Funding you earn now, next payment 02:00 UTC+0.0052%/8h= +5.7% APRpaid last 24h +0.064%
Price spread now: Hyperliquid against Bybit+0.490%7-day average +0.380% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.103%+$10 on $10k
+Price spread, last 7 days−0.192%−$19 · spread now +0.490%, 7d avg +0.380%
=Together, before fees−0.089%+ Points / potential airdropHyperliquid: Season 2 · farm board−$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Hyperliquid is 0.110% dearer against Bybit than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.380%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit LINEAUSDT | 0.002855 | 0.0100 | pay 0.0050% / 4h | 2h 22m | $2.9M | $802K | 50x |
| Short | Hyperliquid LINEA | 0.002869 | 0.0152 | get 0.0019% / 1h | 22m 49s | $2.7M | $256K | 3x |
Bybit LINEAUSDT
Hyperliquid LINEAFunding 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
- $10.91
- Price spread: +0.490% → +0.380%
- $11.04
- 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
- $1.95
- Costs to cover
- 0.200%
- Break-even
- 5.7 days
Slippage unknown: Bybit: live order book, 4 min ago; Hyperliquid: live order book, 8 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, 4 min ago | 5.25 bp | 43.0 bp −$43 | 285.9 bp −$2,859 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 1.75 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
LINEA on 20 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 | −1.576% | $734 | $39K | 5.5x | as long as short |
| Lighter LINEA | +0.0096% | 1h | 0.002869 | +0.490% | $114K | $56K | 3x | as long as short |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002861 | +0.193% | $20K | $13 | 5x | as long as short |
| Binance LINEAUSDT | +0.0100% | 4h | 0.002859 | +0.140% | $4.1M | $3.7M | 50x | as long as short |
| Bybit LINEAUSDTlong | +0.0100% | 4h | 0.002855 | long leg | $2.9M | $802K | 50x | |
| OKX LINEA-USDT-SWAP | +0.0100% | 4h | 0.002855 | 0.000% | $1.2M | $957K | 50x | as long as short |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002862 | +0.245% | $239K | $71K | 50x | as long as short |
| MEXC LINEA_USDT | +0.0100% | 4h | 0.002858 | +0.105% | $3.9M | $1.1M | 100x | as long as short |
| KuCoin LINEAUSDTM | +0.0100% | 4h | 0.002861 | +0.210% | $570K | $61K | 50x | as long as short |
| Bitget LINEAUSDT | +0.0100% | 4h | 0.002861 | +0.210% | $1.1M | $482K | 50x | as long as short |
Injective LINEA/USDC PERP
Lighter LINEA
Aster LINEAUSDT
Binance LINEAUSDT
OKX LINEA-USDT-SWAP
Gate LINEA_USDT
MEXC LINEA_USDT
KuCoin LINEAUSDTM
Bitget LINEAUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX LINEA-USDT | +0.0100% | 4h | 0.002856 | +0.035% | — | $2.7M | — | as long as short |
| Backpack LINEA_USDC_PERP | +0.0100% | 1h | 0.002860 | +0.172% | $90K | $61K | 10x | as long as short |
| Variational Omni LINEA | +0.0100% | 4h | 0.002858 | +0.106% | $113K | $56K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002860 | +0.175% | $148K | $2.3M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002860 | +0.175% | $2K | $19K | 50x | as long as short |
| SunX LINEA-USDT | +0.0100% | 4h | 0.002920 | +2.277% | $2K | $1.5M | 20x | as long as short |
| Extended LINEA-USD | +0.0104% | 1h | 0.002858 | +0.096% | $13K | $158K | 10x | as long as short |
| Hyperliquid LINEAshort | +0.0152% | 1h | 0.002869 | +0.490% | $2.7M | $256K | 3x | |
| Reya LINEARUSDPERP | +0.0272% | 1h | 0.002858 | +0.102% | $4K | — | 3x | as long as short |
| GMX LINEA/USD [ETH-USDC] | L +0.0452% / S −0.0181% | 1h | 0.002859 | +0.140% | $32K | — | 100x | as long as short |
BingX LINEA-USDT
Backpack LINEA_USDC_PERP
Variational Omni LINEA
GRVT LINEA_USDT_Perp
ApeX Omni LINEAUSDT
SunX LINEA-USDT
Extended LINEA-USD
Reya LINEARUSDPERP
GMX LINEA/USD [ETH-USDC]