Funding you earn now, next payment 01:00 UTC+0.0101%/8h= +11.0% APRnext payment +$0.13 per $10,000 · paid last 24h +0.048%
Price spread now: Hyperliquid against Lighter0.000%7-day average +0.273% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1191.195% of the position
Funding, last 7 days+0.114%+$11 on $10k
+Price spread, last 4 days (all we have)+0.250%+$25 · spread now 0.000%, 7d avg +0.273%
=Together, before fees+0.365%+ Points / potential airdropLighter: Season 3 · Hyperliquid: Season 2 · farm board+$36 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.273% cheaper against Lighter than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.273%). If the spread goes back, that is −$27 on $10k: about 9.0 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LINEA | 0.002879 | 0.0096 | pay 0.0012% / 1h | 6m 09s | $111K | $52K | 3x |
| Short | Hyperliquid LINEA | 0.002879 | 0.0197 | get 0.0025% / 1h | 6m 09s | $2.7M | $254K | 3x |
Lighter LINEA
Hyperliquid LINEAFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $21.19
- Price spread: 0.000% → +0.273%
- −$27.3
- Slippage, 4 orders
- −$110.49
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$125.6
- Costs to cover
- 1.195%
- Break-even
- 48.5 days
Slippage from Lighter: live order book, 48 min ago; Hyperliquid: 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, 48 min ago | 13.95 bp | 23.7 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 5 min ago | 3.47 bp | 38.0 bp −$38 | 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 | −2.397% | $734 | $39K | 5.5x | as long as short |
| BloFin LINEA-USDT | +0.0090% | 4h | 0.002869 | −0.347% | $219K | $15K | 50x | as long as short |
| Lighter LINEAlong | +0.0096% | 1h | 0.002879 | long leg | $111K | $52K | 3x | |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002871 | −0.270% | $20K | $13 | 5x | as long as short |
| Binance LINEAUSDT | +0.0100% | 4h | 0.002867 | −0.402% | $4.1M | $3.6M | 50x | as long as short |
| Bybit LINEAUSDT | +0.0100% | 4h | 0.002865 | −0.486% | $2.9M | $781K | 50x | as long as short |
| OKX LINEA-USDT-SWAP | +0.0100% | 4h | 0.002862 | −0.590% | $1.2M | $935K | 50x | as long as short |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002872 | −0.243% | $241K | $70K | 50x | as long as short |
| MEXC LINEA_USDT | +0.0100% | 4h | 0.002867 | −0.417% | $4.0M | $1.1M | 100x | as long as short |
| KuCoin LINEAUSDTM | +0.0100% | 4h | 0.002872 | −0.243% | $572K | $60K | 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 | 0.002871 | −0.278% | $1.1M | $477K | 50x | as long as short |
| BingX LINEA-USDT | +0.0100% | 4h | 0.002869 | −0.347% | — | $2.7M | — | as long as short |
| Variational Omni LINEA | +0.0100% | 4h | 0.002862 | −0.574% | $113K | $62K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002874 | −0.174% | $144K | $2.3M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002880 | +0.035% | $2K | $19K | 50x | as long as short |
| SunX LINEA-USDT | +0.0100% | 4h | 0.002930 | +1.771% | $2K | $1.5M | 20x | as long as short |
| Extended LINEA-USD | +0.0104% | 1h | 0.002865 | −0.476% | $9K | $155K | 10x | as long as short |
| Hyperliquid LINEAshort | +0.0197% | 1h | 0.002879 | 0.000% | $2.7M | $254K | 3x | |
| Backpack LINEA_USDC_PERP | +0.0257% | 1h | 0.002871 | −0.267% | $85K | $51K | 10x | as long as short |
| Reya LINEARUSDPERP | +0.0272% | 1h | 0.002867 | −0.422% | $4K | — | 3x | as long as short |
| GMX LINEA/USD [ETH-USDC] | L +0.0452% / S −0.0181% | 1h | 0.002867 | −0.417% | $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
Backpack LINEA_USDC_PERP
Reya LINEARUSDPERP
GMX LINEA/USD [ETH-USDC]