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

GOAT

all GOAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0181%/8h= +19.8% APRpaid last 24h +0.262%
Price spread now: Hyperliquid against KuCoin+0.159%7-day average +0.243% · 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 7 days+1.109%+$111 on $10k
Price spread, last 4 days (all we have)+0.150%+$15 · spread now +0.159%, 7d avg +0.243%
Together, before fees+1.259%+ Points / potential airdropHyperliquid: Season 2 · farm board+$126 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.083% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.159% now, against its 7-day average of +0.243%). If the spread goes back, that is −$8 on $10k: about 37 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+1.109% in total) that is about 13 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GOATUSDTM0.018860.0100pay 0.0050% / 4h1h 57m$370K$100K30x
ShortHyperliquid GOAT0.018890.0281get 0.0035% / 1h57m 48s$1.2M$502K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$37.93
Price spread: +0.159% → +0.243%
−$8.35
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$8.58
Costs to cover
0.210%
Break-even
5.4 days
Slippage unknown: KuCoin: live order book, 46 min ago; Hyperliquid: 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 KuCoin live order book, 46 min ago34.75 bp205.5 bp −$206doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 6 min ago0.53 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

GOAT on 11 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance GOATUSDT+0.0100%4h0.01889+0.134%$1.9M$3.0M25xas long as short
Bybit GOATUSDT+0.0100%4h0.018860.000%$2.1M$1.4M25xas long as short
Gate GOAT_USDT+0.0100%4h0.01887+0.053%$277K$171K25xas long as short
MEXC GOAT_USDT+0.0100%4h0.01888+0.106%$446K$152K200xas long as short
KuCoin GOATUSDTMlong+0.0100%4h0.01886long leg$370K$100K30x
Variational Omni GOAT+0.0100%4h0.01884−0.130%$98K$110Kas long as short
BingX GOAT-USDT+0.0104%4h0.01887+0.053%$6.6Mas long as short
BloFin GOAT-USDT+0.0146%4h0.01889+0.159%$122K$11K25xas long as short
Hyperliquid GOATshort+0.0281%1h0.01889+0.159%$1.2M$502K3x
Orderly PERP_GOAT_USDC+0.1063%4h0.01889+0.159%$3K$31610xas long as short
Show all 11 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_GOATUSD+0.1369%1h0.01889+0.166%$31K$4K10xas long as short