Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC−0.0004%/8hpaid last 24h −0.004%

Price spread now: Lighter against SunX−1.701%7-day average −2.019% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.063%−$6 on $10k

Price spread, last 3 days (all we have)−0.357%−$36 · spread now −1.701%, 7d avg −2.019%

Together, before fees−0.420%+ Points / potential airdropLighter: Season 3 · farm board−$42 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: Lighter is 0.318% dearer against SunX than usual: you sell high and buy low, +$32 on $10k if it goes back to its 7-day average of −2.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX LINEA-USDT	0.002880	0.0100	pay 0.0050% / 4h	5m 06s	$1K	$1.4M	20x
Short	Lighter LINEA	0.002831	0.0096	get 0.0012% / 1h	5m 06s	$110K	$60K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against SunX. 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 SunXbpFee LighterbpOrdersPrice spread, now −1.701%Rate

Funding earned: −$0.84
Price spread: −1.701% → −2.019%: $31.76
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: $22.92
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: SunX: live order book, 4 min ago; Lighter: live order book, 21 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 SunX live order book, 4 min ago	276.82 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Lighter live order book, 21 min ago	31.81 bp	34.7 bp −$35	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
Bybit LINEAUSDT	−0.0192%	4h	0.002822	−2.014%	$2.8M	$844K	50x	as long as short
Injective LINEA/USDC PERP	−0.0165%	1h	0.002810	−2.431%	$734	$39K	5.5x	as long as short
BloFin LINEA-USDT	+0.0079%	4h	0.002824	−1.944%	$221K	$12K	50x	as long as short
Lighter LINEAshort	+0.0096%	1h	0.002831	−1.701%	$110K	$60K	3x
Hyperliquid LINEA	+0.0100%	1h	0.002831	−1.701%	$2.7M	$247K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002825	−1.924%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002821	−2.045%	$4.0M	$3.6M	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002819	−2.118%	$1.2M	$952K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002826	−1.875%	$236K	$57K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002822	−2.014%	$3.8M	$927K	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	0.002828	−1.806%	$541K	$51K	50x	as long as short
Bitget LINEAUSDT	+0.0100%	4h	0.002824	−1.944%	$1.1M	$476K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002822	−2.014%	—	$2.6M	—	as long as short
Backpack LINEA_USDC_PERP	+0.0100%	1h	0.002826	−1.885%	$84K	$54K	10x	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002820	−2.084%	$112K	$60K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002825	−1.901%	$145K	$2.1M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002830	−1.736%	$2K	$19K	50x	as long as short
SunX LINEA-USDTlong	+0.0100%	4h	0.002880	long leg	$1K	$1.4M	20x
Extended LINEA-USD	+0.0104%	1h	0.002821	−2.037%	$12K	$183K	10x	as long as short
Reya LINEARUSDPERP	+0.0267%	1h	0.002821	−2.036%	$4K	—	3x	as long as short
GMX LINEA/USD [ETH-USDC]	L +0.0449% / S −0.0181%	1h	0.002826	−1.875%	$32K	—	100x	as long as short