Funding you earn now, next payment 22:00 UTC−0.0348%/8h= −38.1% APRnext payment −$0.43 per $10,000 · paid last 24h −0.048%
Price spread now: Hyperliquid against GMX+0.247%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
The price spread pays, funding is against you. Hyperliquid is 0.247% dearer against GMX than usual: you sell high and buy low (spread +0.247% now, against zero (this spread has no 7-day history yet)): +$25 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 2.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX LINEA/USD [ETH-USDC] | 0.002836 | L +0.0448% / S −0.0181% | pay 0.0056% / 1h | 23m 22s | $32K | — | 100x |
| Short | Hyperliquid LINEA | 0.002843 | 0.0100 | get 0.0013% / 1h | 23m 22s | $2.7M | $254K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against GMX. 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
- −$73.06
- Price spread: +0.247% → 0.000%
- $24.68
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$69.38
- Costs to cover
- 0.210%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; Hyperliquid: live order book, 8 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 GMX no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 8 min ago | 3.52 bp | 27.2 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack LINEA_USDC_PERP | −0.0516% | 1h | 0.002835 | −0.042% | $85K | $52K | 10x | as long as short |
| Injective LINEA/USDC PERP | +0.0033% | 1h | 0.002810 | −0.917% | $734 | $39K | 5.5x | as long as short |
| BloFin LINEA-USDT | +0.0069% | 4h | 0.002835 | −0.035% | $218K | $13K | 50x | as long as short |
| Lighter LINEA | +0.0096% | 1h | 0.002838 | +0.071% | $109K | $59K | 3x | as long as short |
| Hyperliquid LINEAshort | +0.0100% | 1h | 0.002843 | +0.247% | $2.7M | $254K | 3x | |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002836 | +0.006% | $20K | $13 | 5x | as long as short |
| Binance LINEAUSDT | +0.0100% | 4h | 0.002834 | −0.071% | $4.0M | $3.6M | 50x | as long as short |
| Bybit LINEAUSDT | +0.0100% | 4h | 0.002831 | −0.176% | $2.9M | $852K | 50x | as long as short |
| OKX LINEA-USDT-SWAP | +0.0100% | 4h | 0.002828 | −0.282% | $1.2M | $938K | 50x | as long as short |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002837 | +0.035% | $241K | $61K | 50x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC LINEA_USDT | +0.0100% | 4h | 0.002834 | −0.071% | $3.9M | $1.1M | 100x | as long as short |
| KuCoin LINEAUSDTM | +0.0100% | 4h | 0.002837 | +0.035% | $543K | $50K | 50x | as long as short |
| Bitget LINEAUSDT | +0.0100% | 4h | 0.002835 | −0.035% | $1.1M | $480K | 50x | as long as short |
| BingX LINEA-USDT | +0.0100% | 4h | 0.002832 | −0.141% | — | $2.6M | — | as long as short |
| Variational Omni LINEA | +0.0100% | 4h | 0.002830 | −0.215% | $113K | $59K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002833 | −0.106% | $146K | $2.3M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002830 | −0.212% | $2K | $19K | 50x | as long as short |
| SunX LINEA-USDT | +0.0100% | 4h | 0.002890 | +1.904% | $1K | $1.4M | 20x | as long as short |
| Extended LINEA-USD | +0.0104% | 1h | 0.002833 | −0.101% | $12K | $177K | 10x | as long as short |
| Reya LINEARUSDPERP | +0.0269% | 1h | 0.002834 | −0.079% | $4K | — | 3x | as long as short |
| GMX LINEA/USD [ETH-USDC]long | L +0.0448% / S −0.0181% | 1h | 0.002836 | long leg | $32K | — | 100x |
GMX LINEA/USD [ETH-USDC]
Hyperliquid LINEA
Backpack LINEA_USDC_PERP
Injective LINEA/USDC PERP
BloFin LINEA-USDT
Lighter LINEA
Aster LINEAUSDT
Binance LINEAUSDT
Bybit LINEAUSDT
OKX LINEA-USDT-SWAP
Gate LINEA_USDT
MEXC LINEA_USDT
KuCoin LINEAUSDTM
Bitget LINEAUSDT
BingX LINEA-USDT
Variational Omni LINEA
GRVT LINEA_USDT_Perp
ApeX Omni LINEAUSDT
SunX LINEA-USDT
Extended LINEA-USD