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
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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LINEA | 0.002836 | 0.0096 | pay 0.0012% / 1h | 24m 54s | $109K | $54K | 3x |
| Short | Binance LINEAUSDT | 0.002833 | 0.0100 | get 0.0050% / 4h | 24m 54s | $4.1M | $3.6M | 50x |
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 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: −0.106% → −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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 35 min ago | 34.99 bp | 53.3 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 1.76 bp | 20.7 bp −$21 | 54.9 bp −$549 | 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 | −0.917% | $734 | $39K | 5.5x | as long as short |
| Lighter LINEAlong | +0.0096% | 1h | 0.002836 | long leg | $109K | $54K | 3x | |
| Hyperliquid LINEA | +0.0100% | 1h | 0.002842 | +0.212% | $2.7M | $254K | 3x | as long as short |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002838 | +0.066% | $20K | $13 | 5x | as long as short |
| Binance LINEAUSDTshort | +0.0100% | 4h | 0.002833 | −0.106% | $4.1M | $3.6M | 50x | |
| Bybit LINEAUSDT | +0.0100% | 4h | 0.002830 | −0.212% | $2.9M | $773K | 50x | as long as short |
| OKX LINEA-USDT-SWAP | +0.0100% | 4h | 0.002830 | −0.212% | $1.2M | $923K | 50x | as long as short |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002839 | +0.106% | $241K | $61K | 50x | as long as short |
| MEXC LINEA_USDT | +0.0100% | 4h | 0.002832 | −0.141% | $3.9M | $1.1M | 100x | as long as short |
| KuCoin LINEAUSDTM | +0.0100% | 4h | 0.002840 | +0.141% | $542K | $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 | 0.002836 | 0.000% | $1.1M | $478K | 50x | as long as short |
| BingX LINEA-USDT | +0.0100% | 4h | 0.002833 | −0.106% | — | $2.6M | — | as long as short |
| Backpack LINEA_USDC_PERP | +0.0100% | 1h | 0.002835 | −0.042% | $84K | $52K | 10x | as long as short |
| Variational Omni LINEA | +0.0100% | 4h | 0.002831 | −0.188% | $113K | $59K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002839 | +0.106% | $147K | $2.3M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002830 | −0.212% | $2K | $19K | 50x | as long as short |
| SunX LINEA-USDT | +0.0100% | 4h | 0.002890 | +1.904% | $2K | $1.5M | 20x | as long as short |
| Extended LINEA-USD | +0.0104% | 1h | 0.002831 | −0.178% | $12K | $177K | 10x | as long as short |
| BloFin LINEA-USDT | +0.0159% | 4h | 0.002834 | −0.071% | $217K | $16K | 50x | as long as short |
| Reya LINEARUSDPERP | +0.0270% | 1h | 0.002832 | −0.140% | $4K | — | 3x | as long as short |
| GMX LINEA/USD [ETH-USDC] | L +0.0449% / S −0.0181% | 1h | 0.002835 | −0.035% | $32K | — | 100x | as long as short |
Lighter LINEA
Binance LINEAUSDT
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
Backpack LINEA_USDC_PERP
Variational Omni LINEA
GRVT LINEA_USDT_Perp
ApeX Omni LINEAUSDT
SunX LINEA-USDT
Extended LINEA-USD
BloFin LINEA-USDT
GMX LINEA/USD [ETH-USDC]