LINEA Funding Rate — live across 8 venues

Compared across 8 supported venues · net of estimated fees · updated every few minutes

Live annualized LINEA perpetual funding across all 8 venues Perpia tracks. Right now LINEA funding is positive on 8 and negative on 0, ranging from +14.4% on BackPack to +6.4% on Gate.io — a spread of 8.1%. The widest delta-neutral trade is long Gate.io / short BackPack at 4.5% net APR.

venues

paying positive

8.1%

funding spread

Best LINEA spread now

4.5%

net APR after fees

Long Gate.io→Short BackPack

size depends on live venue depth — see the real cap in the scanner

LINEA funding trend & liquidity

168h of history

8.1%

current gross APR

10.9%

24h average

3.3%

7-day average

$130K

pair OI · lower leg

$25K

24h volume · lower leg

Averages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.

LINEA funding rate history

30d · 6h buckets · 12 venues

154%0-74.3%

6 Aug5 Sep

LINEA — average across 12 venuesAsterBackPackExtendedHyperliquid

Annualized funding, averaged into 6-hour buckets. The bold line is the mean across venues quoting in that bucket; the faint lines are individual venues. Mean over the window: +11.1%. A break in a line means no data was recorded for that stretch, not a zero rate.

LINEA funding rate by venue

8 pairs scanned

Venue	Funding APR	Interval
BackPack ↗	+14.4%	1h
MEXC ↗	+10.9%	4h
Variational ↗	+10.9%	4h
Binance ↗	+10.9%	4h
OKX ↗	+10.9%	4h
Bybit ↗	+10.9%	4h
Lighter ↗	+10.5%	8h
Gate.io ↗	+6.4%	4h

Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the Gate.io vs BackPack page.

LINEA arbitrage — 30-day backtest

long Gate.io · short BackPack

4.2%

backtested APR

+$34

historical net P&L on $10,000

0.15%

max drawdown

$10,000$10,034

30 days agostarting capital $10,000today

Over the last 30 days, holding long Gate.io / short BackPack would have produced 4.2% APR — versus the 4.5% the live spread implies right now (equity $10,000 → $10,034). This is a backtest on historical funding, not a live result: funding drifts and decays, so backtested results rarely match the current headline rate — which is why size and holding window matter more than the top-line number.

Open full interactive backtest →

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LINEA funding — FAQ

Is LINEA funding positive right now?

LINEA perpetual funding is positive on 8 of 8 venues Perpia tracks. The highest is +14.4% on BackPack; the lowest is +6.4% on Gate.io.

What is the best LINEA funding arbitrage right now?

Go long Gate.io and short BackPack for about 4.5% net APR after fees — the widest delta-neutral LINEA spread Perpia currently sees.

Which exchange has the highest LINEA funding rate?

BackPack, at +14.4% annualized. Funding shifts continuously, so check the live table above before trading.

How LINEA funding arbitrage works

Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.

Markets related to LINEA

Markets also quoted on both BackPack and Gate.io — the same two exchanges you would already have funded for the LINEA trade.

See every spread between them on the BackPack vs Gate.io page.

Open the live scanner →All funding rates Funding by exchange How we calculate this