Settings8H · net · $10k
Funding arb · Price arb /

LINEA

all LINEA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0414%/8h= −45.3% APRnext payment $0.52 per $10,000 · paid last 24h −0.090%
Price spread now: Injective against GMX−0.390%57s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Injective is 0.390% cheaper against GMX than usual: you would sell low and buy high (−$39 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX LINEA/USD [ETH-USDC]0.002821L +0.0447% / S −0.0181%pay 0.0056% / 1h3m 32s$32K100x
ShortInjective LINEA/USDC PERP0.0028100.0033get 0.0004% / 1h3m 32s$734$39K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against GMX. 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

Funding earned
−$86.91
Price spread: −0.390% → 0.000%
−$38.99
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$137.93
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Injective no order-book sample
GMX and 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 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack LINEA_USDC_PERP−0.0475%1h0.002818−0.092%$84K$51K10xas long as short
Bybit LINEAUSDT+0.0014%4h0.002813−0.284%$2.8M$810K50xas long as short
Injective LINEA/USDC PERPshort+0.0033%1h0.002810−0.390%$734$39K5.5x
BloFin LINEA-USDT+0.0057%4h0.0028210.000%$217K$13K50xas long as short
Lighter LINEA+0.0096%1h0.002820−0.035%$109K$59K3xas long as short
Hyperliquid LINEA+0.0100%1h0.002826+0.177%$2.7M$254K3xas long as short
Aster LINEAUSDT+0.0100%4h0.002821+0.011%$20K$135xas long as short
Binance LINEAUSDT+0.0100%4h0.002815−0.213%$4.0M$3.6M50xas long as short
OKX LINEA-USDT-SWAP+0.0100%4h0.002815−0.213%$1.2M$927K50xas long as short
Gate LINEA_USDT+0.0100%4h0.002825+0.142%$240K$61K50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC LINEA_USDT+0.0100%4h0.002816−0.177%$3.9M$1.1M100xas long as short
KuCoin LINEAUSDTM+0.0100%4h0.002824+0.106%$540K$50K50xas long as short
Bitget LINEAUSDT+0.0100%4h0.002820−0.035%$1.1M$480K50xas long as short
BingX LINEA-USDT+0.0100%4h0.002816−0.177%$2.6Mas long as short
Variational Omni LINEA+0.0100%4h0.002815−0.199%$112K$59Kas long as short
GRVT LINEA_USDT_Perp+0.0100%4h0.002822+0.035%$145K$2.3M10xas long as short
ApeX Omni LINEAUSDT+0.0100%1h0.002820−0.035%$2K$19K50xas long as short
SunX LINEA-USDT+0.0100%4h0.002880+2.091%$1K$1.4M20xas long as short
Extended LINEA-USD+0.0104%1h0.002815−0.224%$12K$177K10xas long as short
Reya LINEARUSDPERP+0.0269%1h0.002815−0.204%$4K3xas long as short
GMX LINEA/USD [ETH-USDC]longL +0.0447% / S −0.0181%1h0.002821long leg$32K100x