LINEA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h −0.003%

Price spread now: Lighter against Extended+0.125%7-day average +0.100% · you sell dearer than you buy

Net, funding: paid 7d − costs−$184as in the Funding arb table

Net, price: spread back to 7d avg − costs−$178as in the Price arb table

costs, in and out, $10k−$1801.799% of the position

Long on Extended Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.036%−$4 on $10k

Price spread, last 4 days (all we have)−0.030%−$3 · spread now +0.125%, 7d avg +0.100%

Together, before fees−0.067%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board−$7 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: Lighter is 0.024% dearer against Extended than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.100%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended LINEA-USD	0.002853	0.0104	pay 0.0013% / 1h	5m 25s	$12K	$177K	10x
Short	Lighter LINEA	0.002857	0.0096	get 0.0012% / 1h	5m 25s	$110K	$54K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Extended. 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 ExtendedbpFee LighterbpOrdersPrice spread, now +0.125%Rate

Funding earned: −$1.68
Price spread: +0.125% → +0.100%: $2.42
Slippage, 4 orders: −$174.92
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Lighter: 0 bp × 2 orders: $0
Net: −$179.18
Costs to cover: 1.799%
Break-even: never at this rate

Slippage from Extended: live order book, 6 min ago; Lighter: live order book, 54 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 Extended live order book, 6 min ago	8.78 bp	42.1 bp −$42	195.1 bp −$1,951	doesn't fit	doesn't fit
Sell Lighter live order book, 54 min ago	34.99 bp	42.1 bp −$42	doesn't fit	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	−1.522%	$734	$39K	5.5x	as long as short
BloFin LINEA-USDT	+0.0043%	4h	0.002853	−0.016%	$217K	$16K	50x	as long as short
Lighter LINEAshort	+0.0096%	1h	0.002857	+0.125%	$110K	$54K	3x
Hyperliquid LINEA	+0.0100%	1h	0.002865	+0.405%	$2.7M	$255K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002855	+0.069%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002855	+0.055%	$4.1M	$3.6M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002849	−0.156%	$2.9M	$782K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002850	−0.121%	$1.2M	$946K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002855	+0.055%	$243K	$62K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002854	+0.020%	$3.9M	$1.1M	100x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin LINEAUSDTM	+0.0100%	4h	0.002856	+0.090%	$538K	$52K	50x	as long as short
Bitget LINEAUSDT	+0.0100%	4h	0.002855	+0.055%	$1.1M	$479K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002851	−0.086%	—	$2.6M	—	as long as short
Backpack LINEA_USDC_PERP	+0.0100%	1h	0.002854	+0.027%	$85K	$52K	10x	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002846	−0.274%	$114K	$62K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002856	+0.082%	$148K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002850	−0.121%	$2K	$19K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002910	+1.982%	$1K	$1.5M	20x	as long as short
Extended LINEA-USDlong	+0.0104%	1h	0.002853	long leg	$12K	$177K	10x
Reya LINEARUSDPERP	+0.0271%	1h	0.002854	+0.019%	$4K	—	3x	as long as short
GMX LINEA/USD [ETH-USDC]	L +0.0450% / S −0.0181%	1h	0.002853	−0.016%	$32K	—	100x	as long as short