GOAT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0484%/8h= −53.0% APRnext payment −$2.42 per $10,000 · paid last 24h −0.055%

Price spread now: Gate against MEXC+0.054%7-day average −0.158% · you sell dearer than you buy

Net, funding: paid 7d − costs−$498as in the Funding arb table

Net, price: spread back to 7d avg − costs−$460as in the Price arb table

costs, in and out, $10k−$4824.816% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.161%−$16 on $10k

Price spread, last 4 days (all we have)−0.122%−$12 · spread now +0.054%, 7d avg −0.158%

Together, before fees−0.283%−$28 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.212% dearer against MEXC than usual: you sell high and buy low (spread +0.054% now, against its 7-day average of −0.158%): +$21 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 35 hours. At the pace of the last 7 days (−0.161% in total) that is about 9.2 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.161% in total (about -8.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.42 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC GOAT_USDT	0.01860	0.0584	pay 0.0292% / 4h	0m 12s	$424K	$158K	200x
Short	Gate GOAT_USDT	0.01861	0.0100	get 0.0050% / 4h	0m 12s	$283K	$173K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

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 MEXCbpFee GatebpOrdersPrice spread, now +0.054%Rate

Funding earned: −$101.64
Price spread: +0.054% → −0.158%: $21.21
Slippage, 4 orders: −$462.59
Fee MEXC: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$562.02
Costs to cover: 4.816%
Break-even: never at this rate

Slippage from MEXC: live order book, 41 min ago; Gate: live order book, 52 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, 41 min ago	2.72 bp	34.0 bp −$34	175.3 bp −$1,753	220.0 bp −$22.0K	273.8 bp −$136.9K
Sell Gate live order book, 52 min ago	24.55 bp	337.1 bp −$337	doesn't fit	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	0.01858	−0.086%	$1.9M	$1.0M	25x	as long as short
Gate GOAT_USDTshort	+0.0100%	4h	0.01861	+0.054%	$283K	$173K	25x
KuCoin GOATUSDTM	+0.0100%	4h	0.01857	−0.161%	$369K	$136K	30x	as long as short
Variational Omni GOAT	+0.0100%	4h	0.01860	+0.009%	$6K	$18K	—	as long as short
BingX GOAT-USDT	+0.0520%	4h	0.01861	+0.054%	—	$6.6M	—	as long as short
MEXC GOAT_USDTlong	+0.0584%	4h	0.01860	long leg	$424K	$158K	200x
Binance GOATUSDT	+0.0603%	4h	0.01861	+0.054%	$1.8M	$2.8M	25x	as long as short
BloFin GOAT-USDT	+0.0605%	4h	0.01855	−0.269%	$119K	$10K	25x	as long as short
Hyperliquid GOAT	+0.0994%	1h	0.01862	+0.086%	$1.2M	$453K	3x	as long as short
Orderly PERP_GOAT_USDC	+0.1971%	4h	0.01861	+0.054%	$3K	$2K	10x	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_GOATUSD	+0.3304%	1h	0.01867	+0.371%	$30K	$4K	10x	as long as short