Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0081%/8h= +8.9% APRpaid last 24h +0.020%

Price spread now: GMX against MEXC+0.140%7-day average — · you sell dearer than you buy

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

Long on MEXC 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

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and GMX is 0.140% dearer against MEXC than usual: you sell high and buy low: +$14 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	MEXC LINEA_USDT	0.002852	0.0100	pay 0.0050% / 4h	3h 01m	$3.9M	$1.1M	100x
Short	GMX LINEA/USD [ETH-USDC]	0.002856	L +0.0452% / S −0.0181%	get 0.0023% / 1h	1m 34s	$32K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against MEXC. 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 MEXCbpFee GMXbpOrdersPrice spread, now +0.140%Rate

Funding earned: $17.05
Price spread: +0.140% → 0.000%: $14.03
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee GMX: 6 bp × 2 orders: −$12
Net: $15.08
Costs to cover: 0.160%
Break-even: 0.8 days

Slippage unknown: MEXC: live order book, 1 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 MEXC live order book, 1 min ago	7.01 bp	10.4 bp −$10	37.2 bp −$372	190.7 bp −$19.1K	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	−1.473%	$734	$39K	5.5x	as long as short
Lighter LINEA	+0.0096%	1h	0.002862	+0.351%	$110K	$52K	3x	as long as short
BloFin LINEA-USDT	+0.0096%	4h	0.002859	+0.245%	$218K	$15K	50x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002854	+0.054%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002851	−0.040%	$4.1M	$3.6M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002848	−0.140%	$2.9M	$785K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002846	−0.210%	$1.2M	$933K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002855	+0.105%	$239K	$70K	50x	as long as short
MEXC LINEA_USDTlong	+0.0100%	4h	0.002852	long leg	$3.9M	$1.1M	100x
KuCoin LINEAUSDTM	+0.0100%	4h	0.002857	+0.175%	$569K	$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	0.002852	0.000%	$1.1M	$478K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002850	−0.070%	—	$2.7M	—	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002862	+0.367%	$113K	$62K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002870	+0.627%	$144K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002850	−0.070%	$2K	$19K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002910	+2.034%	$1K	$1.5M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002850	−0.059%	$9K	$155K	10x	as long as short
Hyperliquid LINEA	+0.0225%	1h	0.002863	+0.386%	$2.7M	$255K	3x	as long as short
Backpack LINEA_USDC_PERP	+0.0238%	1h	0.002857	+0.175%	$85K	$53K	10x	as long as short
Reya LINEARUSDPERP	+0.0272%	1h	0.002855	+0.102%	$4K	—	3x	as long as short
GMX LINEA/USD [ETH-USDC]short	L +0.0452% / S −0.0181%	1h	0.002856	+0.140%	$32K	—	100x