LINEA

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0177%/8h= +19.4% APRnext payment +$0.22 per $10,000 · paid last 24h +0.050%

Price spread now: Reya against Lighter−0.352%7-day average — · you buy dearer than you sell

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

Long on Lighter 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 airdropLighter: Season 3 · Reya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.352% cheaper against Lighter than usual: you would sell low and buy high (spread −0.352% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$35 on $10k: about 6.6 days of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter LINEA	0.002871	0.0096	pay 0.0012% / 1h	35m 30s	$114K	$56K	3x
Short	Reya LINEARUSDPERP	0.002861	0.0273	get 0.0034% / 1h	35m 30s	$4K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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

Position, each leg$Hold fordaysFee LighterbpFee ReyabpOrdersPrice spread, now −0.352%Rate

Funding earned: $37.14
Price spread: −0.352% → 0.000%: −$35.24
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Reya: 3 bp × 2 orders: −$6
Net: −$4.09
Costs to cover: 0.060%
Break-even: 7.8 days

Slippage unknown: Lighter: live order book, 9 min ago; 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 Lighter live order book, 9 min ago	38.38 bp	58.4 bp −$58	doesn't fit	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

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	−2.125%	$734	$39K	5.5x	as long as short
Lighter LINEAlong	+0.0096%	1h	0.002871	long leg	$114K	$56K	3x
Aster LINEAUSDT	+0.0100%	4h	0.002861	−0.353%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002860	−0.374%	$4.1M	$3.7M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002857	−0.488%	$2.9M	$804K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002857	−0.488%	$1.2M	$935K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002861	−0.348%	$235K	$76K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002861	−0.348%	$3.9M	$1.0M	100x	as long as short
KuCoin LINEAUSDTM	+0.0100%	4h	0.002863	−0.279%	$571K	$61K	50x	as long as short
Bitget LINEAUSDT	+0.0100%	4h	0.002861	−0.348%	$1.1M	$471K	50x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX LINEA-USDT	+0.0100%	4h	0.002858	−0.453%	—	$2.6M	—	as long as short
Backpack LINEA_USDC_PERP	+0.0100%	1h	0.002863	−0.286%	$90K	$61K	10x	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002857	−0.490%	$110K	$56K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002858	−0.452%	$148K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002850	−0.731%	$2K	$19K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002920	+1.707%	$1K	$1.5M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002859	−0.411%	$10K	$161K	10x	as long as short
BloFin LINEA-USDT	+0.0124%	4h	0.002854	−0.592%	$219K	$30K	50x	as long as short
Hyperliquid LINEA	+0.0131%	1h	0.002869	−0.070%	$2.7M	$255K	3x	as long as short
Reya LINEARUSDPERPshort	+0.0273%	1h	0.002861	−0.352%	$4K	—	3x
GMX LINEA/USD [ETH-USDC]	L +0.0454% / S −0.0181%	1h	0.002859	−0.418%	$32K	—	100x	as long as short