Funding you earn now, next payment 08:00 UTC−0.0140%/8h= −15.3% APRnext payment −$0.70 per $10,000 · paid last 24h −0.065%
Price spread now: Bybit against BingX−0.302%7-day average −0.137% · you buy dearer than you sell
Net, funding: paid 7d − costs−$245as in the Funding arb table
Net, price: spread back to 7d avg − costs−$243as in the Price arb table
costs, in and out, $10k−$2272.268% of the position
Funding, last 7 days−0.180%−$18 on $10k
+Price spread, last 7 days+0.197%+$20 · spread now −0.302%, 7d avg −0.137%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bybit is 0.165% cheaper against BingX than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.137%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GOAT-USDT | 0.01886 | 0.0240 | pay 0.0120% / 4h | 1h 43m | — | $6.6M | — |
| Short | Bybit GOATUSDT | 0.01880 | 0.0100 | get 0.0050% / 4h | 1h 43m | $2.1M | $1.4M | 25x |
BingX GOAT-USDT
Bybit GOATUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$29.4
- Price spread: −0.302% → −0.137%
- −$16.5
- Slippage, 4 orders
- −$205.81
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$272.71
- Costs to cover
- 2.268%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; Bybit: live order book, 4 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, 9 min ago | 10.60 bp | 57.3 bp −$57 | 427.3 bp −$4,273 | 779.6 bp −$78.0K | doesn't fit |
| Sell Bybit live order book, 4 min ago | 7.98 bp | 60.7 bp −$61 | 254.4 bp −$2,544 | 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 GOATUSDTshort | +0.0100% | 4h | 0.01880 | −0.302% | $2.1M | $1.4M | 25x | |
| Gate GOAT_USDT | +0.0100% | 4h | 0.01888 | +0.090% | $279K | $210K | 25x | as long as short |
| KuCoin GOATUSDTM | +0.0100% | 4h | 0.01885 | −0.053% | $366K | $129K | 30x | as long as short |
| Variational Omni GOAT | +0.0100% | 4h | 0.01879 | −0.362% | $97K | $109K | — | as long as short |
| BingX GOAT-USDTlong | +0.0240% | 4h | 0.01886 | long leg | — | $6.6M | — | |
| MEXC GOAT_USDT | +0.0246% | 4h | 0.01885 | −0.053% | $436K | $162K | 200x | as long as short |
| Binance GOATUSDT | +0.0246% | 4h | 0.01884 | −0.089% | $1.9M | $3.1M | 25x | as long as short |
| BloFin GOAT-USDT | +0.0274% | 4h | 0.01890 | +0.212% | $123K | $11K | 25x | as long as short |
| Hyperliquid GOAT | +0.0418% | 1h | 0.01885 | −0.042% | $1.2M | $488K | 3x | as long as short |
| Orderly PERP_GOAT_USDC | +0.1578% | 4h | 0.01885 | −0.053% | $3K | $2K | 10x | as long as short |
Gate GOAT_USDT
KuCoin GOATUSDTM
Variational Omni GOAT
MEXC GOAT_USDT
Binance GOATUSDT
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 | +0.2145% | 1h | 0.01889 | +0.171% | $30K | $4K | 10x | as long as short |
Kraken Futures PF_GOATUSD