Settings8H · net · $10k
Funding arb · Price arb /

GOAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0987%/8h= +108.1% APRpaid last 24h +0.208%
Price spread now: Hyperliquid against Binance+0.101%7-day average +0.109% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$236as in the Price arb table
costs, in and out, $10k−$2352.353% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.002%+$100 on $10k
Price spread, last 4 days (all we have)−0.003%$0 · spread now +0.101%, 7d avg +0.109%
Together, before fees+0.999%+ Points / potential airdropHyperliquid: Season 2 · farm board+$100 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.109%, so right now this pair is about funding alone: +$30 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance GOATUSDT0.018690.0234pay 0.0117% / 4h3h 05m$1.8M$2.8M25x
ShortHyperliquid GOAT0.018710.1221get 0.0153% / 1h5m 52s$1.2M$473K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Binance. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$207.28
Price spread: +0.101% → +0.109%
−$0.78
Slippage, 4 orders
−$216.25
Fee Binance: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$28.76
Costs to cover
2.353%
Break-even
8.0 days
Slippage from Binance: live order book, 15 min ago; Hyperliquid: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 15 min ago5.36 bp78.4 bp −$78638.9 bp −$6,389doesn't fitdoesn't fit
Sell Hyperliquid live order book, 5 min ago2.14 bp56.2 bp −$56doesn't fitdoesn't fitdoesn't fit

GOAT on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit GOATUSDT+0.0100%4h0.01863−0.311%$1.9M$967K25xas long as short
Gate GOAT_USDT+0.0100%4h0.01863−0.338%$285K$168K25xas long as short
KuCoin GOATUSDTM+0.0100%4h0.01864−0.284%$368K$168K30xas long as short
Variational Omni GOAT+0.0100%4h0.01861−0.463%$6K$18Kas long as short
MEXC GOAT_USDT+0.0232%4h0.01868−0.070%$441K$157K200xas long as short
Binance GOATUSDTlong+0.0234%4h0.01869long leg$1.8M$2.8M25x
BingX GOAT-USDT+0.0238%4h0.01866−0.177%$6.6Mas long as short
BloFin GOAT-USDT+0.0272%4h0.01870+0.037%$120K$19K25xas long as short
Hyperliquid GOATshort+0.1221%1h0.01871+0.101%$1.2M$473K3x
Orderly PERP_GOAT_USDC+0.1945%4h0.01868−0.070%$3K$2K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_GOATUSD+0.3783%1h0.01869−0.026%$30K$4K10xas long as short