Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Binance+0.350%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1421.422% of the position
Funding, last 7 days−0.032%−$3 on $10k
+Price spread, last 4 days (all we have)−0.303%−$30 · spread now +0.350%, 7d avg +0.048%
=Together, before fees−0.335%+ Points / potential airdropLighter: Season 3 · farm board−$33 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: Lighter is 0.302% dearer against Binance than usual: you sell high and buy low, +$30 on $10k if it goes back to its 7-day average of +0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LINEAUSDT | 0.002855 | 0.0100 | pay 0.0050% / 4h | 2h 29m | $4.1M | $3.7M | 50x |
| Short | Lighter LINEA | 0.002865 | 0.0096 | get 0.0012% / 1h | 29m 07s | $113K | $56K | 3x |
Binance LINEAUSDT
Lighter LINEAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.84
- Price spread: +0.350% → +0.048%
- $30.22
- Slippage, 4 orders
- −$132.23
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$112.86
- Costs to cover
- 1.422%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; Lighter: live order book, 20 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 Binance live order book, 8 min ago | 3.52 bp | 17.5 bp −$17 | 58.5 bp −$585 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 20 min ago | 38.56 bp | 41.7 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
LINEA on 20 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 | −1.576% | $734 | $39K | 5.5x | as long as short |
| Lighter LINEAshort | +0.0096% | 1h | 0.002865 | +0.350% | $113K | $56K | 3x | |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002857 | +0.086% | $20K | $13 | 5x | as long as short |
| Binance LINEAUSDTlong | +0.0100% | 4h | 0.002855 | long leg | $4.1M | $3.7M | 50x | |
| Bybit LINEAUSDT | +0.0100% | 4h | 0.002853 | −0.070% | $2.9M | $803K | 50x | as long as short |
| OKX LINEA-USDT-SWAP | +0.0100% | 4h | 0.002850 | −0.175% | $1.2M | $953K | 50x | as long as short |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002856 | +0.035% | $239K | $71K | 50x | as long as short |
| MEXC LINEA_USDT | +0.0100% | 4h | 0.002855 | 0.000% | $3.9M | $1.1M | 100x | as long as short |
| KuCoin LINEAUSDTM | +0.0100% | 4h | 0.002858 | +0.105% | $570K | $61K | 50x | as long as short |
| Bitget LINEAUSDT | +0.0100% | 4h | 0.002856 | +0.035% | $1.1M | $482K | 50x | as long as short |
Injective LINEA/USDC PERP
Aster LINEAUSDT
Bybit LINEAUSDT
OKX LINEA-USDT-SWAP
Gate LINEA_USDT
MEXC LINEA_USDT
KuCoin LINEAUSDTM
Bitget LINEAUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX LINEA-USDT | +0.0100% | 4h | 0.002854 | −0.035% | — | $2.7M | — | as long as short |
| Backpack LINEA_USDC_PERP | +0.0100% | 1h | 0.002856 | +0.032% | $90K | $61K | 10x | as long as short |
| Variational Omni LINEA | +0.0100% | 4h | 0.002848 | −0.243% | $112K | $56K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002845 | −0.350% | $143K | $2.3M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002850 | −0.175% | $2K | $19K | 50x | as long as short |
| SunX LINEA-USDT | +0.0100% | 4h | 0.002920 | +2.277% | $1K | $1.5M | 20x | as long as short |
| Extended LINEA-USD | +0.0104% | 1h | 0.002851 | −0.132% | $13K | $158K | 10x | as long as short |
| Hyperliquid LINEA | +0.0230% | 1h | 0.002863 | +0.280% | $2.7M | $256K | 3x | as long as short |
| Reya LINEARUSDPERP | +0.0272% | 1h | 0.002854 | −0.038% | $4K | — | 3x | as long as short |
| GMX LINEA/USD [ETH-USDC] | L +0.0453% / S −0.0181% | 1h | 0.002855 | 0.000% | $32K | — | 100x | as long as short |
BingX LINEA-USDT
Backpack LINEA_USDC_PERP
Variational Omni LINEA
GRVT LINEA_USDT_Perp
ApeX Omni LINEAUSDT
SunX LINEA-USDT
Extended LINEA-USD
Hyperliquid LINEA
Reya LINEARUSDPERP
GMX LINEA/USD [ETH-USDC]