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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid LINEA | 0.002837 | 0.0651 | pay 0.0081% / 1h | 8m 04s | $2.7M | $283K | 3x |
| Short | BingX LINEA-USDT | 0.002826 | 0.0100 | get 0.0050% / 4h | 3h 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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Hyperliquid live order book, 3 min ago | 1.76 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 5.29 bp | 29.7 bp −$30 | 67.6 bp −$676 | 467.2 bp −$46.7K | 1016.1 bp −$508.0K |
LINEA on 21 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack LINEA_USDC_PERP | −0.0026% | 1h | 0.002829 | −0.268% | $89K | $61K | 10x | as long as short |
| Injective LINEA/USDC PERP | +0.0033% | 1h | 0.002810 | −0.952% | $734 | $39K | 5.5x | as long as short |
| Lighter LINEA | +0.0096% | 1h | 0.002839 | +0.070% | $111K | $56K | 3x | as long as short |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002830 | −0.232% | $20K | $2K | 5x | as long as short |
| Binance LINEAUSDT | +0.0100% | 4h | 0.002829 | −0.274% | $4.1M | $4.1M | 50x | as long as short |
| Bybit LINEAUSDT | +0.0100% | 4h | 0.002824 | −0.458% | $2.9M | $860K | 50x | as long as short |
| OKX LINEA-USDT-SWAP | +0.0100% | 4h | 0.002825 | −0.423% | $1.2M | $975K | 50x | as long as short |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002833 | −0.141% | $231K | $79K | 50x | as long as short |
| MEXC LINEA_USDT | +0.0100% | 4h | 0.002829 | −0.282% | $3.9M | $1.1M | 100x | as long as short |
| KuCoin LINEAUSDTM | +0.0100% | 4h | 0.002833 | −0.141% | $565K | $60K | 50x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget LINEAUSDT | +0.0100% | 4h | 0.002832 | −0.176% | $1.1M | $479K | 50x | as long as short |
| BingX LINEA-USDTshort | +0.0100% | 4h | 0.002826 | −0.388% | — | $2.6M | — | |
| Variational Omni LINEA | +0.0100% | 4h | 0.002829 | −0.283% | $109K | $55K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002845 | +0.282% | $149K | $2.3M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002830 | −0.247% | $2K | $20K | 50x | as long as short |
| SunX LINEA-USDT | +0.0100% | 4h | 0.002890 | +1.868% | $2K | $1.7M | 20x | as long as short |
| Extended LINEA-USD | +0.0104% | 1h | 0.002829 | −0.291% | $9K | $112K | 10x | as long as short |
| BloFin LINEA-USDT | +0.0117% | 4h | 0.002844 | +0.247% | $215K | $29K | 50x | as long as short |
| Reya LINEARUSDPERP | +0.0275% | 1h | 0.002829 | −0.269% | $4K | — | 3x | as long as short |
| GMX LINEA/USD [ETH-USDC] | L +0.0450% / S −0.0179% | 1h | 0.002828 | −0.317% | $32K | — | 100x | as long as short |
| Hyperliquid LINEAlong | +0.0651% | 1h | 0.002837 | long leg | $2.7M | $283K | 3x |
Hyperliquid LINEA
BingX LINEA-USDT
Backpack LINEA_USDC_PERP
Injective LINEA/USDC PERP
Lighter LINEA
Aster LINEAUSDT
Binance LINEAUSDT
Bybit LINEAUSDT
OKX LINEA-USDT-SWAP
Gate LINEA_USDT
MEXC LINEA_USDT
KuCoin LINEAUSDTM
Bitget LINEAUSDT
Variational Omni LINEA
GRVT LINEA_USDT_Perp
ApeX Omni LINEAUSDT
SunX LINEA-USDT
Extended LINEA-USD
BloFin LINEA-USDT
GMX LINEA/USD [ETH-USDC]