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

LINEA

all LINEA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0081%/8h= +8.9% APRnext payment +$0.10 per $10,000 · paid last 24h −0.027%
Price spread now: GMX against Hyperliquid−0.211%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Funding pays, the price is against you. GMX is 0.211% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.211% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$21 on $10k: about 8.7 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid LINEA0.0028430.0100pay 0.0013% / 1h24m 23s$2.7M$254K3x
ShortGMX LINEA/USD [ETH-USDC]0.002837L +0.0448% / S −0.0181%get 0.0023% / 1h24m 23s$32K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$17.05
Price spread: −0.211% → 0.000%
−$21.1
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee GMX: 6 bp × 2 orders
−$12
Net
−$25.05
Costs to cover
0.210%
Break-even
17.3 days
Slippage unknown: Hyperliquid: live order book, 7 min ago; GMX: no order-book sample. 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, 7 min ago3.52 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell GMX no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack LINEA_USDC_PERP−0.0515%1h0.002835−0.299%$85K$52K10xas long as short
Injective LINEA/USDC PERP+0.0033%1h0.002810−1.161%$734$39K5.5xas long as short
BloFin LINEA-USDT+0.0060%4h0.002830−0.457%$218K$13K50xas long as short
Lighter LINEA+0.0096%1h0.002838−0.176%$110K$58K3xas long as short
Hyperliquid LINEAlong+0.0100%1h0.002843long leg$2.7M$254K3x
Aster LINEAUSDT+0.0100%4h0.002835−0.273%$20K$135xas long as short
Binance LINEAUSDT+0.0100%4h0.002833−0.361%$4.0M$3.6M50xas long as short
Bybit LINEAUSDT+0.0100%4h0.002830−0.457%$2.9M$852K50xas long as short
OKX LINEA-USDT-SWAP+0.0100%4h0.002829−0.492%$1.2M$939K50xas long as short
Gate LINEA_USDT+0.0100%4h0.002836−0.246%$241K$61K50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC LINEA_USDT+0.0100%4h0.002833−0.352%$3.9M$1.1M100xas long as short
KuCoin LINEAUSDTM+0.0100%4h0.002836−0.246%$542K$50K50xas long as short
Bitget LINEAUSDT+0.0100%4h0.002835−0.281%$1.1M$480K50xas long as short
BingX LINEA-USDT+0.0100%4h0.002830−0.457%$2.6Mas long as short
Variational Omni LINEA+0.0100%4h0.002830−0.461%$113K$59Kas long as short
GRVT LINEA_USDT_Perp+0.0100%4h0.002833−0.352%$146K$2.3M10xas long as short
ApeX Omni LINEAUSDT+0.0100%1h0.002830−0.457%$2K$19K50xas long as short
SunX LINEA-USDT+0.0100%4h0.002890+1.653%$1K$1.4M20xas long as short
Extended LINEA-USD+0.0104%1h0.002834−0.327%$12K$177K10xas long as short
Reya LINEARUSDPERP+0.0269%1h0.002833−0.358%$4K3xas long as short
GMX LINEA/USD [ETH-USDC]shortL +0.0448% / S −0.0181%1h0.002837−0.211%$32K100x