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: KuCoin against Lighter+0.106%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$515as in the Funding arb table
Net, price: spread back to 7d avg − costs−$512as in the Price arb table
costs, in and out, $10k−$5225.216% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.063%+$6 on $10k
Price spread, last 4 days (all we have)−0.178%−$18 · spread now +0.106%, 7d avg +0.010%
Together, before fees−0.115%+ Points / potential airdropLighter: Season 3 · farm board−$11 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: KuCoin is 0.096% dearer against Lighter than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter LINEA0.0028430.0096pay 0.0012% / 1h41m 12s$110K$54K3x
ShortKuCoin LINEAUSDTM0.0028460.0100get 0.0050% / 4h41m 12s$543K$51K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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% → +0.010%
$9.59
Slippage, 4 orders
−$509.57
Fee Lighter: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$511.15
Costs to cover
5.216%
Break-even
4266.6 days
Slippage from Lighter: live order book, 18 min ago; KuCoin: live order book, 22 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, 18 min ago34.99 bp53.3 bp −$53doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 22 min ago26.30 bp273.2 bp −$273755.9 bp −$7,559doesn'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%1h0.002810−1.161%$734$39K5.5xas long as short
Lighter LINEAlong+0.0096%1h0.002843long leg$110K$54K3x
Hyperliquid LINEA+0.0100%1h0.002848+0.176%$2.7M$254K3xas long as short
Aster LINEAUSDT+0.0100%4h0.002840−0.099%$20K$135xas long as short
Binance LINEAUSDT+0.0100%4h0.002840−0.106%$4.1M$3.6M50xas long as short
Bybit LINEAUSDT+0.0100%4h0.002836−0.246%$2.9M$774K50xas long as short
OKX LINEA-USDT-SWAP+0.0100%4h0.002836−0.246%$1.2M$949K50xas long as short
Gate LINEA_USDT+0.0100%4h0.002845+0.070%$244K$60K50xas long as short
MEXC LINEA_USDT+0.0100%4h0.002840−0.106%$3.9M$1.1M100xas long as short
KuCoin LINEAUSDTMshort+0.0100%4h0.002846+0.106%$543K$51K50x
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget LINEAUSDT+0.0100%4h0.002841−0.070%$1.1M$478K50xas long as short
BingX LINEA-USDT+0.0100%4h0.002838−0.176%$2.6Mas long as short
Backpack LINEA_USDC_PERP+0.0100%1h0.002840−0.091%$84K$52K10xas long as short
Variational Omni LINEA+0.0100%4h0.002844+0.040%$113K$59Kas long as short
GRVT LINEA_USDT_Perp+0.0100%4h0.002848+0.175%$147K$2.3M10xas long as short
ApeX Omni LINEAUSDT+0.0100%1h0.002850+0.246%$2K$19K50xas long as short
SunX LINEA-USDT+0.0100%4h0.002900+2.005%$2K$1.5M20xas long as short
Extended LINEA-USD+0.0104%1h0.002838−0.176%$12K$177K10xas long as short
BloFin LINEA-USDT+0.0130%4h0.002845+0.070%$217K$16K50xas long as short
Reya LINEARUSDPERP+0.0270%1h0.002838−0.193%$4K3xas long as short
GMX LINEA/USD [ETH-USDC]L +0.0448% / S −0.0181%1h0.002840−0.106%$32K100xas long as short