Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Variational Omni against BingX−0.506%7-day average −0.117% · you buy dearer than you sell

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

Long on BingX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.003%$0 on $10k

Price spread, last 4 days (all we have)+0.530%+$53 · spread now −0.506%, 7d avg −0.117%

Together, before fees+0.527%+ Points / potential airdropVariational Omni: Active · farm board+$53 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.389% cheaper against BingX than usual: you would sell low and buy high, −$39 on $10k if it goes back to its 7-day average of −0.117%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX LINEA-USDT	0.002867	0.0100	pay 0.0050% / 4h	3h 52m	—	$2.6M	—
Short	Variational Omni LINEA	0.002853	0.0100	get 0.0050% / 4h	3h 52m	$110K	$56K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 BingXbpFee Variational OmnibpOrdersPrice spread, now −0.506%Rate

Funding earned: $0
Price spread: −0.506% → −0.117%: −$38.91
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$48.91
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 8 min ago; Variational Omni: RFQ quote, 2 min ago. 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 BingX live order book, 8 min ago	6.98 bp	24.9 bp −$25	68.2 bp −$682	876.2 bp −$87.6K	1264.6 bp −$632.3K
Sell Variational Omni RFQ quote, 2 min ago	12.27 bp	doesn't fit	352.3 bp −$3,523	doesn't fit	doesn't fit

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	−1.988%	$734	$39K	5.5x	as long as short
BloFin LINEA-USDT	+0.0087%	4h	0.002858	−0.314%	$218K	$30K	50x	as long as short
Lighter LINEA	+0.0096%	1h	0.002875	+0.279%	$113K	$56K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002870	+0.102%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002870	+0.105%	$4.1M	$4.0M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002867	0.000%	$2.9M	$839K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002866	−0.035%	$1.2M	$963K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002871	+0.140%	$236K	$78K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002870	+0.105%	$4.0M	$1.0M	100x	as long as short
KuCoin LINEAUSDTM	+0.0100%	4h	0.002869	+0.070%	$572K	$61K	50x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget LINEAUSDT	+0.0100%	4h	0.002871	+0.140%	$1.1M	$471K	50x	as long as short
BingX LINEA-USDTlong	+0.0100%	4h	0.002867	long leg	—	$2.6M	—
Backpack LINEA_USDC_PERP	+0.0100%	1h	0.002872	+0.185%	$90K	$61K	10x	as long as short
Variational Omni LINEAshort	+0.0100%	4h	0.002853	−0.506%	$110K	$56K	—
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002862	−0.178%	$150K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002860	−0.244%	$2K	$20K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002930	+2.197%	$1K	$1.6M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002869	+0.077%	$9K	$162K	10x	as long as short
GMX LINEA/USD [ETH-USDC]	L +0.0180% / S +0.0150%	1h	0.002869	+0.070%	$33K	—	100x	as long as short
Reya LINEARUSDPERP	+0.0274%	1h	0.002869	+0.067%	$4K	—	3x	as long as short
Hyperliquid LINEA	+0.0360%	1h	0.002879	+0.419%	$2.8M	$281K	3x	as long as short