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

LINEA

all LINEA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0061%/8h= +6.7% APRpaid last 24h +0.007%
Price spread now: BloFin against Lighter−0.283%90s7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$730.728% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.025%+$3 on $10k
Price spread, last 3 days (all we have)+0.380%+$38 · spread now −0.283%, 7d avg −0.048%
Together, before fees+0.405%+ Points / potential airdropLighter: Season 3 · farm board+$41 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.235% cheaper against Lighter than usual: you would sell low and buy high (spread −0.283% now, against its 7-day average of −0.048%). If the spread goes back, that is −$23 on $10k: about 13 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.025% in total) that is about 2 months. The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter LINEA0.0028300.0096pay 0.0012% / 1h47m 35s$109K$55K3x
ShortBloFin LINEA-USDT0.0028220.0157get 0.0078% / 4h1h 47m$216K$16K50x

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
$12.76
Price spread: −0.283% → −0.048%
−$23.46
Slippage, 4 orders
−$60.75
Fee Lighter: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$83.46
Costs to cover
0.728%
Break-even
52.8 days
Slippage from Lighter: live order book, 25 min ago; BloFin: live order book, 28 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, 25 min ago12.36 bp22.0 bp −$22doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 28 min ago5.30 bp13.3 bp −$1336.4 bp −$364doesn'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
Bybit LINEAUSDT−0.0116%4h0.002822−0.283%$2.8M$789K50xas long as short
Injective LINEA/USDC PERP+0.0033%1h0.002810−0.707%$734$39K5.5xas long as short
Lighter LINEAlong+0.0096%1h0.002830long leg$109K$55K3x
Hyperliquid LINEA+0.0100%1h0.002837+0.247%$2.7M$254K3xas long as short
Aster LINEAUSDT+0.0100%4h0.002827−0.095%$20K$135xas long as short
Binance LINEAUSDT+0.0100%4h0.002827−0.106%$4.0M$3.6M50xas long as short
OKX LINEA-USDT-SWAP+0.0100%4h0.002823−0.247%$1.2M$924K50xas long as short
Gate LINEA_USDT+0.0100%4h0.002829−0.035%$241K$61K50xas long as short
MEXC LINEA_USDT+0.0100%4h0.002826−0.141%$3.9M$1.1M100xas long as short
KuCoin LINEAUSDTM+0.0100%4h0.0028300.000%$541K$50K50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget LINEAUSDT+0.0100%4h0.002831+0.035%$1.1M$480K50xas long as short
BingX LINEA-USDT+0.0100%4h0.002826−0.141%$2.6Mas long as short
Variational Omni LINEA+0.0100%4h0.002826−0.150%$113K$59Kas long as short
GRVT LINEA_USDT_Perp+0.0100%4h0.0028300.000%$144K$2.3M10xas long as short
ApeX Omni LINEAUSDT+0.0100%1h0.002820−0.353%$2K$19K50xas long as short
SunX LINEA-USDT+0.0100%4h0.002880+1.767%$2K$1.4M20xas long as short
Extended LINEA-USD+0.0104%1h0.002824−0.209%$12K$177K10xas long as short
BloFin LINEA-USDTshort+0.0157%4h0.002822−0.283%$216K$16K50x
Reya LINEARUSDPERP+0.0269%1h0.002827−0.117%$4K3xas long as short
Backpack LINEA_USDC_PERP+0.0420%1h0.002827−0.124%$84K$51K10xas long as short
GMX LINEA/USD [ETH-USDC]L +0.0448% / S −0.0181%1h0.002828−0.071%$32K100xas long as short