Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.005%

Price spread now: Injective against Variational Omni+0.092%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on Injective

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 airdropVariational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. Injective is 0.092% dearer against Variational Omni than usual: you sell high and buy low (spread +0.092% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni LINEA	0.002807	0.0100	pay 0.0050% / 4h	2h 19m	$108K	$48K	—
Short	Injective LINEA/USDC PERP	0.002810	0.0033	get 0.0004% / 1h	19m 23s	$734	$39K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Variational Omni. 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 Variational OmnibpFee InjectivebpOrdersPrice spread, now +0.092%Rate

Funding earned: −$14
Price spread: +0.092% → 0.000%: $9.17
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$4.85
Costs to cover: 0.000%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 32 min ago; Injective: 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 Variational Omni RFQ quote, 32 min ago	10.74 bp	doesn't fit	121.8 bp −$1,218	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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	−0.0226%	4h	0.002808	+0.021%	$2.8M	$1.1M	50x	as long as short
Injective LINEA/USDC PERPshort	+0.0033%	1h	0.002810	+0.092%	$734	$39K	5.5x
BloFin LINEA-USDT	+0.0084%	4h	0.002816	+0.305%	$209K	$30K	50x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002816	+0.311%	$20K	$3K	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002813	+0.199%	$4.0M	$3.9M	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002808	+0.021%	$1.2M	$976K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002816	+0.305%	$231K	$81K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002814	+0.234%	$4.1M	$1.1M	100x	as long as short
KuCoin LINEAUSDTM	+0.0100%	4h	0.002813	+0.199%	$500K	$73K	50x	as long as short
Bitget LINEAUSDT	+0.0100%	4h	0.002814	+0.234%	$1.1M	$405K	50x	as long as short

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX LINEA-USDT	+0.0100%	4h	0.002814	+0.234%	—	$2.5M	—	as long as short
Backpack LINEA_USDC_PERP	+0.0100%	1h	0.002815	+0.281%	$88K	$62K	10x	as long as short
Variational Omni LINEAlong	+0.0100%	4h	0.002807	long leg	$108K	$48K	—
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002812	+0.147%	$144K	$2.2M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002820	+0.448%	$2K	$20K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002870	+2.229%	$1K	$1.7M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002812	+0.150%	$12K	$216K	10x	as long as short
Lighter LINEA	+0.0184%	1h	0.002824	+0.590%	$110K	$48K	3x	as long as short
Reya LINEARUSDPERP	+0.0279%	1h	0.002814	+0.244%	$4K	—	3x	as long as short
Hyperliquid LINEA	+0.0441%	1h	0.002824	+0.590%	$2.7M	$304K	3x	as long as short
GMX LINEA/USD [ETH-USDC]	L +0.0447% / S −0.0179%	1h	0.002814	+0.234%	$32K	—	100x	as long as short