Funding you earn now, next payment 06:00 UTC+0.0109%/8h= +11.9% APRpaid last 24h +0.234%
Price spread now: Hyperliquid against BingX+0.102%7-day average +0.190% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$219as in the Price arb table
costs, in and out, $10k−$2102.100% of the position
Funding, last 7 days+1.054%+$105 on $10k
+Price spread, last 7 days+0.012%+$1 · spread now +0.102%, 7d avg +0.190%
=Together, before fees+1.066%+ Points / potential airdropHyperliquid: Season 2 · farm board+$107 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.088% cheaper against BingX than usual: you would sell low and buy high (spread +0.102% now, against its 7-day average of +0.190%). If the spread goes back, that is −$9 on $10k: about 2.7 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+1.054% in total) that is about 14 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GOAT-USDT | 0.01861 | 0.0352 | pay 0.0176% / 4h | 2h 32m | — | $6.6M | — |
| Short | Hyperliquid GOAT | 0.01863 | 0.0461 | get 0.0058% / 1h | 32m 07s | $1.2M | $486K | 3x |
BingX GOAT-USDT
Hyperliquid GOATFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against BingX. 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
- $22.9
- Price spread: +0.102% → +0.190%
- −$8.81
- Slippage, 4 orders
- −$191.05
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$195.96
- Costs to cover
- 2.100%
- Break-even
- 66.9 days
Slippage from BingX: live order book, 5 min ago; Hyperliquid: live order book, 8 min ago.
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 BingX live order book, 5 min ago | 5.33 bp | 47.8 bp −$48 | 342.6 bp −$3,426 | 773.5 bp −$77.3K | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 5.85 bp | 50.1 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
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 | 0.01858 | −0.167% | $2.0M | $1.3M | 25x | as long as short |
| Gate GOAT_USDT | +0.0100% | 4h | 0.01858 | −0.188% | $269K | $207K | 25x | as long as short |
| KuCoin GOATUSDTM | +0.0100% | 4h | 0.01861 | 0.000% | $365K | $129K | 30x | as long as short |
| Variational Omni GOAT | +0.0100% | 4h | 0.01873 | +0.629% | $96K | $109K | — | as long as short |
| Binance GOATUSDT | +0.0320% | 4h | 0.01861 | +0.019% | $1.9M | $3.0M | 25x | as long as short |
| MEXC GOAT_USDT | +0.0328% | 4h | 0.01861 | 0.000% | $432K | $162K | 200x | as long as short |
| BloFin GOAT-USDT | +0.0343% | 4h | 0.01865 | +0.215% | $122K | $11K | 25x | as long as short |
| BingX GOAT-USDTlong | +0.0352% | 4h | 0.01861 | long leg | — | $6.6M | — | |
| Hyperliquid GOATshort | +0.0461% | 1h | 0.01863 | +0.102% | $1.2M | $486K | 3x | |
| Orderly PERP_GOAT_USDC | +0.1700% | 4h | 0.01862 | +0.054% | $3K | $2K | 10x | as long as short |
Bybit GOATUSDT
Gate GOAT_USDT
KuCoin GOATUSDTM
Variational Omni GOAT
Binance GOATUSDT
MEXC GOAT_USDT
BloFin GOAT-USDT
Orderly PERP_GOAT_USDCShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GOATUSD | +0.3372% | 1h | 0.01863 | +0.101% | $30K | $4K | 10x | as long as short |
Kraken Futures PF_GOATUSD