LINEA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0081%/8h= +8.9% APRnext payment +$0.10 per $10,000 · paid last 24h −0.027%

Price spread now: GMX against Hyperliquid−0.280%7-day average — · you buy dearer than you sell

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

Long on Hyperliquid Short on GMX

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

Funding pays, the price is against you. GMX is 0.280% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.280% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$28 on $10k: about 11 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid LINEA	0.002860	0.0100	pay 0.0013% / 1h	10m 48s	$2.7M	$255K	3x
Short	GMX LINEA/USD [ETH-USDC]	0.002852	L +0.0450% / S −0.0181%	get 0.0023% / 1h	10m 48s	$32K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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

Position, each leg$Hold fordaysFee HyperliquidbpFee GMXbpOrdersPrice spread, now −0.280%Rate

Funding earned: $17.05
Price spread: −0.280% → 0.000%: −$27.97
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee GMX: 6 bp × 2 orders: −$12
Net: −$31.92
Costs to cover: 0.210%
Break-even: 20.1 days

Slippage unknown: Hyperliquid: live order book, 10 min ago; GMX: no order-book sample. 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 Hyperliquid live order book, 10 min ago	1.75 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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	−1.748%	$734	$39K	5.5x	as long as short
Lighter LINEA	+0.0096%	1h	0.002854	−0.210%	$110K	$54K	3x	as long as short
BloFin LINEA-USDT	+0.0099%	4h	0.002847	−0.455%	$217K	$16K	50x	as long as short
Hyperliquid LINEAlong	+0.0100%	1h	0.002860	long leg	$2.7M	$255K	3x
Aster LINEAUSDT	+0.0100%	4h	0.002853	−0.249%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002852	−0.280%	$4.1M	$3.6M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002847	−0.455%	$2.9M	$782K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002844	−0.559%	$1.2M	$939K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002854	−0.210%	$243K	$62K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002852	−0.280%	$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	0.002854	−0.210%	$538K	$52K	50x	as long as short
Bitget LINEAUSDT	+0.0100%	4h	0.002853	−0.245%	$1.1M	$479K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002849	−0.385%	—	$2.6M	—	as long as short
Backpack LINEA_USDC_PERP	+0.0100%	1h	0.002853	−0.259%	$85K	$52K	10x	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002845	−0.521%	$115K	$61K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002851	−0.315%	$148K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002840	−0.699%	$2K	$19K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002910	+1.748%	$2K	$1.5M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002850	−0.334%	$12K	$177K	10x	as long as short
Reya LINEARUSDPERP	+0.0271%	1h	0.002851	−0.316%	$4K	—	3x	as long as short
GMX LINEA/USD [ETH-USDC]short	L +0.0450% / S −0.0181%	1h	0.002852	−0.280%	$32K	—	100x