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

LINEA

all LINEA markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance LINEAUSDT0.0028450.0100pay 0.0050% / 4h48m 08s$4.1M$3.8M50x
ShortHyperliquid LINEA0.0028550.0416get 0.0052% / 1h48m 08s$2.7M$278K3x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 4 min ago1.75 bp19.3 bp −$1958.3 bp −$583doesn't fitdoesn't fit
Sell Hyperliquid live order book, 3 min ago1.75 bpdoesn't fitdoesn'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
Injective LINEA/USDC PERP+0.0033%1h0.002810−1.230%$734$39K5.5xas long as short
BloFin LINEA-USDT+0.0074%4h0.002850+0.176%$220K$30K50xas long as short
Aster LINEAUSDT+0.0100%4h0.002847+0.077%$20K$135xas long as short
Binance LINEAUSDTlong+0.0100%4h0.002845long leg$4.1M$3.8M50x
Bybit LINEAUSDT+0.0100%4h0.002840−0.176%$2.9M$831K50xas long as short
OKX LINEA-USDT-SWAP+0.0100%4h0.002842−0.105%$1.2M$955K50xas long as short
Gate LINEA_USDT+0.0100%4h0.002846+0.035%$234K$76K50xas long as short
MEXC LINEA_USDT+0.0100%4h0.002846+0.035%$3.9M$1.1M100xas long as short
KuCoin LINEAUSDTM+0.0100%4h0.002847+0.070%$567K$60K50xas long as short
Bitget LINEAUSDT+0.0100%4h0.002846+0.035%$1.1M$467K50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX LINEA-USDT+0.0100%4h0.002842−0.105%$2.6Mas long as short
Backpack LINEA_USDC_PERP+0.0100%1h0.002846+0.035%$89K$61K10xas long as short
Variational Omni LINEA+0.0100%4h0.002847+0.070%$110K$56Kas long as short
GRVT LINEA_USDT_Perp+0.0100%4h0.002859+0.492%$140K$2.3M10xas long as short
ApeX Omni LINEAUSDT+0.0100%1h0.002850+0.176%$2K$20K50xas long as short
SunX LINEA-USDT+0.0100%4h0.002910+2.285%$1K$1.6M20xas long as short
Extended LINEA-USD+0.0104%1h0.002843−0.062%$10K$160K10xas long as short
Reya LINEARUSDPERP+0.0274%1h0.002846+0.049%$4K3xas long as short
Lighter LINEA+0.0280%1h0.002851+0.211%$112K$56K3xas long as short
Hyperliquid LINEAshort+0.0416%1h0.002855+0.351%$2.7M$278K3x
GMX LINEA/USD [ETH-USDC]L +0.0454% / S −0.0181%1h0.002847+0.070%$32K100xas long as short