Funding you earn now, next payment 08:00 UTC−0.1747%/8h= −191.3% APRnext payment −$8.73 per $10,000 · paid last 24h −0.436%
Price spread now: Gate against Orderly−0.254%7-day average — · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$52 a day on $10k at the current rate, and Gate is 0.254% cheaper against Orderly than usual: you would sell low and buy high (−$25 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_GOAT_USDC | 0.01928 | 0.1847 | pay 0.0923% / 4h | 3h 12m | $3K | $2K | 10x |
| Short | Gate GOAT_USDT | 0.01923 | 0.0100 | get 0.0050% / 4h | 3h 12m | $285K | $196K | 25x |
Orderly PERP_GOAT_USDC
Gate GOAT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$366.83
- Price spread: −0.254% → 0.000%
- −$25.41
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$413.25
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Gate: live order book, 34 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 Gate live order book, 34 min ago | 27.37 bp | 112.2 bp −$112 | doesn't fit | 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 | 0.01923 | −0.265% | $2.1M | $1.3M | 25x | as long as short |
| Gate GOAT_USDTshort | +0.0100% | 4h | 0.01923 | −0.254% | $285K | $196K | 25x | |
| KuCoin GOATUSDTM | +0.0100% | 4h | 0.01920 | −0.415% | $376K | $143K | 30x | as long as short |
| Variational Omni GOAT | +0.0100% | 4h | 0.01929 | +0.034% | $98K | $109K | — | as long as short |
| BingX GOAT-USDT | +0.0450% | 4h | 0.01926 | −0.104% | — | $6.6M | — | as long as short |
| MEXC GOAT_USDT | +0.0512% | 4h | 0.01928 | 0.000% | $438K | $161K | 200x | as long as short |
| Binance GOATUSDT | +0.0519% | 4h | 0.01926 | −0.104% | $1.9M | $2.9M | 25x | as long as short |
| BloFin GOAT-USDT | +0.0532% | 4h | 0.01923 | −0.259% | $121K | $11K | 25x | as long as short |
| Hyperliquid GOAT | +0.0784% | 1h | 0.01929 | +0.052% | $1.2M | $488K | 3x | as long as short |
| Orderly PERP_GOAT_USDClong | +0.1847% | 4h | 0.01928 | long leg | $3K | $2K | 10x |
Bybit GOATUSDT
KuCoin GOATUSDTM
Variational Omni GOAT
BingX GOAT-USDT
MEXC GOAT_USDT
Binance GOATUSDT
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 | +0.2832% | 1h | 0.01927 | −0.062% | $31K | $4K | 10x | as long as short |
Kraken Futures PF_GOATUSD