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−0.0551%/8h= −60.3% APRpaid last 24h −0.054%
Price spread now: BingX against Hyperliquid−0.388%7-day average −0.340% · 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 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 against this trade now: funding costs −$17 a day on $10k at the current rate, and BingX is 0.048% cheaper against Hyperliquid than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.340%). Swap the legs.
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
LongHyperliquid LINEA0.0028370.0651pay 0.0081% / 1h8m 04s$2.7M$283K3x
ShortBingX LINEA-USDT0.0028260.0100get 0.0050% / 4h3h 08m$2.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Hyperliquid. 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
−$115.62
Price spread: −0.388% → −0.340%
−$4.77
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BingX: 5 bp × 2 orders
−$10
Net
−$139.39
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 3 min ago; BingX: live order book, 11 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 Hyperliquid live order book, 3 min ago1.76 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 11 min ago5.29 bp29.7 bp −$3067.6 bp −$676467.2 bp −$46.7K1016.1 bp −$508.0K

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−0.0026%1h0.002829−0.268%$89K$61K10xas long as short
Injective LINEA/USDC PERP+0.0033%1h0.002810−0.952%$734$39K5.5xas long as short
Lighter LINEA+0.0096%1h0.002839+0.070%$111K$56K3xas long as short
Aster LINEAUSDT+0.0100%4h0.002830−0.232%$20K$2K5xas long as short
Binance LINEAUSDT+0.0100%4h0.002829−0.274%$4.1M$4.1M50xas long as short
Bybit LINEAUSDT+0.0100%4h0.002824−0.458%$2.9M$860K50xas long as short
OKX LINEA-USDT-SWAP+0.0100%4h0.002825−0.423%$1.2M$975K50xas long as short
Gate LINEA_USDT+0.0100%4h0.002833−0.141%$231K$79K50xas long as short
MEXC LINEA_USDT+0.0100%4h0.002829−0.282%$3.9M$1.1M100xas long as short
KuCoin LINEAUSDTM+0.0100%4h0.002833−0.141%$565K$60K50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget LINEAUSDT+0.0100%4h0.002832−0.176%$1.1M$479K50xas long as short
BingX LINEA-USDTshort+0.0100%4h0.002826−0.388%$2.6M
Variational Omni LINEA+0.0100%4h0.002829−0.283%$109K$55Kas long as short
GRVT LINEA_USDT_Perp+0.0100%4h0.002845+0.282%$149K$2.3M10xas long as short
ApeX Omni LINEAUSDT+0.0100%1h0.002830−0.247%$2K$20K50xas long as short
SunX LINEA-USDT+0.0100%4h0.002890+1.868%$2K$1.7M20xas long as short
Extended LINEA-USD+0.0104%1h0.002829−0.291%$9K$112K10xas long as short
BloFin LINEA-USDT+0.0117%4h0.002844+0.247%$215K$29K50xas long as short
Reya LINEARUSDPERP+0.0275%1h0.002829−0.269%$4K3xas long as short
GMX LINEA/USD [ETH-USDC]L +0.0450% / S −0.0179%1h0.002828−0.317%$32K100xas long as short
Hyperliquid LINEAlong+0.0651%1h0.002837long leg$2.7M$283K3x