Funding you earn now, next payment 04:00 UTC+0.0237%/8h= +26.0% APRpaid last 24h −0.117%
Price spread now: Hyperliquid against Orderly0.000%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_GOAT_USDC | 0.01842 | 0.2030 | pay 0.1015% / 4h | 54m 05s | $3K | $2K | 10x |
| Short | Hyperliquid GOAT | 0.01842 | 0.2267 | get 0.0283% / 1h | 54m 05s | $1.2M | $440K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $49.8
- Price spread: 0.000% → 0.000%
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $34.8
- Costs to cover
- 0.150%
- Break-even
- 2.1 days
Slippage unknown: Orderly: no order-book sample; Hyperliquid: live order book, 6 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 Hyperliquid live order book, 6 min ago | 1.36 bp | 20.7 bp −$21 | 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 | 0.01833 | −0.489% | $1.9M | $1.0M | 25x | as long as short |
| Gate GOAT_USDT | +0.0100% | 4h | 0.01838 | −0.228% | $277K | $168K | 25x | as long as short |
| KuCoin GOATUSDTM | +0.0100% | 4h | 0.01836 | −0.326% | $364K | $154K | 30x | as long as short |
| Variational Omni GOAT | +0.0100% | 4h | 0.01837 | −0.288% | $6K | $18K | — | as long as short |
| MEXC GOAT_USDT | +0.0260% | 4h | 0.01841 | −0.054% | $421K | $155K | 200x | as long as short |
| BingX GOAT-USDT | +0.0260% | 4h | 0.01838 | −0.217% | — | $6.6M | — | as long as short |
| BloFin GOAT-USDT | +0.0276% | 4h | 0.01845 | +0.163% | $120K | $15K | 25x | as long as short |
| Binance GOATUSDT | +0.0280% | 4h | 0.01842 | +0.001% | $1.8M | $2.8M | 25x | as long as short |
| Orderly PERP_GOAT_USDClong | +0.2030% | 4h | 0.01842 | long leg | $3K | $2K | 10x | |
| Hyperliquid GOATshort | +0.2267% | 1h | 0.01842 | 0.000% | $1.2M | $440K | 3x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GOATUSD | +0.3346% | 1h | 0.01844 | +0.097% | $30K | $4K | 10x | as long as short |
Hyperliquid GOAT
Bybit GOATUSDT
Gate GOAT_USDT
KuCoin GOATUSDTM
Variational Omni GOAT
MEXC GOAT_USDT
BingX GOAT-USDT
BloFin GOAT-USDT
Binance GOATUSDT
Kraken Futures PF_GOATUSD