Funding you earn now, next payment 08:00 UTC−0.1362%/8h= −149.2% APRnext payment −$6.81 per $10,000 · paid last 24h −0.367%
Price spread now: Binance against Orderly+0.003%49s7-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—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$41 a day on $10k at the current rate. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_GOAT_USDC | 0.01876 | 0.1557 | pay 0.0778% / 4h | 1h 37m | $3K | $2K | 10x |
| Short | Binance GOATUSDT | 0.01876 | 0.0194 | get 0.0097% / 4h | 1h 37m | $1.9M | $3.1M | 25x |
Orderly PERP_GOAT_USDC
Binance GOATUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Orderly. 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
- −$286.09
- Price spread: +0.003% → 0.000%
- $0.27
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$301.82
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Binance: live order book, 13 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 13 min ago | 5.28 bp | 20.3 bp −$20 | 179.7 bp −$1,797 | doesn't fit | doesn't fit |
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 | 0.01871 | −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 GOATUSDTM | +0.0100% | 4h | 0.01876 | 0.000% | $365K | $129K | 30x | as long as short |
| Variational Omni GOAT | +0.0100% | 4h | 0.01876 | +0.009% | $97K | $109K | — | as long as short |
| Binance GOATUSDTshort | +0.0194% | 4h | 0.01876 | +0.003% | $1.9M | $3.1M | 25x | |
| 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 GOAT | +0.0517% | 1h | 0.01876 | 0.000% | $1.2M | $487K | 3x | as long as short |
| Orderly PERP_GOAT_USDClong | +0.1557% | 4h | 0.01876 | long leg | $3K | $2K | 10x |
Bybit GOATUSDT
Gate GOAT_USDT
KuCoin GOATUSDTM
Variational Omni GOAT
MEXC GOAT_USDT
BingX GOAT-USDT
BloFin GOAT-USDT
Hyperliquid GOATShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GOATUSD | +0.2157% | 1h | 0.01878 | +0.121% | $30K | $4K | 10x | as long as short |
Kraken Futures PF_GOATUSD