LINEA

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.05 per $10,000 · paid last 24h 0.000%

Price spread now: Hyperliquid against Reya+0.372%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 Hyperliquid

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 · Hyperliquid: Season 2 · farm boardneeds both histories

The price spread pays, funding is against you. Hyperliquid is 0.372% dearer against Reya than usual: you sell high and buy low (spread +0.372% now, against zero (this spread has no 7-day history yet)): +$37 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 31 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya LINEARUSDPERP	0.002851	0.0272	pay 0.0034% / 1h	8m 21s	$4K	—	3x
Short	Hyperliquid LINEA	0.002862	0.0233	get 0.0029% / 1h	8m 21s	$2.7M	$255K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid 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 HyperliquidbpOrdersPrice spread, now +0.372%Rate

Funding earned: −$8.35
Price spread: +0.372% → 0.000%: $37.21
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $13.85
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Reya: no order-book sample; Hyperliquid: live order book, 3 min ago. 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 Hyperliquid live order book, 3 min ago	1.75 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

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 20 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	−1.452%	$734	$39K	5.5x	as long as short
Lighter LINEA	+0.0096%	1h	0.002857	+0.197%	$113K	$56K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002849	−0.073%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002852	+0.035%	$4.1M	$3.7M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002844	−0.259%	$2.9M	$798K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002847	−0.154%	$1.2M	$928K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002850	−0.049%	$239K	$74K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002853	+0.056%	$3.9M	$1.1M	100x	as long as short
KuCoin LINEAUSDTM	+0.0100%	4h	0.002854	+0.092%	$569K	$61K	50x	as long as short
Bitget LINEAUSDT	+0.0100%	4h	0.002853	+0.056%	$1.1M	$476K	50x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX LINEA-USDT	+0.0100%	4h	0.002851	−0.014%	—	$2.7M	—	as long as short
Backpack LINEA_USDC_PERP	+0.0100%	1h	0.002846	−0.200%	$89K	$61K	10x	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002849	−0.101%	$112K	$56K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002855	+0.127%	$148K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002850	−0.049%	$2K	$19K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002910	+2.055%	$1K	$1.5M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002848	−0.109%	$13K	$158K	10x	as long as short
Hyperliquid LINEAshort	+0.0233%	1h	0.002862	+0.372%	$2.7M	$255K	3x
Reya LINEARUSDPERPlong	+0.0272%	1h	0.002851	long leg	$4K	—	3x
GMX LINEA/USD [ETH-USDC]	L +0.0453% / S −0.0181%	1h	0.002853	+0.056%	$32K	—	100x	as long as short