Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0173%/8h= +19.0% APRpaid last 24h +0.049%

Price spread now: Reya against MEXC−0.057%7-day average — · you buy dearer than you sell

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

Long on MEXC Short on Reya

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—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.057% cheaper against MEXC than usual: you would sell low and buy high (spread −0.057% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 26 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC LINEA_USDT	0.002861	0.0100	pay 0.0050% / 4h	1h 04m	$3.9M	$1.1M	100x
Short	Reya LINEARUSDPERP	0.002859	0.0273	get 0.0034% / 1h	4m 13s	$4K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against MEXC. 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 MEXCbpFee ReyabpOrdersPrice spread, now −0.057%Rate

Funding earned: $36.4
Price spread: −0.057% → 0.000%: −$5.66
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee Reya: 3 bp × 2 orders: −$6
Net: $20.74
Costs to cover: 0.100%
Break-even: 3.0 days

Slippage unknown: MEXC: live order book, 3 min ago; Reya: 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 MEXC live order book, 3 min ago	1.75 bp	8.8 bp −$9	38.8 bp −$388	175.3 bp −$17.5K	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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	−1.783%	$734	$39K	5.5x	as long as short
Lighter LINEA	+0.0096%	1h	0.002871	+0.350%	$114K	$56K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002861	+0.001%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002862	+0.035%	$4.1M	$3.8M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002856	−0.175%	$2.9M	$828K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002857	−0.140%	$1.2M	$956K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002865	+0.140%	$236K	$77K	50x	as long as short
MEXC LINEA_USDTlong	+0.0100%	4h	0.002861	long leg	$3.9M	$1.1M	100x
KuCoin LINEAUSDTM	+0.0100%	4h	0.002864	+0.105%	$571K	$61K	50x	as long as short
Bitget LINEAUSDT	+0.0100%	4h	0.002862	+0.035%	$1.1M	$467K	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	0.002857	−0.140%	—	$2.7M	—	as long as short
Backpack LINEA_USDC_PERP	+0.0100%	1h	0.002862	+0.024%	$90K	$61K	10x	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002857	−0.142%	$110K	$56K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002869	+0.280%	$140K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002860	−0.035%	$2K	$20K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002920	+2.062%	$1K	$1.6M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002858	−0.095%	$11K	$162K	10x	as long as short
BloFin LINEA-USDT	+0.0143%	4h	0.002855	−0.210%	$220K	$30K	50x	as long as short
Hyperliquid LINEA	+0.0195%	1h	0.002869	+0.280%	$2.7M	$266K	3x	as long as short
Reya LINEARUSDPERPshort	+0.0273%	1h	0.002859	−0.057%	$4K	—	3x
GMX LINEA/USD [ETH-USDC]	L +0.0454% / S −0.0181%	1h	0.002860	−0.035%	$32K	—	100x	as long as short