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

LINEA

all LINEA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0057%/8h= −6.3% APRpaid last 24h +0.042%
Price spread now: Hyperliquid against BloFin+0.566%87s7-day average +0.324% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$900.897% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.089%+$9 on $10k
Price spread, last 3 days (all we have)−0.372%−$37 · spread now +0.566%, 7d avg +0.324%
Together, before fees−0.283%+ Points / potential airdropHyperliquid: Season 2 · farm board−$28 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Hyperliquid is 0.242% dearer against BloFin than usual: you sell high and buy low (spread +0.566% now, against its 7-day average of +0.324%): +$24 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 14 days. Mind the row above: over the last 7 days funding on this pair paid +0.089%, so the current rate has only just turned against you. The two prices were read 87 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin LINEA-USDT0.0028250.0157pay 0.0079% / 4h1h 51m$217K$16K50x
ShortHyperliquid LINEA0.0028410.0100get 0.0013% / 1h51m 40s$2.7M$253K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against BloFin. 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
−$12.03
Price spread: +0.566% → +0.324%
$24.2
Slippage, 4 orders
−$68.68
Fee BloFin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$77.51
Costs to cover
0.897%
Break-even
never at this rate
Slippage from BloFin: live order book, 24 min ago; Hyperliquid: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 24 min ago5.30 bp21.8 bp −$2241.2 bp −$412doesn't fitdoesn't fit
Sell Hyperliquid live order book, 9 min ago3.54 bp30.7 bp −$31doesn'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
Bybit LINEAUSDT−0.0051%4h0.0028250.000%$2.8M$790K50xas long as short
Injective LINEA/USDC PERP+0.0033%1h0.002810−0.531%$734$39K5.5xas long as short
Lighter LINEA+0.0096%1h0.002832+0.248%$109K$55K3xas long as short
Hyperliquid LINEAshort+0.0100%1h0.002841+0.566%$2.7M$253K3x
Aster LINEAUSDT+0.0100%4h0.002832+0.231%$20K$135xas long as short
Binance LINEAUSDT+0.0100%4h0.002830+0.184%$4.0M$3.6M50xas long as short
OKX LINEA-USDT-SWAP+0.0100%4h0.002823−0.071%$1.2M$924K50xas long as short
Gate LINEA_USDT+0.0100%4h0.002830+0.177%$241K$61K50xas long as short
MEXC LINEA_USDT+0.0100%4h0.002831+0.212%$3.9M$1.1M100xas long as short
KuCoin LINEAUSDTM+0.0100%4h0.002830+0.177%$541K$50K50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget LINEAUSDT+0.0100%4h0.002831+0.212%$1.1M$480K50xas long as short
BingX LINEA-USDT+0.0100%4h0.002828+0.106%$2.6Mas long as short
Variational Omni LINEA+0.0100%4h0.002824−0.026%$112K$59Kas long as short
GRVT LINEA_USDT_Perp+0.0100%4h0.002827+0.065%$146K$2.3M10xas long as short
ApeX Omni LINEAUSDT+0.0100%1h0.002830+0.177%$2K$19K50xas long as short
SunX LINEA-USDT+0.0100%4h0.002890+2.301%$2K$1.4M20xas long as short
Extended LINEA-USD+0.0104%1h0.002829+0.144%$12K$177K10xas long as short
BloFin LINEA-USDTlong+0.0157%4h0.002825long leg$217K$16K50x
Reya LINEARUSDPERP+0.0269%1h0.002828+0.113%$4K3xas long as short
Backpack LINEA_USDC_PERP+0.0397%1h0.002831+0.198%$85K$51K10xas long as short
GMX LINEA/USD [ETH-USDC]L +0.0448% / S −0.0181%1h0.002831+0.212%$32K100xas long as short