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
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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit LINEAUSDT | 0.002832 | −0.0052 | get 0.0026% / 4h | 3h 05m | $2.8M | $1.1M | 50x |
| Short | Hyperliquid LINEA | 0.002844 | 0.0100 | get 0.0013% / 1h | 5m 14s | $2.7M | $308K | 3x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 2 min ago | 3.52 bp | 17.0 bp −$17 | 215.1 bp −$2,151 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 3.51 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
LINEA on 21 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LINEAUSDTlong | −0.0052% | 4h | 0.002832 | long leg | $2.8M | $1.1M | 50x | |
| Injective LINEA/USDC PERP | +0.0033% | 1h | 0.002810 | −0.777% | $734 | $39K | 5.5x | as long as short |
| Lighter LINEA | +0.0096% | 1h | 0.002845 | +0.459% | $111K | $48K | 3x | as long as short |
| Hyperliquid LINEAshort | +0.0100% | 1h | 0.002844 | +0.424% | $2.7M | $308K | 3x | |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002837 | +0.160% | $20K | $2K | 5x | as long as short |
| Binance LINEAUSDT | +0.0100% | 4h | 0.002836 | +0.138% | $4.0M | $4.0M | 50x | as long as short |
| OKX LINEA-USDT-SWAP | +0.0100% | 4h | 0.002831 | −0.035% | $1.2M | $1.0M | 50x | as long as short |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002835 | +0.106% | $230K | $81K | 50x | as long as short |
| MEXC LINEA_USDT | +0.0100% | 4h | 0.002836 | +0.141% | $4.0M | $1.1M | 100x | as long as short |
| KuCoin LINEAUSDTM | +0.0100% | 4h | 0.002834 | +0.071% | $504K | $73K | 50x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget LINEAUSDT | +0.0100% | 4h | 0.002839 | +0.247% | $1.1M | $433K | 50x | as long as short |
| BingX LINEA-USDT | +0.0100% | 4h | 0.002836 | +0.141% | — | $2.5M | — | as long as short |
| Backpack LINEA_USDC_PERP | +0.0100% | 1h | 0.002837 | +0.173% | $89K | $61K | 10x | as long as short |
| Variational Omni LINEA | +0.0100% | 4h | 0.002819 | −0.458% | $109K | $49K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002847 | +0.530% | $146K | $2.2M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002840 | +0.282% | $2K | $20K | 50x | as long as short |
| SunX LINEA-USDT | +0.0100% | 4h | 0.002890 | +2.048% | $2K | $1.7M | 20x | as long as short |
| BloFin LINEA-USDT | +0.0103% | 4h | 0.002837 | +0.177% | $210K | $30K | 50x | as long as short |
| Extended LINEA-USD | +0.0104% | 1h | 0.002835 | +0.097% | $9K | $218K | 10x | as long as short |
| Reya LINEARUSDPERP | +0.0279% | 1h | 0.002835 | +0.103% | $4K | — | 3x | as long as short |
| GMX LINEA/USD [ETH-USDC] | L +0.0447% / S −0.0179% | 1h | 0.002829 | −0.106% | $32K | — | 100x | as long as short |
Bybit LINEAUSDT
Hyperliquid LINEA
Injective LINEA/USDC PERP
Lighter LINEA
Aster LINEAUSDT
Binance LINEAUSDT
OKX LINEA-USDT-SWAP
Gate LINEA_USDT
MEXC LINEA_USDT
KuCoin LINEAUSDTM
Bitget LINEAUSDT
BingX LINEA-USDT
Backpack LINEA_USDC_PERP
Variational Omni LINEA
GRVT LINEA_USDT_Perp
ApeX Omni LINEAUSDT
SunX LINEA-USDT
BloFin LINEA-USDT
Extended LINEA-USD
GMX LINEA/USD [ETH-USDC]