Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0181%/8h= −19.8% APRpaid last 24h −0.051%

Price spread now: MEXC against Reya+0.066%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 MEXC

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. MEXC is 0.066% dearer against Reya than usual: you sell high and buy low (spread +0.066% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 29 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya LINEARUSDPERP	0.002781	0.0281	pay 0.0035% / 1h	44m 32s	$4K	—	3x
Short	MEXC LINEA_USDT	0.002783	0.0100	get 0.0050% / 4h	44m 32s	$4.0M	$1.1M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.066%Rate

Funding earned: −$37.92
Price spread: +0.066% → 0.000%: $6.63
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$41.29
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; MEXC: live order book, 1 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 MEXC live order book, 1 min ago	3.59 bp	9.0 bp −$9	47.5 bp −$475	303.4 bp −$30.3K	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
Bybit LINEAUSDT	−0.0302%	4h	0.002778	−0.114%	$2.8M	$1.1M	50x	as long as short
Variational Omni LINEA	−0.0046%	4h	0.002776	−0.175%	$109K	$48K	—	as long as short
Injective LINEA/USDC PERP	+0.0033%	1h	0.002810	+1.037%	$734	$39K	5.5x	as long as short
BloFin LINEA-USDT	+0.0063%	4h	0.002781	−0.006%	$205K	$31K	50x	as long as short
Lighter LINEA	+0.0096%	1h	0.002788	+0.246%	$122K	$77K	3x	as long as short
Hyperliquid LINEA	+0.0100%	1h	0.002791	+0.354%	$2.7M	$270K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002783	+0.077%	$19K	$3K	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002783	+0.066%	$3.9M	$4.1M	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002778	−0.114%	$1.2M	$1.0M	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002786	+0.174%	$226K	$83K	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_USDTshort	+0.0100%	4h	0.002783	+0.066%	$4.0M	$1.1M	100x
KuCoin LINEAUSDTM	+0.0100%	4h	0.002783	+0.066%	$495K	$71K	50x	as long as short
Bitget LINEAUSDT	+0.0100%	4h	0.002786	+0.174%	$1.0M	$386K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002782	+0.030%	—	$2.5M	—	as long as short
Backpack LINEA_USDC_PERP	+0.0100%	1h	0.002786	+0.160%	$86K	$46K	10x	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002786	+0.174%	$143K	$2.1M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002770	−0.401%	$2K	$20K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002840	+2.116%	$1K	$1.8M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002782	+0.033%	$11K	$215K	10x	as long as short
Reya LINEARUSDPERPlong	+0.0281%	1h	0.002781	long leg	$4K	—	3x
GMX LINEA/USD [ETH-USDC]	L +0.0444% / S −0.0179%	1h	0.002784	+0.102%	$31K	—	100x	as long as short