Funding you earn now, next payment 01:00 UTC+0.0381%/8h= +41.7% APRpaid last 24h +0.014%
Price spread now: Lighter against Bybit+0.245%7-day average +0.148% · you sell dearer than you buy
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1271.274% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)−0.150%−$15 · spread now +0.245%, 7d avg +0.148%
=Together, before fees−0.163%+ Points / potential airdropLighter: Season 3 · farm board−$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Lighter is 0.097% dearer against Bybit than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.148%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.013% in total (about -0.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit LINEAUSDT | 0.002855 | −0.0285 | get 0.0142% / 4h | 3h 30m | $2.9M | $784K | 50x |
| Short | Lighter LINEA | 0.002862 | 0.0096 | get 0.0012% / 1h | 30m 42s | $110K | $52K | 3x |
Bybit LINEAUSDT
Lighter LINEAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bybit. 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
- $79.99
- Price spread: +0.245% → +0.148%
- $9.73
- Slippage, 4 orders
- −$116.37
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$37.66
- Costs to cover
- 1.274%
- Break-even
- 10.3 days
Slippage from Bybit: live order book, 2 min ago; Lighter: live order book, 24 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 Bybit live order book, 2 min ago | 5.26 bp | 43.8 bp −$44 | 294.9 bp −$2,949 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 24 min ago | 13.95 bp | 17.1 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit LINEAUSDTlong | −0.0285% | 4h | 0.002855 | long leg | $2.9M | $784K | 50x | |
| Injective LINEA/USDC PERP | +0.0033% | 1h | 0.002810 | −1.576% | $734 | $39K | 5.5x | as long as short |
| BloFin LINEA-USDT | +0.0064% | 4h | 0.002858 | +0.105% | $219K | $15K | 50x | as long as short |
| Lighter LINEAshort | +0.0096% | 1h | 0.002862 | +0.245% | $110K | $52K | 3x | |
| Hyperliquid LINEA | +0.0100% | 1h | 0.002870 | +0.525% | $2.7M | $255K | 3x | as long as short |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002859 | +0.146% | $20K | $13 | 5x | as long as short |
| Binance LINEAUSDT | +0.0100% | 4h | 0.002858 | +0.105% | $4.1M | $3.6M | 50x | as long as short |
| OKX LINEA-USDT-SWAP | +0.0100% | 4h | 0.002854 | −0.035% | $1.2M | $929K | 50x | as long as short |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002860 | +0.175% | $240K | $69K | 50x | as long as short |
| MEXC LINEA_USDT | +0.0100% | 4h | 0.002858 | +0.105% | $3.9M | $1.1M | 100x | as long as short |
Injective LINEA/USDC PERP
BloFin LINEA-USDT
Hyperliquid LINEA
Aster LINEAUSDT
Binance 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 | 0.002861 | +0.210% | $562K | $58K | 50x | as long as short |
| Bitget LINEAUSDT | +0.0100% | 4h | 0.002859 | +0.140% | $1.1M | $476K | 50x | as long as short |
| BingX LINEA-USDT | +0.0100% | 4h | 0.002857 | +0.070% | — | $2.7M | — | as long as short |
| Variational Omni LINEA | +0.0100% | 4h | 0.002854 | −0.033% | $115K | $62K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002858 | +0.105% | $142K | $2.3M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002850 | −0.175% | $2K | $19K | 50x | as long as short |
| SunX LINEA-USDT | +0.0100% | 4h | 0.002920 | +2.277% | $2K | $1.5M | 20x | as long as short |
| Extended LINEA-USD | +0.0104% | 1h | 0.002856 | +0.049% | $10K | $156K | 10x | as long as short |
| Backpack LINEA_USDC_PERP | +0.0116% | 1h | 0.002860 | +0.189% | $85K | $51K | 10x | as long as short |
| Reya LINEARUSDPERP | +0.0271% | 1h | 0.002858 | +0.121% | $4K | — | 3x | as long as short |
| GMX LINEA/USD [ETH-USDC] | L +0.0451% / S −0.0181% | 1h | 0.002860 | +0.175% | $32K | — | 100x | as long as short |
KuCoin LINEAUSDTM
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]