Funding you earn now, next payment 05:00 UTC−0.1048%/8h= −114.8% APRpaid last 24h −0.112%
Price spread now: Orderly against Kraken Futures−0.271%7-day average — · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$31 a day on $10k at the current rate, and Orderly is 0.271% cheaper against Kraken Futures than usual: you would sell low and buy high (−$27 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_GOATUSD | 0.01888 | 0.2890 | pay 0.0361% / 1h | 29m 56s | $30K | $4K | 10x |
| Short | Orderly PERP_GOAT_USDC | 0.01883 | 0.1842 | get 0.0921% / 4h | 3h 29m | $3K | $2K | 10x |
Kraken Futures PF_GOATUSD
Orderly PERP_GOAT_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$220.12
- Price spread: −0.271% → 0.000%
- −$27.1
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$263.22
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Orderly: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
Kraken Futures and Orderly: 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 | 0.01880 | −0.430% | $2.1M | $1.2M | 25x | as long as short |
| Gate GOAT_USDT | +0.0100% | 4h | 0.01880 | −0.409% | $284K | $182K | 25x | as long as short |
| KuCoin GOATUSDTM | +0.0100% | 4h | 0.01881 | −0.377% | $368K | $142K | 30x | as long as short |
| Variational Omni GOAT | +0.0100% | 4h | 0.01882 | −0.341% | $96K | $109K | — | as long as short |
| Binance GOATUSDT | +0.0483% | 4h | 0.01884 | −0.233% | $1.9M | $2.9M | 25x | as long as short |
| MEXC GOAT_USDT | +0.0494% | 4h | 0.01883 | −0.271% | $431K | $158K | 200x | as long as short |
| BingX GOAT-USDT | +0.0520% | 4h | 0.01879 | −0.483% | — | $6.6M | — | as long as short |
| BloFin GOAT-USDT | +0.0553% | 4h | 0.01884 | −0.218% | $122K | $10K | 25x | as long as short |
| Hyperliquid GOAT | +0.0816% | 1h | 0.01885 | −0.149% | $1.2M | $485K | 3x | as long as short |
| Orderly PERP_GOAT_USDCshort | +0.1842% | 4h | 0.01883 | −0.271% | $3K | $2K | 10x |
Bybit GOATUSDT
Gate GOAT_USDT
KuCoin GOATUSDTM
Variational Omni GOAT
Binance GOATUSDT
MEXC GOAT_USDT
BingX GOAT-USDT
BloFin GOAT-USDT
Hyperliquid GOATShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GOATUSDlong | +0.2890% | 1h | 0.01888 | long leg | $30K | $4K | 10x |