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

GOAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.4511%/8h= −494.0% APRpaid last 24h −0.606%
Price spread now: KuCoin against Kraken Futures−0.322%7-day average · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$135 a day on $10k at the current rate, and KuCoin is 0.322% cheaper against Kraken Futures than usual: you would sell low and buy high (−$32 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_GOATUSD0.018740.4611pay 0.0576% / 1h43m 07s$30K$4K10x
ShortKuCoin GOATUSDTM0.018680.0100get 0.0050% / 4h3h 43m$366K$112K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$947.34
Price spread: −0.322% → 0.000%
−$32.2
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,001.54
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 50 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 KuCoin live order book, 50 min ago26.67 bp227.0 bp −$227doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin GOAT-USDT+0.0079%4h0.01868−0.322%$120K$11K25xas long as short
Binance GOATUSDT+0.0100%4h0.01870−0.215%$1.9M$3.2M25xas long as short
Bybit GOATUSDT+0.0100%4h0.01866−0.434%$2.0M$1.4M25xas long as short
Gate GOAT_USDT+0.0100%4h0.01869−0.258%$273K$194K25xas long as short
MEXC GOAT_USDT+0.0100%4h0.01869−0.269%$439K$159K200xas long as short
KuCoin GOATUSDTMshort+0.0100%4h0.01868−0.322%$366K$112K30x
BingX GOAT-USDT+0.0100%4h0.01871−0.162%$6.6Mas long as short
Variational Omni GOAT+0.0100%4h0.01875+0.062%$97K$109Kas long as short
Hyperliquid GOAT+0.0310%1h0.01870−0.210%$1.2M$503K3xas long as short
Orderly PERP_GOAT_USDC+0.1190%4h0.01871−0.162%$3K$2K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_GOATUSDlong+0.4611%1h0.01874long leg$30K$4K10x