Funding you earn now, next payment 08:00 UTC+0.1354%/8h= +148.2% APRnext payment +$6.77 per $10,000 · paid last 24h +0.367%
Price spread now: Orderly against Binance−0.374%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Orderly is 0.374% cheaper against Binance than usual: you would sell low and buy high (spread −0.374% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$37 on $10k: about 22 hours of funding at the current rate (+$41 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GOATUSDT | 0.01873 | 0.0254 | pay 0.0127% / 4h | 2h 21m | $1.9M | $3.0M | 25x |
| Short | Orderly PERP_GOAT_USDC | 0.01866 | 0.1607 | get 0.0804% / 4h | 2h 21m | $3K | $2K | 10x |
Binance GOATUSDT
Orderly PERP_GOAT_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Binance. 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
- $284.26
- Price spread: −0.374% → 0.000%
- −$37.37
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $230.89
- Costs to cover
- 0.160%
- Break-even
- 1.3 days
Slippage unknown: Binance: live order book, 14 min ago; Orderly: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 14 min ago | 2.65 bp | 56.0 bp −$56 | 516.4 bp −$5,164 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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.
GOAT on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit GOATUSDT | +0.0100% | 4h | 0.01869 | −0.230% | $2.0M | $1.3M | 25x | as long as short |
| Gate GOAT_USDT | +0.0100% | 4h | 0.01864 | −0.481% | $270K | $207K | 25x | as long as short |
| KuCoin GOATUSDTM | +0.0100% | 4h | 0.01856 | −0.908% | $364K | $128K | 30x | as long as short |
| Variational Omni GOAT | +0.0100% | 4h | 0.01853 | −1.057% | $95K | $109K | — | as long as short |
| Hyperliquid GOAT | +0.0229% | 1h | 0.01872 | −0.069% | $1.2M | $486K | 3x | as long as short |
| Binance GOATUSDTlong | +0.0254% | 4h | 0.01873 | long leg | $1.9M | $3.0M | 25x | |
| MEXC GOAT_USDT | +0.0262% | 4h | 0.01871 | −0.107% | $433K | $163K | 200x | as long as short |
| BloFin GOAT-USDT | +0.0294% | 4h | 0.01859 | −0.747% | $122K | $11K | 25x | as long as short |
| BingX GOAT-USDT | +0.0300% | 4h | 0.01872 | −0.053% | — | $6.6M | — | as long as short |
| Orderly PERP_GOAT_USDCshort | +0.1607% | 4h | 0.01866 | −0.374% | $3K | $2K | 10x |
Bybit GOATUSDT
Gate GOAT_USDT
KuCoin GOATUSDTM
Variational Omni GOAT
Hyperliquid GOAT
MEXC GOAT_USDT
BloFin GOAT-USDT
BingX GOAT-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GOATUSD | +0.3354% | 1h | 0.01873 | −0.008% | $30K | $4K | 10x | as long as short |
Kraken Futures PF_GOATUSD