Funding you earn now, next payment 08:00 UTC+0.0031%/8h= +3.4% APRpaid last 24h −0.002%
Price spread now: Lighter against BloFin+0.177%90s7-day average +0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1161.163% of the position
Funding, last 7 days−0.025%−$2 on $10k
+Price spread, last 4 days (all we have)−0.236%−$24 · spread now +0.177%, 7d avg +0.081%
=Together, before fees−0.261%+ Points / potential airdropLighter: Season 3 · farm board−$26 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.097% dearer against BloFin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.081%. The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin LINEA-USDT | 0.002817 | 0.0065 | pay 0.0032% / 4h | 59m 29s | $211K | $29K | 50x |
| Short | Lighter LINEA | 0.002822 | 0.0096 | get 0.0012% / 1h | 59m 29s | $110K | $49K | 3x |
BloFin LINEA-USDT
Lighter LINEAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BloFin. 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
- $6.56
- Price spread: +0.177% → +0.081%
- $9.7
- Slippage, 4 orders
- −$104.3
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$100.04
- Costs to cover
- 1.163%
- Break-even
- 113.7 days
Slippage from BloFin: live order book, 11 min ago; Lighter: live order book, 25 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 BloFin live order book, 11 min ago | 3.55 bp | 20.8 bp −$21 | 38.0 bp −$380 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 25 min ago | 29.99 bp | 33.4 bp −$33 | 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 | −0.248% | $734 | $39K | 5.5x | as long as short |
| BloFin LINEA-USDTlong | +0.0065% | 4h | 0.002817 | long leg | $211K | $29K | 50x | |
| Lighter LINEAshort | +0.0096% | 1h | 0.002822 | +0.177% | $110K | $49K | 3x | |
| Hyperliquid LINEA | +0.0100% | 1h | 0.002825 | +0.284% | $2.7M | $318K | 3x | as long as short |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002815 | −0.055% | $20K | $2K | 5x | as long as short |
| Binance LINEAUSDT | +0.0100% | 4h | 0.002816 | −0.037% | $4.0M | $4.0M | 50x | as long as short |
| Bybit LINEAUSDT | +0.0100% | 4h | 0.002812 | −0.177% | $2.8M | $861K | 50x | as long as short |
| OKX LINEA-USDT-SWAP | +0.0100% | 4h | 0.002813 | −0.142% | $1.2M | $980K | 50x | as long as short |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002816 | −0.035% | $228K | $84K | 50x | as long as short |
| MEXC LINEA_USDT | +0.0100% | 4h | 0.002815 | −0.071% | $3.9M | $1.1M | 100x | as long as short |
Injective LINEA/USDC PERP
Hyperliquid LINEA
Aster LINEAUSDT
Binance LINEAUSDT
Bybit LINEAUSDT
OKX LINEA-USDT-SWAP
Gate LINEA_USDT
MEXC LINEA_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LINEAUSDTM | +0.0100% | 4h | 0.002816 | −0.035% | $507K | $73K | 50x | as long as short |
| Bitget LINEAUSDT | +0.0100% | 4h | 0.002816 | −0.035% | $1.1M | $449K | 50x | as long as short |
| BingX LINEA-USDT | +0.0100% | 4h | 0.002815 | −0.071% | — | $2.6M | — | as long as short |
| Backpack LINEA_USDC_PERP | +0.0100% | 1h | 0.002814 | −0.121% | $88K | $62K | 10x | as long as short |
| Variational Omni LINEA | +0.0100% | 4h | 0.002812 | −0.177% | $109K | $56K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002819 | +0.059% | $145K | $2.2M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002810 | −0.248% | $2K | $20K | 50x | as long as short |
| SunX LINEA-USDT | +0.0100% | 4h | 0.002870 | +1.881% | $2K | $1.7M | 20x | as long as short |
| Extended LINEA-USD | +0.0104% | 1h | 0.002814 | −0.117% | $11K | $107K | 10x | as long as short |
| Reya LINEARUSDPERP | +0.0277% | 1h | 0.002815 | −0.056% | $4K | — | 3x | as long as short |
| GMX LINEA/USD [ETH-USDC] | L +0.0448% / S −0.0179% | 1h | 0.002815 | −0.071% | $32K | — | 100x | as long as short |
KuCoin LINEAUSDTM
Bitget LINEAUSDT
BingX LINEA-USDT
Backpack LINEA_USDC_PERP
Variational Omni LINEA
GRVT LINEA_USDT_Perp
ApeX Omni LINEAUSDT
SunX LINEA-USDT
Extended LINEA-USD
Reya LINEARUSDPERP
GMX LINEA/USD [ETH-USDC]