Funding you earn now, next payment 08:00 UTC+0.0071%/8h= +7.8% APRnext payment +$0.36 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against MEXC+0.053%94s7-day average +0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$132as 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−$1331.334% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)+0.070%+$7 · spread now +0.053%, 7d avg +0.088%
=Funding pays, the price is against you. BloFin is 0.035% cheaper against MEXC than usual: you would sell low and buy high (spread +0.053% now, against its 7-day average of +0.088%). If the spread goes back, that is −$3 on $10k: about 39 hours of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.013% in total) that is about 19 days. The two prices were read 94 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 | MEXC GOAT_USDT | 0.01883 | 0.0482 | pay 0.0241% / 4h | 3h 29m | $431K | $158K | 200x |
| Short | BloFin GOAT-USDT | 0.01884 | 0.0553 | get 0.0277% / 4h | 3h 29m | $122K | $10K | 25x |
MEXC GOAT_USDT
BloFin GOAT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $14.93
- Price spread: +0.053% → +0.088%
- −$3.46
- Slippage, 4 orders
- −$117.42
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$121.95
- Costs to cover
- 1.334%
- Break-even
- 64.2 days
Slippage from MEXC: live order book, 6 min ago; BloFin: live order book, 59 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, 6 min ago | 5.32 bp | 20.1 bp −$20 | 173.0 bp −$1,730 | 217.4 bp −$21.7K | 266.8 bp −$133.4K |
| Sell BloFin live order book, 59 min ago | 2.70 bp | 22.4 bp −$22 | 103.8 bp −$1,038 | 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 | 0.01879 | −0.212% | $2.1M | $1.2M | 25x | as long as short |
| Gate GOAT_USDT | +0.0100% | 4h | 0.01880 | −0.138% | $284K | $182K | 25x | as long as short |
| KuCoin GOATUSDTM | +0.0100% | 4h | 0.01881 | −0.106% | $368K | $142K | 30x | as long as short |
| Variational Omni GOAT | +0.0100% | 4h | 0.01882 | −0.071% | $96K | $109K | — | as long as short |
| Binance GOATUSDT | +0.0479% | 4h | 0.01884 | +0.033% | $1.9M | $2.9M | 25x | as long as short |
| MEXC GOAT_USDTlong | +0.0482% | 4h | 0.01883 | long leg | $431K | $158K | 200x | |
| BingX GOAT-USDT | +0.0520% | 4h | 0.01879 | −0.212% | — | $6.6M | — | as long as short |
| BloFin GOAT-USDTshort | +0.0553% | 4h | 0.01884 | +0.053% | $122K | $10K | 25x | |
| Hyperliquid GOAT | +0.0832% | 1h | 0.01885 | +0.112% | $1.2M | $485K | 3x | as long as short |
| Orderly PERP_GOAT_USDC | +0.1842% | 4h | 0.01883 | 0.000% | $3K | $2K | 10x | as long as short |
Bybit GOATUSDT
Gate GOAT_USDT
KuCoin GOATUSDTM
Variational Omni GOAT
Binance GOATUSDT
BingX 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 | +0.2890% | 1h | 0.01888 | +0.272% | $30K | $4K | 10x | as long as short |
Kraken Futures PF_GOATUSD