GOAT

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0015%/8h= −1.7% APRnext payment −$0.08 per $10,000 · paid last 24h +0.067%

Price spread now: BloFin against KuCoin+0.583%50s7-day average +0.186% · you sell dearer than you buy

Net, funding: paid 7d − costs−$600as 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−$6076.068% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.067%+$7 on $10k

Price spread, last 4 days (all we have)−0.117%−$12 · spread now +0.583%, 7d avg +0.186%

Together, before fees−0.050%−$5 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.397% dearer against KuCoin than usual: you sell high and buy low (spread +0.583% now, against its 7-day average of +0.186%): +$40 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 3 months. Mind the row above: over the last 7 days funding on this pair paid +0.067%, so the current rate has only just turned against you. The two prices were read 50 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	KuCoin GOATUSDTM	0.01886	0.0100	pay 0.0050% / 4h	1h 56m	$370K	$100K	30x
Short	BloFin GOAT-USDT	0.01897	0.0085	get 0.0042% / 4h	1h 56m	$122K	$11K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee BloFinbpOrdersPrice spread, now +0.583%Rate

Funding earned: −$3.21
Price spread: +0.583% → +0.186%: $39.69
Slippage, 4 orders: −$582.83
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$570.35
Costs to cover: 6.068%
Break-even: never at this rate

Slippage from KuCoin: live order book, 48 min ago; BloFin: live order book, 46 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 KuCoin live order book, 48 min ago	34.75 bp	205.5 bp −$206	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 46 min ago	10.65 bp	38.3 bp −$38	113.8 bp −$1,138	doesn't fit	doesn't fit

GOAT on 11 exchanges

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
BloFin GOAT-USDTshort	+0.0085%	4h	0.01897	+0.583%	$122K	$11K	25x
Binance GOATUSDT	+0.0100%	4h	0.01889	+0.159%	$1.9M	$3.0M	25x	as long as short
Bybit GOATUSDT	+0.0100%	4h	0.01889	+0.164%	$2.1M	$1.4M	25x	as long as short
Gate GOAT_USDT	+0.0100%	4h	0.01889	+0.159%	$277K	$171K	25x	as long as short
MEXC GOAT_USDT	+0.0100%	4h	0.01891	+0.265%	$446K	$152K	200x	as long as short
KuCoin GOATUSDTMlong	+0.0100%	4h	0.01886	long leg	$370K	$100K	30x
Variational Omni GOAT	+0.0100%	4h	0.01884	−0.130%	$98K	$110K	—	as long as short
BingX GOAT-USDT	+0.0104%	4h	0.01890	+0.212%	—	$6.6M	—	as long as short
Hyperliquid GOAT	+0.0121%	1h	0.01891	+0.239%	$1.2M	$503K	3x	as long as short
Orderly PERP_GOAT_USDC	+0.1073%	4h	0.01889	+0.159%	$3K	$316	10x	as long as short

Show all 11 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_GOATUSD	+0.1368%	1h	0.01891	+0.275%	$31K	$4K	10x	as long as short