Funding you earn now, next payment 04:00 UTC+0.1975%/8h= +216.2% APRnext payment +$9.87 per $10,000 · paid last 24h +0.394%
Price spread now: Orderly against Bybit+0.489%7-day average — · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$59 a day on $10k at the current rate, and Orderly is 0.489% dearer against Bybit than usual: you sell high and buy low: +$49 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 | Bybit GOATUSDT | 0.01841 | 0.0100 | pay 0.0050% / 4h | 1h 15m | $1.9M | $997K | 25x |
| Short | Orderly PERP_GOAT_USDC | 0.01850 | 0.2075 | get 0.1037% / 4h | 1h 15m | $3K | $2K | 10x |
Bybit GOATUSDT
Orderly PERP_GOAT_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Bybit. 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
- $414.71
- Price spread: +0.489% → 0.000%
- $48.89
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $446.59
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 2 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 Bybit live order book, 2 min ago | 10.85 bp | 55.3 bp −$55 | 228.0 bp −$2,280 | 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 GOATUSDTlong | +0.0100% | 4h | 0.01841 | long leg | $1.9M | $997K | 25x | |
| Gate GOAT_USDT | +0.0100% | 4h | 0.01842 | +0.076% | $277K | $171K | 25x | as long as short |
| KuCoin GOATUSDTM | +0.0100% | 4h | 0.01846 | +0.272% | $368K | $155K | 30x | as long as short |
| Variational Omni GOAT | +0.0100% | 4h | 0.01843 | +0.089% | $6K | $18K | — | as long as short |
| BingX GOAT-USDT | +0.0240% | 4h | 0.01845 | +0.217% | — | $6.6M | — | as long as short |
| BloFin GOAT-USDT | +0.0246% | 4h | 0.01852 | +0.598% | $119K | $15K | 25x | as long as short |
| MEXC GOAT_USDT | +0.0276% | 4h | 0.01849 | +0.435% | $425K | $158K | 200x | as long as short |
| Binance GOATUSDT | +0.0293% | 4h | 0.01850 | +0.489% | $1.8M | $2.8M | 25x | as long as short |
| Hyperliquid GOAT | +0.1902% | 1h | 0.01850 | +0.489% | $1.2M | $449K | 3x | as long as short |
| Orderly PERP_GOAT_USDCshort | +0.2075% | 4h | 0.01850 | +0.489% | $3K | $2K | 10x |
Gate GOAT_USDT
KuCoin GOATUSDTM
Variational Omni GOAT
BingX GOAT-USDT
BloFin GOAT-USDT
MEXC GOAT_USDT
Binance GOATUSDT
Hyperliquid GOATShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GOATUSD | +0.3353% | 1h | 0.01854 | +0.705% | $30K | $4K | 10x | as long as short |
Kraken Futures PF_GOATUSD