LINEA

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0102%/8h= −11.2% APRnext payment −$0.13 per $10,000 · paid last 24h −0.069%

Price spread now: Backpack against Reya+0.069%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 0.069% dearer against Reya than usual: you sell high and buy low (spread +0.069% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya LINEARUSDPERP	0.002855	0.0271	pay 0.0034% / 1h	33m 15s	$4K	—	3x
Short	Backpack LINEA_USDC_PERP	0.002857	0.0169	get 0.0021% / 1h	33m 15s	$85K	$51K	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 +0.069%Rate

Funding earned: −$21.44
Price spread: +0.069% → 0.000%: $6.86
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$30.58
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
Bybit LINEAUSDT	−0.0385%	4h	0.002853	−0.068%	$2.9M	$784K	50x	as long as short
Injective LINEA/USDC PERP	+0.0033%	1h	0.002810	−1.574%	$734	$39K	5.5x	as long as short
Lighter LINEA	+0.0096%	1h	0.002859	+0.142%	$110K	$52K	3x	as long as short
Hyperliquid LINEA	+0.0100%	1h	0.002867	+0.422%	$2.7M	$255K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002857	+0.089%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002856	+0.037%	$4.1M	$3.6M	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002851	−0.138%	$1.2M	$931K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002860	+0.177%	$240K	$69K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002855	+0.002%	$3.9M	$1.1M	100x	as long as short
KuCoin LINEAUSDTM	+0.0100%	4h	0.002859	+0.142%	$561K	$58K	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	0.002856	+0.037%	$1.1M	$476K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002854	−0.033%	—	$2.7M	—	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002850	−0.171%	$115K	$62K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002858	+0.107%	$142K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002850	−0.173%	$2K	$19K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002920	+2.279%	$2K	$1.5M	20x	as long as short
BloFin LINEA-USDT	+0.0100%	4h	0.002853	−0.068%	$219K	$15K	50x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002855	−0.001%	$10K	$156K	10x	as long as short
Backpack LINEA_USDC_PERPshort	+0.0169%	1h	0.002857	+0.069%	$85K	$51K	10x
Reya LINEARUSDPERPlong	+0.0271%	1h	0.002855	long leg	$4K	—	3x
GMX LINEA/USD [ETH-USDC]	L +0.0450% / S −0.0181%	1h	0.002857	+0.072%	$32K	—	100x	as long as short