Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0169%/8h= +18.5% APRpaid last 24h +0.047%

Price spread now: Reya against Bitget−0.097%49s7-day average — · you buy dearer than you sell

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

Long on Bitget 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 airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.097% cheaper against Bitget than usual: you would sell low and buy high (spread −0.097% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 46 hours of funding at the current rate (+$5 a day). The two prices were read 49 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	Bitget LINEAUSDT	0.002820	0.0100	pay 0.0050% / 4h	2h 00m	$1.1M	$480K	50x
Short	Reya LINEARUSDPERP	0.002817	0.0269	get 0.0034% / 1h	0m 39s	$4K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Bitget. 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 BitgetbpFee ReyabpOrdersPrice spread, now −0.097%Rate

Funding earned: $35.5
Price spread: −0.097% → 0.000%: −$9.72
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Reya: 3 bp × 2 orders: −$6
Net: $7.77
Costs to cover: 0.180%
Break-even: 5.5 days

Slippage unknown: Bitget: live order book, just now; 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 Bitget live order book, just now	5.32 bp	43.5 bp −$44	73.8 bp −$738	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

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 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
Backpack LINEA_USDC_PERP	−0.0417%	1h	0.002819	−0.025%	$84K	$51K	10x	as long as short
Bybit LINEAUSDT	−0.0031%	4h	0.002814	−0.213%	$2.8M	$812K	50x	as long as short
Injective LINEA/USDC PERP	+0.0033%	1h	0.002810	−0.355%	$734	$39K	5.5x	as long as short
BloFin LINEA-USDT	+0.0075%	4h	0.002813	−0.248%	$217K	$16K	50x	as long as short
Lighter LINEA	+0.0096%	1h	0.002822	+0.071%	$109K	$59K	3x	as long as short
Hyperliquid LINEA	+0.0100%	1h	0.002828	+0.284%	$2.7M	$254K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002820	−0.016%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002818	−0.071%	$4.0M	$3.6M	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002816	−0.142%	$1.2M	$925K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002822	+0.071%	$240K	$61K	50x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC LINEA_USDT	+0.0100%	4h	0.002818	−0.071%	$3.9M	$1.1M	100x	as long as short
KuCoin LINEAUSDTM	+0.0100%	4h	0.002821	+0.035%	$540K	$50K	50x	as long as short
Bitget LINEAUSDTlong	+0.0100%	4h	0.002820	long leg	$1.1M	$480K	50x
BingX LINEA-USDT	+0.0100%	4h	0.002816	−0.142%	—	$2.6M	—	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002815	−0.164%	$112K	$59K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002822	+0.071%	$145K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002820	0.000%	$2K	$19K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002880	+2.128%	$1K	$1.4M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002817	−0.117%	$12K	$177K	10x	as long as short
Reya LINEARUSDPERPshort	+0.0269%	1h	0.002817	−0.097%	$4K	—	3x
GMX LINEA/USD [ETH-USDC]	L +0.0447% / S −0.0181%	1h	0.002820	0.000%	$32K	—	100x	as long as short