Settings8H · net · $10k
Funding arb · Price arb /

LINEA

all LINEA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.002%
Price spread now: Binance against Lighter−0.106%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1341.336% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.029%+$3 on $10k
Price spread, last 4 days (all we have)+0.063%+$6 · spread now −0.106%, 7d avg −0.043%
Together, before fees+0.092%+ Points / potential airdropLighter: Season 3 · farm board+$9 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: Binance is 0.062% cheaper against Lighter than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter LINEA0.0028360.0096pay 0.0012% / 1h24m 54s$109K$54K3x
ShortBinance LINEAUSDT0.0028330.0100get 0.0050% / 4h24m 54s$4.1M$3.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Lighter. 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

Funding earned
$0.84
Price spread: −0.106% → −0.043%
−$6.24
Slippage, 4 orders
−$123.58
Fee Lighter: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
−$138.98
Costs to cover
1.336%
Break-even
1165.2 days
Slippage from Lighter: live order book, 35 min ago; Binance: live order book, 12 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 35 min ago34.99 bp53.3 bp −$53doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 12 min ago1.76 bp20.7 bp −$2154.9 bp −$549doesn't fitdoesn't fit

LINEA on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective LINEA/USDC PERP+0.0033%1h0.002810−0.917%$734$39K5.5xas long as short
Lighter LINEAlong+0.0096%1h0.002836long leg$109K$54K3x
Hyperliquid LINEA+0.0100%1h0.002842+0.212%$2.7M$254K3xas long as short
Aster LINEAUSDT+0.0100%4h0.002838+0.066%$20K$135xas long as short
Binance LINEAUSDTshort+0.0100%4h0.002833−0.106%$4.1M$3.6M50x
Bybit LINEAUSDT+0.0100%4h0.002830−0.212%$2.9M$773K50xas long as short
OKX LINEA-USDT-SWAP+0.0100%4h0.002830−0.212%$1.2M$923K50xas long as short
Gate LINEA_USDT+0.0100%4h0.002839+0.106%$241K$61K50xas long as short
MEXC LINEA_USDT+0.0100%4h0.002832−0.141%$3.9M$1.1M100xas long as short
KuCoin LINEAUSDTM+0.0100%4h0.002840+0.141%$542K$51K50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget LINEAUSDT+0.0100%4h0.0028360.000%$1.1M$478K50xas long as short
BingX LINEA-USDT+0.0100%4h0.002833−0.106%$2.6Mas long as short
Backpack LINEA_USDC_PERP+0.0100%1h0.002835−0.042%$84K$52K10xas long as short
Variational Omni LINEA+0.0100%4h0.002831−0.188%$113K$59Kas long as short
GRVT LINEA_USDT_Perp+0.0100%4h0.002839+0.106%$147K$2.3M10xas long as short
ApeX Omni LINEAUSDT+0.0100%1h0.002830−0.212%$2K$19K50xas long as short
SunX LINEA-USDT+0.0100%4h0.002890+1.904%$2K$1.5M20xas long as short
Extended LINEA-USD+0.0104%1h0.002831−0.178%$12K$177K10xas long as short
BloFin LINEA-USDT+0.0159%4h0.002834−0.071%$217K$16K50xas long as short
Reya LINEARUSDPERP+0.0270%1h0.002832−0.140%$4K3xas long as short
GMX LINEA/USD [ETH-USDC]L +0.0449% / S −0.0181%1h0.002835−0.035%$32K100xas long as short