Funding you earn now, next payment 08:00 UTC+0.2008%/8h= +219.9% APRpaid last 24h +0.599%
Price spread now: Kraken Futures against Bybit+0.709%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 for this trade now. Funding pays +$60 a day on $10k at the current rate, and Kraken Futures is 0.709% dearer against Bybit than usual: you sell high and buy low: +$71 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GOATUSDT | 0.01871 | 0.0100 | pay 0.0050% / 4h | 22m 49s | $2.0M | $1.4M | 25x |
| Short | Kraken Futures PF_GOATUSD | 0.01884 | 0.2108 | get 0.0263% / 1h | 22m 49s | $30K | $4K | 10x |
Bybit GOATUSDT
Kraken Futures PF_GOATUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bybit. 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
- $421.66
- Price spread: +0.709% → 0.000%
- $70.92
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $471.57
- Costs to cover
- 0.210%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 9 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 9 min ago | 8.01 bp | 110.1 bp −$110 | 257.2 bp −$2,572 | doesn't fit | doesn'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 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance GOATUSDT | +0.0100% | 4h | 0.01878 | +0.379% | $1.9M | $3.1M | 25x | as long as short |
| Bybit GOATUSDTlong | +0.0100% | 4h | 0.01871 | long leg | $2.0M | $1.4M | 25x | |
| Gate GOAT_USDT | +0.0100% | 4h | 0.01871 | +0.005% | $273K | $200K | 25x | as long as short |
| MEXC GOAT_USDT | +0.0100% | 4h | 0.01878 | +0.379% | $440K | $162K | 200x | as long as short |
| KuCoin GOATUSDTM | +0.0100% | 4h | 0.01870 | −0.048% | $366K | $112K | 30x | as long as short |
| BingX GOAT-USDT | +0.0100% | 4h | 0.01870 | −0.048% | — | $6.6M | — | as long as short |
| Variational Omni GOAT | +0.0100% | 4h | 0.01869 | −0.120% | $96K | $109K | — | as long as short |
| BloFin GOAT-USDT | +0.0112% | 4h | 0.01876 | +0.273% | $123K | $11K | 25x | as long as short |
| Hyperliquid GOAT | +0.0130% | 1h | 0.01880 | +0.497% | $1.2M | $496K | 3x | as long as short |
| Orderly PERP_GOAT_USDC | +0.1186% | 4h | 0.01877 | +0.326% | $3K | $2K | 10x | as long as short |
Binance GOATUSDT
Gate GOAT_USDT
MEXC GOAT_USDT
KuCoin GOATUSDTM
BingX GOAT-USDT
Variational Omni GOAT
BloFin GOAT-USDT
Hyperliquid GOAT
Orderly PERP_GOAT_USDCShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GOATUSDshort | +0.2108% | 1h | 0.01884 | +0.709% | $30K | $4K | 10x |