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

LINEA

all LINEA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0051%/8h= +5.6% APRpaid last 24h +0.048%
Price spread now: Hyperliquid against OKX+0.491%7-day average +0.393% · 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+0.095%+$9 on $10k
Price spread, last 7 days−0.114%−$11 · spread now +0.491%, 7d avg +0.393%
Together, before fees−0.019%+ Points / potential airdropHyperliquid: Season 2 · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Hyperliquid is 0.097% dearer against OKX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.393%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX LINEA-USDT-SWAP0.0028540.0100pay 0.0050% / 4h2h 23m$1.2M$956K50x
ShortHyperliquid LINEA0.0028680.0151get 0.0019% / 1h23m 17s$2.7M$256K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against OKX. 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
$10.73
Price spread: +0.491% → +0.393%
$9.75
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$1.48
Costs to cover
0.190%
Break-even
6.0 days
Slippage unknown: OKX: live order book, 3 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 3 min ago1.75 bp23.7 bp −$24147.6 bp −$1,476doesn't fitdoesn't fit
Sell Hyperliquid live order book, 8 min ago1.75 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

LINEA on 20 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
Injective LINEA/USDC PERP+0.0033%1h0.002810−1.542%$734$39K5.5xas long as short
Lighter LINEA+0.0096%1h0.002869+0.526%$114K$56K3xas long as short
Aster LINEAUSDT+0.0100%4h0.002861+0.233%$20K$135xas long as short
Binance LINEAUSDT+0.0100%4h0.002859+0.165%$4.1M$3.7M50xas long as short
Bybit LINEAUSDT+0.0100%4h0.002855+0.035%$2.9M$802K50xas long as short
OKX LINEA-USDT-SWAPlong+0.0100%4h0.002854long leg$1.2M$956K50x
Gate LINEA_USDT+0.0100%4h0.002862+0.280%$239K$71K50xas long as short
MEXC LINEA_USDT+0.0100%4h0.002859+0.175%$3.9M$1.1M100xas long as short
KuCoin LINEAUSDTM+0.0100%4h0.002861+0.245%$570K$61K50xas long as short
Bitget LINEAUSDT+0.0100%4h0.002861+0.245%$1.1M$482K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX LINEA-USDT+0.0100%4h0.002856+0.070%$2.6Mas long as short
Backpack LINEA_USDC_PERP+0.0100%1h0.002860+0.200%$90K$61K10xas long as short
Variational Omni LINEA+0.0100%4h0.002858+0.141%$113K$56Kas long as short
GRVT LINEA_USDT_Perp+0.0100%4h0.002860+0.210%$148K$2.3M10xas long as short
ApeX Omni LINEAUSDT+0.0100%1h0.002860+0.210%$2K$19K50xas long as short
SunX LINEA-USDT+0.0100%4h0.002920+2.313%$2K$1.5M20xas long as short
Extended LINEA-USD+0.0104%1h0.002858+0.131%$13K$158K10xas long as short
Hyperliquid LINEAshort+0.0151%1h0.002868+0.491%$2.7M$256K3x
Reya LINEARUSDPERP+0.0272%1h0.002858+0.137%$4K3xas long as short
GMX LINEA/USD [ETH-USDC]L +0.0452% / S −0.0181%1h0.002859+0.175%$32K100xas long as short