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

LINEA

all LINEA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0552%/8h= +60.4% APRpaid last 24h +0.054%
Price spread now: Hyperliquid against Bitget+0.212%7-day average +0.269% · 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+0.067%+$7 on $10k
Price spread, last 7 days+0.044%+$4 · spread now +0.212%, 7d avg +0.269%
Together, before fees+0.110%+ Points / potential airdropHyperliquid: Season 2 · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.057% cheaper against Bitget than usual: you would sell low and buy high (spread +0.212% now, against its 7-day average of +0.269%). If the spread goes back, that is −$6 on $10k: about 8 hours of funding at the current rate (+$17 a day). At the pace of the last 7 days (+0.067% in total) that is about 6.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.067% in total (about 3.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget LINEAUSDT0.0028360.0100pay 0.0050% / 4h3h 10m$1.1M$478K50x
ShortHyperliquid LINEA0.0028420.0652get 0.0081% / 1h10m 33s$2.7M$284K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Bitget. 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
$115.89
Price spread: +0.212% → +0.269%
−$5.72
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$89.17
Costs to cover
0.210%
Break-even
1.6 days
Slippage unknown: Bitget: live order book, 1 min ago; Hyperliquid: live order book, 1 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 Bitget live order book, 1 min ago5.29 bp35.5 bp −$3673.0 bp −$730doesn't fitdoesn't fit
Sell Hyperliquid live order book, 1 min ago1.76 bp32.9 bp −$33doesn'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
Backpack LINEA_USDC_PERP−0.0006%1h0.002836−0.011%$89K$61K10xas long as short
Injective LINEA/USDC PERP+0.0033%1h0.002810−0.917%$734$39K5.5xas long as short
Lighter LINEA+0.0096%1h0.002840+0.141%$111K$56K3xas long as short
Aster LINEAUSDT+0.0100%4h0.002836+0.007%$20K$2K5xas long as short
Binance LINEAUSDT+0.0100%4h0.002833−0.096%$4.1M$4.1M50xas long as short
Bybit LINEAUSDT+0.0100%4h0.002831−0.176%$2.9M$860K50xas long as short
OKX LINEA-USDT-SWAP+0.0100%4h0.002828−0.282%$1.2M$975K50xas long as short
Gate LINEA_USDT+0.0100%4h0.002838+0.071%$231K$79K50xas long as short
MEXC LINEA_USDT+0.0100%4h0.002832−0.141%$3.9M$1.1M100xas long as short
KuCoin LINEAUSDTM+0.0100%4h0.002837+0.035%$565K$61K50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget LINEAUSDTlong+0.0100%4h0.002836long leg$1.1M$478K50x
BingX LINEA-USDT+0.0100%4h0.002833−0.106%$2.6Mas long as short
Variational Omni LINEA+0.0100%4h0.002829−0.248%$109K$55Kas long as short
GRVT LINEA_USDT_Perp+0.0100%4h0.002845+0.317%$149K$2.3M10xas long as short
ApeX Omni LINEAUSDT+0.0100%1h0.002830−0.212%$2K$20K50xas long as short
SunX LINEA-USDT+0.0100%4h0.002890+1.904%$1K$1.7M20xas long as short
Extended LINEA-USD+0.0104%1h0.002833−0.116%$9K$128K10xas long as short
BloFin LINEA-USDT+0.0115%4h0.002844+0.282%$217K$29K50xas long as short
Reya LINEARUSDPERP+0.0275%1h0.002832−0.129%$4K3xas long as short
GMX LINEA/USD [ETH-USDC]L +0.0450% / S −0.0179%1h0.002834−0.071%$32K100xas long as short
Hyperliquid LINEAshort+0.0652%1h0.002842+0.212%$2.7M$284K3x