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

GOAT

all GOAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Gate+0.208%7-day average −0.091% · you sell dearer than you buy
Net, funding: paid 7d − costs−$549as in the Funding arb table
Net, price: spread back to 7d avg − costs−$519as in the Price arb table
costs, in and out, $10k−$5495.488% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.271%−$27 · spread now +0.208%, 7d avg −0.091%
Together, before fees−0.271%−$27 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.299% dearer against Gate than usual: you sell high and buy low, +$30 on $10k if it goes back to its 7-day average of −0.091%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate GOAT_USDT0.018770.0100pay 0.0050% / 4h14m 30s$274K$200K25x
ShortBybit GOATUSDT0.018810.0100get 0.0050% / 4h14m 30s$2.1M$1.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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
$0
Price spread: +0.208% → −0.091%
$29.86
Slippage, 4 orders
−$522.79
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$518.93
Costs to cover
5.488%
Break-even
never at this rate
Slippage from Gate: live order book, 17 min ago; Bybit: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 17 min ago31.73 bp88.1 bp −$88doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago8.00 bp82.0 bp −$82216.6 bp −$2,166doesn't fitdoesn't fit

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
Binance GOATUSDT+0.0100%4h0.01885+0.426%$1.9M$3.1M25xas long as short
Bybit GOATUSDTshort+0.0100%4h0.01881+0.208%$2.1M$1.4M25x
Gate GOAT_USDTlong+0.0100%4h0.01877long leg$274K$200K25x
MEXC GOAT_USDT+0.0100%4h0.01885+0.426%$441K$162K200xas long as short
KuCoin GOATUSDTM+0.0100%4h0.01876−0.053%$368K$112K30xas long as short
BingX GOAT-USDT+0.0100%4h0.01879+0.107%$6.6Mas long as short
Variational Omni GOAT+0.0100%4h0.01875−0.095%$96K$109Kas long as short
BloFin GOAT-USDT+0.0107%4h0.01881+0.213%$122K$11K25xas long as short
Hyperliquid GOAT+0.0203%1h0.01886+0.479%$1.2M$499K3xas long as short
Orderly PERP_GOAT_USDC+0.1230%4h0.01881+0.213%$3K$2K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_GOATUSD+0.2101%1h0.01890+0.689%$30K$4K10xas long as short