Funding you earn now, next payment 04:00 UTC+0.0222%/8h= +24.3% APRnext payment +$1.11 per $10,000 · paid last 24h +0.054%
Price spread now: BloFin against Bybit+0.444%7-day average +0.344% · you sell dearer than you buy
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$1861.856% of the position
Funding, last 7 days+0.175%+$18 on $10k
+Price spread, last 4 days (all we have)−0.050%−$5 · spread now +0.444%, 7d avg +0.344%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.101% dearer against Bybit than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.344%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GOATUSDT | 0.01845 | 0.0100 | pay 0.0050% / 4h | 25m 14s | $1.9M | $1.0M | 25x |
| Short | BloFin GOAT-USDT | 0.01853 | 0.0322 | get 0.0161% / 4h | 25m 14s | $118K | $10K | 25x |
Bybit GOATUSDT
BloFin GOAT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $46.57
- Price spread: +0.444% → +0.344%
- $10.08
- Slippage, 4 orders
- −$162.59
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$128.95
- Costs to cover
- 1.856%
- Break-even
- 26.4 days
Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 3 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, 1 min ago | 10.84 bp | 63.7 bp −$64 | 237.4 bp −$2,374 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 2.70 bp | 22.4 bp −$22 | 103.8 bp −$1,038 | 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 | 0.01845 | long leg | $1.9M | $1.0M | 25x | |
| Gate GOAT_USDT | +0.0100% | 4h | 0.01846 | +0.043% | $277K | $170K | 25x | as long as short |
| KuCoin GOATUSDTM | +0.0100% | 4h | 0.01846 | +0.065% | $367K | $137K | 30x | as long as short |
| Variational Omni GOAT | +0.0100% | 4h | 0.01845 | −0.008% | $6K | $18K | — | as long as short |
| BloFin GOAT-USDTshort | +0.0322% | 4h | 0.01853 | +0.444% | $118K | $10K | 25x | |
| BingX GOAT-USDT | +0.0378% | 4h | 0.01848 | +0.173% | — | $6.6M | — | as long as short |
| MEXC GOAT_USDT | +0.0380% | 4h | 0.01851 | +0.336% | $422K | $157K | 200x | as long as short |
| Binance GOATUSDT | +0.0380% | 4h | 0.01852 | +0.376% | $1.8M | $2.8M | 25x | as long as short |
| Hyperliquid GOAT | +0.1511% | 1h | 0.01852 | +0.412% | $1.2M | $441K | 3x | as long as short |
| Orderly PERP_GOAT_USDC | +0.2041% | 4h | 0.01852 | +0.390% | $3K | $2K | 10x | as long as short |
Gate GOAT_USDT
KuCoin GOATUSDTM
Variational Omni GOAT
BingX GOAT-USDT
MEXC GOAT_USDT
Binance GOATUSDT
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 | +0.3328% | 1h | 0.01854 | +0.494% | $30K | $4K | 10x | as long as short |
Kraken Futures PF_GOATUSD