LINEA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.034%

Price spread now: Backpack against Lighter−0.216%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 Backpack

What this pair did over the last

the charts below follow

Funding, last 7 days−0.333%−$33 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.216% cheaper against Lighter than usual: you would sell low and buy high, −$22 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter LINEA	0.002820	0.0096	pay 0.0012% / 1h	38m 04s	$110K	$49K	3x
Short	Backpack LINEA_USDC_PERP	0.002814	0.0100	get 0.0013% / 1h	38m 04s	$87K	$61K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 BackpackbpOrdersPrice spread, now −0.216%Rate

Funding earned: $0.84
Price spread: −0.216% → 0.000%: −$21.63
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$30.79
Costs to cover: 0.100%
Break-even: 263.6 days

Slippage unknown: Lighter: live order book, 46 min ago; 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 Lighter live order book, 46 min ago	29.99 bp	42.0 bp −$42	doesn't fit	doesn't fit	doesn't fit
Sell Backpack no order-book sample	—	—	—	—	—

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	−0.355%	$734	$39K	5.5x	as long as short
Lighter LINEAlong	+0.0096%	1h	0.002820	long leg	$110K	$49K	3x
BloFin LINEA-USDT	+0.0096%	4h	0.002817	−0.106%	$210K	$30K	50x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002816	−0.134%	$20K	$2K	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002814	−0.199%	$4.0M	$4.0M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002812	−0.284%	$2.8M	$868K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002812	−0.284%	$1.2M	$983K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002817	−0.106%	$228K	$84K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002814	−0.213%	$3.9M	$1.1M	100x	as long as short
KuCoin LINEAUSDTM	+0.0100%	4h	0.002818	−0.071%	$507K	$73K	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	0.002817	−0.106%	$1.0M	$450K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002813	−0.248%	—	$2.6M	—	as long as short
Backpack LINEA_USDC_PERPshort	+0.0100%	1h	0.002814	−0.216%	$87K	$61K	10x
Variational Omni LINEA	+0.0100%	4h	0.002820	+0.016%	$109K	$56K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002826	+0.225%	$146K	$2.2M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002820	0.000%	$2K	$20K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002870	+1.773%	$2K	$1.7M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002814	−0.221%	$10K	$218K	10x	as long as short
Reya LINEARUSDPERP	+0.0277%	1h	0.002814	−0.216%	$4K	—	3x	as long as short
Hyperliquid LINEA	+0.0299%	1h	0.002823	+0.106%	$2.7M	$316K	3x	as long as short
GMX LINEA/USD [ETH-USDC]	L +0.0448% / S −0.0179%	1h	0.002814	−0.213%	$32K	—	100x	as long as short