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

GOAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.2281%/8h= +249.8% APRnext payment +$2.85 per $10,000 · paid last 24h +0.228%
Price spread now: Kraken Futures against Hyperliquid+0.044%7-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 fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$68 a day on $10k at the current rate, and Kraken Futures is 0.044% dearer against Hyperliquid than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid GOAT0.018600.1034pay 0.0129% / 1h1m 47s$1.2M$452K3x
ShortKraken Futures PF_GOATUSD0.018610.3315get 0.0414% / 1h1m 47s$30K$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Hyperliquid. 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
$479.08
Price spread: +0.044% → 0.000%
$4.35
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$464.43
Costs to cover
0.190%
Break-even
0.2 days
Slippage unknown: Hyperliquid: 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
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 9 min ago3.78 bp53.6 bp −$54doesn't fitdoesn'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 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%4h0.01855−0.269%$1.9M$1.0M25xas long as short
Gate GOAT_USDT+0.0100%4h0.01853−0.360%$282K$172K25xas long as short
KuCoin GOATUSDTM+0.0100%4h0.01854−0.323%$369K$137K30xas long as short
Variational Omni GOAT+0.0100%4h0.01848−0.636%$6K$18Kas long as short
BloFin GOAT-USDT+0.0509%4h0.01855−0.269%$119K$10K25xas long as short
BingX GOAT-USDT+0.0520%4h0.01859−0.054%$6.5Mas long as short
MEXC GOAT_USDT+0.0560%4h0.01857−0.161%$424K$158K200xas long as short
Binance GOATUSDT+0.0562%4h0.01859−0.047%$1.8M$2.8M25xas long as short
Hyperliquid GOATlong+0.1034%1h0.01860long leg$1.2M$452K3x
Orderly PERP_GOAT_USDC+0.1994%4h0.01857−0.161%$3K$2K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_GOATUSDshort+0.3315%1h0.01861+0.044%$30K$4K10x