Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.003%
Price spread now: Lighter against Binance+0.163%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$780.777% of the position
Funding, last 7 days−0.029%−$3 on $10k
+Price spread, last 4 days (all we have)−0.139%−$14 · spread now +0.163%, 7d avg +0.042%
=Together, before fees−0.168%+ Points / potential airdropLighter: Season 3 · farm board−$17 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 0.122% dearer against Binance than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LINEAUSDT | 0.002841 | 0.0100 | pay 0.0050% / 4h | 1h 15m | $4.1M | $3.6M | 50x |
| Short | Lighter LINEA | 0.002846 | 0.0096 | get 0.0012% / 1h | 15m 55s | $110K | $55K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Binance. 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: +0.163% → +0.042%
- $12.16
- Slippage, 4 orders
- −$67.67
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$66.35
- Costs to cover
- 0.777%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; Lighter: live order book, 57 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 Binance live order book, 6 min ago | 3.52 bp | 17.7 bp −$18 | 54.8 bp −$548 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 57 min ago | 12.36 bp | 15.5 bp −$16 | 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 | −1.104% | $734 | $39K | 5.5x | as long as short |
| Lighter LINEAshort | +0.0096% | 1h | 0.002846 | +0.163% | $110K | $55K | 3x | |
| Hyperliquid LINEA | +0.0100% | 1h | 0.002851 | +0.339% | $2.7M | $253K | 3x | as long as short |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002844 | +0.100% | $20K | $13 | 5x | as long as short |
| Binance LINEAUSDTlong | +0.0100% | 4h | 0.002841 | long leg | $4.1M | $3.6M | 50x | |
| Bybit LINEAUSDT | +0.0100% | 4h | 0.002839 | −0.083% | $2.9M | $772K | 50x | as long as short |
| OKX LINEA-USDT-SWAP | +0.0100% | 4h | 0.002838 | −0.118% | $1.2M | $930K | 50x | as long as short |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002845 | +0.128% | $244K | $62K | 50x | as long as short |
| MEXC LINEA_USDT | +0.0100% | 4h | 0.002841 | −0.013% | $3.9M | $1.1M | 100x | as long as short |
| KuCoin LINEAUSDTM | +0.0100% | 4h | 0.002845 | +0.128% | $544K | $51K | 50x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget LINEAUSDT | +0.0100% | 4h | 0.002842 | +0.023% | $1.1M | $481K | 50x | as long as short |
| BingX LINEA-USDT | +0.0100% | 4h | 0.002838 | −0.118% | — | $2.6M | — | as long as short |
| Variational Omni LINEA | +0.0100% | 4h | 0.002835 | −0.236% | $113K | $59K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002841 | −0.030% | $144K | $2.3M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002840 | −0.048% | $2K | $19K | 50x | as long as short |
| SunX LINEA-USDT | +0.0100% | 4h | 0.002900 | +2.064% | $2K | $1.4M | 20x | as long as short |
| BloFin LINEA-USDT | +0.0103% | 4h | 0.002841 | −0.013% | $217K | $16K | 50x | as long as short |
| Extended LINEA-USD | +0.0104% | 1h | 0.002839 | −0.068% | $12K | $177K | 10x | as long as short |
| Backpack LINEA_USDC_PERP | +0.0132% | 1h | 0.002844 | +0.096% | $85K | $51K | 10x | as long as short |
| Reya LINEARUSDPERP | +0.0270% | 1h | 0.002843 | +0.058% | $4K | — | 3x | as long as short |
| GMX LINEA/USD [ETH-USDC] | L +0.0449% / S −0.0181% | 1h | 0.002845 | +0.128% | $32K | — | 100x | as long as short |
Binance LINEAUSDT
Lighter LINEA
Injective LINEA/USDC PERP
Hyperliquid LINEA
Aster LINEAUSDT
Bybit LINEAUSDT
OKX LINEA-USDT-SWAP
Gate LINEA_USDT
MEXC LINEA_USDT
KuCoin LINEAUSDTM
Bitget LINEAUSDT
BingX LINEA-USDT
Variational Omni LINEA
GRVT LINEA_USDT_Perp
ApeX Omni LINEAUSDT
SunX LINEA-USDT
BloFin LINEA-USDT
Extended LINEA-USD
Backpack LINEA_USDC_PERP
GMX LINEA/USD [ETH-USDC]