Funding you earn now, next payment 08:00 UTC−0.0063%/8h= −6.9% APRnext payment −$0.31 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BloFin−0.192%111s7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1641.644% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)+0.190%+$19 · spread now −0.192%, 7d avg −0.058%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.133% cheaper against BloFin than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.058%). Swap the legs. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin GOAT-USDT | 0.01878 | 0.0247 | pay 0.0123% / 4h | 1h 35m | $122K | $11K | 25x |
| Short | Binance GOATUSDT | 0.01874 | 0.0184 | get 0.0092% / 4h | 1h 35m | $1.9M | $3.1M | 25x |
BloFin GOAT-USDT
Binance GOATUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$13.22
- Price spread: −0.192% → −0.058%
- −$13.32
- Slippage, 4 orders
- −$142.36
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$190.9
- Costs to cover
- 1.644%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 31 min ago; Binance: live order book, 15 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 BloFin live order book, 31 min ago | 5.28 bp | 31.6 bp −$32 | 290.8 bp −$2,908 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 5.28 bp | 20.3 bp −$20 | 179.7 bp −$1,797 | 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 | 0.01869 | −0.485% | $2.1M | $1.4M | 25x | as long as short |
| Gate GOAT_USDT | +0.0100% | 4h | 0.01874 | −0.213% | $277K | $210K | 25x | as long as short |
| KuCoin GOATUSDTM | +0.0100% | 4h | 0.01872 | −0.319% | $364K | $129K | 30x | as long as short |
| Variational Omni GOAT | +0.0100% | 4h | 0.01869 | −0.497% | $96K | $109K | — | as long as short |
| Binance GOATUSDTshort | +0.0184% | 4h | 0.01874 | −0.192% | $1.9M | $3.1M | 25x | |
| MEXC GOAT_USDT | +0.0194% | 4h | 0.01874 | −0.213% | $433K | $162K | 200x | as long as short |
| BingX GOAT-USDT | +0.0246% | 4h | 0.01872 | −0.319% | — | $6.6M | — | as long as short |
| BloFin GOAT-USDTlong | +0.0247% | 4h | 0.01878 | long leg | $122K | $11K | 25x | |
| Hyperliquid GOAT | +0.0533% | 1h | 0.01874 | −0.197% | $1.2M | $487K | 3x | as long as short |
| Orderly PERP_GOAT_USDC | +0.1534% | 4h | 0.01874 | −0.213% | $3K | $2K | 10x | as long as short |
Bybit GOATUSDT
Gate GOAT_USDT
KuCoin GOATUSDTM
Variational Omni GOAT
MEXC GOAT_USDT
BingX 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 | +0.2163% | 1h | 0.01873 | −0.270% | $30K | $4K | 10x | as long as short |
Kraken Futures PF_GOATUSD