Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0348%/8h= −38.1% APRpaid last 24h −0.094%

Price spread now: KuCoin against GMX+0.211%7-day average — · you sell dearer than you buy

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

Long on GMX Short on KuCoin

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

The price spread pays, funding is against you. KuCoin is 0.211% dearer against GMX than usual: you sell high and buy low (spread +0.211% now, against zero (this spread has no 7-day history yet)): +$21 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 2.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX LINEA/USD [ETH-USDC]	0.002840	L +0.0448% / S −0.0181%	pay 0.0056% / 1h	39m 43s	$32K	—	100x
Short	KuCoin LINEAUSDTM	0.002846	0.0100	get 0.0050% / 4h	39m 43s	$543K	$51K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee GMXbpFee KuCoinbpOrdersPrice spread, now +0.211%Rate

Funding earned: −$73.14
Price spread: +0.211% → 0.000%: $21.13
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$76.01
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; KuCoin: live order book, 23 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 GMX no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 23 min ago	26.30 bp	273.2 bp −$273	755.9 bp −$7,559	doesn't fit	doesn't fit

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	−1.056%	$734	$39K	5.5x	as long as short
Lighter LINEA	+0.0096%	1h	0.002842	+0.070%	$110K	$54K	3x	as long as short
Hyperliquid LINEA	+0.0100%	1h	0.002848	+0.282%	$2.7M	$254K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002842	+0.061%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002837	−0.093%	$4.1M	$3.6M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002836	−0.141%	$2.9M	$774K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002836	−0.141%	$1.2M	$952K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002845	+0.176%	$244K	$60K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002837	−0.106%	$3.9M	$1.1M	100x	as long as short
KuCoin LINEAUSDTMshort	+0.0100%	4h	0.002846	+0.211%	$543K	$51K	50x

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget LINEAUSDT	+0.0100%	4h	0.002841	+0.035%	$1.1M	$478K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002837	−0.106%	—	$2.6M	—	as long as short
Backpack LINEA_USDC_PERP	+0.0100%	1h	0.002840	+0.014%	$84K	$52K	10x	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002834	−0.206%	$113K	$59K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002848	+0.281%	$147K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002850	+0.352%	$2K	$19K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002900	+2.113%	$1K	$1.5M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002837	−0.106%	$12K	$177K	10x	as long as short
BloFin LINEA-USDT	+0.0130%	4h	0.002845	+0.176%	$217K	$16K	50x	as long as short
Reya LINEARUSDPERP	+0.0270%	1h	0.002837	−0.104%	$4K	—	3x	as long as short
GMX LINEA/USD [ETH-USDC]long	L +0.0448% / S −0.0181%	1h	0.002840	long leg	$32K	—	100x