Funding you earn now, next payment 08:00 UTC+0.0069%/8h= +7.5% APRnext payment +$0.34 per $10,000 · paid last 24h +0.004%
Price spread now: Binance against BingX+0.096%7-day average +0.120% · you sell dearer than you buy
Net, funding: paid 7d − costs−$260as in the Funding arb table
Net, price: spread back to 7d avg − costs−$263as in the Price arb table
costs, in and out, $10k−$2612.607% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 7 days−0.033%−$3 · spread now +0.096%, 7d avg +0.120%
=Funding pays, the price is against you. Binance is 0.024% cheaper against BingX than usual: you would sell low and buy high (spread +0.096% now, against its 7-day average of +0.120%). If the spread goes back, that is −$2 on $10k: about 27 hours of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.006% in total) that is about 26 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GOAT-USDT | 0.01927 | 0.0450 | pay 0.0225% / 4h | 3h 12m | — | $6.5M | — |
| Short | Binance GOATUSDT | 0.01929 | 0.0519 | get 0.0259% / 4h | 3h 12m | $1.9M | $2.9M | 25x |
BingX GOAT-USDT
Binance GOATUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- $14.45
- Price spread: +0.096% → +0.120%
- −$2.35
- Slippage, 4 orders
- −$240.74
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$248.65
- Costs to cover
- 2.607%
- Break-even
- 127.5 days
Slippage from BingX: live order book, 8 min ago; Binance: live order book, 8 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 BingX live order book, 8 min ago | 10.56 bp | 61.6 bp −$62 | 424.9 bp −$4,249 | 740.6 bp −$74.1K | doesn't fit |
| Sell Binance live order book, 8 min ago | 2.63 bp | 63.7 bp −$64 | 241.2 bp −$2,412 | 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 | 0.01923 | −0.202% | $2.1M | $1.3M | 25x | as long as short |
| Gate GOAT_USDT | +0.0100% | 4h | 0.01923 | −0.202% | $285K | $196K | 25x | as long as short |
| KuCoin GOATUSDTM | +0.0100% | 4h | 0.01920 | −0.363% | $376K | $143K | 30x | as long as short |
| Variational Omni GOAT | +0.0100% | 4h | 0.01929 | +0.086% | $98K | $109K | — | as long as short |
| BingX GOAT-USDTlong | +0.0450% | 4h | 0.01927 | long leg | — | $6.5M | — | |
| Binance GOATUSDTshort | +0.0519% | 4h | 0.01929 | +0.096% | $1.9M | $2.9M | 25x | |
| MEXC GOAT_USDT | +0.0524% | 4h | 0.01927 | 0.000% | $438K | $161K | 200x | as long as short |
| BloFin GOAT-USDT | +0.0532% | 4h | 0.01923 | −0.208% | $121K | $11K | 25x | as long as short |
| Hyperliquid GOAT | +0.0784% | 1h | 0.01929 | +0.104% | $1.2M | $488K | 3x | as long as short |
| Orderly PERP_GOAT_USDC | +0.1847% | 4h | 0.01928 | +0.052% | $3K | $2K | 10x | as long as short |
Bybit GOATUSDT
Gate GOAT_USDT
KuCoin GOATUSDTM
Variational Omni GOAT
MEXC GOAT_USDT
BloFin GOAT-USDT
Hyperliquid GOAT
Orderly PERP_GOAT_USDCShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GOATUSD | +0.2832% | 1h | 0.01927 | −0.011% | $31K | $4K | 10x | as long as short |
Kraken Futures PF_GOATUSD