LINEA

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0250%/8h= −27.3% APRnext payment −$0.31 per $10,000 · paid last 24h −0.047%

Price spread now: Hyperliquid against GMX+0.384%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 0.384% dearer against GMX than usual: you sell high and buy low (spread +0.384% now, against zero (this spread has no 7-day history yet)): +$38 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 5.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX LINEA/USD [ETH-USDC]	0.002867	L +0.0452% / S −0.0181%	pay 0.0056% / 1h	5m 54s	$32K	—	100x
Short	Hyperliquid LINEA	0.002878	0.0202	get 0.0025% / 1h	5m 54s	$2.7M	$255K	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 +0.384%Rate

Funding earned: −$52.41
Price spread: +0.384% → 0.000%: $38.37
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$35.04
Costs to cover: 0.210%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; Hyperliquid: live order book, 5 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, 5 min ago	3.47 bp	38.0 bp −$38	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	−1.988%	$734	$39K	5.5x	as long as short
BloFin LINEA-USDT	+0.0090%	4h	0.002869	+0.070%	$219K	$15K	50x	as long as short
Lighter LINEA	+0.0096%	1h	0.002879	+0.419%	$111K	$52K	3x	as long as short
Aster LINEAUSDT	+0.0100%	4h	0.002870	+0.110%	$20K	$13	5x	as long as short
Binance LINEAUSDT	+0.0100%	4h	0.002866	−0.049%	$4.1M	$3.6M	50x	as long as short
Bybit LINEAUSDT	+0.0100%	4h	0.002865	−0.070%	$2.9M	$781K	50x	as long as short
OKX LINEA-USDT-SWAP	+0.0100%	4h	0.002861	−0.209%	$1.2M	$935K	50x	as long as short
Gate LINEA_USDT	+0.0100%	4h	0.002871	+0.140%	$240K	$70K	50x	as long as short
MEXC LINEA_USDT	+0.0100%	4h	0.002866	−0.035%	$4.0M	$1.1M	100x	as long as short
KuCoin LINEAUSDTM	+0.0100%	4h	0.002871	+0.140%	$572K	$60K	50x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget LINEAUSDT	+0.0100%	4h	0.002871	+0.140%	$1.1M	$477K	50x	as long as short
BingX LINEA-USDT	+0.0100%	4h	0.002864	−0.105%	—	$2.7M	—	as long as short
Variational Omni LINEA	+0.0100%	4h	0.002862	−0.158%	$113K	$62K	—	as long as short
GRVT LINEA_USDT_Perp	+0.0100%	4h	0.002874	+0.244%	$144K	$2.3M	10x	as long as short
ApeX Omni LINEAUSDT	+0.0100%	1h	0.002880	+0.453%	$2K	$19K	50x	as long as short
SunX LINEA-USDT	+0.0100%	4h	0.002930	+2.197%	$2K	$1.5M	20x	as long as short
Extended LINEA-USD	+0.0104%	1h	0.002866	−0.042%	$9K	$155K	10x	as long as short
Hyperliquid LINEAshort	+0.0202%	1h	0.002878	+0.384%	$2.7M	$255K	3x
Backpack LINEA_USDC_PERP	+0.0258%	1h	0.002868	+0.038%	$85K	$51K	10x	as long as short
Reya LINEARUSDPERP	+0.0272%	1h	0.002867	−0.005%	$4K	—	3x	as long as short
GMX LINEA/USD [ETH-USDC]long	L +0.0452% / S −0.0181%	1h	0.002867	long leg	$32K	—	100x