Funding you earn now, next payment 06:00 UTC−0.0506%/8h= −55.4% APRpaid last 24h −0.054%
Price spread now: BingX against Hyperliquid−0.317%7-day average −0.340% · you buy dearer than you sell
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1221.222% of the position
Funding, last 7 days−0.059%−$6 on $10k
+Price spread, last 7 days−0.030%−$3 · spread now −0.317%, 7d avg −0.340%
=Together, before fees−0.089%+ Points / potential airdropHyperliquid: Season 2 · farm board−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BingX is 0.023% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.317% now, against its 7-day average of −0.340%): +$2 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.059% in total) that is about 2.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.059% in total (about -3.1% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid LINEA | 0.002843 | 0.0606 | pay 0.0076% / 1h | 55m 15s | $2.7M | $284K | 3x |
| Short | BingX LINEA-USDT | 0.002834 | 0.0100 | get 0.0050% / 4h | 2h 55m | — | $2.6M | — |
Hyperliquid LINEA
BingX LINEA-USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$106.18
- Price spread: −0.317% → −0.340%
- $2.35
- Slippage, 4 orders
- −$103.2
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$226.03
- Costs to cover
- 1.222%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 6 min ago; BingX: live order book, 9 min ago.
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, 6 min ago | 3.52 bp | 40.5 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 5.30 bp | 28.6 bp −$29 | 71.5 bp −$715 | 546.0 bp −$54.6K | 1045.4 bp −$522.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack LINEA_USDC_PERP | −0.0256% | 1h | 0.002836 | −0.239% | $89K | $61K | 10x | as long as short |
| Injective LINEA/USDC PERP | +0.0033% | 1h | 0.002810 | −1.161% | $734 | $39K | 5.5x | as long as short |
| Lighter LINEA | +0.0096% | 1h | 0.002838 | −0.176% | $111K | $56K | 3x | as long as short |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002836 | −0.256% | $20K | $2K | 5x | as long as short |
| Binance LINEAUSDT | +0.0100% | 4h | 0.002833 | −0.352% | $4.1M | $4.1M | 50x | as long as short |
| Bybit LINEAUSDT | +0.0100% | 4h | 0.002832 | −0.387% | $2.9M | $868K | 50x | as long as short |
| OKX LINEA-USDT-SWAP | +0.0100% | 4h | 0.002831 | −0.422% | $1.2M | $986K | 50x | as long as short |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002836 | −0.246% | $231K | $79K | 50x | as long as short |
| MEXC LINEA_USDT | +0.0100% | 4h | 0.002832 | −0.387% | $3.9M | $1.0M | 100x | as long as short |
| KuCoin LINEAUSDTM | +0.0100% | 4h | 0.002836 | −0.246% | $565K | $60K | 50x | as long as short |
Backpack LINEA_USDC_PERP
Injective LINEA/USDC PERP
Lighter LINEA
Aster LINEAUSDT
Binance LINEAUSDT
Bybit LINEAUSDT
OKX LINEA-USDT-SWAP
Gate LINEA_USDT
MEXC LINEA_USDT
KuCoin LINEAUSDTMShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget LINEAUSDT | +0.0100% | 4h | 0.002835 | −0.281% | $1.1M | $478K | 50x | as long as short |
| BingX LINEA-USDTshort | +0.0100% | 4h | 0.002834 | −0.317% | — | $2.6M | — | |
| Variational Omni LINEA | +0.0100% | 4h | 0.002833 | −0.369% | $109K | $55K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002838 | −0.176% | $148K | $2.3M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002840 | −0.106% | $2K | $20K | 50x | as long as short |
| SunX LINEA-USDT | +0.0100% | 4h | 0.002890 | +1.653% | $2K | $1.7M | 20x | as long as short |
| Extended LINEA-USD | +0.0104% | 1h | 0.002833 | −0.362% | $9K | $110K | 10x | as long as short |
| BloFin LINEA-USDT | +0.0138% | 4h | 0.002833 | −0.352% | $216K | $29K | 50x | as long as short |
| Reya LINEARUSDPERP | +0.0275% | 1h | 0.002833 | −0.355% | $4K | — | 3x | as long as short |
| GMX LINEA/USD [ETH-USDC] | L +0.0450% / S −0.0179% | 1h | 0.002835 | −0.281% | $32K | — | 100x | as long as short |
| Hyperliquid LINEAlong | +0.0606% | 1h | 0.002843 | long leg | $2.7M | $284K | 3x |
Bitget LINEAUSDT
Variational Omni LINEA
GRVT LINEA_USDT_Perp
ApeX Omni LINEAUSDT
SunX LINEA-USDT
Extended LINEA-USD
BloFin LINEA-USDT
Reya LINEARUSDPERP
GMX LINEA/USD [ETH-USDC]