LINEA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.048%

Price spread now: Hyperliquid against Lighter+0.211%7-day average +0.274% · you sell dearer than you buy

Net, funding: paid 7d − costs−$137as in the Funding arb table

Net, price: spread back to 7d avg − costs−$155as in the Price arb table

costs, in and out, $10k−$1481.483% of the position

Long on Lighter Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.114%+$11 on $10k

Price spread, last 4 days (all we have)+0.009%+$1 · spread now +0.211%, 7d avg +0.274%

Together, before fees+0.124%+ Points / potential airdropLighter: Season 3 · Hyperliquid: Season 2 · farm board+$12 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: Hyperliquid is 0.063% 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 +0.274%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter LINEA	0.002839	0.0096	pay 0.0012% / 1h	35m 07s	$109K	$54K	3x
Short	Hyperliquid LINEA	0.002845	0.0100	get 0.0013% / 1h	35m 07s	$2.7M	$254K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid 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 HyperliquidbpOrdersPrice spread, now +0.211%Rate

Funding earned: $0.84
Price spread: +0.211% → +0.274%: −$6.29
Slippage, 4 orders: −$139.25
Fee Lighter: 0 bp × 2 orders: $0
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$153.7
Costs to cover: 1.483%
Break-even: 1287.8 days

Slippage from Lighter: live order book, 24 min ago; Hyperliquid: live order book, 6 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, 24 min ago	34.99 bp	53.3 bp −$53	doesn't fit	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 6 min ago	1.75 bp	31.9 bp −$32	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	−1.021%	$734	$39K	5.5x	as long as short
BloFin LINEA-USDT	+0.0073%	4h	0.002835	−0.141%	$217K	$16K	50x	as long as short
Lighter LINEAlong	+0.0096%	1h	0.002839	long leg	$109K	$54K	3x
Hyperliquid LINEAshort	+0.0100%	1h	0.002845	+0.211%	$2.7M	$254K	3x
Aster LINEAUSDT	+0.0100%	4h	0.002838	−0.033%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002835	−0.132%	$4.1M	$3.6M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002833	−0.211%	$2.9M	$773K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002830	−0.317%	$1.2M	$952K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002839	0.000%	$241K	$61K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002835	−0.141%	$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	0.002842	+0.106%	$542K	$51K	50x	as long as short
Bitget LINEAUSDT	+0.0100%	4h	0.002839	0.000%	$1.1M	$478K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002834	−0.176%	—	$2.6M	—	as long as short
Backpack LINEA_USDC_PERP	+0.0100%	1h	0.002838	−0.042%	$84K	$52K	10x	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002831	−0.276%	$113K	$59K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002837	−0.055%	$147K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002830	−0.317%	$2K	$19K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002890	+1.796%	$1K	$1.5M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002835	−0.156%	$12K	$177K	10x	as long as short
Reya LINEARUSDPERP	+0.0270%	1h	0.002836	−0.122%	$4K	—	3x	as long as short
GMX LINEA/USD [ETH-USDC]	L +0.0448% / S −0.0181%	1h	0.002838	−0.035%	$32K	—	100x	as long as short