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+0.0554%/8h= +60.7% APRpaid last 24h +0.054%
Price spread now: Hyperliquid against BingX+0.388%7-day average +0.340% · 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+0.059%+$6 on $10k
Price spread, last 7 days−0.041%−$4 · spread now +0.388%, 7d avg +0.340%
Together, before fees+0.018%+ Points / potential airdropHyperliquid: Season 2 · farm board+$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Hyperliquid is 0.048% dearer against BingX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.340%.
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
LongBingX LINEA-USDT0.0028330.0100pay 0.0050% / 4h3h 10m$2.6M
ShortHyperliquid LINEA0.0028440.0654get 0.0082% / 1h10m 41s$2.7M$284K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against BingX. 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
$116.4
Price spread: +0.388% → +0.340%
$4.82
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$102.23
Costs to cover
0.190%
Break-even
0.9 days
Slippage unknown: BingX: live order book, 8 min ago; Hyperliquid: live order book, just now. 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 BingX live order book, 8 min ago5.29 bp22.7 bp −$2355.0 bp −$550680.0 bp −$68.0K1336.6 bp −$668.3K
Sell Hyperliquid live order book, just now1.76 bp32.9 bp −$33doesn'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−0.0006%1h0.002836+0.095%$89K$61K10xas long as short
Injective LINEA/USDC PERP+0.0033%1h0.002810−0.812%$734$39K5.5xas long as short
Lighter LINEA+0.0096%1h0.002840+0.247%$111K$56K3xas long as short
Aster LINEAUSDT+0.0100%4h0.002836+0.113%$20K$2K5xas long as short
Binance LINEAUSDT+0.0100%4h0.002834+0.035%$4.1M$4.1M50xas long as short
Bybit LINEAUSDT+0.0100%4h0.002831−0.071%$2.9M$860K50xas long as short
OKX LINEA-USDT-SWAP+0.0100%4h0.002828−0.176%$1.2M$974K50xas long as short
Gate LINEA_USDT+0.0100%4h0.002838+0.176%$231K$79K50xas long as short
MEXC LINEA_USDT+0.0100%4h0.002834+0.035%$3.9M$1.1M100xas long as short
KuCoin LINEAUSDTM+0.0100%4h0.002837+0.141%$565K$61K50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget LINEAUSDT+0.0100%4h0.002836+0.106%$1.1M$478K50xas long as short
BingX LINEA-USDTlong+0.0100%4h0.002833long leg$2.6M
Variational Omni LINEA+0.0100%4h0.002829−0.142%$109K$55Kas long as short
GRVT LINEA_USDT_Perp+0.0100%4h0.002845+0.424%$149K$2.3M10xas long as short
ApeX Omni LINEAUSDT+0.0100%1h0.002830−0.106%$2K$20K50xas long as short
SunX LINEA-USDT+0.0100%4h0.002890+2.012%$1K$1.7M20xas long as short
Extended LINEA-USD+0.0104%1h0.002833−0.010%$9K$128K10xas long as short
BloFin LINEA-USDT+0.0115%4h0.002844+0.388%$217K$29K50xas long as short
Reya LINEARUSDPERP+0.0275%1h0.002835+0.085%$4K3xas long as short
GMX LINEA/USD [ETH-USDC]L +0.0450% / S −0.0179%1h0.002834+0.035%$32K100xas long as short
Hyperliquid LINEAshort+0.0654%1h0.002844+0.388%$2.7M$284K3x