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

LINEA

all LINEA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0152%/8h= +16.7% APRpaid last 24h +0.079%
Price spread now: Hyperliquid against Bybit+0.424%7-day average +0.385% · 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+0.119%+$12 on $10k
Price spread, last 7 days−0.082%−$8 · spread now +0.424%, 7d avg +0.385%
Together, before fees+0.037%+ Points / potential airdropHyperliquid: Season 2 · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Hyperliquid is 0.039% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.385%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit LINEAUSDT0.002832−0.0052get 0.0026% / 4h3h 05m$2.8M$1.1M50x
ShortHyperliquid LINEA0.0028440.0100get 0.0013% / 1h5m 14s$2.7M$308K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Bybit. 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
$32.01
Price spread: +0.424% → +0.385%
$3.87
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$15.89
Costs to cover
0.200%
Break-even
3.5 days
Slippage unknown: Bybit: live order book, 2 min ago; Hyperliquid: live order book, 6 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 Bybit live order book, 2 min ago3.52 bp17.0 bp −$17215.1 bp −$2,151doesn't fitdoesn't fit
Sell Hyperliquid live order book, 6 min ago3.51 bpdoesn't fitdoesn'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 LINEAUSDTlong−0.0052%4h0.002832long leg$2.8M$1.1M50x
Injective LINEA/USDC PERP+0.0033%1h0.002810−0.777%$734$39K5.5xas long as short
Lighter LINEA+0.0096%1h0.002845+0.459%$111K$48K3xas long as short
Hyperliquid LINEAshort+0.0100%1h0.002844+0.424%$2.7M$308K3x
Aster LINEAUSDT+0.0100%4h0.002837+0.160%$20K$2K5xas long as short
Binance LINEAUSDT+0.0100%4h0.002836+0.138%$4.0M$4.0M50xas long as short
OKX LINEA-USDT-SWAP+0.0100%4h0.002831−0.035%$1.2M$1.0M50xas long as short
Gate LINEA_USDT+0.0100%4h0.002835+0.106%$230K$81K50xas long as short
MEXC LINEA_USDT+0.0100%4h0.002836+0.141%$4.0M$1.1M100xas long as short
KuCoin LINEAUSDTM+0.0100%4h0.002834+0.071%$504K$73K50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget LINEAUSDT+0.0100%4h0.002839+0.247%$1.1M$433K50xas long as short
BingX LINEA-USDT+0.0100%4h0.002836+0.141%$2.5Mas long as short
Backpack LINEA_USDC_PERP+0.0100%1h0.002837+0.173%$89K$61K10xas long as short
Variational Omni LINEA+0.0100%4h0.002819−0.458%$109K$49Kas long as short
GRVT LINEA_USDT_Perp+0.0100%4h0.002847+0.530%$146K$2.2M10xas long as short
ApeX Omni LINEAUSDT+0.0100%1h0.002840+0.282%$2K$20K50xas long as short
SunX LINEA-USDT+0.0100%4h0.002890+2.048%$2K$1.7M20xas long as short
BloFin LINEA-USDT+0.0103%4h0.002837+0.177%$210K$30K50xas long as short
Extended LINEA-USD+0.0104%1h0.002835+0.097%$9K$218K10xas long as short
Reya LINEARUSDPERP+0.0279%1h0.002835+0.103%$4K3xas long as short
GMX LINEA/USD [ETH-USDC]L +0.0447% / S −0.0179%1h0.002829−0.106%$32K100xas long as short