Funding you earn now, next payment 08:00 UTC−0.0248%/8h= −27.2% APRnext payment −$1.24 per $10,000 · paid last 24h −0.069%
Price spread now: KuCoin against MEXC−0.477%7-day average −0.100% · you buy dearer than you sell
Net, funding: paid 7d − costs−$829as in the Funding arb table
Net, price: spread back to 7d avg − costs−$861as in the Price arb table
costs, in and out, $10k−$8248.238% of the position
Funding, last 7 days−0.057%−$6 on $10k
+Price spread, last 4 days (all we have)+0.353%+$35 · spread now −0.477%, 7d avg −0.100%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and KuCoin is 0.377% cheaper against MEXC than usual: you would sell low and buy high (−$38 if the spread goes back to its 7-day average of −0.100%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.057% in total (about -3.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.24 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 | 0.01888 | 0.0348 | pay 0.0174% / 4h | 2h 11m | $437K | $163K | 200x |
| Short | KuCoin GOATUSDTM | 0.01879 | 0.0100 | get 0.0050% / 4h | 2h 11m | $365K | $129K | 30x |
MEXC GOAT_USDT
KuCoin GOATUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$52.08
- Price spread: −0.477% → −0.100%
- −$37.71
- Slippage, 4 orders
- −$807.78
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$913.57
- Costs to cover
- 8.238%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 19 min ago; KuCoin: 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 MEXC live order book, 19 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 KuCoin live order book, 46 min ago | 28.97 bp | 411.0 bp −$411 | 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 | 0.01881 | −0.350% | $2.1M | $1.3M | 25x | as long as short |
| Gate GOAT_USDT | +0.0100% | 4h | 0.01879 | −0.461% | $277K | $209K | 25x | as long as short |
| KuCoin GOATUSDTMshort | +0.0100% | 4h | 0.01879 | −0.477% | $365K | $129K | 30x | |
| Variational Omni GOAT | +0.0100% | 4h | 0.01877 | −0.599% | $97K | $109K | — | as long as short |
| Hyperliquid GOAT | +0.0101% | 1h | 0.01886 | −0.079% | $1.2M | $488K | 3x | as long as short |
| BloFin GOAT-USDT | +0.0301% | 4h | 0.01883 | −0.265% | $120K | $11K | 25x | as long as short |
| Binance GOATUSDT | +0.0347% | 4h | 0.01887 | −0.069% | $1.9M | $3.0M | 25x | as long as short |
| MEXC GOAT_USDTlong | +0.0348% | 4h | 0.01888 | long leg | $437K | $163K | 200x | |
| BingX GOAT-USDT | +0.0348% | 4h | 0.01886 | −0.106% | — | $6.6M | — | as long as short |
| Orderly PERP_GOAT_USDC | +0.1659% | 4h | 0.01886 | −0.106% | $3K | $2K | 10x | as long as short |
Bybit GOATUSDT
Gate GOAT_USDT
Variational Omni GOAT
Hyperliquid GOAT
BloFin GOAT-USDT
Binance GOATUSDT
BingX GOAT-USDT
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 | +0.3330% | 1h | 0.01886 | −0.100% | $30K | $4K | 10x | as long as short |
Kraken Futures PF_GOATUSD