Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.003%

Price spread now: Bitget against Lighter−0.035%7-day average +0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs−$96as in the Funding arb table

Net, price: spread back to 7d avg − costs−$107as in the Price arb table

costs, in and out, $10k−$1021.015% of the position

Long on Lighter Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.056%+$6 on $10k

Price spread, last 4 days (all we have)+0.086%+$9 · spread now −0.035%, 7d avg +0.024%

Together, before fees+0.141%+ Points / potential airdropLighter: Season 3 · farm board+$14 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: Bitget is 0.059% cheaper against Lighter than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter LINEA	0.002832	0.0096	pay 0.0012% / 1h	51m 06s	$109K	$55K	3x
Short	Bitget LINEAUSDT	0.002831	0.0100	get 0.0050% / 4h	1h 51m	$1.1M	$480K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.035%Rate

Funding earned: $0.84
Price spread: −0.035% → +0.024%: −$5.9
Slippage, 4 orders: −$89.52
Fee Lighter: 0 bp × 2 orders: $0
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$106.58
Costs to cover: 1.015%
Break-even: 895.2 days

Slippage from Lighter: live order book, 22 min ago; Bitget: live order book, 5 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, 22 min ago	12.36 bp	22.0 bp −$22	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	3.54 bp	28.4 bp −$28	57.4 bp −$574	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
Bybit LINEAUSDT	−0.0035%	4h	0.002825	−0.247%	$2.8M	$790K	50x	as long as short
Injective LINEA/USDC PERP	+0.0033%	1h	0.002810	−0.777%	$734	$39K	5.5x	as long as short
BloFin LINEA-USDT	+0.0092%	4h	0.002830	−0.071%	$217K	$16K	50x	as long as short
Lighter LINEAlong	+0.0096%	1h	0.002832	long leg	$109K	$55K	3x
Hyperliquid LINEA	+0.0100%	1h	0.002839	+0.247%	$2.7M	$253K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002832	+0.001%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002829	−0.103%	$4.0M	$3.6M	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002823	−0.318%	$1.2M	$924K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002830	−0.071%	$241K	$61K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002830	−0.071%	$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	0.002830	−0.071%	$541K	$50K	50x	as long as short
Bitget LINEAUSDTshort	+0.0100%	4h	0.002831	−0.035%	$1.1M	$480K	50x
BingX LINEA-USDT	+0.0100%	4h	0.002828	−0.141%	—	$2.6M	—	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002824	−0.273%	$112K	$59K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002827	−0.183%	$146K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002830	−0.071%	$2K	$19K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002890	+2.048%	$1K	$1.4M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002828	−0.156%	$12K	$177K	10x	as long as short
Reya LINEARUSDPERP	+0.0269%	1h	0.002828	−0.135%	$4K	—	3x	as long as short
Backpack LINEA_USDC_PERP	+0.0414%	1h	0.002830	−0.085%	$84K	$51K	10x	as long as short
GMX LINEA/USD [ETH-USDC]	L +0.0448% / S −0.0181%	1h	0.002831	−0.035%	$32K	—	100x	as long as short