Funding you earn now, next payment 04:00 UTC−0.0509%/8h= −55.7% APRpaid last 24h −0.236%
Price spread now: Binance against Hyperliquid0.000%7-day average −0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$301as in the Funding arb table
Net, price: spread back to 7d avg − costs−$189as in the Price arb table
costs, in and out, $10k−$1961.958% of the position
Funding, last 7 days−1.055%−$106 on $10k
+Price spread, last 7 days−0.024%−$2 · spread now 0.000%, 7d avg −0.069%
=Together, before fees−1.079%+ Points / potential airdropHyperliquid: Season 2 · farm board−$108 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.069% dearer against Hyperliquid than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.069%): +$7 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 11 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid GOAT | 0.01854 | 0.1044 | pay 0.0130% / 1h | 5m 09s | $1.2M | $442K | 3x |
| Short | Binance GOATUSDT | 0.01854 | 0.0535 | get 0.0267% / 4h | 5m 09s | $1.8M | $2.8M | 25x |
Hyperliquid GOAT
Binance GOATUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Hyperliquid. 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
- −$106.9
- Price spread: 0.000% → −0.069%
- $6.88
- Slippage, 4 orders
- −$176.81
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$295.83
- Costs to cover
- 1.958%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 5 min ago; Binance: live order book, 15 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 Hyperliquid live order book, 5 min ago | 3.78 bp | 53.6 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 2.70 bp | 33.7 bp −$34 | 183.3 bp −$1,833 | 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 | 0.01850 | −0.221% | $1.9M | $1.0M | 25x | as long as short |
| Gate GOAT_USDT | +0.0100% | 4h | 0.01850 | −0.200% | $281K | $172K | 25x | as long as short |
| KuCoin GOATUSDTM | +0.0100% | 4h | 0.01848 | −0.324% | $368K | $137K | 30x | as long as short |
| Variational Omni GOAT | +0.0100% | 4h | 0.01848 | −0.314% | $6K | $18K | — | as long as short |
| BingX GOAT-USDT | +0.0469% | 4h | 0.01851 | −0.162% | — | $6.6M | — | as long as short |
| BloFin GOAT-USDT | +0.0511% | 4h | 0.01855 | +0.054% | $119K | $10K | 25x | as long as short |
| MEXC GOAT_USDT | +0.0534% | 4h | 0.01853 | −0.054% | $423K | $158K | 200x | as long as short |
| Binance GOATUSDTshort | +0.0535% | 4h | 0.01854 | 0.000% | $1.8M | $2.8M | 25x | |
| Hyperliquid GOATlong | +0.1044% | 1h | 0.01854 | long leg | $1.2M | $442K | 3x | |
| Orderly PERP_GOAT_USDC | +0.2016% | 4h | 0.01854 | 0.000% | $3K | $2K | 10x | as long as short |
Bybit GOATUSDT
Gate GOAT_USDT
KuCoin GOATUSDTM
Variational Omni GOAT
BingX GOAT-USDT
BloFin GOAT-USDT
MEXC 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 | +0.3323% | 1h | 0.01857 | +0.138% | $30K | $4K | 10x | as long as short |
Kraken Futures PF_GOATUSD