Funding you earn now, next payment 08:00 UTC+0.0218%/8h= +23.9% APRnext payment +$1.09 per $10,000 · paid last 24h +0.065%
Price spread now: BingX against Bybit+0.222%7-day average +0.137% · you sell dearer than you buy
Net, funding: paid 7d − costs−$217as in the Funding arb table
Net, price: spread back to 7d avg − costs−$227as in the Price arb table
costs, in and out, $10k−$2362.355% of the position
Funding, last 7 days+0.180%+$18 on $10k
+Price spread, last 7 days−0.138%−$14 · spread now +0.222%, 7d avg +0.137%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BingX is 0.085% dearer against Bybit than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.137%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GOATUSDT | 0.01894 | 0.0100 | pay 0.0050% / 4h | 1h 59m | $2.1M | $1.3M | 25x |
| Short | BingX GOAT-USDT | 0.01898 | 0.0318 | get 0.0159% / 4h | 1h 59m | — | $6.6M | — |
Bybit GOATUSDT
BingX GOAT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $45.78
- Price spread: +0.222% → +0.137%
- $8.49
- Slippage, 4 orders
- −$214.54
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$181.27
- Costs to cover
- 2.355%
- Break-even
- 34.7 days
Slippage from Bybit: live order book, 2 min ago; BingX: live order book, 7 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, 2 min ago | 7.94 bp | 57.9 bp −$58 | 223.6 bp −$2,236 | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 10.55 bp | 57.0 bp −$57 | 163.1 bp −$1,631 | 678.9 bp −$67.9K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid GOAT | +0.0100% | 1h | 0.01901 | +0.380% | $1.2M | $487K | 3x | as long as short |
| Bybit GOATUSDTlong | +0.0100% | 4h | 0.01894 | long leg | $2.1M | $1.3M | 25x | |
| Gate GOAT_USDT | +0.0100% | 4h | 0.01897 | +0.185% | $280K | $210K | 25x | as long as short |
| KuCoin GOATUSDTM | +0.0100% | 4h | 0.01892 | −0.095% | $368K | $129K | 30x | as long as short |
| Variational Omni GOAT | +0.0100% | 4h | 0.01889 | −0.272% | $97K | $109K | — | as long as short |
| BloFin GOAT-USDT | +0.0259% | 4h | 0.01893 | −0.042% | $121K | $11K | 25x | as long as short |
| Binance GOATUSDT | +0.0292% | 4h | 0.01901 | +0.403% | $1.9M | $3.0M | 25x | as long as short |
| MEXC GOAT_USDT | +0.0296% | 4h | 0.01900 | +0.327% | $439K | $161K | 200x | as long as short |
| BingX GOAT-USDTshort | +0.0318% | 4h | 0.01898 | +0.222% | — | $6.6M | — | |
| Orderly PERP_GOAT_USDC | +0.1624% | 4h | 0.01901 | +0.380% | $3K | $2K | 10x | as long as short |
Hyperliquid GOAT
Gate GOAT_USDT
KuCoin GOATUSDTM
Variational Omni GOAT
BloFin GOAT-USDT
Binance GOATUSDT
MEXC 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 | +0.3310% | 1h | 0.01897 | +0.194% | $31K | $4K | 10x | as long as short |
Kraken Futures PF_GOATUSD