LINEA arbitrage explained
Right now Linea (LINEA) trades on 10 venues we scan: 10 perpetual markets, 7 spot markets and 0 DEX pools. The lowest ask is on OKX perp at $0.002711 and the highest bid on Bybit spot at $0.002717.
The widest LINEA perpetual spread is between OKX and Hyperliquid: long LINEA on OKX at $0.002711 and short on Hyperliquid at $0.002716 for +0.18% gross, or +0.02% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is +0.021% per day, which the position collects while it is open.
For a spot–perpetual (cash-and-carry) trade, the best LINEA route is to buy spot on Bybit and short the perpetual on Hyperliquid: -0.07% gross, -0.27% net, with +0.030% a day of funding on the short leg.
Spot–spot LINEA arbitrage (buy on Bybit, withdraw, deposit and sell on Binance) shows -0.04% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.
Small LINEA gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.
Related: LINEA funding rates · LINEA spread charts · Linea price · arbitrage scanner for all coins.