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

LINEA

all LINEA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0356%/8h= −39.0% APRnext payment $0.44 per $10,000 · paid last 24h −0.095%
Price spread now: Lighter against GMX+0.174%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread pays, funding is against you. Lighter is 0.174% dearer against GMX than usual: you sell high and buy low (spread +0.174% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 39 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX LINEA/USD [ETH-USDC]0.002872L +0.0452% / S −0.0181%pay 0.0056% / 1h12m 45s$32K100x
ShortLighter LINEA0.0028770.0096get 0.0012% / 1h12m 45s$111K$52K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against GMX. 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
−$74.76
Price spread: +0.174% → 0.000%
$17.41
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$69.35
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: GMX: no order-book sample; Lighter: live order book, 42 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Lighter live order book, 42 min ago13.95 bp17.1 bp −$17doesn't fitdoesn't fitdoesn't fit
GMX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective LINEA/USDC PERP+0.0033%1h0.002810−2.159%$734$39K5.5xas long as short
BloFin LINEA-USDT+0.0061%4h0.0028720.000%$218K$15K50xas long as short
Lighter LINEAshort+0.0096%1h0.002877+0.174%$111K$52K3x
Aster LINEAUSDT+0.0100%4h0.002870−0.085%$20K$135xas long as short
Binance LINEAUSDT+0.0100%4h0.002869−0.104%$4.1M$3.6M50xas long as short
Bybit LINEAUSDT+0.0100%4h0.002867−0.174%$2.9M$775K50xas long as short
OKX LINEA-USDT-SWAP+0.0100%4h0.002864−0.279%$1.2M$933K50xas long as short
Gate LINEA_USDT+0.0100%4h0.002871−0.035%$240K$70K50xas long as short
MEXC LINEA_USDT+0.0100%4h0.002869−0.104%$4.0M$1.1M100xas long as short
KuCoin LINEAUSDTM+0.0100%4h0.002871−0.035%$564K$58K50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget LINEAUSDT+0.0100%4h0.002870−0.070%$1.1M$477K50xas long as short
BingX LINEA-USDT+0.0100%4h0.002870−0.070%$2.7Mas long as short
Variational Omni LINEA+0.0100%4h0.002866−0.224%$115K$60Kas long as short
GRVT LINEA_USDT_Perp+0.0100%4h0.0028720.000%$144K$2.3M10xas long as short
ApeX Omni LINEAUSDT+0.0100%1h0.002870−0.070%$2K$19K50xas long as short
SunX LINEA-USDT+0.0100%4h0.002930+2.019%$2K$1.5M20xas long as short
Extended LINEA-USD+0.0104%1h0.002868−0.127%$10K$156K10xas long as short
Hyperliquid LINEA+0.0151%1h0.002880+0.279%$2.7M$255K3xas long as short
Backpack LINEA_USDC_PERP+0.0225%1h0.002869−0.097%$85K$51K10xas long as short
Reya LINEARUSDPERP+0.0271%1h0.002870−0.054%$4K3xas long as short
GMX LINEA/USD [ETH-USDC]longL +0.0452% / S −0.0181%1h0.002872long leg$32K100x