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

GOAT

all GOAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.193%
Price spread now: Hyperliquid against Binance−0.009%7-day average +0.070% · 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+1.051%+$105 on $10k
Price spread, last 7 days+0.076%+$8 · spread now −0.009%, 7d avg +0.070%
Together, before fees+1.127%+ Points / potential airdropHyperliquid: Season 2 · farm board+$113 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Hyperliquid is 0.079% cheaper against Binance than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.070%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.051%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance GOATUSDT0.019020.0167pay 0.0083% / 4h2h 21m$1.9M$3.1M25x
ShortHyperliquid GOAT0.019010.0100get 0.0013% / 1h21m 53s$1.2M$489K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Binance. 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
−$14.04
Price spread: −0.009% → +0.070%
−$7.86
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$40.9
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 7 min ago; Hyperliquid: live order book, 2 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 Binance live order book, 7 min ago5.25 bp66.8 bp −$67697.1 bp −$6,971doesn't fitdoesn't fit
Sell Hyperliquid live order book, 2 min ago0.26 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

GOAT on 11 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid GOATshort+0.0100%1h0.01901−0.009%$1.2M$489K3x
Bybit GOATUSDT+0.0100%4h0.01897−0.240%$2.1M$1.4M25xas long as short
Gate GOAT_USDT+0.0100%4h0.01898−0.198%$278K$178K25xas long as short
KuCoin GOATUSDTM+0.0100%4h0.01895−0.345%$365K$107K30xas long as short
Variational Omni GOAT+0.0100%4h0.01897−0.234%$98K$109Kas long as short
BloFin GOAT-USDT+0.0160%4h0.01903+0.075%$121K$11K25xas long as short
Binance GOATUSDTlong+0.0167%4h0.01902long leg$1.9M$3.1M25x
MEXC GOAT_USDT+0.0168%4h0.01902+0.023%$449K$159K200xas long as short
BingX GOAT-USDT+0.0172%4h0.01897−0.240%$6.6Mas long as short
Orderly PERP_GOAT_USDC+0.1159%4h0.01900−0.082%$3K$31610xas long as short
Show all 11 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_GOATUSD+0.4904%1h0.01899−0.146%$31K$4K10xas long as short