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

GOAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin0.000%7-day average −0.148% · you sell dearer than you buy
Net, funding: paid 7d − costs−$554as in the Funding arb table
Net, price: spread back to 7d avg − costs−$527as in the Price arb table
costs, in and out, $10k−$5415.415% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.129%−$13 on $10k
Price spread, last 4 days (all we have)+0.018%+$2 · spread now 0.000%, 7d avg −0.148%
Together, before fees−0.111%−$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.148% dearer against KuCoin than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.148%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GOATUSDTM0.018990.0100pay 0.0050% / 4h2h 59m$370K$145K30x
ShortBybit GOATUSDT0.018990.0100get 0.0050% / 4h2h 59m$2.1M$1.3M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. 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
$0
Price spread: 0.000% → −0.148%
$14.77
Slippage, 4 orders
−$518.48
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$526.71
Costs to cover
5.415%
Break-even
never at this rate
Slippage from KuCoin: live order book, 72 min ago; Bybit: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 72 min ago18.93 bp162.4 bp −$162doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago2.63 bp77.1 bp −$77220.6 bp −$2,206doesn't fitdoesn't fit

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 GOATUSDTshort+0.0100%4h0.018990.000%$2.1M$1.3M25x
Gate GOAT_USDT+0.0100%4h0.018990.000%$280K$204K25xas long as short
KuCoin GOATUSDTMlong+0.0100%4h0.01899long leg$370K$145K30x
Variational Omni GOAT+0.0100%4h0.01899−0.017%$97K$109Kas long as short
Binance GOATUSDT+0.0467%4h0.01902+0.158%$1.9M$3.0M25xas long as short
MEXC GOAT_USDT+0.0476%4h0.01902+0.158%$440K$165K200xas long as short
BingX GOAT-USDT+0.0477%4h0.01903+0.211%$6.6Mas long as short
BloFin GOAT-USDT+0.0479%4h0.01903+0.211%$124K$11K25xas long as short
Hyperliquid GOAT+0.0627%1h0.01906+0.395%$1.2M$490K3xas long as short
Orderly PERP_GOAT_USDC+0.1834%4h0.01903+0.211%$3K$2K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_GOATUSD+0.2864%1h0.01905+0.331%$31K$4K10xas long as short