Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0349%/8h= +38.3% APRpaid last 24h +0.017%

Price spread now: Extended against Bybit+0.049%7-day average +0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$169as in the Funding arb table

Net, price: spread back to 7d avg − costs−$171as in the Price arb table

costs, in and out, $10k−$1711.711% of the position

Long on Bybit Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.024%+$2 on $10k

Price spread, last 4 days (all we have)−0.037%−$4 · spread now +0.049%, 7d avg +0.045%

Together, before fees−0.013%+ Points / potential airdropExtended: Active · farm board−$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.045%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.024% in total (about 1.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit LINEAUSDT	0.002855	−0.0245	get 0.0123% / 4h	3h 30m	$2.9M	$784K	50x
Short	Extended LINEA-USD	0.002856	0.0104	get 0.0013% / 1h	30m 31s	$10K	$156K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Bybit. 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 BybitbpFee ExtendedbpOrdersPrice spread, now +0.049%Rate

Funding earned: $73.37
Price spread: +0.049% → +0.045%: $0.39
Slippage, 4 orders: −$155.1
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$97.35
Costs to cover: 1.711%
Break-even: 16.3 days

Slippage from Bybit: live order book, 2 min ago; Extended: live order book, 41 min ago.

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 Bybit live order book, 2 min ago	5.26 bp	43.8 bp −$44	294.9 bp −$2,949	doesn't fit	doesn't fit
Sell Extended live order book, 41 min ago	8.78 bp	42.4 bp −$42	288.7 bp −$2,887	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
Bybit LINEAUSDTlong	−0.0245%	4h	0.002855	long leg	$2.9M	$784K	50x
Injective LINEA/USDC PERP	+0.0033%	1h	0.002810	−1.576%	$734	$39K	5.5x	as long as short
BloFin LINEA-USDT	+0.0064%	4h	0.002858	+0.105%	$219K	$15K	50x	as long as short
Lighter LINEA	+0.0096%	1h	0.002862	+0.245%	$110K	$52K	3x	as long as short
Hyperliquid LINEA	+0.0100%	1h	0.002870	+0.525%	$2.7M	$255K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002859	+0.147%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002858	+0.105%	$4.1M	$3.6M	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002853	−0.070%	$1.2M	$929K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002860	+0.175%	$240K	$69K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002858	+0.105%	$3.9M	$1.1M	100x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin LINEAUSDTM	+0.0100%	4h	0.002861	+0.210%	$562K	$58K	50x	as long as short
Bitget LINEAUSDT	+0.0100%	4h	0.002859	+0.140%	$1.1M	$476K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002857	+0.070%	—	$2.7M	—	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002854	−0.033%	$115K	$62K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002858	+0.105%	$142K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002850	−0.175%	$2K	$19K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002920	+2.277%	$2K	$1.5M	20x	as long as short
Extended LINEA-USDshort	+0.0104%	1h	0.002856	+0.049%	$10K	$156K	10x
Backpack LINEA_USDC_PERP	+0.0116%	1h	0.002860	+0.189%	$85K	$51K	10x	as long as short
Reya LINEARUSDPERP	+0.0271%	1h	0.002857	+0.068%	$4K	—	3x	as long as short
GMX LINEA/USD [ETH-USDC]	L +0.0451% / S −0.0181%	1h	0.002860	+0.175%	$32K	—	100x	as long as short