Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0240%/8h= −26.2% APRpaid last 24h −0.049%

Price spread now: BloFin against Reya+0.047%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 BloFin

What this pair did over the last

the charts below follow

Funding, last 4 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

The price spread pays, funding is against you. BloFin is 0.047% dearer against Reya than usual: you sell high and buy low (spread +0.047% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 16 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya LINEARUSDPERP	0.002799	0.0280	pay 0.0035% / 1h	46m 50s	$4K	—	3x
Short	BloFin LINEA-USDT	0.002800	0.0040	get 0.0020% / 4h	1h 46m	$209K	$30K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.047%Rate

Funding earned: −$50.33
Price spread: +0.047% → 0.000%: $4.73
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$63.6
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; BloFin: live order book, 58 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 Reya no order-book sample	—	—	—	—	—
Sell BloFin live order book, 58 min ago	3.57 bp	27.4 bp −$27	63.4 bp −$634	doesn't fit	doesn't fit

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 exchanges

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	−0.0736%	1h	0.002799	+0.019%	$88K	$61K	10x	as long as short
Bybit LINEAUSDT	−0.0438%	4h	0.002795	−0.131%	$2.8M	$1.1M	50x	as long as short
Injective LINEA/USDC PERP	+0.0033%	1h	0.002810	+0.405%	$734	$39K	5.5x	as long as short
BloFin LINEA-USDTshort	+0.0040%	4h	0.002800	+0.047%	$209K	$30K	50x
Lighter LINEA	+0.0096%	1h	0.002805	+0.226%	$110K	$47K	3x	as long as short
Hyperliquid LINEA	+0.0100%	1h	0.002808	+0.333%	$2.7M	$295K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002799	+0.016%	$20K	$3K	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002799	+0.012%	$3.9M	$3.9M	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002793	−0.203%	$1.2M	$967K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002801	+0.083%	$229K	$80K	50x	as long as short

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC LINEA_USDT	+0.0100%	4h	0.002799	+0.012%	$4.0M	$1.1M	100x	as long as short
KuCoin LINEAUSDTM	+0.0100%	4h	0.002802	+0.119%	$498K	$73K	50x	as long as short
Bitget LINEAUSDT	+0.0100%	4h	0.002802	+0.119%	$1.0M	$379K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002798	−0.024%	—	$2.5M	—	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002797	−0.068%	$108K	$48K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002807	+0.298%	$144K	$2.2M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002800	+0.047%	$2K	$20K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002860	+2.191%	$2K	$1.7M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002798	−0.039%	$9K	$220K	10x	as long as short
Reya LINEARUSDPERPlong	+0.0280%	1h	0.002799	long leg	$4K	—	3x
GMX LINEA/USD [ETH-USDC]	L +0.0445% / S −0.0179%	1h	0.002801	+0.083%	$32K	—	100x	as long as short