LINEA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0348%/8h= −38.1% APRnext payment −$0.44 per $10,000 · paid last 24h −0.047%

Price spread now: Hyperliquid against GMX+0.247%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

The price spread pays, funding is against you. Hyperliquid is 0.247% dearer against GMX than usual: you sell high and buy low (spread +0.247% now, against zero (this spread has no 7-day history yet)): +$25 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 2.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX LINEA/USD [ETH-USDC]	0.002838	L +0.0448% / S −0.0181%	pay 0.0056% / 1h	35m 03s	$32K	—	100x
Short	Hyperliquid LINEA	0.002845	0.0100	get 0.0013% / 1h	35m 03s	$2.7M	$254K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against GMX. 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

Position, each leg$Hold fordaysFee GMXbpFee HyperliquidbpOrdersPrice spread, now +0.247%Rate

Funding earned: −$73.12
Price spread: +0.247% → 0.000%: $24.67
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$69.46
Costs to cover: 0.210%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; 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 GMX no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 6 min ago	1.75 bp	31.9 bp −$32	doesn't fit	doesn't fit	doesn't fit

GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Injective LINEA/USDC PERP	+0.0033%	1h	0.002810	−0.987%	$734	$39K	5.5x	as long as short
BloFin LINEA-USDT	+0.0073%	4h	0.002835	−0.106%	$217K	$16K	50x	as long as short
Lighter LINEA	+0.0096%	1h	0.002839	+0.035%	$109K	$54K	3x	as long as short
Hyperliquid LINEAshort	+0.0100%	1h	0.002845	+0.247%	$2.7M	$254K	3x
Aster LINEAUSDT	+0.0100%	4h	0.002838	+0.002%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002835	−0.097%	$4.1M	$3.6M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002833	−0.176%	$2.9M	$773K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002830	−0.282%	$1.2M	$952K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002839	+0.035%	$241K	$61K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002835	−0.106%	$3.9M	$1.1M	100x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin LINEAUSDTM	+0.0100%	4h	0.002842	+0.141%	$542K	$51K	50x	as long as short
Bitget LINEAUSDT	+0.0100%	4h	0.002839	+0.035%	$1.1M	$478K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002834	−0.141%	—	$2.6M	—	as long as short
Backpack LINEA_USDC_PERP	+0.0100%	1h	0.002838	−0.007%	$84K	$52K	10x	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002831	−0.241%	$113K	$59K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002837	−0.020%	$147K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002830	−0.282%	$2K	$19K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002890	+1.832%	$1K	$1.5M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002835	−0.121%	$12K	$177K	10x	as long as short
Reya LINEARUSDPERP	+0.0270%	1h	0.002836	−0.087%	$4K	—	3x	as long as short
GMX LINEA/USD [ETH-USDC]long	L +0.0448% / S −0.0181%	1h	0.002838	long leg	$32K	—	100x