Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: BingX against BloFin−0.319%111s7-day average −0.197% · you buy dearer than you sell
Net, funding: paid 7d − costs−$197as 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−$1951.948% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 4 days (all we have)+0.159%+$16 · spread now −0.319%, 7d avg −0.197%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.122% cheaper against BloFin than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.197%. 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 | BingX GOAT-USDT | 0.01872 | 0.0246 | get 0.0123% / 4h | 1h 35m | — | $6.6M | — |
BloFin GOAT-USDT
BingX GOAT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$0.19
- Price spread: −0.319% → −0.197%
- −$12.21
- Slippage, 4 orders
- −$172.79
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$207.19
- Costs to cover
- 1.948%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 31 min ago; BingX: live order book, 6 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 BingX live order book, 6 min ago | 7.97 bp | 53.4 bp −$53 | 157.3 bp −$1,573 | 716.3 bp −$71.6K | 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 GOATUSDT | +0.0184% | 4h | 0.01874 | −0.192% | $1.9M | $3.1M | 25x | as long as short |
| MEXC GOAT_USDT | +0.0194% | 4h | 0.01874 | −0.213% | $433K | $162K | 200x | as long as short |
| BingX GOAT-USDTshort | +0.0246% | 4h | 0.01872 | −0.319% | — | $6.6M | — | |
| 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
Binance GOATUSDT
MEXC 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