Funding you earn now, next payment 06:00 UTC+0.0971%/8h= +106.4% APRpaid last 24h +0.136%
Price spread now: Orderly against Hyperliquid+0.027%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and Orderly is 0.027% dearer against Hyperliquid than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid GOAT | 0.01886 | 0.0787 | pay 0.0098% / 1h | 40m 15s | $1.2M | $492K | 3x |
| Short | Orderly PERP_GOAT_USDC | 0.01887 | 0.1758 | get 0.0879% / 4h | 2h 40m | $3K | $2K | 10x |
Hyperliquid GOAT
Orderly PERP_GOAT_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $204.01
- Price spread: +0.027% → 0.000%
- $2.65
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $191.66
- Costs to cover
- 0.150%
- Break-even
- 0.4 days
Slippage unknown: Hyperliquid: live order book, 10 min ago; Orderly: no order-book sample. Net counts fees only.
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 | 1.58 bp | 38.9 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.01875 | −0.631% | $2.1M | $1.3M | 25x | as long as short |
| Gate GOAT_USDT | +0.0100% | 4h | 0.01885 | −0.080% | $273K | $206K | 25x | as long as short |
| KuCoin GOATUSDTM | +0.0100% | 4h | 0.01878 | −0.451% | $365K | $128K | 30x | as long as short |
| Variational Omni GOAT | +0.0100% | 4h | 0.01892 | +0.275% | $97K | $109K | — | as long as short |
| BloFin GOAT-USDT | +0.0308% | 4h | 0.01897 | +0.557% | $123K | $11K | 25x | as long as short |
| MEXC GOAT_USDT | +0.0360% | 4h | 0.01878 | −0.451% | $435K | $162K | 200x | as long as short |
| Binance GOATUSDT | +0.0362% | 4h | 0.01880 | −0.345% | $1.9M | $3.0M | 25x | as long as short |
| BingX GOAT-USDT | +0.0388% | 4h | 0.01886 | −0.027% | — | $6.6M | — | as long as short |
| Hyperliquid GOATlong | +0.0787% | 1h | 0.01886 | long leg | $1.2M | $492K | 3x | |
| Orderly PERP_GOAT_USDCshort | +0.1758% | 4h | 0.01887 | +0.027% | $3K | $2K | 10x |
Bybit GOATUSDT
Gate GOAT_USDT
KuCoin GOATUSDTM
Variational Omni GOAT
BloFin GOAT-USDT
MEXC GOAT_USDT
Binance GOATUSDT
BingX GOAT-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GOATUSD | +0.3348% | 1h | 0.01876 | −0.553% | $30K | $4K | 10x | as long as short |
Kraken Futures PF_GOATUSD