Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0011%/8h= +1.2% APRpaid last 24h −0.003%

Price spread now: BloFin against Injective+0.214%7-day average — · you sell dearer than you buy

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

Long on Injective Short on BloFin

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—needs both histories

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.214% dearer against Injective than usual: you sell high and buy low: +$21 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	Injective LINEA/USDC PERP	0.002810	0.0033	pay 0.0004% / 1h	31m 58s	$734	$39K	5.5x
Short	BloFin LINEA-USDT	0.002816	0.0044	get 0.0022% / 4h	3h 31m	$210K	$30K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Injective. 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 InjectivebpFee BloFinbpOrdersPrice spread, now +0.214%Rate

Funding earned: $2.27
Price spread: +0.214% → 0.000%: $21.35
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee BloFin: 6 bp × 2 orders: −$12
Net: $11.61
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; BloFin: live order book, 34 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 Injective no order-book sample	—	—	—	—	—
Sell BloFin live order book, 34 min ago	3.54 bp	23.0 bp −$23	54.6 bp −$546	doesn't fit	doesn't fit

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack LINEA_USDC_PERP	+0.0008%	1h	0.002807	−0.117%	$87K	$64K	10x	as long as short
Injective LINEA/USDC PERPlong	+0.0033%	1h	0.002810	long leg	$734	$39K	5.5x
BloFin LINEA-USDTshort	+0.0044%	4h	0.002816	+0.214%	$210K	$30K	50x
Lighter LINEA	+0.0096%	1h	0.002813	+0.107%	$110K	$46K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002808	−0.069%	$20K	$2K	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002806	−0.142%	$4.0M	$4.0M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002806	−0.142%	$2.8M	$873K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002804	−0.214%	$1.2M	$983K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002811	+0.036%	$227K	$78K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002807	−0.107%	$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	0.002810	0.000%	$499K	$74K	50x	as long as short
Bitget LINEAUSDT	+0.0100%	4h	0.002809	−0.036%	$1.0M	$450K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002807	−0.107%	—	$2.6M	—	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002809	−0.034%	$109K	$56K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002817	+0.247%	$145K	$2.2M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002810	0.000%	$2K	$20K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002860	+1.779%	$2K	$1.7M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002806	−0.151%	$11K	$218K	10x	as long as short
Hyperliquid LINEA	+0.0208%	1h	0.002816	+0.214%	$2.7M	$309K	3x	as long as short
Reya LINEARUSDPERP	+0.0278%	1h	0.002805	−0.163%	$4K	—	3x	as long as short
GMX LINEA/USD [ETH-USDC]	L +0.0448% / S −0.0179%	1h	0.002807	−0.107%	$32K	—	100x	as long as short