Settings8H · net · $10k
Funding arb · Price arb /

LINEA

all LINEA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0024%/8h= +2.7% APRpaid last 24h −0.008%
Price spread now: Lighter against BloFin+0.141%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1101.102% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.025%−$3 on $10k
Price spread, last 3 days (all we have)−0.196%−$20 · spread now +0.141%, 7d avg +0.047%
Together, before fees−0.221%+ Points / potential airdropLighter: Season 3 · farm board−$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.094% dearer against BloFin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin LINEA-USDT0.0028300.0072pay 0.0036% / 4h2h 28m$217K$13K50x
ShortLighter LINEA0.0028340.0096get 0.0012% / 1h28m 37s$110K$58K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against BloFin. 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

Funding earned
$5.1
Price spread: +0.141% → +0.047%
$9.41
Slippage, 4 orders
−$98.23
Fee BloFin: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$95.73
Costs to cover
1.102%
Break-even
138.4 days
Slippage from BloFin: live order book, 54 min ago; Lighter: live order book, 53 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 54 min ago3.52 bp13.4 bp −$1329.8 bp −$298doesn't fitdoesn't fit
Sell Lighter live order book, 53 min ago28.10 bp31.3 bp −$31doesn't fitdoesn't fitdoesn't fit

LINEA on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack LINEA_USDC_PERP−0.0527%1h0.002830+0.004%$85K$52K10xas long as short
Injective LINEA/USDC PERP+0.0033%1h0.002810−0.707%$734$39K5.5xas long as short
BloFin LINEA-USDTlong+0.0072%4h0.002830long leg$217K$13K50x
Lighter LINEAshort+0.0096%1h0.002834+0.141%$110K$58K3x
Hyperliquid LINEA+0.0100%1h0.002838+0.283%$2.7M$254K3xas long as short
Aster LINEAUSDT+0.0100%4h0.002832+0.078%$20K$135xas long as short
Binance LINEAUSDT+0.0100%4h0.002829−0.035%$4.0M$3.6M50xas long as short
Bybit LINEAUSDT+0.0100%4h0.002826−0.141%$2.8M$853K50xas long as short
OKX LINEA-USDT-SWAP+0.0100%4h0.002826−0.141%$1.2M$938K50xas long as short
Gate LINEA_USDT+0.0100%4h0.002833+0.106%$241K$61K50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC LINEA_USDT+0.0100%4h0.002829−0.035%$3.9M$1.1M100xas long as short
KuCoin LINEAUSDTM+0.0100%4h0.002833+0.106%$542K$50K50xas long as short
Bitget LINEAUSDT+0.0100%4h0.002831+0.035%$1.1M$480K50xas long as short
BingX LINEA-USDT+0.0100%4h0.002827−0.106%$2.6Mas long as short
Variational Omni LINEA+0.0100%4h0.002828−0.075%$113K$59Kas long as short
GRVT LINEA_USDT_Perp+0.0100%4h0.002833+0.099%$141K$2.3M10xas long as short
ApeX Omni LINEAUSDT+0.0100%1h0.002840+0.353%$2K$19K50xas long as short
SunX LINEA-USDT+0.0100%4h0.002890+2.120%$1K$1.4M20xas long as short
Extended LINEA-USD+0.0104%1h0.002828−0.082%$12K$177K10xas long as short
Reya LINEARUSDPERP+0.0269%1h0.002828−0.062%$4K3xas long as short
GMX LINEA/USD [ETH-USDC]L +0.0448% / S −0.0181%1h0.002831+0.035%$32K100xas long as short