Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0171%/8h= −18.7% APRpaid last 24h −0.048%

Price spread now: SunX against Reya+1.851%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 SunX

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. SunX is 1.851% dearer against Reya than usual: you sell high and buy low (spread +1.851% now, against zero (this spread has no 7-day history yet)): +$185 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 36 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya LINEARUSDPERP	0.002867	0.0271	pay 0.0034% / 1h	52m 22s	$4K	—	3x
Short	SunX LINEA-USDT	0.002920	0.0100	get 0.0050% / 4h	3h 52m	$2K	$1.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +1.851%Rate

Funding earned: −$35.89
Price spread: +1.851% → 0.000%: $185.07
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee SunX: 4 bp × 2 orders: −$8
Net: $135.19
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Reya: no order-book sample; SunX: live order book, 2 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 SunX live order book, 2 min ago	273.04 bp	doesn't fit	doesn't fit	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	−1.986%	$734	$39K	5.5x	as long as short
Lighter LINEA	+0.0096%	1h	0.002871	+0.142%	$111K	$52K	3x	as long as short
Hyperliquid LINEA	+0.0100%	1h	0.002877	+0.351%	$2.7M	$254K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002868	+0.020%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002866	−0.016%	$4.1M	$3.6M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002863	−0.137%	$2.9M	$784K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002859	−0.277%	$1.2M	$959K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002867	+0.002%	$242K	$65K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002868	+0.037%	$4.0M	$1.1M	100x	as long as short
KuCoin LINEAUSDTM	+0.0100%	4h	0.002868	+0.037%	$540K	$53K	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	0.002867	+0.002%	$1.1M	$481K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002866	−0.033%	—	$2.6M	—	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002865	−0.081%	$115K	$62K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002870	+0.107%	$148K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002870	+0.107%	$2K	$19K	50x	as long as short
SunX LINEA-USDTshort	+0.0100%	4h	0.002920	+1.851%	$2K	$1.5M	20x
Extended LINEA-USD	+0.0104%	1h	0.002863	−0.141%	$10K	$177K	10x	as long as short
BloFin LINEA-USDT	+0.0123%	4h	0.002868	+0.037%	$217K	$16K	50x	as long as short
Reya LINEARUSDPERPlong	+0.0271%	1h	0.002867	long leg	$4K	—	3x
Backpack LINEA_USDC_PERP	+0.0440%	1h	0.002867	−0.005%	$85K	$52K	10x	as long as short
GMX LINEA/USD [ETH-USDC]	L +0.0451% / S −0.0181%	1h	0.002869	+0.072%	$32K	—	100x	as long as short