Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0172%/8h= +18.8% APRpaid last 24h +0.048%

Price spread now: Reya against KuCoin+0.051%7-day average — · you sell dearer than you buy

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

Long on KuCoin 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

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Reya is 0.051% dearer against KuCoin than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin LINEAUSDTM	0.002845	0.0100	pay 0.0050% / 4h	2h 36m	$567K	$61K	50x
Short	Reya LINEARUSDPERP	0.002846	0.0272	get 0.0034% / 1h	36m 09s	$4K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against KuCoin. 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 KuCoinbpFee ReyabpOrdersPrice spread, now +0.051%Rate

Funding earned: $36.12
Price spread: +0.051% → 0.000%: $5.06
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Reya: 3 bp × 2 orders: −$6
Net: $23.18
Costs to cover: 0.180%
Break-even: 2.5 days

Slippage unknown: KuCoin: live order book, 2 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 KuCoin live order book, 2 min ago	24.66 bp	179.2 bp −$179	doesn't fit	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	−1.230%	$734	$39K	5.5x	as long as short
Lighter LINEA	+0.0096%	1h	0.002857	+0.422%	$113K	$56K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002846	+0.052%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002851	+0.210%	$4.1M	$3.7M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002847	+0.070%	$2.9M	$796K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002847	+0.070%	$1.2M	$960K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002845	0.000%	$238K	$71K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002851	+0.211%	$3.9M	$1.1M	100x	as long as short
KuCoin LINEAUSDTMlong	+0.0100%	4h	0.002845	long leg	$567K	$61K	50x
Bitget LINEAUSDT	+0.0100%	4h	0.002851	+0.211%	$1.1M	$487K	50x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX LINEA-USDT	+0.0100%	4h	0.002849	+0.141%	—	$2.6M	—	as long as short
Backpack LINEA_USDC_PERP	+0.0100%	1h	0.002851	+0.207%	$90K	$61K	10x	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002842	−0.103%	$112K	$59K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002837	−0.295%	$142K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002840	−0.176%	$2K	$19K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002910	+2.285%	$2K	$1.5M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002846	+0.028%	$9K	$155K	10x	as long as short
BloFin LINEA-USDT	+0.0127%	4h	0.002839	−0.211%	$219K	$15K	50x	as long as short
Reya LINEARUSDPERPshort	+0.0272%	1h	0.002846	+0.051%	$4K	—	3x
Hyperliquid LINEA	+0.0384%	1h	0.002862	+0.598%	$2.7M	$256K	3x	as long as short
GMX LINEA/USD [ETH-USDC]	L +0.0452% / S −0.0181%	1h	0.002847	+0.070%	$32K	—	100x	as long as short