Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0079%/8h= +8.6% APRpaid last 24h +0.016%

Price spread now: GMX against Binance+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 Binance Short on GMX

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—needs both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and GMX is 0.066% dearer against Binance than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance LINEAUSDT	0.002815	0.0100	pay 0.0050% / 4h	1h 02m	$4.0M	$4.0M	50x
Short	GMX LINEA/USD [ETH-USDC]	0.002817	L +0.0448% / S −0.0179%	get 0.0022% / 1h	2m 38s	$32K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Binance. 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 BinancebpFee GMXbpOrdersPrice spread, now +0.066%Rate

Funding earned: $16.52
Price spread: +0.066% → 0.000%: $6.57
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $1.09
Costs to cover: 0.220%
Break-even: 6.5 days

Slippage unknown: Binance: live order book, 4 min ago; GMX: 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 Binance live order book, 4 min ago	3.54 bp	19.6 bp −$20	57.2 bp −$572	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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	−0.183%	$734	$39K	5.5x	as long as short
Lighter LINEA	+0.0096%	1h	0.002822	+0.243%	$110K	$55K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002817	+0.050%	$20K	$2K	5x	as long as short
Binance LINEAUSDTlong	+0.0100%	4h	0.002815	long leg	$4.0M	$4.0M	50x
Bybit LINEAUSDT	+0.0100%	4h	0.002815	−0.005%	$2.8M	$864K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002814	−0.041%	$1.2M	$978K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002818	+0.101%	$228K	$84K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002815	−0.005%	$3.9M	$1.1M	100x	as long as short
KuCoin LINEAUSDTM	+0.0100%	4h	0.002818	+0.101%	$507K	$73K	50x	as long as short
Bitget LINEAUSDT	+0.0100%	4h	0.002818	+0.101%	$1.1M	$449K	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	0.002817	+0.066%	—	$2.6M	—	as long as short
Backpack LINEA_USDC_PERP	+0.0100%	1h	0.002818	+0.101%	$88K	$62K	10x	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002821	+0.190%	$109K	$56K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002823	+0.279%	$145K	$2.2M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002820	+0.172%	$2K	$20K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002880	+2.304%	$2K	$1.7M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002815	−0.016%	$11K	$107K	10x	as long as short
BloFin LINEA-USDT	+0.0138%	4h	0.002817	+0.066%	$211K	$29K	50x	as long as short
Hyperliquid LINEA	+0.0223%	1h	0.002826	+0.385%	$2.7M	$318K	3x	as long as short
Reya LINEARUSDPERP	+0.0277%	1h	0.002818	+0.116%	$4K	—	3x	as long as short
GMX LINEA/USD [ETH-USDC]short	L +0.0448% / S −0.0179%	1h	0.002817	+0.066%	$32K	—	100x