Funding you earn now, next payment 05:00 UTC+0.0087%/8h= +9.5% APRnext payment +$0.11 per $10,000 · paid last 24h +0.005%
Price spread now: Hyperliquid against Reya+0.352%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 airdropReya: Active · Hyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Hyperliquid is 0.352% dearer against Reya than usual: you sell high and buy low: +$35 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya LINEARUSDPERP | 0.002867 | 0.0274 | pay 0.0034% / 1h | 51m 27s | $4K | — | 3x |
| Short | Hyperliquid LINEA | 0.002877 | 0.0361 | get 0.0045% / 1h | 51m 27s | $2.8M | $281K | 3x |
Reya LINEARUSDPERP
Hyperliquid LINEAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Reya. 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
- $18.2
- Price spread: +0.352% → 0.000%
- $35.19
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $38.39
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Reya: no order-book sample; Hyperliquid: live order book, 10 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 Reya no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 10 min ago | 3.47 bp | 41.8 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective LINEA/USDC PERP | +0.0033% | 1h | 0.002810 | −1.985% | $734 | $39K | 5.5x | as long as short |
| BloFin LINEA-USDT | +0.0087% | 4h | 0.002858 | −0.311% | $218K | $30K | 50x | as long as short |
| Lighter LINEA | +0.0096% | 1h | 0.002876 | +0.317% | $113K | $56K | 3x | as long as short |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002870 | +0.112% | $20K | $13 | 5x | as long as short |
| Binance LINEAUSDT | +0.0100% | 4h | 0.002868 | +0.024% | $4.1M | $3.9M | 50x | as long as short |
| Bybit LINEAUSDT | +0.0100% | 4h | 0.002866 | −0.032% | $2.9M | $839K | 50x | as long as short |
| OKX LINEA-USDT-SWAP | +0.0100% | 4h | 0.002864 | −0.102% | $1.2M | $965K | 50x | as long as short |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002870 | +0.108% | $236K | $78K | 50x | as long as short |
| MEXC LINEA_USDT | +0.0100% | 4h | 0.002868 | +0.038% | $4.0M | $1.0M | 100x | as long as short |
| KuCoin LINEAUSDTM | +0.0100% | 4h | 0.002869 | +0.073% | $572K | $61K | 50x | as long as short |
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 LINEAUSDTMShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget LINEAUSDT | +0.0100% | 4h | 0.002870 | +0.108% | $1.1M | $471K | 50x | as long as short |
| BingX LINEA-USDT | +0.0100% | 4h | 0.002867 | +0.003% | — | $2.6M | — | as long as short |
| Backpack LINEA_USDC_PERP | +0.0100% | 1h | 0.002872 | +0.188% | $90K | $61K | 10x | as long as short |
| Variational Omni LINEA | +0.0100% | 4h | 0.002853 | −0.503% | $110K | $56K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002871 | +0.128% | $150K | $2.3M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002870 | +0.108% | $2K | $20K | 50x | as long as short |
| SunX LINEA-USDT | +0.0100% | 4h | 0.002930 | +2.201% | $1K | $1.6M | 20x | as long as short |
| Extended LINEA-USD | +0.0104% | 1h | 0.002865 | −0.060% | $9K | $162K | 10x | as long as short |
| GMX LINEA/USD [ETH-USDC] | L +0.0180% / S +0.0151% | 1h | 0.002867 | +0.003% | $33K | — | 100x | as long as short |
| Reya LINEARUSDPERPlong | +0.0274% | 1h | 0.002867 | long leg | $4K | — | 3x | |
| Hyperliquid LINEAshort | +0.0361% | 1h | 0.002877 | +0.352% | $2.8M | $281K | 3x |
Bitget LINEAUSDT
BingX LINEA-USDT
Backpack LINEA_USDC_PERP
Variational Omni LINEA
GRVT LINEA_USDT_Perp
ApeX Omni LINEAUSDT
SunX LINEA-USDT
Extended LINEA-USD
GMX LINEA/USD [ETH-USDC]