpack LINEA_USDC_PERP+0.0100%1h0.002825−0.035%$87K$62K10xas long as short
Variational Omni LINEA+0.0100%4h0.002814−0.442%$109K$56Kas long as short
GRVT LINEA_USDT_Perp+0.0100%4h0.002817−0.320%$145K$2.2M10xas long as short
ApeX Omni LINEAUSDT+0.0100%1h0.002820−0.212%$2K$20K50xas long as short
SunX LINEA-USDT+0.0100%4h0.002880+1.911%$1K$1.7M20xas long as short
Extended LINEA-USD+0.0104%1h0.002825−0.043%$10K$213K10xas long as short
Reya LINEARUSDPERP+0.0277%1h0.002825−0.020%$4K3xas long as short
Hyperliquid LINEA+0.0369%1h0.002836+0.354%$2.7M$316K3xas long as short
GMX LINEA/USD [ETH-USDC]L +0.0449% / S −0.0179%1h0.0028260.000%$32K100xas long as short