Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0057%/8h= +6.2% APRpaid last 24h +0.017%

Price spread now: GMX against BloFin−0.105%7-day average — · you buy dearer than you sell

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

Long on BloFin 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

Funding pays, the price is against you. GMX is 0.105% cheaper against BloFin than usual: you would sell low and buy high (spread −0.105% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 6.1 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin LINEA-USDT	0.002866	0.0124	pay 0.0062% / 4h	3h 51m	$218K	$16K	50x
Short	GMX LINEA/USD [ETH-USDC]	0.002863	L +0.0451% / S −0.0181%	get 0.0023% / 1h	51m 03s	$32K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against BloFin. 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 BloFinbpFee GMXbpOrdersPrice spread, now −0.105%Rate

Funding earned: $11.93
Price spread: −0.105% → 0.000%: −$10.47
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee GMX: 6 bp × 2 orders: −$12
Net: −$22.54
Costs to cover: 0.240%
Break-even: 20.2 days

Slippage unknown: BloFin: live order book, 14 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 BloFin live order book, 14 min ago	3.50 bp	11.2 bp −$11	34.3 bp −$343	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
Injective LINEA/USDC PERP	+0.0033%	1h	0.002810	−1.954%	$734	$39K	5.5x	as long as short
Lighter LINEA	+0.0096%	1h	0.002867	+0.035%	$111K	$52K	3x	as long as short
Hyperliquid LINEA	+0.0100%	1h	0.002872	+0.209%	$2.7M	$254K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002862	−0.135%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002862	−0.146%	$4.1M	$3.6M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002859	−0.244%	$2.9M	$784K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002855	−0.384%	$1.2M	$958K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002865	−0.035%	$242K	$66K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002861	−0.174%	$3.9M	$1.1M	100x	as long as short
KuCoin LINEAUSDTM	+0.0100%	4h	0.002865	−0.035%	$539K	$53K	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	0.002863	−0.105%	$1.1M	$481K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002860	−0.209%	—	$2.6M	—	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002856	−0.347%	$115K	$62K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002868	+0.071%	$143K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002860	−0.209%	$2K	$19K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002920	+1.884%	$2K	$1.5M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002860	−0.195%	$10K	$177K	10x	as long as short
BloFin LINEA-USDTlong	+0.0124%	4h	0.002866	long leg	$218K	$16K	50x
Reya LINEARUSDPERP	+0.0271%	1h	0.002860	−0.211%	$4K	—	3x	as long as short
Backpack LINEA_USDC_PERP	+0.0408%	1h	0.002863	−0.091%	$85K	$53K	10x	as long as short
GMX LINEA/USD [ETH-USDC]short	L +0.0451% / S −0.0181%	1h	0.002863	−0.105%	$32K	—	100x