Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0172%/8h= −18.8% APRpaid last 24h −0.048%

Price spread now: Binance against Reya+0.037%7-day average — · you sell dearer than you buy

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

Long on Reya Short on Binance

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

The price spread pays, funding is against you. Binance is 0.037% dearer against Reya than usual: you sell high and buy low (spread +0.037% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 17 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya LINEARUSDPERP	0.002830	0.0272	pay 0.0034% / 1h	41m 09s	$4K	—	3x
Short	Binance LINEAUSDT	0.002831	0.0100	get 0.0050% / 4h	2h 41m	$4.1M	$3.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Reya. 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 ReyabpFee BinancebpOrdersPrice spread, now +0.037%Rate

Funding earned: −$36.1
Price spread: +0.037% → 0.000%: $3.74
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Binance: 5 bp × 2 orders: −$10
Net: −$48.36
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; Binance: live order book, 11 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 Reya no order-book sample	—	—	—	—	—
Sell Binance live order book, 11 min ago	1.76 bp	23.4 bp −$23	67.6 bp −$676	doesn't fit	doesn't fit

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	−0.705%	$734	$39K	5.5x	as long as short
Lighter LINEA	+0.0096%	1h	0.002840	+0.355%	$110K	$52K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002831	+0.046%	$20K	$13	5x	as long as short
Binance LINEAUSDTshort	+0.0100%	4h	0.002831	+0.037%	$4.1M	$3.7M	50x
Bybit LINEAUSDT	+0.0100%	4h	0.002825	−0.175%	$2.8M	$799K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002824	−0.210%	$1.2M	$957K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002832	+0.073%	$237K	$71K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002831	+0.037%	$3.9M	$1.1M	100x	as long as short
KuCoin LINEAUSDTM	+0.0100%	4h	0.002832	+0.073%	$564K	$61K	50x	as long as short
Bitget LINEAUSDT	+0.0100%	4h	0.002831	+0.037%	$1.1M	$486K	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	0.002829	−0.033%	—	$2.7M	—	as long as short
Backpack LINEA_USDC_PERP	+0.0100%	1h	0.002831	+0.048%	$89K	$61K	10x	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002826	−0.137%	$112K	$62K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002835	+0.179%	$142K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002840	+0.355%	$2K	$19K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002890	+2.122%	$2K	$1.5M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002829	−0.022%	$9K	$155K	10x	as long as short
BloFin LINEA-USDT	+0.0127%	4h	0.002839	+0.320%	$219K	$15K	50x	as long as short
Reya LINEARUSDPERPlong	+0.0272%	1h	0.002830	long leg	$4K	—	3x
Hyperliquid LINEA	+0.0358%	1h	0.002840	+0.355%	$2.7M	$256K	3x	as long as short
GMX LINEA/USD [ETH-USDC]	L +0.0451% / S −0.0181%	1h	0.002830	+0.002%	$32K	—	100x	as long as short