Funding you earn now, next payment 07:00 UTC−0.0417%/8h= −45.6% APRpaid last 24h −0.287%
Price spread now: KuCoin against Hyperliquid−0.053%7-day average −0.238% · you buy dearer than you sell
Net, funding: paid 7d − costs−$637as in the Funding arb table
Net, price: spread back to 7d avg − costs−$508as in the Price arb table
costs, in and out, $10k−$5275.266% of the position
Funding, last 7 days−1.106%−$111 on $10k
+Price spread, last 4 days (all we have)−0.268%−$27 · spread now −0.053%, 7d avg −0.238%
=Together, before fees−1.373%+ Points / potential airdropHyperliquid: Season 2 · farm board−$137 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.184% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.053% now, against its 7-day average of −0.238%): +$18 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 35 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid GOAT | 0.01876 | 0.0517 | pay 0.0065% / 1h | 37m 15s | $1.2M | $487K | 3x |
| Short | KuCoin GOATUSDTM | 0.01875 | 0.0100 | get 0.0050% / 4h | 1h 37m | $365K | $129K | 30x |
Hyperliquid GOAT
KuCoin GOATUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$87.54
- Price spread: −0.053% → −0.238%
- $18.45
- Slippage, 4 orders
- −$505.6
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$595.7
- Costs to cover
- 5.266%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 3 min ago; KuCoin: live order book, 6 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, 3 min ago | 2.13 bp | 32.8 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 26.57 bp | 275.5 bp −$275 | 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 | 0.01871 | −0.267% | $2.1M | $1.4M | 25x | as long as short |
| Gate GOAT_USDT | +0.0100% | 4h | 0.01877 | +0.053% | $278K | $210K | 25x | as long as short |
| KuCoin GOATUSDTMshort | +0.0100% | 4h | 0.01875 | −0.053% | $365K | $129K | 30x | |
| Variational Omni GOAT | +0.0100% | 4h | 0.01876 | +0.009% | $97K | $109K | — | as long as short |
| Binance GOATUSDT | +0.0194% | 4h | 0.01876 | 0.000% | $1.9M | $3.1M | 25x | as long as short |
| MEXC GOAT_USDT | +0.0204% | 4h | 0.01876 | 0.000% | $434K | $162K | 200x | as long as short |
| BingX GOAT-USDT | +0.0246% | 4h | 0.01877 | +0.053% | — | $6.6M | — | as long as short |
| BloFin GOAT-USDT | +0.0247% | 4h | 0.01878 | +0.107% | $122K | $11K | 25x | as long as short |
| Hyperliquid GOATlong | +0.0517% | 1h | 0.01876 | long leg | $1.2M | $487K | 3x | |
| Orderly PERP_GOAT_USDC | +0.1551% | 4h | 0.01877 | +0.053% | $3K | $2K | 10x | as long as short |
Bybit GOATUSDT
Gate GOAT_USDT
Variational Omni GOAT
Binance GOATUSDT
MEXC GOAT_USDT
BingX 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 | +0.2160% | 1h | 0.01876 | −0.019% | $30K | $4K | 10x | as long as short |
Kraken Futures PF_GOATUSD