Funding arb · Price arb /

LINEA

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0176%/8h= −19.2% APRpaid last 24h −0.050%

Price spread now: Aster against Reya+0.207%7-day average — · you sell dearer than you buy

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

Long on Reya Short on Aster

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 · Aster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.207% dearer against Reya than usual: you sell high and buy low (spread +0.207% now, against zero (this spread has no 7-day history yet)): +$21 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 3.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya LINEARUSDPERP	0.002810	0.0276	pay 0.0034% / 1h	30m 47s	$4K	—	3x
Short	Aster LINEAUSDT	0.002816	0.0100	get 0.0050% / 4h	2h 30m	$20K	$2K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Reya. 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 ReyabpFee AsterbpOrdersPrice spread, now +0.207%Rate

Funding earned: −$36.86
Price spread: +0.207% → 0.000%: $20.74
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Aster: 4 bp × 2 orders: −$8
Net: −$30.12
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Reya: no order-book sample; Aster: 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 Reya no order-book sample	—	—	—	—	—
Sell Aster no order-book sample	—	—	—	—	—

Reya and Aster: 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
Backpack LINEA_USDC_PERP	−0.0193%	1h	0.002812	+0.087%	$88K	$61K	10x	as long as short
Injective LINEA/USDC PERP	+0.0033%	1h	0.002810	+0.002%	$734	$39K	5.5x	as long as short
Lighter LINEA	+0.0096%	1h	0.002818	+0.287%	$110K	$57K	3x	as long as short
Aster LINEAUSDTshort	+0.0100%	4h	0.002816	+0.207%	$20K	$2K	5x
Binance LINEAUSDT	+0.0100%	4h	0.002810	+0.002%	$4.0M	$4.2M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002808	−0.069%	$2.8M	$887K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002809	−0.034%	$1.2M	$987K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002815	+0.180%	$228K	$82K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002810	+0.002%	$3.9M	$1.1M	100x	as long as short
KuCoin LINEAUSDTM	+0.0100%	4h	0.002816	+0.216%	$527K	$78K	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	0.002816	+0.216%	$1.0M	$478K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002810	+0.002%	—	$2.6M	—	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002808	−0.067%	$109K	$55K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002816	+0.215%	$139K	$2.2M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002820	+0.358%	$2K	$20K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002870	+2.137%	$2K	$1.7M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002809	−0.024%	$12K	$109K	10x	as long as short
BloFin LINEA-USDT	+0.0148%	4h	0.002812	+0.073%	$214K	$29K	50x	as long as short
Hyperliquid LINEA	+0.0204%	1h	0.002820	+0.358%	$2.7M	$288K	3x	as long as short
Reya LINEARUSDPERPlong	+0.0276%	1h	0.002810	long leg	$4K	—	3x
GMX LINEA/USD [ETH-USDC]	L +0.0449% / S −0.0179%	1h	0.002812	+0.073%	$32K	—	100x	as long as short