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

GOAT

all GOAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.2382%/8h= −260.9% APRpaid last 24h −0.483%
Price spread now: BingX against Kraken Futures+0.043%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 feesneeds both histories
The price spread pays, funding is against you. BingX is 0.043% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.043% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$71 a day in funding at the current rate, which eats that in about 1 hour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_GOATUSD0.019010.2870pay 0.0359% / 1h0m 58s$31K$4K10x
ShortBingX GOAT-USDT0.019020.0488get 0.0244% / 4h3h 00m$6.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$500.31
Price spread: +0.043% → 0.000%
$4.32
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$515.99
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, 6 min ago. 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 Kraken Futures no order-book sample
Sell BingX live order book, 6 min ago7.81 bp43.5 bp −$44168.7 bp −$1,687667.1 bp −$66.7K1073.2 bp −$536.6K
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%4h0.01896−0.251%$2.1M$1.3M25xas long as short
Gate GOAT_USDT+0.0100%4h0.01898−0.167%$280K$204K25xas long as short
KuCoin GOATUSDTM+0.0100%4h0.01898−0.167%$369K$145K30xas long as short
Variational Omni GOAT+0.0100%4h0.01899−0.132%$97K$109Kas long as short
MEXC GOAT_USDT+0.0476%4h0.01901−0.009%$439K$165K200xas long as short
Binance GOATUSDT+0.0477%4h0.01903+0.074%$1.9M$3.0M25xas long as short
BloFin GOAT-USDT+0.0479%4h0.01903+0.096%$124K$11K25xas long as short
BingX GOAT-USDTshort+0.0488%4h0.01902+0.043%$6.6M
Hyperliquid GOAT+0.0608%1h0.01905+0.190%$1.2M$490K3xas long as short
Orderly PERP_GOAT_USDC+0.1829%4h0.01902+0.043%$3K$2K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_GOATUSDlong+0.2870%1h0.01901long leg$31K$4K10x