Funding you earn now, next payment 08:00 UTC−0.0172%/8h= −18.8% APRnext payment −$0.86 per $10,000 · paid last 24h −0.069%
Price spread now: Bybit against MEXC−0.213%7-day average −0.246% · you buy dearer than you sell
Net, funding: paid 7d − costs−$211as in the Funding arb table
Net, price: spread back to 7d avg − costs−$189as in the Price arb table
costs, in and out, $10k−$1921.923% of the position
Funding, last 7 days−0.186%−$19 on $10k
+Price spread, last 4 days (all we have)+0.087%+$9 · spread now −0.213%, 7d avg −0.246%
=The price spread pays, funding is against you. Bybit is 0.033% dearer against MEXC than usual: you sell high and buy low (spread −0.213% now, against its 7-day average of −0.246%): +$3 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 15 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GOAT_USDT | 0.01879 | 0.0272 | pay 0.0136% / 4h | 2h 18m | $435K | $163K | 200x |
| Short | Bybit GOATUSDT | 0.01875 | 0.0100 | get 0.0050% / 4h | 2h 18m | $2.1M | $1.3M | 25x |
MEXC GOAT_USDT
Bybit GOATUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$36.12
- Price spread: −0.213% → −0.246%
- $3.33
- Slippage, 4 orders
- −$177.29
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$225.08
- Costs to cover
- 1.923%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 12 min ago; Bybit: live order book, 3 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, 12 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 Bybit live order book, 3 min ago | 5.35 bp | 58.3 bp −$58 | 222.8 bp −$2,228 | 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 GOATUSDTshort | +0.0100% | 4h | 0.01875 | −0.213% | $2.1M | $1.3M | 25x | |
| Gate GOAT_USDT | +0.0100% | 4h | 0.01871 | −0.426% | $272K | $207K | 25x | as long as short |
| KuCoin GOATUSDTM | +0.0100% | 4h | 0.01872 | −0.373% | $364K | $129K | 30x | as long as short |
| Variational Omni GOAT | +0.0100% | 4h | 0.01867 | −0.656% | $96K | $109K | — | as long as short |
| Hyperliquid GOAT | +0.0196% | 1h | 0.01880 | +0.048% | $1.2M | $486K | 3x | as long as short |
| BloFin GOAT-USDT | +0.0232% | 4h | 0.01883 | +0.213% | $121K | $11K | 25x | as long as short |
| BingX GOAT-USDT | +0.0264% | 4h | 0.01877 | −0.106% | — | $6.5M | — | as long as short |
| MEXC GOAT_USDTlong | +0.0272% | 4h | 0.01879 | long leg | $435K | $163K | 200x | |
| Binance GOATUSDT | +0.0340% | 4h | 0.01880 | +0.053% | $1.9M | $3.0M | 25x | as long as short |
| Orderly PERP_GOAT_USDC | +0.1630% | 4h | 0.01879 | 0.000% | $3K | $2K | 10x | as long as short |
Gate GOAT_USDT
KuCoin GOATUSDTM
Variational Omni GOAT
Hyperliquid GOAT
BloFin GOAT-USDT
BingX 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 | +0.344% | $30K | $4K | 10x | as long as short |
Kraken Futures PF_GOATUSD