Funding you earn now, next payment 08:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.23 per $10,000 · paid last 24h +0.003%
Price spread now: MEXC against BingX+0.160%7-day average +0.115% · you sell dearer than you buy
Net, funding: paid 7d − costs−$167as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1681.678% of the position
Funding, last 7 days+0.005%+$1 on $10k
+Price spread, last 4 days (all we have)−0.083%−$8 · spread now +0.160%, 7d avg +0.115%
=The price spread pays, funding is against you. MEXC is 0.045% dearer against BingX than usual: you sell high and buy low (spread +0.160% now, against its 7-day average of +0.115%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GOAT-USDT | 0.01876 | 0.0386 | pay 0.0193% / 4h | 2h 37m | — | $6.6M | — |
| Short | MEXC GOAT_USDT | 0.01879 | 0.0340 | get 0.0170% / 4h | 2h 37m | $436K | $162K | 200x |
BingX GOAT-USDT
MEXC GOAT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$9.66
- Price spread: +0.160% → +0.115%
- $4.51
- Slippage, 4 orders
- −$153.81
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$172.96
- Costs to cover
- 1.678%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; MEXC: live order book, 58 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 | 7.91 bp | 51.1 bp −$51 | 365.4 bp −$3,654 | 779.7 bp −$78.0K | doesn't fit |
| Sell MEXC live order book, 58 min ago | 5.32 bp | 46.7 bp −$47 | 172.1 bp −$1,721 | 209.6 bp −$21.0K | 258.5 bp −$129.2K |
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 | 0.01873 | −0.181% | $2.1M | $1.3M | 25x | as long as short |
| Gate GOAT_USDT | +0.0100% | 4h | 0.01872 | −0.208% | $271K | $207K | 25x | as long as short |
| KuCoin GOATUSDTM | +0.0100% | 4h | 0.01875 | −0.053% | $368K | $129K | 30x | as long as short |
| Variational Omni GOAT | +0.0100% | 4h | 0.01892 | +0.836% | $97K | $109K | — | as long as short |
| MEXC GOAT_USDTshort | +0.0340% | 4h | 0.01879 | +0.160% | $436K | $162K | 200x | |
| Binance GOATUSDT | +0.0341% | 4h | 0.01879 | +0.185% | $1.9M | $3.0M | 25x | as long as short |
| BloFin GOAT-USDT | +0.0358% | 4h | 0.01880 | +0.213% | $124K | $11K | 25x | as long as short |
| BingX GOAT-USDTlong | +0.0386% | 4h | 0.01876 | long leg | — | $6.6M | — | |
| Hyperliquid GOAT | +0.0643% | 1h | 0.01879 | +0.139% | $1.2M | $486K | 3x | as long as short |
| Orderly PERP_GOAT_USDC | +0.1737% | 4h | 0.01878 | +0.107% | $3K | $2K | 10x | as long as short |
Bybit GOATUSDT
Gate GOAT_USDT
KuCoin GOATUSDTM
Variational Omni GOAT
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 | +0.3349% | 1h | 0.01876 | −0.017% | $30K | $4K | 10x | as long as short |
Kraken Futures PF_GOATUSD