Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h +0.034%
Price spread now: Lighter against Backpack+0.217%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.333%+$33 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.217% dearer against Backpack than usual: you sell high and buy low, +$22 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack LINEA_USDC_PERP | 0.002814 | 0.0100 | pay 0.0013% / 1h | 37m 59s | $87K | $61K | 10x |
| Short | Lighter LINEA | 0.002820 | 0.0096 | get 0.0012% / 1h | 37m 59s | $110K | $49K | 3x |
Backpack LINEA_USDC_PERP
Lighter LINEAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Backpack. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.84
- Price spread: +0.217% → 0.000%
- $21.68
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $10.84
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Backpack: no order-book sample; Lighter: live order book, 46 min ago. Net counts fees only.
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 Backpack no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 46 min ago | 29.99 bp | 33.4 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
Backpack: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.139% | $734 | $39K | 5.5x | as long as short |
| Lighter LINEAshort | +0.0096% | 1h | 0.002820 | +0.217% | $110K | $49K | 3x | |
| BloFin LINEA-USDT | +0.0096% | 4h | 0.002817 | +0.110% | $210K | $30K | 50x | as long as short |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002816 | +0.082% | $20K | $2K | 5x | as long as short |
| Binance LINEAUSDT | +0.0100% | 4h | 0.002814 | +0.017% | $4.0M | $4.0M | 50x | as long as short |
| Bybit LINEAUSDT | +0.0100% | 4h | 0.002812 | −0.068% | $2.8M | $868K | 50x | as long as short |
| OKX LINEA-USDT-SWAP | +0.0100% | 4h | 0.002812 | −0.068% | $1.2M | $983K | 50x | as long as short |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002817 | +0.110% | $228K | $84K | 50x | as long as short |
| MEXC LINEA_USDT | +0.0100% | 4h | 0.002814 | +0.004% | $3.9M | $1.1M | 100x | as long as short |
| KuCoin LINEAUSDTM | +0.0100% | 4h | 0.002818 | +0.146% | $507K | $73K | 50x | as long as short |
Injective LINEA/USDC PERP
BloFin LINEA-USDT
Aster LINEAUSDT
Binance LINEAUSDT
Bybit LINEAUSDT
OKX LINEA-USDT-SWAP
Gate LINEA_USDT
MEXC LINEA_USDT
KuCoin LINEAUSDTMShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget LINEAUSDT | +0.0100% | 4h | 0.002817 | +0.110% | $1.0M | $450K | 50x | as long as short |
| BingX LINEA-USDT | +0.0100% | 4h | 0.002813 | −0.032% | — | $2.6M | — | as long as short |
| Backpack LINEA_USDC_PERPlong | +0.0100% | 1h | 0.002814 | long leg | $87K | $61K | 10x | |
| Variational Omni LINEA | +0.0100% | 4h | 0.002820 | +0.233% | $109K | $56K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002826 | +0.443% | $146K | $2.2M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002820 | +0.217% | $2K | $20K | 50x | as long as short |
| SunX LINEA-USDT | +0.0100% | 4h | 0.002870 | +1.994% | $2K | $1.7M | 20x | as long as short |
| Extended LINEA-USD | +0.0104% | 1h | 0.002814 | −0.005% | $10K | $218K | 10x | as long as short |
| Reya LINEARUSDPERP | +0.0277% | 1h | 0.002814 | 0.000% | $4K | — | 3x | as long as short |
| Hyperliquid LINEA | +0.0299% | 1h | 0.002823 | +0.323% | $2.7M | $316K | 3x | as long as short |
| GMX LINEA/USD [ETH-USDC] | L +0.0448% / S −0.0179% | 1h | 0.002814 | +0.004% | $32K | — | 100x | as long as short |
Bitget LINEAUSDT
BingX LINEA-USDT
Variational Omni LINEA
GRVT LINEA_USDT_Perp
ApeX Omni LINEAUSDT
SunX LINEA-USDT
Extended LINEA-USD
Reya LINEARUSDPERP
Hyperliquid LINEA
GMX LINEA/USD [ETH-USDC]