Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.015%

Price spread now: Bybit against OKX+0.140%7-day average +0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$146as in the Funding arb table

Net, price: spread back to 7d avg − costs−$133as in the Price arb table

costs, in and out, $10k−$1451.455% of the position

Long on OKX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 7 days−0.068%−$7 · spread now +0.140%, 7d avg +0.012%

Together, before fees−0.077%−$8 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.128% dearer against OKX than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX LINEA-USDT-SWAP	0.002858	0.0100	pay 0.0050% / 4h	23m 12s	$1.2M	$967K	50x
Short	Bybit LINEAUSDT	0.002862	0.0100	get 0.0050% / 4h	23m 12s	$2.9M	$840K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against OKX. 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 OKXbpFee BybitbpOrdersPrice spread, now +0.140%Rate

Funding earned: $0
Price spread: +0.140% → +0.012%: $12.75
Slippage, 4 orders: −$124.46
Fee OKX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$132.71
Costs to cover: 1.455%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; Bybit: live order book, 4 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 OKX live order book, 3 min ago	1.75 bp	32.5 bp −$32	156.2 bp −$1,562	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	7.00 bp	42.6 bp −$43	392.5 bp −$3,925	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
Injective LINEA/USDC PERP	+0.0033%	1h	0.002810	−1.679%	$734	$39K	5.5x	as long as short
BloFin LINEA-USDT	+0.0070%	4h	0.002864	+0.210%	$218K	$30K	50x	as long as short
Lighter LINEA	+0.0096%	1h	0.002872	+0.490%	$112K	$56K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002864	+0.196%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002862	+0.143%	$4.1M	$3.9M	50x	as long as short
Bybit LINEAUSDTshort	+0.0100%	4h	0.002862	+0.140%	$2.9M	$840K	50x
OKX LINEA-USDT-SWAPlong	+0.0100%	4h	0.002858	long leg	$1.2M	$967K	50x
Gate LINEA_USDT	+0.0100%	4h	0.002864	+0.210%	$236K	$76K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002864	+0.210%	$3.9M	$1.1M	100x	as long as short
KuCoin LINEAUSDTM	+0.0100%	4h	0.002865	+0.245%	$571K	$61K	50x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget LINEAUSDT	+0.0100%	4h	0.002864	+0.210%	$1.1M	$468K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002860	+0.070%	—	$2.6M	—	as long as short
Backpack LINEA_USDC_PERP	+0.0100%	1h	0.002864	+0.203%	$90K	$61K	10x	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002857	−0.018%	$110K	$56K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002863	+0.171%	$140K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002860	+0.070%	$2K	$20K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002920	+2.169%	$1K	$1.6M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002862	+0.131%	$9K	$162K	10x	as long as short
Reya LINEARUSDPERP	+0.0274%	1h	0.002862	+0.153%	$4K	—	3x	as long as short
Hyperliquid LINEA	+0.0448%	1h	0.002873	+0.525%	$2.8M	$280K	3x	as long as short
GMX LINEA/USD [ETH-USDC]	L +0.0455% / S −0.0181%	1h	0.002863	+0.175%	$32K	—	100x	as long as short