Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0530%/8h= +58.0% APRpaid last 24h +0.017%

Price spread now: Extended against Bybit+0.085%7-day average +0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$164as in the Funding arb table

Net, price: spread back to 7d avg − costs−$162as in the Price arb table

costs, in and out, $10k−$1661.662% of the position

Long on Bybit Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.024%+$2 on $10k

Price spread, last 4 days (all we have)−0.073%−$7 · spread now +0.085%, 7d avg +0.045%

Together, before fees−0.048%+ Points / potential airdropExtended: Active · farm board−$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Extended is 0.040% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.045%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.024% in total (about 1.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit LINEAUSDT	0.002851	−0.0426	get 0.0213% / 4h	3h 35m	$2.9M	$785K	50x
Short	Extended LINEA-USD	0.002853	0.0104	get 0.0013% / 1h	35m 14s	$10K	$156K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Bybit. 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 BybitbpFee ExtendedbpOrdersPrice spread, now +0.085%Rate

Funding earned: $111.32
Price spread: +0.085% → +0.045%: $3.98
Slippage, 4 orders: −$150.17
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$50.88
Costs to cover: 1.662%
Break-even: 10.2 days

Slippage from Bybit: live order book, 2 min ago; Extended: live order book, 36 min ago.

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 Bybit live order book, 2 min ago	5.26 bp	41.7 bp −$42	287.5 bp −$2,875	doesn't fit	doesn't fit
Sell Extended live order book, 36 min ago	8.78 bp	42.4 bp −$42	288.7 bp −$2,887	doesn't fit	doesn't fit

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
Bybit LINEAUSDTlong	−0.0426%	4h	0.002851	long leg	$2.9M	$785K	50x
Injective LINEA/USDC PERP	+0.0033%	1h	0.002810	−1.438%	$734	$39K	5.5x	as long as short
BloFin LINEA-USDT	+0.0090%	4h	0.002853	+0.070%	$219K	$15K	50x	as long as short
Lighter LINEA	+0.0096%	1h	0.002858	+0.246%	$110K	$52K	3x	as long as short
Hyperliquid LINEA	+0.0100%	1h	0.002865	+0.491%	$2.7M	$255K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002858	+0.246%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002854	+0.105%	$4.1M	$3.6M	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002849	−0.070%	$1.2M	$933K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002860	+0.316%	$240K	$69K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002854	+0.105%	$3.9M	$1.1M	100x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin LINEAUSDTM	+0.0100%	4h	0.002859	+0.281%	$561K	$58K	50x	as long as short
Bitget LINEAUSDT	+0.0100%	4h	0.002857	+0.210%	$1.1M	$476K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002850	−0.035%	—	$2.7M	—	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002850	−0.033%	$115K	$62K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002861	+0.351%	$143K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002850	−0.035%	$2K	$19K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002910	+2.069%	$2K	$1.5M	20x	as long as short
Extended LINEA-USDshort	+0.0104%	1h	0.002853	+0.085%	$10K	$156K	10x
Backpack LINEA_USDC_PERP	+0.0196%	1h	0.002856	+0.172%	$85K	$52K	10x	as long as short
Reya LINEARUSDPERP	+0.0271%	1h	0.002854	+0.103%	$4K	—	3x	as long as short
GMX LINEA/USD [ETH-USDC]	L +0.0451% / S −0.0181%	1h	0.002856	+0.175%	$32K	—	100x	as long as short