Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0187%/8h= +20.5% APRpaid last 24h +0.048%

Price spread now: Reya against BloFin−0.303%46s7-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 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 0.303% cheaper against BloFin than usual: you would sell low and buy high (spread −0.303% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$30 on $10k: about 5.4 days of funding at the current rate (+$6 a day). The two prices were read 46 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	BloFin LINEA-USDT	0.002838	0.0088	pay 0.0044% / 4h	2h 46m	$215K	$29K	50x
Short	Reya LINEARUSDPERP	0.002829	0.0275	get 0.0034% / 1h	46m 29s	$4K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now −0.303%Rate

Funding earned: $39.36
Price spread: −0.303% → 0.000%: −$30.26
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Reya: 3 bp × 2 orders: −$6
Net: −$8.89
Costs to cover: 0.180%
Break-even: 8.6 days

Slippage unknown: BloFin: live order book, 34 min ago; 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 BloFin live order book, 34 min ago	1.76 bp	13.3 bp −$13	40.1 bp −$401	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
Injective LINEA/USDC PERP	+0.0033%	1h	0.002810	−0.987%	$734	$39K	5.5x	as long as short
BloFin LINEA-USDTlong	+0.0088%	4h	0.002838	long leg	$215K	$29K	50x
Lighter LINEA	+0.0096%	1h	0.002836	−0.070%	$111K	$56K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002834	−0.127%	$20K	$2K	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002831	−0.247%	$4.1M	$4.1M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002830	−0.282%	$2.9M	$867K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002828	−0.352%	$1.2M	$984K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002837	−0.035%	$230K	$80K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002830	−0.282%	$3.9M	$1.0M	100x	as long as short
KuCoin LINEAUSDTM	+0.0100%	4h	0.002835	−0.106%	$565K	$60K	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	0.002834	−0.141%	$1.1M	$477K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002832	−0.211%	—	$2.6M	—	as long as short
Backpack LINEA_USDC_PERP	+0.0100%	1h	0.002833	−0.190%	$89K	$61K	10x	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002834	−0.158%	$109K	$55K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002838	+0.007%	$148K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002830	−0.282%	$2K	$20K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002890	+1.832%	$2K	$1.7M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002829	−0.309%	$12K	$109K	10x	as long as short
Reya LINEARUSDPERPshort	+0.0275%	1h	0.002829	−0.303%	$4K	—	3x
Hyperliquid LINEA	+0.0411%	1h	0.002839	+0.035%	$2.7M	$284K	3x	as long as short
GMX LINEA/USD [ETH-USDC]	L +0.0450% / S −0.0179%	1h	0.002832	−0.211%	$32K	—	100x	as long as short