LINEA

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0177%/8h= −19.4% APRnext payment −$0.22 per $10,000 · paid last 24h −0.050%

Price spread now: Lighter against Reya+0.547%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 Lighter

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 · Lighter: Season 3 · farm boardneeds both histories

The price spread pays, funding is against you. Lighter is 0.547% dearer against Reya than usual: you sell high and buy low (spread +0.547% now, against zero (this spread has no 7-day history yet)): +$55 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 10 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya LINEARUSDPERP	0.002862	0.0273	pay 0.0034% / 1h	27m 25s	$4K	—	3x
Short	Lighter LINEA	0.002878	0.0096	get 0.0012% / 1h	27m 25s	$114K	$56K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now +0.547%Rate

Funding earned: −$37.17
Price spread: +0.547% → 0.000%: $54.71
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Lighter: 0 bp × 2 orders: $0
Net: $11.54
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Reya: no order-book sample; Lighter: live order book, 17 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 Lighter live order book, 17 min ago	38.38 bp	41.3 bp −$41	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 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	−1.829%	$734	$39K	5.5x	as long as short
Lighter LINEAshort	+0.0096%	1h	0.002878	+0.547%	$114K	$56K	3x
Aster LINEAUSDT	+0.0100%	4h	0.002868	+0.184%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002863	+0.013%	$4.1M	$3.7M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002861	−0.047%	$2.9M	$829K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002860	−0.082%	$1.2M	$942K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002868	+0.198%	$236K	$76K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002865	+0.093%	$3.9M	$1.0M	100x	as long as short
KuCoin LINEAUSDTM	+0.0100%	4h	0.002868	+0.198%	$572K	$61K	50x	as long as short
Bitget LINEAUSDT	+0.0100%	4h	0.002865	+0.093%	$1.1M	$472K	50x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX LINEA-USDT	+0.0100%	4h	0.002863	+0.023%	—	$2.6M	—	as long as short
Backpack LINEA_USDC_PERP	+0.0100%	1h	0.002867	+0.152%	$90K	$61K	10x	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002868	+0.195%	$110K	$56K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002868	+0.198%	$148K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002870	+0.268%	$2K	$20K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002920	+2.014%	$1K	$1.5M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002864	+0.049%	$10K	$161K	10x	as long as short
BloFin LINEA-USDT	+0.0127%	4h	0.002874	+0.407%	$219K	$30K	50x	as long as short
Hyperliquid LINEA	+0.0137%	1h	0.002875	+0.442%	$2.7M	$255K	3x	as long as short
Reya LINEARUSDPERPlong	+0.0273%	1h	0.002862	long leg	$4K	—	3x
GMX LINEA/USD [ETH-USDC]	L +0.0454% / S −0.0181%	1h	0.002865	+0.093%	$32K	—	100x	as long as short