Funding you earn now, next payment 07:00 UTC−0.0201%/8h= −22.0% APRpaid last 24h −0.218%
Price spread now: MEXC against Hyperliquid−0.005%7-day average −0.137% · you buy dearer than you sell
Net, funding: paid 7d − costs−$267as in the Funding arb table
Net, price: spread back to 7d avg − costs−$149as in the Price arb table
costs, in and out, $10k−$1621.624% of the position
Funding, last 7 days−1.049%−$105 on $10k
+Price spread, last 4 days (all we have)−0.192%−$19 · spread now −0.005%, 7d avg −0.137%
=Together, before fees−1.241%+ Points / potential airdropHyperliquid: Season 2 · farm board−$124 on $10k · with fees, hour by hour
The price spread pays, funding is against you. MEXC is 0.132% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.005% now, against its 7-day average of −0.137%): +$13 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.2 days. At the pace of the last 7 days (−1.049% in total) that is about 21 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid GOAT | 0.01891 | 0.0449 | pay 0.0056% / 1h | 44m 34s | $1.2M | $488K | 3x |
| Short | MEXC GOAT_USDT | 0.01891 | 0.0248 | get 0.0124% / 4h | 1h 44m | $437K | $162K | 200x |
Hyperliquid GOAT
MEXC GOAT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$42.18
- Price spread: −0.005% → −0.137%
- $13.15
- Slippage, 4 orders
- −$149.41
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$191.43
- Costs to cover
- 1.624%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 6 min ago; MEXC: live order book, 46 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, 6 min ago | 1.85 bp | 49.6 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 46 min ago | 5.38 bp | 34.6 bp −$35 | 160.9 bp −$1,609 | 216.8 bp −$21.7K | 268.3 bp −$134.1K |
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 | 0.01890 | −0.074% | $2.1M | $1.4M | 25x | as long as short |
| Gate GOAT_USDT | +0.0100% | 4h | 0.01891 | +0.011% | $280K | $210K | 25x | as long as short |
| KuCoin GOATUSDTM | +0.0100% | 4h | 0.01887 | −0.217% | $367K | $129K | 30x | as long as short |
| Variational Omni GOAT | +0.0100% | 4h | 0.01879 | −0.631% | $97K | $109K | — | as long as short |
| BingX GOAT-USDT | +0.0240% | 4h | 0.01890 | −0.058% | — | $6.6M | — | as long as short |
| Binance GOATUSDT | +0.0246% | 4h | 0.01890 | −0.058% | $1.9M | $3.1M | 25x | as long as short |
| MEXC GOAT_USDTshort | +0.0248% | 4h | 0.01891 | −0.005% | $437K | $162K | 200x | |
| BloFin GOAT-USDT | +0.0301% | 4h | 0.01890 | −0.058% | $123K | $11K | 25x | as long as short |
| Hyperliquid GOATlong | +0.0449% | 1h | 0.01891 | long leg | $1.2M | $488K | 3x | |
| Orderly PERP_GOAT_USDC | +0.1581% | 4h | 0.01892 | +0.048% | $3K | $2K | 10x | as long as short |
Bybit GOATUSDT
Gate GOAT_USDT
KuCoin GOATUSDTM
Variational Omni GOAT
BingX GOAT-USDT
Binance GOATUSDT
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 | +0.2140% | 1h | 0.01894 | +0.136% | $31K | $4K | 10x | as long as short |
Kraken Futures PF_GOATUSD