LINEA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0170%/8h= +18.7% APRnext payment +$0.21 per $10,000 · paid last 24h +0.071%

Price spread now: Reya against Backpack−0.080%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Backpack Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.080% cheaper against Backpack than usual: you would sell low and buy high (spread −0.080% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 37 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack LINEA_USDC_PERP	0.002839	0.0100	pay 0.0013% / 1h	31m 10s	$84K	$52K	10x
Short	Reya LINEARUSDPERP	0.002837	0.0270	get 0.0034% / 1h	31m 10s	$4K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Backpack. 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

Position, each leg$Hold fordaysFee BackpackbpFee ReyabpOrdersPrice spread, now −0.080%Rate

Funding earned: $35.77
Price spread: −0.080% → 0.000%: −$7.98
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: $11.79
Costs to cover: 0.160%
Break-even: 4.7 days

Slippage unknown: Backpack: no order-book sample; Reya: no order-book sample. Net counts fees only.

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 Backpack no order-book sample	—	—	—	—	—
Sell Reya no order-book sample	—	—	—	—	—

Backpack and Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−1.032%	$734	$39K	5.5x	as long as short
Lighter LINEA	+0.0096%	1h	0.002840	+0.025%	$110K	$54K	3x	as long as short
Hyperliquid LINEA	+0.0100%	1h	0.002848	+0.306%	$2.7M	$254K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002839	+0.005%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002838	−0.046%	$4.1M	$3.6M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002835	−0.151%	$2.9M	$774K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002835	−0.151%	$1.2M	$949K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002841	+0.060%	$242K	$61K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002837	−0.081%	$3.9M	$1.1M	100x	as long as short
KuCoin LINEAUSDTM	+0.0100%	4h	0.002842	+0.095%	$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	0.002839	−0.011%	$1.1M	$478K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002838	−0.046%	—	$2.6M	—	as long as short
Backpack LINEA_USDC_PERPlong	+0.0100%	1h	0.002839	long leg	$84K	$52K	10x
Variational Omni LINEA	+0.0100%	4h	0.002834	−0.198%	$113K	$59K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002840	+0.023%	$147K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002840	+0.025%	$2K	$19K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002900	+2.138%	$2K	$1.5M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002837	−0.098%	$12K	$177K	10x	as long as short
BloFin LINEA-USDT	+0.0134%	4h	0.002838	−0.046%	$217K	$16K	50x	as long as short
Reya LINEARUSDPERPshort	+0.0270%	1h	0.002837	−0.080%	$4K	—	3x
GMX LINEA/USD [ETH-USDC]	L +0.0449% / S −0.0181%	1h	0.002840	+0.025%	$32K	—	100x	as long as short