Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Variational Omni against Extended+0.233%7-day average −0.085% · you sell dearer than you buy

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

Long on Extended Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.010%−$1 on $10k

Price spread, last 4 days (all we have)−0.120%−$12 · spread now +0.233%, 7d avg −0.085%

Together, before fees−0.130%+ Points / potential airdropExtended: Active · Variational Omni: Active · farm board−$13 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 0.318% dearer against Extended than usual: you sell high and buy low, +$32 on $10k if it goes back to its 7-day average of −0.085%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended LINEA-USD	0.002865	0.0104	pay 0.0013% / 1h	12m 50s	$11K	$162K	10x
Short	Variational Omni LINEA	0.002871	0.0100	get 0.0050% / 4h	1h 12m	$110K	$56K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Extended. 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 ExtendedbpFee Variational OmnibpOrdersPrice spread, now +0.233%Rate

Funding earned: −$0.84
Price spread: +0.233% → −0.085%: $31.78
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $25.94
Costs to cover: 0.050%
Break-even: from the start

Slippage unknown: Extended: live order book, 48 min ago; Variational Omni: RFQ quote, 51 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 Extended live order book, 48 min ago	7.01 bp	41.6 bp −$42	183.3 bp −$1,833	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 51 min ago	8.76 bp	doesn't fit	208.6 bp −$2,086	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	−1.912%	$734	$39K	5.5x	as long as short
Lighter LINEA	+0.0096%	1h	0.002881	+0.567%	$114K	$56K	3x	as long as short
BloFin LINEA-USDT	+0.0097%	4h	0.002870	+0.183%	$221K	$30K	50x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002871	+0.216%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002866	+0.055%	$4.1M	$3.8M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002869	+0.148%	$2.9M	$827K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002864	−0.027%	$1.2M	$955K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002872	+0.252%	$236K	$77K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002866	+0.043%	$3.9M	$1.0M	100x	as long as short
KuCoin LINEAUSDTM	+0.0100%	4h	0.002873	+0.287%	$573K	$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	0.002872	+0.252%	$1.1M	$471K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002867	+0.078%	—	$2.6M	—	as long as short
Backpack LINEA_USDC_PERP	+0.0100%	1h	0.002869	+0.144%	$90K	$61K	10x	as long as short
Variational Omni LINEAshort	+0.0100%	4h	0.002871	+0.233%	$110K	$56K	—
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002877	+0.427%	$141K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002880	+0.532%	$2K	$20K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002930	+2.277%	$1K	$1.6M	20x	as long as short
Extended LINEA-USDlong	+0.0104%	1h	0.002865	long leg	$11K	$162K	10x
Hyperliquid LINEA	+0.0164%	1h	0.002877	+0.427%	$2.7M	$255K	3x	as long as short
Reya LINEARUSDPERP	+0.0273%	1h	0.002867	+0.091%	$4K	—	3x	as long as short
GMX LINEA/USD [ETH-USDC]	L +0.0454% / S −0.0181%	1h	0.002868	+0.113%	$32K	—	100x	as long as short