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

GOAT

all GOAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.1048%/8h= +114.8% APRpaid last 24h +0.615%
Price spread now: Kraken Futures against BloFin+0.178%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$31 a day on $10k at the current rate, and Kraken Futures is 0.178% dearer against BloFin than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet). 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
LongBloFin GOAT-USDT0.018540.0058pay 0.0029% / 4h47m 46s$120K$10K25x
ShortKraken Futures PF_GOATUSD0.018570.1107get 0.0138% / 1h47m 46s$30K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against BloFin. 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
$220.11
Price spread: +0.178% → 0.000%
$17.75
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$215.86
Costs to cover
0.220%
Break-even
0.1 days
Slippage unknown: BloFin: live order book, 48 min ago; Kraken Futures: no order-book sample. 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 BloFin live order book, 48 min ago2.67 bp57.4 bp −$57260.9 bp −$2,609doesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin GOAT-USDTlong+0.0058%4h0.01854long leg$120K$10K25x
Hyperliquid GOAT+0.0100%1h0.01860+0.340%$1.2M$499K3xas long as short
Binance GOATUSDT+0.0100%4h0.01861+0.401%$1.9M$2.9M25xas long as short
Bybit GOATUSDT+0.0100%4h0.01850−0.200%$2.1M$1.4M25xas long as short
Gate GOAT_USDT+0.0100%4h0.01850−0.194%$269K$175K25xas long as short
MEXC GOAT_USDT+0.0100%4h0.01860+0.324%$461K$154K200xas long as short
KuCoin GOATUSDTM+0.0100%4h0.01855+0.054%$363K$90K30xas long as short
BingX GOAT-USDT+0.0100%4h0.01851−0.162%$6.6Mas long as short
Variational Omni GOAT+0.0100%4h0.01852−0.107%$97K$110Kas long as short
Orderly PERP_GOAT_USDC+0.1036%4h0.01856+0.108%$3K$31610xas long as short
Show all 11 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_GOATUSDshort+0.1107%1h0.01857+0.178%$30K$3K10x