Funding you earn now, next payment 04:00 UTC+0.0194%/8h= +21.2% APRnext payment +$0.97 per $10,000 · paid last 24h +0.055%
Price spread now: Binance against Bybit+0.273%7-day average +0.253% · you sell dearer than you buy
Net, funding: paid 7d − costs−$214as in the Funding arb table
Net, price: spread back to 7d avg − costs−$228as in the Price arb table
costs, in and out, $10k−$2302.301% of the position
Funding, last 7 days+0.162%+$16 on $10k
+Price spread, last 7 days−0.179%−$18 · spread now +0.273%, 7d avg +0.253%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Binance is 0.020% dearer against Bybit than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.253%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GOATUSDT | 0.01829 | 0.0100 | pay 0.0050% / 4h | 51m 42s | $1.9M | $1.0M | 25x |
| Short | Binance GOATUSDT | 0.01834 | 0.0294 | get 0.0147% / 4h | 51m 42s | $1.8M | $2.8M | 25x |
Bybit GOATUSDT
Binance GOATUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $40.66
- Price spread: +0.273% → +0.253%
- $2.02
- Slippage, 4 orders
- −$209.07
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$187.4
- Costs to cover
- 2.301%
- Break-even
- 39.3 days
Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 14 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 Bybit live order book, 5 min ago | 10.88 bp | 54.8 bp −$55 | 233.2 bp −$2,332 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 2.71 bp | 53.0 bp −$53 | 222.9 bp −$2,229 | 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 GOATUSDTlong | +0.0100% | 4h | 0.01829 | long leg | $1.9M | $1.0M | 25x | |
| Gate GOAT_USDT | +0.0100% | 4h | 0.01834 | +0.295% | $276K | $168K | 25x | as long as short |
| KuCoin GOATUSDTM | +0.0100% | 4h | 0.01833 | +0.219% | $365K | $147K | 30x | as long as short |
| Variational Omni GOAT | +0.0100% | 4h | 0.01837 | +0.421% | $6K | $18K | — | as long as short |
| BloFin GOAT-USDT | +0.0227% | 4h | 0.01844 | +0.820% | $119K | $15K | 25x | as long as short |
| BingX GOAT-USDT | +0.0280% | 4h | 0.01831 | +0.109% | — | $6.6M | — | as long as short |
| MEXC GOAT_USDT | +0.0288% | 4h | 0.01834 | +0.273% | $420K | $155K | 200x | as long as short |
| Binance GOATUSDTshort | +0.0294% | 4h | 0.01834 | +0.273% | $1.8M | $2.8M | 25x | |
| Orderly PERP_GOAT_USDC | +0.2038% | 4h | 0.01838 | +0.492% | $3K | $2K | 10x | as long as short |
| Hyperliquid GOAT | +0.2252% | 1h | 0.01835 | +0.328% | $1.2M | $441K | 3x | as long as short |
Gate GOAT_USDT
KuCoin GOATUSDTM
Variational Omni GOAT
BloFin GOAT-USDT
BingX GOAT-USDT
MEXC GOAT_USDT
Orderly PERP_GOAT_USDC
Hyperliquid GOATShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GOATUSD | +0.3366% | 1h | 0.01833 | +0.213% | $30K | $4K | 10x | as long as short |
Kraken Futures PF_GOATUSD