Settings8H · net · $10k
Funding arb · Price arb /

LINEA

all LINEA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0485%/8h= +53.1% APRpaid last 24h +0.051%
Price spread now: Hyperliquid against Binance+0.298%7-day average +0.318% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.086%+$9 on $10k
Price spread, last 7 days+0.035%+$3 · spread now +0.298%, 7d avg +0.318%
Together, before fees+0.121%+ Points / potential airdropHyperliquid: Season 2 · farm board+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.318%, so right now this pair is about funding alone: +$15 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.086% in total (about 4.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance LINEAUSDT0.0028630.0100pay 0.0050% / 4h31m 41s$4.1M$3.9M50x
ShortHyperliquid LINEA0.0028720.0585get 0.0073% / 1h31m 41s$2.8M$281K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Binance. 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

Funding earned
$101.9
Price spread: +0.298% → +0.318%
−$1.98
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$80.92
Costs to cover
0.190%
Break-even
1.4 days
Slippage unknown: Binance: live order book, 5 min ago; Hyperliquid: live order book, 9 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 5 min ago1.76 bp17.1 bp −$1757.4 bp −$574doesn't fitdoesn't fit
Sell Hyperliquid live order book, 9 min ago3.49 bp32.9 bp −$33doesn't fitdoesn't fitdoesn't fit

LINEA on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective LINEA/USDC PERP+0.0033%1h0.002810−1.867%$734$39K5.5xas long as short
Lighter LINEA+0.0096%1h0.002869+0.193%$112K$56K3xas long as short
Aster LINEAUSDT+0.0100%4h0.002863−0.022%$20K$135xas long as short
Binance LINEAUSDTlong+0.0100%4h0.002863long leg$4.1M$3.9M50x
Bybit LINEAUSDT+0.0100%4h0.002860−0.121%$2.9M$839K50xas long as short
OKX LINEA-USDT-SWAP+0.0100%4h0.002859−0.156%$1.2M$969K50xas long as short
Gate LINEA_USDT+0.0100%4h0.002861−0.086%$236K$76K50xas long as short
MEXC LINEA_USDT+0.0100%4h0.002861−0.086%$3.9M$1.1M100xas long as short
KuCoin LINEAUSDTM+0.0100%4h0.002862−0.051%$570K$61K50xas long as short
Bitget LINEAUSDT+0.0100%4h0.002862−0.051%$1.1M$468K50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX LINEA-USDT+0.0100%4h0.002861−0.086%$2.6Mas long as short
Backpack LINEA_USDC_PERP+0.0100%1h0.002863−0.013%$90K$61K10xas long as short
Variational Omni LINEA+0.0100%4h0.002841−0.784%$109K$56Kas long as short
GRVT LINEA_USDT_Perp+0.0100%4h0.002855−0.297%$139K$2.3M10xas long as short
ApeX Omni LINEAUSDT+0.0100%1h0.002860−0.121%$2K$20K50xas long as short
SunX LINEA-USDT+0.0100%4h0.002920+1.975%$1K$1.6M20xas long as short
Extended LINEA-USD+0.0104%1h0.002861−0.095%$11K$164K10xas long as short
BloFin LINEA-USDT+0.0145%4h0.002854−0.330%$218K$30K50xas long as short
Reya LINEARUSDPERP+0.0274%1h0.002859−0.142%$4K3xas long as short
GMX LINEA/USD [ETH-USDC]L +0.0454% / S −0.0181%1h0.002862−0.051%$32K100xas long as short
Hyperliquid LINEAshort+0.0585%1h0.002872+0.298%$2.8M$281K3x