Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.002%

Price spread now: Binance against Lighter+0.020%7-day average −0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$132as in the Funding arb table

Net, price: spread back to 7d avg − costs−$128as in the Price arb table

costs, in and out, $10k−$1351.347% of the position

Long on Lighter Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.029%+$3 on $10k

Price spread, last 4 days (all we have)−0.063%−$6 · spread now +0.020%, 7d avg −0.043%

Together, before fees−0.034%+ Points / potential airdropLighter: Season 3 · farm board−$3 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: Binance is 0.064% dearer against Lighter than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.043%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter LINEA	0.002854	0.0096	pay 0.0012% / 1h	6m 26s	$110K	$54K	3x
Short	Binance LINEAUSDT	0.002855	0.0100	get 0.0050% / 4h	6m 26s	$4.1M	$3.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Lighter. 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 LighterbpFee BinancebpOrdersPrice spread, now +0.020%Rate

Funding earned: $0.84
Price spread: +0.020% → −0.043%: $6.37
Slippage, 4 orders: −$124.67
Fee Lighter: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: −$127.46
Costs to cover: 1.347%
Break-even: 1069.2 days

Slippage from Lighter: live order book, 53 min ago; Binance: live order book, 15 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 Lighter live order book, 53 min ago	34.99 bp	53.3 bp −$53	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	3.51 bp	20.8 bp −$21	58.5 bp −$585	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	−1.542%	$734	$39K	5.5x	as long as short
BloFin LINEA-USDT	+0.0043%	4h	0.002853	−0.035%	$217K	$16K	50x	as long as short
Lighter LINEAlong	+0.0096%	1h	0.002854	long leg	$110K	$54K	3x
Hyperliquid LINEA	+0.0100%	1h	0.002864	+0.350%	$2.7M	$255K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002853	−0.049%	$20K	$13	5x	as long as short
Binance LINEAUSDTshort	+0.0100%	4h	0.002855	+0.020%	$4.1M	$3.6M	50x
Bybit LINEAUSDT	+0.0100%	4h	0.002848	−0.210%	$2.9M	$782K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002848	−0.210%	$1.2M	$946K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002854	0.000%	$243K	$62K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002855	+0.035%	$3.9M	$1.1M	100x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin LINEAUSDTM	+0.0100%	4h	0.002855	+0.035%	$538K	$52K	50x	as long as short
Bitget LINEAUSDT	+0.0100%	4h	0.002855	+0.035%	$1.1M	$479K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002851	−0.105%	—	$2.6M	—	as long as short
Backpack LINEA_USDC_PERP	+0.0100%	1h	0.002852	−0.081%	$85K	$52K	10x	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002846	−0.294%	$114K	$62K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002856	+0.063%	$148K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002840	−0.491%	$2K	$19K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002910	+1.962%	$1K	$1.5M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002851	−0.090%	$12K	$177K	10x	as long as short
Reya LINEARUSDPERP	+0.0271%	1h	0.002852	−0.071%	$4K	—	3x	as long as short
GMX LINEA/USD [ETH-USDC]	L +0.0450% / S −0.0181%	1h	0.002853	−0.035%	$32K	—	100x	as long as short