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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GOATUSDT | 0.01869 | 0.0234 | pay 0.0117% / 4h | 3h 05m | $1.8M | $2.8M | 25x |
| Short | Hyperliquid GOAT | 0.01871 | 0.1221 | get 0.0153% / 1h | 5m 52s | $1.2M | $473K | 3x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 15 min ago | 5.36 bp | 78.4 bp −$78 | 638.9 bp −$6,389 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 5 min ago | 2.14 bp | 56.2 bp −$56 | 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 | 0.01863 | −0.311% | $1.9M | $967K | 25x | as long as short |
| Gate GOAT_USDT | +0.0100% | 4h | 0.01863 | −0.338% | $285K | $168K | 25x | as long as short |
| KuCoin GOATUSDTM | +0.0100% | 4h | 0.01864 | −0.284% | $368K | $168K | 30x | as long as short |
| Variational Omni GOAT | +0.0100% | 4h | 0.01861 | −0.463% | $6K | $18K | — | as long as short |
| MEXC GOAT_USDT | +0.0232% | 4h | 0.01868 | −0.070% | $441K | $157K | 200x | as long as short |
| Binance GOATUSDTlong | +0.0234% | 4h | 0.01869 | long leg | $1.8M | $2.8M | 25x | |
| BingX GOAT-USDT | +0.0238% | 4h | 0.01866 | −0.177% | — | $6.6M | — | as long as short |
| BloFin GOAT-USDT | +0.0272% | 4h | 0.01870 | +0.037% | $120K | $19K | 25x | as long as short |
| Hyperliquid GOATshort | +0.1221% | 1h | 0.01871 | +0.101% | $1.2M | $473K | 3x | |
| Orderly PERP_GOAT_USDC | +0.1945% | 4h | 0.01868 | −0.070% | $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 | +0.3783% | 1h | 0.01869 | −0.026% | $30K | $4K | 10x | as long as short |
Binance GOATUSDT
Hyperliquid GOAT
Bybit GOATUSDT
Gate GOAT_USDT
KuCoin GOATUSDTM
Variational Omni GOAT
MEXC GOAT_USDT
BingX GOAT-USDT
BloFin GOAT-USDT
Kraken Futures PF_GOATUSD