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

LINEA

all LINEA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0506%/8h= +55.4% APRpaid last 24h +0.054%
Price spread now: Hyperliquid against SunX−1.626%7-day average −1.725% · 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+0.059%+$6 on $10k
Price spread, last 4 days (all we have)−0.180%−$18 · spread now −1.626%, 7d avg −1.725%
Together, before fees−0.121%+ Points / potential airdropHyperliquid: Season 2 · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Hyperliquid is 0.098% dearer against SunX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −1.725%.
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX LINEA-USDT0.0028900.0100pay 0.0050% / 4h2h 55m$2K$1.7M20x
ShortHyperliquid LINEA0.0028430.0606get 0.0076% / 1h55m 13s$2.7M$284K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against SunX. 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
$106.18
Price spread: −1.626% → −1.725%
$9.84
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$99.01
Costs to cover
0.170%
Break-even
0.5 days
Slippage unknown: SunX: live order book, 10 min ago; Hyperliquid: live order book, 6 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 SunX live order book, 10 min ago274.91 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 6 min ago3.52 bp30.9 bp −$31doesn'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−0.0256%1h0.002836−1.862%$89K$61K10xas long as short
Injective LINEA/USDC PERP+0.0033%1h0.002810−2.768%$734$39K5.5xas long as short
Lighter LINEA+0.0096%1h0.002838−1.799%$111K$56K3xas long as short
Aster LINEAUSDT+0.0100%4h0.002836−1.878%$20K$2K5xas long as short
Binance LINEAUSDT+0.0100%4h0.002833−1.972%$4.1M$4.1M50xas long as short
Bybit LINEAUSDT+0.0100%4h0.002832−2.007%$2.9M$868K50xas long as short
OKX LINEA-USDT-SWAP+0.0100%4h0.002831−2.042%$1.2M$986K50xas long as short
Gate LINEA_USDT+0.0100%4h0.002836−1.869%$231K$79K50xas long as short
MEXC LINEA_USDT+0.0100%4h0.002832−2.007%$3.9M$1.0M100xas long as short
KuCoin LINEAUSDTM+0.0100%4h0.002836−1.869%$565K$60K50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget LINEAUSDT+0.0100%4h0.002835−1.903%$1.1M$478K50xas long as short
BingX LINEA-USDT+0.0100%4h0.002834−1.938%$2.6Mas long as short
Variational Omni LINEA+0.0100%4h0.002833−1.989%$109K$55Kas long as short
GRVT LINEA_USDT_Perp+0.0100%4h0.002838−1.799%$148K$2.3M10xas long as short
ApeX Omni LINEAUSDT+0.0100%1h0.002840−1.730%$2K$20K50xas long as short
SunX LINEA-USDTlong+0.0100%4h0.002890long leg$2K$1.7M20x
Extended LINEA-USD+0.0104%1h0.002833−1.982%$9K$110K10xas long as short
BloFin LINEA-USDT+0.0138%4h0.002833−1.972%$216K$29K50xas long as short
Reya LINEARUSDPERP+0.0275%1h0.002833−1.975%$4K3xas long as short
GMX LINEA/USD [ETH-USDC]L +0.0450% / S −0.0179%1h0.002835−1.903%$32K100xas long as short
Hyperliquid LINEAshort+0.0606%1h0.002843−1.626%$2.7M$284K3x