Funding you earn now, next payment 04:00 UTC−0.0080%/8h= −8.8% APRnext payment −$0.40 per $10,000 · paid last 24h +0.001%
Price spread now: BingX against Binance−0.108%7-day average −0.120% · you buy dearer than you sell
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1701.696% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 7 days+0.035%+$3 · spread now −0.108%, 7d avg −0.120%
=The price spread sits at its 7-day average of −0.120%, so right now this pair is about funding alone: −$2 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 | 0.01855 | 0.0562 | pay 0.0281% / 4h | 2m 31s | $1.8M | $2.8M | 25x |
| Short | BingX GOAT-USDT | 0.01853 | 0.0482 | get 0.0241% / 4h | 2m 31s | — | $6.5M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$16.79
- Price spread: −0.108% → −0.120%
- $1.2
- Slippage, 4 orders
- −$149.62
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$185.2
- Costs to cover
- 1.696%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; BingX: live order book, 9 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, 3 min ago | 5.39 bp | 50.6 bp −$51 | 610.2 bp −$6,102 | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 10.81 bp | 37.2 bp −$37 | 161.3 bp −$1,613 | 719.2 bp −$71.9K | 1079.9 bp −$540.0K |
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 | 0.01851 | −0.243% | $1.9M | $1.0M | 25x | as long as short |
| Gate GOAT_USDT | +0.0100% | 4h | 0.01850 | −0.253% | $281K | $172K | 25x | as long as short |
| KuCoin GOATUSDTM | +0.0100% | 4h | 0.01852 | −0.162% | $368K | $137K | 30x | as long as short |
| Variational Omni GOAT | +0.0100% | 4h | 0.01848 | −0.368% | $6K | $18K | — | as long as short |
| BingX GOAT-USDTshort | +0.0482% | 4h | 0.01853 | −0.108% | — | $6.5M | — | |
| BloFin GOAT-USDT | +0.0509% | 4h | 0.01855 | 0.000% | $119K | $10K | 25x | as long as short |
| MEXC GOAT_USDT | +0.0560% | 4h | 0.01855 | 0.000% | $423K | $158K | 200x | as long as short |
| Binance GOATUSDTlong | +0.0562% | 4h | 0.01855 | long leg | $1.8M | $2.8M | 25x | |
| Hyperliquid GOAT | +0.1043% | 1h | 0.01855 | 0.000% | $1.2M | $448K | 3x | as long as short |
| Orderly PERP_GOAT_USDC | +0.2001% | 4h | 0.01855 | 0.000% | $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 | +0.3319% | 1h | 0.01859 | +0.189% | $30K | $4K | 10x | as long as short |
Binance GOATUSDT
BingX GOAT-USDT
Bybit GOATUSDT
Gate GOAT_USDT
KuCoin GOATUSDTM
Variational Omni GOAT
BloFin GOAT-USDT
MEXC GOAT_USDT
Hyperliquid GOAT
Kraken Futures PF_GOATUSD