Funding you earn now, next payment 07:00 UTC−0.1998%/8h= −218.7% APRpaid last 24h −0.524%
Price spread now: Binance against Kraken Futures+0.156%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
The price spread pays, funding is against you. Binance is 0.156% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.156% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$60 a day in funding at the current rate, which eats that in about 6 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_GOATUSD | 0.01875 | 0.2161 | pay 0.0270% / 1h | 33m 09s | $30K | $4K | 10x |
| Short | Binance GOATUSDT | 0.01878 | 0.0163 | get 0.0082% / 4h | 1h 33m | $1.9M | $3.1M | 25x |
Kraken Futures PF_GOATUSD
Binance GOATUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Kraken Futures. 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
- −$419.5
- Price spread: +0.156% → 0.000%
- $15.55
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$423.95
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Binance: live order book, 2 min ago. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 2 min ago | 2.67 bp | 52.7 bp −$53 | 191.4 bp −$1,914 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit GOATUSDT | +0.0100% | 4h | 0.01874 | −0.063% | $2.1M | $1.4M | 25x | as long as short |
| Gate GOAT_USDT | +0.0100% | 4h | 0.01875 | −0.004% | $277K | $210K | 25x | as long as short |
| KuCoin GOATUSDTM | +0.0100% | 4h | 0.01874 | −0.058% | $364K | $129K | 30x | as long as short |
| Variational Omni GOAT | +0.0100% | 4h | 0.01869 | −0.342% | $96K | $109K | — | as long as short |
| Binance GOATUSDTshort | +0.0163% | 4h | 0.01878 | +0.156% | $1.9M | $3.1M | 25x | |
| MEXC GOAT_USDT | +0.0172% | 4h | 0.01879 | +0.209% | $435K | $163K | 200x | as long as short |
| BloFin GOAT-USDT | +0.0175% | 4h | 0.01875 | −0.004% | $122K | $11K | 25x | as long as short |
| BingX GOAT-USDT | +0.0216% | 4h | 0.01875 | −0.004% | — | $6.6M | — | as long as short |
| Hyperliquid GOAT | +0.0556% | 1h | 0.01877 | +0.086% | $1.2M | $488K | 3x | as long as short |
| Orderly PERP_GOAT_USDC | +0.1522% | 4h | 0.01875 | −0.004% | $3K | $2K | 10x | as long as short |
Bybit GOATUSDT
Gate GOAT_USDT
KuCoin GOATUSDTM
Variational Omni GOAT
MEXC GOAT_USDT
BloFin GOAT-USDT
BingX 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_GOATUSDlong | +0.2161% | 1h | 0.01875 | long leg | $30K | $4K | 10x |