Funding arb · Price arb /

LINEA

all LINEA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Lighter against Bitget+0.248%7-day average +0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$116as in the Funding arb table

Net, price: spread back to 7d avg − costs−$86as in the Price arb table

costs, in and out, $10k−$1111.107% of the position

Long on Bitget Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.055%−$6 on $10k

Price spread, last 4 days (all we have)−0.434%−$43 · spread now +0.248%, 7d avg +0.006%

Together, before fees−0.489%+ Points / potential airdropLighter: Season 3 · farm board−$49 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 0.242% dearer against Bitget than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of +0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget LINEAUSDT	0.002822	0.0100	pay 0.0050% / 4h	3h 47m	$1.1M	$450K	50x
Short	Lighter LINEA	0.002829	0.0096	get 0.0012% / 1h	47m 12s	$111K	$45K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Bitget. 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 BitgetbpFee LighterbpOrdersPrice spread, now +0.248%Rate

Funding earned: −$0.84
Price spread: +0.248% → +0.006%: $24.18
Slippage, 4 orders: −$98.67
Fee Bitget: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$87.33
Costs to cover: 1.107%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; Lighter: live order book, 32 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 Bitget live order book, 4 min ago	5.31 bp	33.3 bp −$33	68.2 bp −$682	doesn't fit	doesn't fit
Sell Lighter live order book, 32 min ago	12.36 bp	16.6 bp −$17	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	−0.425%	$734	$39K	5.5x	as long as short
Lighter LINEAshort	+0.0096%	1h	0.002829	+0.248%	$111K	$45K	3x
Aster LINEAUSDT	+0.0100%	4h	0.002822	−0.008%	$20K	$2K	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002821	−0.025%	$4.0M	$4.1M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002818	−0.142%	$2.8M	$876K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002819	−0.106%	$1.2M	$989K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002821	−0.035%	$228K	$78K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002821	−0.035%	$3.9M	$1.1M	100x	as long as short
KuCoin LINEAUSDTM	+0.0100%	4h	0.002821	−0.035%	$501K	$74K	50x	as long as short
Bitget LINEAUSDTlong	+0.0100%	4h	0.002822	long leg	$1.1M	$450K	50x

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX LINEA-USDT	+0.0100%	4h	0.002821	−0.035%	—	$2.6M	—	as long as short
Backpack LINEA_USDC_PERP	+0.0100%	1h	0.002821	−0.028%	$86K	$63K	10x	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002817	−0.176%	$109K	$56K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002822	−0.001%	$145K	$2.2M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002810	−0.425%	$2K	$20K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002880	+2.055%	$2K	$1.7M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002820	−0.079%	$11K	$217K	10x	as long as short
BloFin LINEA-USDT	+0.0154%	4h	0.002822	0.000%	$210K	$30K	50x	as long as short
Hyperliquid LINEA	+0.0257%	1h	0.002830	+0.283%	$2.7M	$309K	3x	as long as short
Reya LINEARUSDPERP	+0.0278%	1h	0.002820	−0.056%	$4K	—	3x	as long as short
GMX LINEA/USD [ETH-USDC]	L +0.0448% / S −0.0179%	1h	0.002821	−0.035%	$32K	—	100x	as long as short