Funding you earn now, next payment 04:00 UTC+0.0316%/8h= +34.6% APRpaid last 24h +0.051%
Price spread now: Hyperliquid against Binance+0.351%7-day average +0.318% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.086%+$9 on $10k
+Price spread, last 7 days−0.019%−$2 · spread now +0.351%, 7d avg +0.318%
=Together, before fees+0.068%+ Points / potential airdropHyperliquid: Season 2 · farm board+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Hyperliquid is 0.033% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.318%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.086% in total (about 4.5% 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 | Binance LINEAUSDT | 0.002845 | 0.0100 | pay 0.0050% / 4h | 48m 08s | $4.1M | $3.8M | 50x |
| Short | Hyperliquid LINEA | 0.002855 | 0.0416 | get 0.0052% / 1h | 48m 08s | $2.7M | $278K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Binance. 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
- $66.35
- Price spread: +0.351% → +0.318%
- $3.35
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $50.7
- Costs to cover
- 0.190%
- Break-even
- 1.7 days
Slippage unknown: Binance: live order book, 4 min ago; Hyperliquid: live order book, 3 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 Binance live order book, 4 min ago | 1.75 bp | 19.3 bp −$19 | 58.3 bp −$583 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 1.75 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
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 | −1.230% | $734 | $39K | 5.5x | as long as short |
| BloFin LINEA-USDT | +0.0074% | 4h | 0.002850 | +0.176% | $220K | $30K | 50x | as long as short |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002847 | +0.077% | $20K | $13 | 5x | as long as short |
| Binance LINEAUSDTlong | +0.0100% | 4h | 0.002845 | long leg | $4.1M | $3.8M | 50x | |
| Bybit LINEAUSDT | +0.0100% | 4h | 0.002840 | −0.176% | $2.9M | $831K | 50x | as long as short |
| OKX LINEA-USDT-SWAP | +0.0100% | 4h | 0.002842 | −0.105% | $1.2M | $955K | 50x | as long as short |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002846 | +0.035% | $234K | $76K | 50x | as long as short |
| MEXC LINEA_USDT | +0.0100% | 4h | 0.002846 | +0.035% | $3.9M | $1.1M | 100x | as long as short |
| KuCoin LINEAUSDTM | +0.0100% | 4h | 0.002847 | +0.070% | $567K | $60K | 50x | as long as short |
| Bitget LINEAUSDT | +0.0100% | 4h | 0.002846 | +0.035% | $1.1M | $467K | 50x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX LINEA-USDT | +0.0100% | 4h | 0.002842 | −0.105% | — | $2.6M | — | as long as short |
| Backpack LINEA_USDC_PERP | +0.0100% | 1h | 0.002846 | +0.035% | $89K | $61K | 10x | as long as short |
| Variational Omni LINEA | +0.0100% | 4h | 0.002847 | +0.070% | $110K | $56K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002859 | +0.492% | $140K | $2.3M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002850 | +0.176% | $2K | $20K | 50x | as long as short |
| SunX LINEA-USDT | +0.0100% | 4h | 0.002910 | +2.285% | $1K | $1.6M | 20x | as long as short |
| Extended LINEA-USD | +0.0104% | 1h | 0.002843 | −0.062% | $10K | $160K | 10x | as long as short |
| Reya LINEARUSDPERP | +0.0274% | 1h | 0.002846 | +0.049% | $4K | — | 3x | as long as short |
| Lighter LINEA | +0.0280% | 1h | 0.002851 | +0.211% | $112K | $56K | 3x | as long as short |
| Hyperliquid LINEAshort | +0.0416% | 1h | 0.002855 | +0.351% | $2.7M | $278K | 3x | |
| GMX LINEA/USD [ETH-USDC] | L +0.0454% / S −0.0181% | 1h | 0.002847 | +0.070% | $32K | — | 100x | as long as short |
Binance LINEAUSDT
Hyperliquid LINEA
Injective LINEA/USDC PERP
BloFin LINEA-USDT
Aster LINEAUSDT
Bybit LINEAUSDT
OKX LINEA-USDT-SWAP
Gate LINEA_USDT
MEXC LINEA_USDT
KuCoin LINEAUSDTM
Bitget LINEAUSDT
BingX LINEA-USDT
Backpack LINEA_USDC_PERP
Variational Omni LINEA
GRVT LINEA_USDT_Perp
ApeX Omni LINEAUSDT
SunX LINEA-USDT
Extended LINEA-USD
Lighter LINEA
GMX LINEA/USD [ETH-USDC]