Funding you earn now, next payment 04:00 UTC+0.0496%/8h= +54.4% APRpaid last 24h +0.235%
Price spread now: Hyperliquid against MEXC−0.022%7-day average +0.136% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1681.677% of the position
Funding, last 7 days+1.055%+$106 on $10k
+Price spread, last 4 days (all we have)+0.300%+$30 · spread now −0.022%, 7d avg +0.136%
=Together, before fees+1.355%+ Points / potential airdropHyperliquid: Season 2 · farm board+$136 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.158% cheaper against MEXC than usual: you would sell low and buy high (spread −0.022% now, against its 7-day average of +0.136%). If the spread goes back, that is −$16 on $10k: about 25 hours of funding at the current rate (+$15 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GOAT_USDT | 0.01855 | 0.0546 | pay 0.0273% / 4h | 3m 30s | $423K | $158K | 200x |
| Short | Hyperliquid GOAT | 0.01855 | 0.1042 | get 0.0130% / 1h | 3m 30s | $1.2M | $446K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against MEXC. 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
- $104.25
- Price spread: −0.022% → +0.136%
- −$15.78
- Slippage, 4 orders
- −$154.7
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$79.23
- Costs to cover
- 1.677%
- Break-even
- 12.3 days
Slippage from MEXC: live order book, 37 min ago; Hyperliquid: live order book, 7 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 MEXC live order book, 37 min ago | 2.72 bp | 34.0 bp −$34 | 175.3 bp −$1,753 | 220.0 bp −$22.0K | 273.8 bp −$136.9K |
| Sell Hyperliquid live order book, 7 min ago | 3.78 bp | 53.3 bp −$53 | 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 | 0.01850 | −0.270% | $1.9M | $1.0M | 25x | as long as short |
| Gate GOAT_USDT | +0.0100% | 4h | 0.01850 | −0.253% | $281K | $172K | 25x | as long as short |
| KuCoin GOATUSDTM | +0.0100% | 4h | 0.01848 | −0.377% | $368K | $137K | 30x | as long as short |
| Variational Omni GOAT | +0.0100% | 4h | 0.01848 | −0.368% | $6K | $18K | — | as long as short |
| BingX GOAT-USDT | +0.0472% | 4h | 0.01853 | −0.108% | — | $6.5M | — | as long as short |
| BloFin GOAT-USDT | +0.0511% | 4h | 0.01855 | 0.000% | $119K | $10K | 25x | as long as short |
| MEXC GOAT_USDTlong | +0.0546% | 4h | 0.01855 | long leg | $423K | $158K | 200x | |
| Binance GOATUSDT | +0.0562% | 4h | 0.01856 | +0.062% | $1.8M | $2.8M | 25x | as long as short |
| Hyperliquid GOATshort | +0.1042% | 1h | 0.01855 | −0.022% | $1.2M | $446K | 3x | |
| Orderly PERP_GOAT_USDC | +0.2001% | 4h | 0.01855 | 0.000% | $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 | +0.3322% | 1h | 0.01857 | +0.113% | $30K | $4K | 10x | as long as short |
MEXC GOAT_USDT
Hyperliquid GOAT
Bybit GOATUSDT
Gate GOAT_USDT
KuCoin GOATUSDTM
Variational Omni GOAT
BingX GOAT-USDT
BloFin GOAT-USDT
Binance GOATUSDT
Kraken Futures PF_GOATUSD