Funding you earn now, next payment 08:00 UTC+0.0152%/8h= +16.6% APRnext payment +$0.76 per $10,000 · paid last 24h +0.069%
Price spread now: MEXC against Gate+0.374%7-day average +0.157% · you sell dearer than you buy
Net, funding: paid 7d − costs−$239as in the Funding arb table
Net, price: spread back to 7d avg − costs−$236as in the Price arb table
costs, in and out, $10k−$2582.575% of the position
Funding, last 7 days+0.186%+$19 on $10k
+Price spread, last 4 days (all we have)−0.294%−$29 · spread now +0.374%, 7d avg +0.157%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and MEXC is 0.217% dearer against Gate than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.157%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GOAT_USDT | 0.01871 | 0.0100 | pay 0.0050% / 4h | 2h 20m | $272K | $207K | 25x |
| Short | MEXC GOAT_USDT | 0.01878 | 0.0252 | get 0.0126% / 4h | 2h 20m | $434K | $163K | 200x |
Gate GOAT_USDT
MEXC GOAT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $31.92
- Price spread: +0.374% → +0.157%
- $21.67
- Slippage, 4 orders
- −$238.52
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$203.93
- Costs to cover
- 2.575%
- Break-even
- 51.7 days
Slippage from Gate: live order book, 21 min ago; MEXC: live order book, 10 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 MEXC live order book, 10 min ago | 5.38 bp | 34.6 bp −$35 | 160.9 bp −$1,609 | 216.8 bp −$21.7K | 268.3 bp −$134.1K |
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 | 0.01873 | +0.118% | $2.0M | $1.3M | 25x | as long as short |
| Gate GOAT_USDTlong | +0.0100% | 4h | 0.01871 | long leg | $272K | $207K | 25x | |
| KuCoin GOATUSDTM | +0.0100% | 4h | 0.01868 | −0.160% | $366K | $129K | 30x | as long as short |
| Variational Omni GOAT | +0.0100% | 4h | 0.01867 | −0.231% | $96K | $109K | — | as long as short |
| Hyperliquid GOAT | +0.0218% | 1h | 0.01880 | +0.508% | $1.2M | $486K | 3x | as long as short |
| MEXC GOAT_USDTshort | +0.0252% | 4h | 0.01878 | +0.374% | $434K | $163K | 200x | |
| Binance GOATUSDT | +0.0252% | 4h | 0.01880 | +0.469% | $1.9M | $3.0M | 25x | as long as short |
| BloFin GOAT-USDT | +0.0285% | 4h | 0.01874 | +0.160% | $121K | $11K | 25x | as long as short |
| BingX GOAT-USDT | +0.0300% | 4h | 0.01873 | +0.107% | — | $6.6M | — | as long as short |
| Orderly PERP_GOAT_USDC | +0.1603% | 4h | 0.01872 | +0.053% | $3K | $2K | 10x | as long as short |
Bybit GOATUSDT
KuCoin GOATUSDTM
Variational Omni GOAT
Hyperliquid GOAT
Binance GOATUSDT
BloFin GOAT-USDT
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 | +0.376% | $30K | $4K | 10x | as long as short |
Kraken Futures PF_GOATUSD