Funding you earn now, next payment 08:00 UTC+0.0146%/8h= +16.0% APRnext payment +$0.73 per $10,000 · paid last 24h +0.069%
Price spread now: Binance against Gate−0.179%7-day average +0.185% · you buy dearer than you sell
Net, funding: paid 7d − costs−$245as in the Funding arb table
Net, price: spread back to 7d avg − costs−$300as in the Price arb table
costs, in and out, $10k−$2632.635% of the position
Funding, last 7 days+0.187%+$19 on $10k
+Price spread, last 4 days (all we have)+0.371%+$37 · spread now −0.179%, 7d avg +0.185%
=Funding pays, the price is against you. Binance is 0.364% cheaper against Gate than usual: you would sell low and buy high (spread −0.179% now, against its 7-day average of +0.185%). If the spread goes back, that is −$36 on $10k: about 8.3 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GOAT_USDT | 0.01888 | 0.0100 | pay 0.0050% / 4h | 1h 43m | $279K | $210K | 25x |
| Short | Binance GOATUSDT | 0.01884 | 0.0246 | get 0.0123% / 4h | 1h 43m | $1.9M | $3.1M | 25x |
Gate GOAT_USDT
Binance GOATUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $30.73
- Price spread: −0.179% → +0.185%
- −$36.39
- Slippage, 4 orders
- −$238.45
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$269.11
- Costs to cover
- 2.635%
- Break-even
- 68.3 days
Slippage from Gate: live order book, 59 min ago; Binance: 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 Gate live order book, 59 min ago | 27.73 bp | 87.5 bp −$87 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 5.28 bp | 20.3 bp −$20 | 179.7 bp −$1,797 | 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 | 0.01880 | −0.392% | $2.1M | $1.4M | 25x | as long as short |
| Gate GOAT_USDTlong | +0.0100% | 4h | 0.01888 | long leg | $279K | $210K | 25x | |
| KuCoin GOATUSDTM | +0.0100% | 4h | 0.01885 | −0.143% | $366K | $129K | 30x | as long as short |
| Variational Omni GOAT | +0.0100% | 4h | 0.01879 | −0.452% | $97K | $109K | — | as long as short |
| BingX GOAT-USDT | +0.0240% | 4h | 0.01886 | −0.090% | — | $6.6M | — | as long as short |
| MEXC GOAT_USDT | +0.0246% | 4h | 0.01885 | −0.143% | $436K | $162K | 200x | as long as short |
| Binance GOATUSDTshort | +0.0246% | 4h | 0.01884 | −0.179% | $1.9M | $3.1M | 25x | |
| BloFin GOAT-USDT | +0.0274% | 4h | 0.01890 | +0.122% | $123K | $11K | 25x | as long as short |
| Hyperliquid GOAT | +0.0418% | 1h | 0.01885 | −0.132% | $1.2M | $488K | 3x | as long as short |
| Orderly PERP_GOAT_USDC | +0.1578% | 4h | 0.01885 | −0.143% | $3K | $2K | 10x | as long as short |
Bybit GOATUSDT
KuCoin GOATUSDTM
Variational Omni GOAT
BingX GOAT-USDT
MEXC GOAT_USDT
BloFin 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 | +0.2145% | 1h | 0.01889 | +0.081% | $30K | $4K | 10x | as long as short |
Kraken Futures PF_GOATUSD