Settings8H · net · $10k
Funding arb · Price arb /

GOAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.1353%/8h= −148.1% APRnext payment $6.76 per $10,000 · paid last 24h −0.367%
Price spread now: MEXC against Orderly+0.053%57s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. MEXC is 0.053% dearer against Orderly than usual: you sell high and buy low (spread +0.053% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$41 a day in funding at the current rate, which eats that in about 3 hours. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_GOAT_USDC0.019020.1829pay 0.0914% / 4h3h 00m$3K$2K10x
ShortMEXC GOAT_USDT0.019030.0476get 0.0238% / 4h3h 00m$440K$165K200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Orderly. 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

Funding earned
−$284.11
Price spread: +0.053% → 0.000%
$5.26
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$288.85
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; MEXC: live order book, 35 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell MEXC live order book, 35 min ago5.32 bp46.7 bp −$47172.1 bp −$1,721209.6 bp −$21.0K258.5 bp −$129.2K
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit GOATUSDT+0.0100%4h0.01899−0.179%$2.1M$1.3M25xas long as short
Gate GOAT_USDT+0.0100%4h0.01898−0.216%$280K$204K25xas long as short
KuCoin GOATUSDTM+0.0100%4h0.01898−0.210%$369K$145K30xas long as short
Variational Omni GOAT+0.0100%4h0.01899−0.175%$97K$109Kas long as short
Binance GOATUSDT+0.0467%4h0.01902+0.007%$1.9M$3.0M25xas long as short
MEXC GOAT_USDTshort+0.0476%4h0.01903+0.053%$440K$165K200x
BloFin GOAT-USDT+0.0479%4h0.01903+0.053%$124K$11K25xas long as short
BingX GOAT-USDT+0.0488%4h0.01901−0.053%$6.6Mas long as short
Hyperliquid GOAT+0.0623%1h0.01906+0.216%$1.2M$490K3xas long as short
Orderly PERP_GOAT_USDClong+0.1829%4h0.01902long leg$3K$2K10x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_GOATUSD+0.2870%1h0.01901−0.043%$31K$4K10xas long as short