Funding you earn now, next payment 07:00 UTC+0.0196%/8h= +21.5% APRpaid last 24h −0.221%
Price spread now: BingX against Hyperliquid−0.138%7-day average −0.190% · you buy dearer than you sell
Net, funding: paid 7d − costs−$306as in the Funding arb table
Net, price: spread back to 7d avg − costs−$196as in the Price arb table
costs, in and out, $10k−$2012.010% of the position
Funding, last 7 days−1.054%−$105 on $10k
+Price spread, last 7 days+0.023%+$2 · spread now −0.138%, 7d avg −0.190%
=Together, before fees−1.031%+ Points / potential airdropHyperliquid: Season 2 · farm board−$103 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BingX is 0.053% dearer against Hyperliquid than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.190%. Mind the row above: over the last 7 days funding on this pair cost −1.054%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid GOAT | 0.01890 | 0.0100 | pay 0.0013% / 1h | 50m 53s | $1.2M | $488K | 3x |
| Short | BingX GOAT-USDT | 0.01887 | 0.0296 | get 0.0148% / 4h | 1h 50m | — | $6.6M | — |
Hyperliquid GOAT
BingX GOAT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $41.16
- Price spread: −0.138% → −0.190%
- $5.26
- Slippage, 4 orders
- −$181.99
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$154.57
- Costs to cover
- 2.010%
- Break-even
- 33.3 days
Slippage from Hyperliquid: live order book, 10 min ago; BingX: 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, 10 min ago | 2.63 bp | 53.4 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 15 min ago | 10.55 bp | 57.0 bp −$57 | 163.1 bp −$1,631 | 678.9 bp −$67.9K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid GOATlong | +0.0100% | 1h | 0.01890 | long leg | $1.2M | $488K | 3x | |
| Bybit GOATUSDT | +0.0100% | 4h | 0.01884 | −0.296% | $2.1M | $1.4M | 25x | as long as short |
| Gate GOAT_USDT | +0.0100% | 4h | 0.01885 | −0.243% | $279K | $210K | 25x | as long as short |
| KuCoin GOATUSDTM | +0.0100% | 4h | 0.01886 | −0.191% | $367K | $129K | 30x | as long as short |
| Variational Omni GOAT | +0.0100% | 4h | 0.01881 | −0.445% | $97K | $109K | — | as long as short |
| BloFin GOAT-USDT | +0.0200% | 4h | 0.01888 | −0.085% | $122K | $11K | 25x | as long as short |
| Binance GOATUSDT | +0.0251% | 4h | 0.01888 | −0.090% | $1.9M | $3.1M | 25x | as long as short |
| MEXC GOAT_USDT | +0.0260% | 4h | 0.01887 | −0.138% | $436K | $161K | 200x | as long as short |
| BingX GOAT-USDTshort | +0.0296% | 4h | 0.01887 | −0.138% | — | $6.6M | — | |
| Orderly PERP_GOAT_USDC | +0.1575% | 4h | 0.01888 | −0.085% | $3K | $2K | 10x | as long as short |
Bybit GOATUSDT
Gate GOAT_USDT
KuCoin GOATUSDTM
Variational Omni GOAT
BloFin GOAT-USDT
Binance GOATUSDT
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 | +0.2148% | 1h | 0.01886 | −0.184% | $30K | $4K | 10x | as long as short |
Kraken Futures PF_GOATUSD