Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Lighter against KuCoin+0.105%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$489as in the Funding arb table

Net, price: spread back to 7d avg − costs−$473as in the Price arb table

costs, in and out, $10k−$4834.831% of the position

Long on KuCoin Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.063%−$6 on $10k

Price spread, last 4 days (all we have)−0.142%−$14 · spread now +0.105%, 7d avg +0.002%

Together, before fees−0.205%+ Points / potential airdropLighter: Season 3 · farm board−$20 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 0.103% dearer against KuCoin than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin LINEAUSDTM	0.002869	0.0100	pay 0.0050% / 4h	3h 50m	$572K	$61K	50x
Short	Lighter LINEA	0.002872	0.0096	get 0.0012% / 1h	50m 47s	$112K	$56K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against KuCoin. 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 KuCoinbpFee LighterbpOrdersPrice spread, now +0.105%Rate

Funding earned: −$0.84
Price spread: +0.105% → +0.002%: $10.28
Slippage, 4 orders: −$471.12
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$473.68
Costs to cover: 4.831%
Break-even: never at this rate

Slippage from KuCoin: live order book, 23 min ago; Lighter: live order book, 49 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 KuCoin live order book, 23 min ago	17.39 bp	201.7 bp −$202	doesn't fit	doesn't fit	doesn't fit
Sell Lighter live order book, 49 min ago	12.26 bp	14.0 bp −$14	doesn't fit	doesn't fit	doesn't fit

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	−2.056%	$734	$39K	5.5x	as long as short
BloFin LINEA-USDT	+0.0058%	4h	0.002858	−0.383%	$218K	$30K	50x	as long as short
Lighter LINEAshort	+0.0096%	1h	0.002872	+0.105%	$112K	$56K	3x
Aster LINEAUSDT	+0.0100%	4h	0.002869	+0.016%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002867	−0.055%	$4.1M	$3.9M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002866	−0.105%	$2.9M	$839K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002864	−0.174%	$1.2M	$965K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002870	+0.035%	$236K	$78K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002868	−0.035%	$4.0M	$1.0M	100x	as long as short
KuCoin LINEAUSDTMlong	+0.0100%	4h	0.002869	long leg	$572K	$61K	50x

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget LINEAUSDT	+0.0100%	4h	0.002870	+0.035%	$1.1M	$471K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002867	−0.070%	—	$2.6M	—	as long as short
Backpack LINEA_USDC_PERP	+0.0100%	1h	0.002868	−0.031%	$90K	$61K	10x	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002863	−0.192%	$110K	$56K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002871	+0.055%	$150K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002870	+0.035%	$2K	$20K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002930	+2.126%	$2K	$1.6M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002867	−0.080%	$9K	$162K	10x	as long as short
GMX LINEA/USD [ETH-USDC]	L +0.0180% / S +0.0151%	1h	0.002867	−0.070%	$33K	—	100x	as long as short
Reya LINEARUSDPERP	+0.0274%	1h	0.002867	−0.073%	$4K	—	3x	as long as short
Hyperliquid LINEA	+0.0371%	1h	0.002877	+0.279%	$2.8M	$281K	3x	as long as short