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

LINEA

all LINEA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.014%
Price spread now: Lighter against Bybit+0.314%7-day average +0.159% · you sell dearer than you buy
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1281.280% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.013%−$1 on $10k
Price spread, last 4 days (all we have)−0.240%−$24 · spread now +0.314%, 7d avg +0.159%
Together, before fees−0.253%+ Points / potential airdropLighter: Season 3 · farm board−$25 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 0.155% dearer against Bybit than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.159%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit LINEAUSDT0.0028660.0100pay 0.0050% / 4h0m 11s$2.9M$838K50x
ShortLighter LINEA0.0028750.0096get 0.0012% / 1h0m 11s$113K$56K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Bybit. 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
−$0.84
Price spread: +0.314% → +0.159%
$15.5
Slippage, 4 orders
−$116.96
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Lighter: 0 bp × 2 orders
$0
Net
−$113.3
Costs to cover
1.280%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Lighter: live order book, 39 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 Bybit live order book, 2 min ago5.24 bp49.4 bp −$49589.3 bp −$5,893doesn't fitdoesn't fit
Sell Lighter live order book, 39 min ago12.26 bp14.0 bp −$14doesn'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
Injective LINEA/USDC PERP+0.0033%1h0.002810−1.954%$734$39K5.5xas long as short
Lighter LINEAshort+0.0096%1h0.002875+0.314%$113K$56K3x
Aster LINEAUSDT+0.0100%4h0.002871+0.162%$20K$135xas long as short
Binance LINEAUSDT+0.0100%4h0.002869+0.115%$4.1M$3.9M50xas long as short
Bybit LINEAUSDTlong+0.0100%4h0.002866long leg$2.9M$838K50x
OKX LINEA-USDT-SWAP+0.0100%4h0.002864−0.070%$1.2M$966K50xas long as short
Gate LINEA_USDT+0.0100%4h0.002870+0.140%$236K$79K50xas long as short
MEXC LINEA_USDT+0.0100%4h0.002868+0.070%$4.0M$1.1M100xas long as short
KuCoin LINEAUSDTM+0.0100%4h0.002873+0.244%$573K$61K50xas long as short
Bitget LINEAUSDT+0.0100%4h0.002868+0.070%$1.1M$471K50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX LINEA-USDT+0.0100%4h0.002865−0.035%$2.6Mas long as short
Backpack LINEA_USDC_PERP+0.0100%1h0.002868+0.063%$90K$61K10xas long as short
Variational Omni LINEA+0.0100%4h0.002864−0.052%$110K$56Kas long as short
GRVT LINEA_USDT_Perp+0.0100%4h0.002870+0.140%$150K$2.3M10xas long as short
ApeX Omni LINEAUSDT+0.0100%1h0.002860−0.209%$2K$20K50xas long as short
SunX LINEA-USDT+0.0100%4h0.002930+2.233%$1K$1.6M20xas long as short
Extended LINEA-USD+0.0104%1h0.002869+0.095%$9K$162K10xas long as short
BloFin LINEA-USDT+0.0109%4h0.002870+0.140%$218K$30K50xas long as short
GMX LINEA/USD [ETH-USDC]L +0.0181% / S +0.0150%1h0.002869+0.105%$33K100xas long as short
Reya LINEARUSDPERP+0.0274%1h0.002869+0.119%$4K3xas long as short
Hyperliquid LINEA+0.0386%1h0.002878+0.419%$2.8M$281K3xas long as short