Funding you earn now, next payment 08:00 UTC−0.0194%/8h= −21.2% APRnext payment −$0.97 per $10,000 · paid last 24h −0.069%
Price spread now: Gate against BloFin−0.081%48s7-day average −0.248% · you buy dearer than you sell
Net, funding: paid 7d − costs−$277as 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−$2572.568% of the position
Funding, last 7 days−0.199%−$20 on $10k
+Price spread, last 4 days (all we have)−0.060%−$6 · spread now −0.081%, 7d avg −0.248%
=The price spread pays, funding is against you. Gate is 0.168% dearer against BloFin than usual: you sell high and buy low (spread −0.081% now, against its 7-day average of −0.248%): +$17 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.9 days. At the pace of the last 7 days (−0.199% in total) that is about 5.9 days. The two prices were read 48 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 | 0.01859 | 0.0294 | pay 0.0147% / 4h | 2h 22m | $122K | $11K | 25x |
| Short | Gate GOAT_USDT | 0.01858 | 0.0100 | get 0.0050% / 4h | 2h 22m | $269K | $207K | 25x |
BloFin GOAT-USDT
Gate GOAT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$40.74
- Price spread: −0.081% → −0.248%
- $16.76
- Slippage, 4 orders
- −$229.79
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$280.77
- Costs to cover
- 2.568%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 56 min ago; Gate: live order book, 20 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, 56 min ago | 2.61 bp | 18.6 bp −$19 | 218.2 bp −$2,182 | doesn't fit | doesn't fit |
| Sell Gate live order book, 20 min ago | 27.73 bp | 97.4 bp −$97 | doesn't fit | 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 | +0.522% | $2.0M | $1.3M | 25x | as long as short |
| Gate GOAT_USDTshort | +0.0100% | 4h | 0.01858 | −0.081% | $269K | $207K | 25x | |
| KuCoin GOATUSDTM | +0.0100% | 4h | 0.01856 | −0.161% | $364K | $128K | 30x | as long as short |
| Variational Omni GOAT | +0.0100% | 4h | 0.01853 | −0.312% | $95K | $109K | — | as long as short |
| Hyperliquid GOAT | +0.0234% | 1h | 0.01864 | +0.274% | $1.2M | $486K | 3x | as long as short |
| Binance GOATUSDT | +0.0254% | 4h | 0.01869 | +0.531% | $1.9M | $3.0M | 25x | as long as short |
| MEXC GOAT_USDT | +0.0262% | 4h | 0.01871 | +0.646% | $433K | $163K | 200x | as long as short |
| BloFin GOAT-USDTlong | +0.0294% | 4h | 0.01859 | long leg | $122K | $11K | 25x | |
| BingX GOAT-USDT | +0.0300% | 4h | 0.01862 | +0.161% | — | $6.6M | — | as long as short |
| Orderly PERP_GOAT_USDC | +0.1607% | 4h | 0.01866 | +0.377% | $3K | $2K | 10x | as long as short |
Bybit GOATUSDT
KuCoin GOATUSDTM
Variational Omni GOAT
Hyperliquid GOAT
Binance GOATUSDT
MEXC GOAT_USDT
BingX GOAT-USDT
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 | +0.3354% | 1h | 0.01873 | +0.745% | $30K | $4K | 10x | as long as short |
Kraken Futures PF_GOATUSD