Funding you earn now, next payment 08:00 UTC−0.1307%/8h= −143.2% APRnext payment −$6.54 per $10,000 · paid last 24h −0.371%
Price spread now: BingX against Orderly−0.214%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$39 a day on $10k at the current rate, and BingX is 0.214% cheaper against Orderly than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_GOAT_USDC | 0.01866 | 0.1607 | pay 0.0804% / 4h | 2h 22m | $3K | $2K | 10x |
| Short | BingX GOAT-USDT | 0.01862 | 0.0300 | get 0.0150% / 4h | 2h 22m | — | $6.6M | — |
Orderly PERP_GOAT_USDC
BingX GOAT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Orderly. 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
- −$274.57
- Price spread: −0.214% → 0.000%
- −$21.44
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$312.01
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; BingX: live order book, 14 min ago. Net counts fees only.
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 Orderly no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 14 min ago | 5.33 bp | 55.9 bp −$56 | 151.5 bp −$1,515 | 659.7 bp −$66.0K | 1083.6 bp −$541.8K |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.01869 | +0.145% | $2.0M | $1.3M | 25x | as long as short |
| Gate GOAT_USDT | +0.0100% | 4h | 0.01858 | −0.456% | $269K | $207K | 25x | as long as short |
| KuCoin GOATUSDTM | +0.0100% | 4h | 0.01856 | −0.536% | $364K | $128K | 30x | as long as short |
| Variational Omni GOAT | +0.0100% | 4h | 0.01853 | −0.686% | $95K | $109K | — | as long as short |
| Hyperliquid GOAT | +0.0234% | 1h | 0.01864 | −0.102% | $1.2M | $486K | 3x | as long as short |
| Binance GOATUSDT | +0.0254% | 4h | 0.01869 | +0.153% | $1.9M | $3.0M | 25x | as long as short |
| MEXC GOAT_USDT | +0.0262% | 4h | 0.01871 | +0.268% | $433K | $163K | 200x | as long as short |
| BloFin GOAT-USDT | +0.0294% | 4h | 0.01859 | −0.375% | $122K | $11K | 25x | as long as short |
| BingX GOAT-USDTshort | +0.0300% | 4h | 0.01862 | −0.214% | — | $6.6M | — | |
| Orderly PERP_GOAT_USDClong | +0.1607% | 4h | 0.01866 | long leg | $3K | $2K | 10x |
Bybit GOATUSDT
Gate GOAT_USDT
KuCoin GOATUSDTM
Variational Omni GOAT
Hyperliquid GOAT
Binance GOATUSDT
MEXC GOAT_USDT
BloFin GOAT-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GOATUSD | +0.3354% | 1h | 0.01873 | +0.367% | $30K | $4K | 10x | as long as short |
Kraken Futures PF_GOATUSD