Funding you earn now, next payment 08:00 UTC−0.0064%/8h= −7.0% APRnext payment −$0.32 per $10,000 · paid last 24h −0.003%
Price spread now: BingX against MEXC0.000%7-day average −0.115% · you sell dearer than you buy
Net, funding: paid 7d − costs−$191as in the Funding arb table
Net, price: spread back to 7d avg − costs−$179as in the Price arb table
costs, in and out, $10k−$1901.901% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)−0.077%−$8 · spread now 0.000%, 7d avg −0.115%
=The price spread pays, funding is against you. BingX is 0.115% dearer against MEXC than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.115%): +$11 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.0 days. At the pace of the last 7 days (−0.005% in total) that is about 5 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GOAT_USDT | 0.01880 | 0.0338 | pay 0.0169% / 4h | 2h 17m | $435K | $163K | 200x |
| Short | BingX GOAT-USDT | 0.01880 | 0.0274 | get 0.0137% / 4h | 2h 17m | — | $6.6M | — |
MEXC GOAT_USDT
BingX GOAT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against MEXC. 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
- −$13.44
- Price spread: 0.000% → −0.115%
- $11.48
- Slippage, 4 orders
- −$176.11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$192.07
- Costs to cover
- 1.901%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 13 min ago; BingX: live order book, 4 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 MEXC live order book, 13 min ago | 5.38 bp | 38.0 bp −$38 | 176.7 bp −$1,767 | 215.7 bp −$21.6K | 265.8 bp −$132.9K |
| Sell BingX live order book, 4 min ago | 10.68 bp | 61.4 bp −$61 | 174.8 bp −$1,748 | 668.8 bp −$66.9K | 1136.6 bp −$568.3K |
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 | 0.01876 | −0.218% | $2.1M | $1.3M | 25x | as long as short |
| Gate GOAT_USDT | +0.0100% | 4h | 0.01874 | −0.319% | $272K | $207K | 25x | as long as short |
| KuCoin GOATUSDTM | +0.0100% | 4h | 0.01873 | −0.372% | $364K | $129K | 30x | as long as short |
| Variational Omni GOAT | +0.0100% | 4h | 0.01867 | −0.709% | $96K | $109K | — | as long as short |
| Hyperliquid GOAT | +0.0188% | 1h | 0.01881 | +0.053% | $1.2M | $487K | 3x | as long as short |
| BloFin GOAT-USDT | +0.0232% | 4h | 0.01883 | +0.160% | $121K | $11K | 25x | as long as short |
| BingX GOAT-USDTshort | +0.0274% | 4h | 0.01880 | 0.000% | — | $6.6M | — | |
| MEXC GOAT_USDTlong | +0.0338% | 4h | 0.01880 | long leg | $435K | $163K | 200x | |
| Binance GOATUSDT | +0.0340% | 4h | 0.01880 | 0.000% | $1.9M | $3.0M | 25x | as long as short |
| Orderly PERP_GOAT_USDC | +0.1630% | 4h | 0.01879 | −0.053% | $3K | $2K | 10x | as long as short |
Bybit GOATUSDT
Gate GOAT_USDT
KuCoin GOATUSDTM
Variational Omni GOAT
Hyperliquid GOAT
BloFin GOAT-USDT
Binance GOATUSDT
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 | +0.3331% | 1h | 0.01885 | +0.291% | $30K | $4K | 10x | as long as short |
Kraken Futures PF_GOATUSD