Funding you earn now, next payment 06:00 UTC−0.0373%/8h= −40.8% APRpaid last 24h −0.300%
Price spread now: Gate against Hyperliquid−0.150%7-day average −0.294% · you buy dearer than you sell
Net, funding: paid 7d − costs−$415as in the Funding arb table
Net, price: spread back to 7d avg − costs−$277as in the Price arb table
costs, in and out, $10k−$2912.912% of the position
Funding, last 7 days−1.235%−$123 on $10k
+Price spread, last 4 days (all we have)−0.109%−$11 · spread now −0.150%, 7d avg −0.294%
=Together, before fees−1.344%+ Points / potential airdropHyperliquid: Season 2 · farm board−$134 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.144% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.150% now, against its 7-day average of −0.294%): +$14 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 31 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid GOAT | 0.01863 | 0.0473 | pay 0.0059% / 1h | 32m 29s | $1.2M | $486K | 3x |
| Short | Gate GOAT_USDT | 0.01861 | 0.0100 | get 0.0050% / 4h | 2h 32m | $270K | $207K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$78.27
- Price spread: −0.150% → −0.294%
- $14.39
- Slippage, 4 orders
- −$267.21
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$355.09
- Costs to cover
- 2.912%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; Gate: live order book, 9 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, 8 min ago | 5.85 bp | 56.2 bp −$56 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 9 min ago | 27.73 bp | 97.4 bp −$97 | 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 | 0.01857 | −0.343% | $2.0M | $1.3M | 25x | as long as short |
| Gate GOAT_USDTshort | +0.0100% | 4h | 0.01861 | −0.150% | $270K | $207K | 25x | |
| KuCoin GOATUSDTM | +0.0100% | 4h | 0.01860 | −0.182% | $365K | $129K | 30x | as long as short |
| Variational Omni GOAT | +0.0100% | 4h | 0.01873 | +0.500% | $96K | $109K | — | as long as short |
| Binance GOATUSDT | +0.0320% | 4h | 0.01862 | −0.065% | $1.9M | $3.0M | 25x | as long as short |
| MEXC GOAT_USDT | +0.0328% | 4h | 0.01862 | −0.075% | $432K | $162K | 200x | as long as short |
| BloFin GOAT-USDT | +0.0343% | 4h | 0.01865 | +0.086% | $122K | $11K | 25x | as long as short |
| BingX GOAT-USDT | +0.0352% | 4h | 0.01862 | −0.075% | — | $6.6M | — | as long as short |
| Hyperliquid GOATlong | +0.0473% | 1h | 0.01863 | long leg | $1.2M | $486K | 3x | |
| Orderly PERP_GOAT_USDC | +0.1700% | 4h | 0.01862 | −0.075% | $3K | $2K | 10x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GOATUSD | +0.3372% | 1h | 0.01862 | −0.055% | $30K | $4K | 10x | as long as short |
Hyperliquid GOAT
Gate GOAT_USDT
Bybit GOATUSDT
KuCoin GOATUSDTM
Variational Omni GOAT
Binance GOATUSDT
MEXC GOAT_USDT
BloFin GOAT-USDT
BingX GOAT-USDT
Kraken Futures PF_GOATUSD