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: BloFin against Gate−0.482%108s7-day average +0.248% · you buy dearer than you sell
Net, funding: paid 7d − costs−$237as 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)+0.623%+$62 · spread now −0.482%, 7d avg +0.248%
=Funding pays, the price is against you. BloFin is 0.730% cheaper against Gate than usual: you would sell low and buy high (spread −0.482% now, against its 7-day average of +0.248%). If the spread goes back, that is −$73 on $10k: about 13 days of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.199% in total) that is about 26 days. The two prices were read 108 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 | Gate GOAT_USDT | 0.01868 | 0.0100 | pay 0.0050% / 4h | 2h 21m | $271K | $207K | 25x |
| Short | BloFin GOAT-USDT | 0.01859 | 0.0294 | get 0.0147% / 4h | 2h 21m | $122K | $11K | 25x |
Gate GOAT_USDT
BloFin GOAT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $40.74
- Price spread: −0.482% → +0.248%
- −$73.01
- Slippage, 4 orders
- −$229.79
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$289.06
- Costs to cover
- 2.568%
- Break-even
- 56.7 days
Slippage from Gate: live order book, 21 min ago; BloFin: live order book, 57 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, 21 min ago | 27.73 bp | 87.5 bp −$87 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 57 min ago | 2.61 bp | 53.3 bp −$53 | 189.6 bp −$1,896 | 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 | +0.048% | $2.0M | $1.3M | 25x | as long as short |
| Gate GOAT_USDTlong | +0.0100% | 4h | 0.01868 | long leg | $271K | $207K | 25x | |
| KuCoin GOATUSDTM | +0.0100% | 4h | 0.01865 | −0.161% | $366K | $128K | 30x | as long as short |
| Variational Omni GOAT | +0.0100% | 4h | 0.01853 | −0.793% | $95K | $109K | — | as long as short |
| Hyperliquid GOAT | +0.0217% | 1h | 0.01872 | +0.214% | $1.2M | $486K | 3x | as long as short |
| MEXC GOAT_USDT | +0.0252% | 4h | 0.01872 | +0.214% | $433K | $163K | 200x | as long as short |
| Binance GOATUSDT | +0.0252% | 4h | 0.01870 | +0.107% | $1.9M | $3.0M | 25x | as long as short |
| BloFin GOAT-USDTshort | +0.0294% | 4h | 0.01859 | −0.482% | $122K | $11K | 25x | |
| BingX GOAT-USDT | +0.0300% | 4h | 0.01872 | +0.214% | — | $6.6M | — | as long as short |
| Orderly PERP_GOAT_USDC | +0.1603% | 4h | 0.01872 | +0.214% | $3K | $2K | 10x | as long as short |
Bybit GOATUSDT
KuCoin GOATUSDTM
Variational Omni GOAT
Hyperliquid GOAT
MEXC GOAT_USDT
Binance GOATUSDT
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 | +0.3344% | 1h | 0.01878 | +0.537% | $30K | $4K | 10x | as long as short |
Kraken Futures PF_GOATUSD