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

LINEA

all LINEA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.003%
Price spread now: OKX against Lighter−0.212%7-day average −0.130% · you buy dearer than you sell
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1001.000% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.021%+$2 on $10k
Price spread, last 4 days (all we have)+0.200%+$20 · spread now −0.212%, 7d avg −0.130%
Together, before fees+0.221%+ Points / potential airdropLighter: Season 3 · farm board+$22 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: OKX is 0.082% cheaper against Lighter than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.130%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter LINEA0.0028280.0096pay 0.0012% / 1h48m 53s$109K$55K3x
ShortOKX LINEA-USDT-SWAP0.0028220.0100get 0.0050% / 4h1h 48m$1.2M$924K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.212% → −0.130%
−$8.21
Slippage, 4 orders
−$90.04
Fee Lighter: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
−$107.41
Costs to cover
1.000%
Break-even
902.1 days
Slippage from Lighter: live order book, 24 min ago; OKX: live order book, 3 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, 24 min ago12.36 bp22.0 bp −$22doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 3 min ago1.77 bp30.3 bp −$30130.4 bp −$1,304doesn'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
Bybit LINEAUSDT−0.0062%4h0.002823−0.177%$2.8M$789K50xas long as short
Injective LINEA/USDC PERP+0.0033%1h0.002810−0.636%$734$39K5.5xas long as short
Lighter LINEAlong+0.0096%1h0.002828long leg$109K$55K3x
Aster LINEAUSDT+0.0100%4h0.002827−0.047%$20K$135xas long as short
Binance LINEAUSDT+0.0100%4h0.002825−0.106%$4.0M$3.6M50xas long as short
OKX LINEA-USDT-SWAPshort+0.0100%4h0.002822−0.212%$1.2M$924K50x
Gate LINEA_USDT+0.0100%4h0.002829+0.035%$241K$61K50xas long as short
MEXC LINEA_USDT+0.0100%4h0.002824−0.141%$3.9M$1.1M100xas long as short
KuCoin LINEAUSDTM+0.0100%4h0.002827−0.035%$540K$50K50xas long as short
Bitget LINEAUSDT+0.0100%4h0.002829+0.035%$1.1M$480K50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX LINEA-USDT+0.0100%4h0.002826−0.071%$2.6Mas long as short
Variational Omni LINEA+0.0100%4h0.002826−0.079%$113K$59Kas long as short
GRVT LINEA_USDT_Perp+0.0100%4h0.002830+0.071%$144K$2.3M10xas long as short
ApeX Omni LINEAUSDT+0.0100%1h0.002830+0.071%$2K$19K50xas long as short
SunX LINEA-USDT+0.0100%4h0.002880+1.839%$2K$1.4M20xas long as short
Hyperliquid LINEA+0.0103%1h0.002835+0.248%$2.7M$253K3xas long as short
Extended LINEA-USD+0.0104%1h0.002824−0.139%$12K$177K10xas long as short
BloFin LINEA-USDT+0.0157%4h0.002822−0.212%$216K$16K50xas long as short
Reya LINEARUSDPERP+0.0269%1h0.002824−0.153%$4K3xas long as short
Backpack LINEA_USDC_PERP+0.0416%1h0.002826−0.067%$84K$51K10xas long as short
GMX LINEA/USD [ETH-USDC]L +0.0447% / S −0.0181%1h0.002826−0.071%$32K100xas long as short