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

LINEA

all LINEA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0062%/8h= +6.8% APRpaid last 24h +0.004%
Price spread now: BloFin against Lighter+0.070%60s7-day average −0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$740.736% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.024%+$2 on $10k
Price spread, last 4 days (all we have)−0.015%−$1 · spread now +0.070%, 7d avg −0.071%
Together, before fees+0.009%+ Points / potential airdropLighter: Season 3 · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.141% dearer against Lighter than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.071%. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter LINEA0.0028690.0096pay 0.0012% / 1h57m 53s$112K$56K3x
ShortBloFin LINEA-USDT0.0028710.0158get 0.0079% / 4h3h 57m$218K$30K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$13.04
Price spread: +0.070% → −0.071%
$14.09
Slippage, 4 orders
−$61.6
Fee Lighter: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$46.46
Costs to cover
0.736%
Break-even
31.9 days
Slippage from Lighter: live order book, 41 min ago; BloFin: live order book, 33 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 Lighter live order book, 41 min ago12.26 bp27.5 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 33 min ago3.49 bp21.5 bp −$2142.2 bp −$422doesn'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%1h0.002810−2.056%$734$39K5.5xas long as short
Lighter LINEAlong+0.0096%1h0.002869long leg$112K$56K3x
Aster LINEAUSDT+0.0100%4h0.002863−0.205%$20K$135xas long as short
Binance LINEAUSDT+0.0100%4h0.002862−0.244%$4.1M$3.9M50xas long as short
Bybit LINEAUSDT+0.0100%4h0.002857−0.418%$2.9M$838K50xas long as short
OKX LINEA-USDT-SWAP+0.0100%4h0.002858−0.383%$1.2M$964K50xas long as short
Gate LINEA_USDT+0.0100%4h0.002863−0.209%$236K$78K50xas long as short
MEXC LINEA_USDT+0.0100%4h0.002863−0.209%$4.0M$1.0M100xas long as short
KuCoin LINEAUSDTM+0.0100%4h0.002865−0.139%$571K$61K50xas long as short
Bitget LINEAUSDT+0.0100%4h0.002865−0.139%$1.1M$471K50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX LINEA-USDT+0.0100%4h0.002861−0.279%$2.6Mas long as short
Backpack LINEA_USDC_PERP+0.0100%1h0.002863−0.223%$90K$61K10xas long as short
Variational Omni LINEA+0.0100%4h0.002864−0.157%$110K$56Kas long as short
GRVT LINEA_USDT_Perp+0.0100%4h0.002870+0.035%$150K$2.3M10xas long as short
ApeX Omni LINEAUSDT+0.0100%1h0.002860−0.314%$2K$20K50xas long as short
SunX LINEA-USDT+0.0100%4h0.002920+1.778%$2K$1.6M20xas long as short
Extended LINEA-USD+0.0104%1h0.002862−0.254%$9K$162K10xas long as short
BloFin LINEA-USDTshort+0.0158%4h0.002871+0.070%$218K$30K50x
GMX LINEA/USD [ETH-USDC]L +0.0181% / S +0.0150%1h0.002861−0.279%$33K100xas long as short
Reya LINEARUSDPERP+0.0274%1h0.002860−0.317%$4K3xas long as short
Hyperliquid LINEA+0.0314%1h0.002871+0.070%$2.8M$281K3xas long as short