LINEA

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h −0.002%

Price spread now: Lighter against Extended+0.240%7-day average +0.125% · you sell dearer than you buy

Net, funding: paid 7d − costs−$124as in the Funding arb table

Net, price: spread back to 7d avg − costs−$108as in the Price arb table

costs, in and out, $10k−$1201.198% of the position

Long on Extended Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.037%−$4 on $10k

Price spread, last 4 days (all we have)−0.176%−$18 · spread now +0.240%, 7d avg +0.125%

Together, before fees−0.214%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board−$21 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.115% dearer against Extended than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.125%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended LINEA-USD	0.002808	0.0104	pay 0.0013% / 1h	33m 02s	$11K	$218K	10x
Short	Lighter LINEA	0.002815	0.0096	get 0.0012% / 1h	33m 02s	$110K	$45K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Extended. 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 ExtendedbpFee LighterbpOrdersPrice spread, now +0.240%Rate

Funding earned: −$1.68
Price spread: +0.240% → +0.125%: $11.48
Slippage, 4 orders: −$114.84
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Lighter: 0 bp × 2 orders: $0
Net: −$110.04
Costs to cover: 1.198%
Break-even: never at this rate

Slippage from Extended: live order book, 63 min ago; Lighter: live order book, 46 min ago.

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 Extended live order book, 63 min ago	5.34 bp	39.5 bp −$40	228.8 bp −$2,288	doesn't fit	doesn't fit
Sell Lighter live order book, 46 min ago	12.36 bp	16.6 bp −$17	doesn't fit	doesn't fit	doesn't fit

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	+0.062%	$734	$39K	5.5x	as long as short
Backpack LINEA_USDC_PERP	+0.0034%	1h	0.002810	+0.047%	$86K	$63K	10x	as long as short
BloFin LINEA-USDT	+0.0044%	4h	0.002816	+0.275%	$210K	$30K	50x	as long as short
Lighter LINEAshort	+0.0096%	1h	0.002815	+0.240%	$110K	$45K	3x
Aster LINEAUSDT	+0.0100%	4h	0.002811	+0.098%	$20K	$2K	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002809	+0.043%	$4.0M	$4.0M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002806	−0.081%	$2.8M	$874K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002807	−0.045%	$1.2M	$985K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002812	+0.133%	$227K	$78K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002809	+0.026%	$3.9M	$1.1M	100x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin LINEAUSDTM	+0.0100%	4h	0.002812	+0.133%	$500K	$74K	50x	as long as short
Bitget LINEAUSDT	+0.0100%	4h	0.002812	+0.133%	$1.0M	$450K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002809	+0.026%	—	$2.6M	—	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002809	+0.027%	$109K	$56K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002817	+0.308%	$145K	$2.2M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002810	+0.062%	$2K	$20K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002870	+2.198%	$2K	$1.7M	20x	as long as short
Extended LINEA-USDlong	+0.0104%	1h	0.002808	long leg	$11K	$218K	10x
Hyperliquid LINEA	+0.0228%	1h	0.002819	+0.382%	$2.7M	$309K	3x	as long as short
Reya LINEARUSDPERP	+0.0278%	1h	0.002811	+0.095%	$4K	—	3x	as long as short
GMX LINEA/USD [ETH-USDC]	L +0.0448% / S −0.0179%	1h	0.002809	+0.026%	$32K	—	100x	as long as short