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: Backpack against Reya+0.080%7-day average — · you sell dearer than you buy

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

Long on Reya Short on Backpack

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

The price spread pays, funding is against you. Backpack is 0.080% dearer against Reya than usual: you sell high and buy low (spread +0.080% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 38 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya LINEARUSDPERP	0.002837	0.0270	pay 0.0034% / 1h	31m 02s	$4K	—	3x
Short	Backpack LINEA_USDC_PERP	0.002839	0.0100	get 0.0013% / 1h	31m 02s	$84K	$52K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against Reya. 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 ReyabpFee BackpackbpOrdersPrice spread, now +0.080%Rate

Funding earned: −$35.77
Price spread: +0.080% → 0.000%: $7.99
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$43.78
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; Backpack: 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 Reya no order-book sample	—	—	—	—	—
Sell Backpack no order-book sample	—	—	—	—	—

Reya and Backpack: 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	−0.953%	$734	$39K	5.5x	as long as short
Lighter LINEA	+0.0096%	1h	0.002840	+0.105%	$110K	$54K	3x	as long as short
Hyperliquid LINEA	+0.0100%	1h	0.002848	+0.387%	$2.7M	$254K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002839	+0.087%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002838	+0.034%	$4.1M	$3.6M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002835	−0.072%	$2.9M	$774K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002835	−0.072%	$1.2M	$949K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002841	+0.140%	$242K	$61K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002838	+0.034%	$3.9M	$1.1M	100x	as long as short
KuCoin LINEAUSDTM	+0.0100%	4h	0.002842	+0.175%	$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	+0.069%	$1.1M	$478K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002836	−0.036%	—	$2.6M	—	as long as short
Backpack LINEA_USDC_PERPshort	+0.0100%	1h	0.002839	+0.080%	$84K	$52K	10x
Variational Omni LINEA	+0.0100%	4h	0.002834	−0.118%	$113K	$59K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002840	+0.103%	$147K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002840	+0.105%	$2K	$19K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002900	+2.219%	$2K	$1.5M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002837	0.000%	$12K	$177K	10x	as long as short
BloFin LINEA-USDT	+0.0134%	4h	0.002838	+0.034%	$217K	$16K	50x	as long as short
Reya LINEARUSDPERPlong	+0.0270%	1h	0.002837	long leg	$4K	—	3x
GMX LINEA/USD [ETH-USDC]	L +0.0449% / S −0.0181%	1h	0.002840	+0.105%	$32K	—	100x	as long as short