LINEA

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0463%/8h= +50.7% APRnext payment +$0.58 per $10,000 · paid last 24h +0.084%

Price spread now: Reya against Backpack−0.123%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 0.123% cheaper against Backpack than usual: you would sell low and buy high (spread −0.123% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 21 hours of funding at the current rate (+$14 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack LINEA_USDC_PERP	0.002813	−0.0187	get 0.0023% / 1h	31m 17s	$88K	$61K	10x
Short	Reya LINEARUSDPERP	0.002810	0.0276	get 0.0034% / 1h	31m 17s	$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 −0.123%Rate

Funding earned: $97.23
Price spread: −0.123% → 0.000%: −$12.29
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: $68.93
Costs to cover: 0.160%
Break-even: 2.0 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
Backpack LINEA_USDC_PERPlong	−0.0187%	1h	0.002813	long leg	$88K	$61K	10x
Injective LINEA/USDC PERP	+0.0033%	1h	0.002810	−0.121%	$734	$39K	5.5x	as long as short
Lighter LINEA	+0.0096%	1h	0.002817	+0.128%	$110K	$57K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002816	+0.084%	$20K	$2K	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002810	−0.112%	$4.0M	$4.2M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002808	−0.192%	$2.8M	$887K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002809	−0.156%	$1.2M	$987K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002816	+0.092%	$229K	$81K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002811	−0.085%	$3.9M	$1.1M	100x	as long as short
KuCoin LINEAUSDTM	+0.0100%	4h	0.002812	−0.050%	$526K	$78K	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	0.002815	+0.057%	$1.0M	$478K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002811	−0.085%	—	$2.6M	—	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002816	+0.095%	$109K	$55K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002816	+0.091%	$139K	$2.2M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002820	+0.235%	$2K	$20K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002870	+2.012%	$2K	$1.7M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002809	−0.147%	$12K	$109K	10x	as long as short
BloFin LINEA-USDT	+0.0127%	4h	0.002822	+0.306%	$215K	$29K	50x	as long as short
Hyperliquid LINEA	+0.0213%	1h	0.002820	+0.235%	$2.7M	$288K	3x	as long as short
Reya LINEARUSDPERPshort	+0.0276%	1h	0.002810	−0.123%	$4K	—	3x
GMX LINEA/USD [ETH-USDC]	L +0.0449% / S −0.0179%	1h	0.002812	−0.050%	$32K	—	100x	as long as short