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

LINEA

all LINEA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0167%/8h= −18.3% APRpaid last 24h −0.047%
Price spread now: BingX against Hyperliquid−0.492%7-day average −0.339% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1061.060% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.051%−$5 on $10k
Price spread, last 7 days+0.182%+$18 · spread now −0.492%, 7d avg −0.339%
Together, before fees+0.130%+ Points / potential airdropHyperliquid: Season 2 · farm board+$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and BingX is 0.152% cheaper against Hyperliquid than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.339%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid LINEA0.0028480.0267pay 0.0033% / 1h57m 09s$2.7M$255K3x
ShortBingX LINEA-USDT0.0028340.0100get 0.0050% / 4h2h 57m$2.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Hyperliquid. 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
−$35.01
Price spread: −0.492% → −0.339%
−$15.24
Slippage, 4 orders
−$86.99
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BingX: 5 bp × 2 orders
−$10
Net
−$156.24
Costs to cover
1.060%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 4 min ago; BingX: live order book, 7 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 Hyperliquid live order book, 4 min ago1.75 bp34.4 bp −$34doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 7 min ago5.25 bp22.2 bp −$2251.7 bp −$517433.9 bp −$43.4K976.2 bp −$488.1K

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
Backpack LINEA_USDC_PERP−0.0431%1h0.002840−0.288%$85K$55K10xas long as short
Injective LINEA/USDC PERP+0.0033%1h0.002810−1.334%$734$39K5.5xas long as short
Lighter LINEA+0.0096%1h0.002850+0.070%$110K$52K3xas long as short
Aster LINEAUSDT+0.0100%4h0.002841−0.230%$20K$135xas long as short
Binance LINEAUSDT+0.0100%4h0.002840−0.281%$4.1M$3.7M50xas long as short
Bybit LINEAUSDT+0.0100%4h0.002834−0.492%$2.9M$788K50xas long as short
OKX LINEA-USDT-SWAP+0.0100%4h0.002832−0.562%$1.2M$937K50xas long as short
Gate LINEA_USDT+0.0100%4h0.002842−0.211%$238K$70K50xas long as short
MEXC LINEA_USDT+0.0100%4h0.002839−0.316%$3.9M$1.1M100xas long as short
KuCoin LINEAUSDTM+0.0100%4h0.002842−0.211%$566K$60K50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget LINEAUSDT+0.0100%4h0.002838−0.351%$1.1M$479K50xas long as short
BingX LINEA-USDTshort+0.0100%4h0.002834−0.492%$2.6M
Variational Omni LINEA+0.0100%4h0.002844−0.140%$112K$62Kas long as short
GRVT LINEA_USDT_Perp+0.0100%4h0.002849+0.035%$143K$2.3M10xas long as short
ApeX Omni LINEAUSDT+0.0100%1h0.002850+0.070%$2K$19K50xas long as short
SunX LINEA-USDT+0.0100%4h0.002900+1.826%$2K$1.5M20xas long as short
BloFin LINEA-USDT+0.0103%4h0.002839−0.316%$217K$15K50xas long as short
Extended LINEA-USD+0.0104%1h0.002839−0.305%$9K$155K10xas long as short
Hyperliquid LINEAlong+0.0267%1h0.002848long leg$2.7M$255K3x
Reya LINEARUSDPERP+0.0272%1h0.002839−0.319%$4K3xas long as short
GMX LINEA/USD [ETH-USDC]L +0.0451% / S −0.0181%1h0.002840−0.281%$32K100xas long as short