Funding you earn now, next payment 04:00 UTC−0.0190%/8h= −20.8% APRnext payment −$0.95 per $10,000 · paid last 24h −0.055%
Price spread now: Gate against Binance−0.011%7-day average −0.186% · you buy dearer than you sell
Net, funding: paid 7d − costs−$431as in the Funding arb table
Net, price: spread back to 7d avg − costs−$397as in the Price arb table
costs, in and out, $10k−$4154.150% of the position
Funding, last 7 days−0.162%−$16 on $10k
+Price spread, last 4 days (all we have)−0.426%−$43 · spread now −0.011%, 7d avg −0.186%
=The price spread pays, funding is against you. Gate is 0.176% dearer against Binance than usual: you sell high and buy low (spread −0.011% now, against its 7-day average of −0.186%): +$18 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 3.1 days. At the pace of the last 7 days (−0.162% in total) that is about 7.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GOATUSDT | 0.01837 | 0.0290 | pay 0.0145% / 4h | 52m 34s | $1.8M | $2.8M | 25x |
| Short | Gate GOAT_USDT | 0.01837 | 0.0100 | get 0.0050% / 4h | 52m 34s | $276K | $168K | 25x |
Binance GOATUSDT
Gate GOAT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$39.89
- Price spread: −0.011% → −0.186%
- $17.55
- Slippage, 4 orders
- −$390.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$437.35
- Costs to cover
- 4.150%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; Gate: live order book, 64 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, 13 min ago | 2.71 bp | 57.9 bp −$58 | 639.8 bp −$6,398 | doesn't fit | doesn't fit |
| Sell Gate live order book, 64 min ago | 22.19 bp | 83.8 bp −$84 | 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 | 0.01832 | −0.272% | $1.9M | $1.0M | 25x | as long as short |
| Gate GOAT_USDTshort | +0.0100% | 4h | 0.01837 | −0.011% | $276K | $168K | 25x | |
| KuCoin GOATUSDTM | +0.0100% | 4h | 0.01834 | −0.163% | $365K | $147K | 30x | as long as short |
| Variational Omni GOAT | +0.0100% | 4h | 0.01837 | −0.016% | $6K | $18K | — | as long as short |
| BloFin GOAT-USDT | +0.0227% | 4h | 0.01844 | +0.381% | $119K | $15K | 25x | as long as short |
| MEXC GOAT_USDT | +0.0278% | 4h | 0.01838 | +0.054% | $421K | $155K | 200x | as long as short |
| BingX GOAT-USDT | +0.0280% | 4h | 0.01836 | −0.054% | — | $6.6M | — | as long as short |
| Binance GOATUSDTlong | +0.0290% | 4h | 0.01837 | long leg | $1.8M | $2.8M | 25x | |
| Orderly PERP_GOAT_USDC | +0.2035% | 4h | 0.01842 | +0.272% | $3K | $2K | 10x | as long as short |
| Hyperliquid GOAT | +0.2246% | 1h | 0.01841 | +0.218% | $1.2M | $441K | 3x | as long as short |
Bybit GOATUSDT
KuCoin GOATUSDTM
Variational Omni GOAT
BloFin GOAT-USDT
MEXC GOAT_USDT
BingX GOAT-USDT
Orderly PERP_GOAT_USDC
Hyperliquid GOATShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GOATUSD | +0.3351% | 1h | 0.01841 | +0.213% | $30K | $4K | 10x | as long as short |
Kraken Futures PF_GOATUSD