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−0.0270%/8h= −29.5% APRpaid last 24h −0.053%
Price spread now: BloFin against Hyperliquid−0.729%87s7-day average −0.334% · you buy dearer than you sell
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−0.097%−$10 on $10k
Price spread, last 4 days (all we have)+0.475%+$47 · spread now −0.729%, 7d avg −0.334%
Together, before fees+0.378%+ Points / potential airdropHyperliquid: Season 2 · farm board+$38 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and BloFin is 0.395% cheaper against Hyperliquid than usual: you would sell low and buy high (−$40 if the spread goes back to its 7-day average of −0.334%). Swap the legs. The two prices were read 87 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.097% in total (about -5.1% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid LINEA0.0028790.0357pay 0.0045% / 1h51m 31s$2.8M$281K3x
ShortBloFin LINEA-USDT0.0028580.0087get 0.0044% / 4h3h 51m$218K$30K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
−$56.66
Price spread: −0.729% → −0.334%
−$39.52
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$117.19
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 10 min ago; BloFin: live order book, 39 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 Hyperliquid live order book, 10 min ago3.47 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 39 min ago3.49 bp21.5 bp −$2142.2 bp −$422doesn'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
Injective LINEA/USDC PERP+0.0033%1h0.002810−2.397%$734$39K5.5xas long as short
BloFin LINEA-USDTshort+0.0087%4h0.002858−0.729%$218K$30K50x
Lighter LINEA+0.0096%1h0.002876−0.104%$113K$56K3xas long as short
Aster LINEAUSDT+0.0100%4h0.002871−0.271%$20K$135xas long as short
Binance LINEAUSDT+0.0100%4h0.002869−0.364%$4.1M$3.9M50xas long as short
Bybit LINEAUSDT+0.0100%4h0.002866−0.452%$2.9M$839K50xas long as short
OKX LINEA-USDT-SWAP+0.0100%4h0.002864−0.521%$1.2M$962K50xas long as short
Gate LINEA_USDT+0.0100%4h0.002870−0.313%$236K$78K50xas long as short
MEXC LINEA_USDT+0.0100%4h0.002869−0.347%$4.0M$1.0M100xas long as short
KuCoin LINEAUSDTM+0.0100%4h0.002869−0.347%$572K$61K50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget LINEAUSDT+0.0100%4h0.002871−0.278%$1.1M$471K50xas long as short
BingX LINEA-USDT+0.0100%4h0.002867−0.417%$2.6Mas long as short
Backpack LINEA_USDC_PERP+0.0100%1h0.002872−0.233%$90K$61K10xas long as short
Variational Omni LINEA+0.0100%4h0.002853−0.920%$110K$56Kas long as short
GRVT LINEA_USDT_Perp+0.0100%4h0.002871−0.293%$150K$2.3M10xas long as short
ApeX Omni LINEAUSDT+0.0100%1h0.002870−0.313%$2K$20K50xas long as short
SunX LINEA-USDT+0.0100%4h0.002930+1.771%$1K$1.6M20xas long as short
Extended LINEA-USD+0.0104%1h0.002866−0.445%$9K$162K10xas long as short
GMX LINEA/USD [ETH-USDC]L +0.0180% / S +0.0150%1h0.002869−0.347%$33K100xas long as short
Reya LINEARUSDPERP+0.0274%1h0.002869−0.350%$4K3xas long as short
Hyperliquid LINEAlong+0.0357%1h0.002879long leg$2.8M$281K3x