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

LINEA

all LINEA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.050%
Price spread now: Hyperliquid against Lighter+0.211%7-day average +0.277% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.114%+$11 on $10k
Price spread, last 4 days (all we have)+0.029%+$3 · spread now +0.211%, 7d avg +0.277%
Together, before fees+0.144%+ Points / potential airdropLighter: Season 3 · Hyperliquid: Season 2 · farm board+$14 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: Hyperliquid is 0.066% cheaper against Lighter than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.277%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter LINEA0.0028380.0096pay 0.0012% / 1h24m 08s$109K$59K3x
ShortHyperliquid LINEA0.0028440.0100get 0.0013% / 1h24m 08s$2.7M$254K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: +0.211% → +0.277%
−$6.57
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$14.73
Costs to cover
0.090%
Break-even
129.7 days
Slippage unknown: Lighter: live order book, 57 min ago; Hyperliquid: live order book, 7 min ago. Net counts fees only.

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, 57 min ago28.10 bp40.5 bp −$40doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 7 min ago3.52 bp27.2 bp −$27doesn't fitdoesn'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
Backpack LINEA_USDC_PERP−0.0516%1h0.002835−0.113%$85K$52K10xas long as short
Injective LINEA/USDC PERP+0.0033%1h0.002810−0.987%$734$39K5.5xas long as short
BloFin LINEA-USDT+0.0060%4h0.002830−0.282%$218K$13K50xas long as short
Lighter LINEAlong+0.0096%1h0.002838long leg$109K$59K3x
Hyperliquid LINEAshort+0.0100%1h0.002844+0.211%$2.7M$254K3x
Aster LINEAUSDT+0.0100%4h0.002835−0.095%$20K$135xas long as short
Binance LINEAUSDT+0.0100%4h0.002833−0.164%$4.0M$3.6M50xas long as short
Bybit LINEAUSDT+0.0100%4h0.002831−0.247%$2.9M$852K50xas long as short
OKX LINEA-USDT-SWAP+0.0100%4h0.002829−0.317%$1.2M$939K50xas long as short
Gate LINEA_USDT+0.0100%4h0.002837−0.035%$241K$61K50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC LINEA_USDT+0.0100%4h0.002835−0.106%$3.9M$1.1M100xas long as short
KuCoin LINEAUSDTM+0.0100%4h0.002837−0.035%$543K$50K50xas long as short
Bitget LINEAUSDT+0.0100%4h0.002835−0.106%$1.1M$480K50xas long as short
BingX LINEA-USDT+0.0100%4h0.002833−0.176%$2.6Mas long as short
Variational Omni LINEA+0.0100%4h0.002830−0.285%$113K$59Kas long as short
GRVT LINEA_USDT_Perp+0.0100%4h0.002833−0.176%$146K$2.3M10xas long as short
ApeX Omni LINEAUSDT+0.0100%1h0.002830−0.282%$2K$19K50xas long as short
SunX LINEA-USDT+0.0100%4h0.002890+1.832%$1K$1.4M20xas long as short
Extended LINEA-USD+0.0104%1h0.002834−0.151%$12K$177K10xas long as short
Reya LINEARUSDPERP+0.0269%1h0.002833−0.183%$4K3xas long as short
GMX LINEA/USD [ETH-USDC]L +0.0448% / S −0.0181%1h0.002837−0.035%$32K100xas long as short