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: SunX against Reya+1.888%50s7-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 SunX

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

The price spread pays, funding is against you. SunX is 1.888% dearer against Reya than usual: you sell high and buy low (spread +1.888% now, against zero (this spread has no 7-day history yet)): +$189 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 37 days. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya LINEARUSDPERP	0.002836	0.0272	pay 0.0034% / 1h	39m 28s	$4K	—	3x
Short	SunX LINEA-USDT	0.002890	0.0100	get 0.0050% / 4h	2h 39m	$2K	$1.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +1.888%Rate

Funding earned: −$36.11
Price spread: +1.888% → 0.000%: $188.82
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee SunX: 4 bp × 2 orders: −$8
Net: $138.71
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Reya: no order-book sample; SunX: live order book, 5 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 SunX live order book, 5 min ago	275.86 bp	doesn't fit	doesn't fit	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 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	−0.932%	$734	$39K	5.5x	as long as short
Lighter LINEA	+0.0096%	1h	0.002841	+0.161%	$110K	$52K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002833	−0.104%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002832	−0.144%	$4.1M	$3.7M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002829	−0.262%	$2.8M	$800K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002830	−0.227%	$1.2M	$961K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002833	−0.121%	$237K	$71K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002833	−0.121%	$3.9M	$1.1M	100x	as long as short
KuCoin LINEAUSDTM	+0.0100%	4h	0.002833	−0.121%	$565K	$61K	50x	as long as short
Bitget LINEAUSDT	+0.0100%	4h	0.002836	−0.016%	$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	0.002831	−0.192%	—	$2.7M	—	as long as short
Backpack LINEA_USDC_PERP	+0.0100%	1h	0.002830	−0.231%	$89K	$61K	10x	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002826	−0.366%	$112K	$62K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002830	−0.227%	$142K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002840	+0.125%	$2K	$19K	50x	as long as short
SunX LINEA-USDTshort	+0.0100%	4h	0.002890	+1.888%	$2K	$1.5M	20x
Extended LINEA-USD	+0.0104%	1h	0.002832	−0.145%	$9K	$155K	10x	as long as short
BloFin LINEA-USDT	+0.0127%	4h	0.002839	+0.090%	$219K	$15K	50x	as long as short
Reya LINEARUSDPERPlong	+0.0272%	1h	0.002836	long leg	$4K	—	3x
Hyperliquid LINEA	+0.0380%	1h	0.002847	+0.372%	$2.7M	$256K	3x	as long as short
GMX LINEA/USD [ETH-USDC]	L +0.0451% / S −0.0181%	1h	0.002823	−0.474%	$32K	—	100x	as long as short