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

GOAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.1353%/8h= −148.1% APRnext payment $6.76 per $10,000 · paid last 24h −0.367%
Price spread now: BloFin against Orderly+0.107%52s7-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 5 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. BloFin is 0.107% dearer against Orderly than usual: you sell high and buy low (spread +0.107% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$41 a day in funding at the current rate, which eats that in about 6 hours. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_GOAT_USDC0.018730.1525pay 0.0762% / 4h1h 34m$3K$2K10x
ShortBloFin GOAT-USDT0.018750.0172get 0.0086% / 4h1h 34m$122K$11K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Orderly. 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
−$284.08
Price spread: +0.107% → 0.000%
$10.68
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$291.4
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 32 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 Orderly no order-book sample
Sell BloFin live order book, 32 min ago5.28 bp54.2 bp −$54144.2 bp −$1,442doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit GOATUSDT+0.0100%4h0.01868−0.251%$2.1M$1.4M25xas long as short
Gate GOAT_USDT+0.0100%4h0.01874+0.053%$277K$210K25xas long as short
KuCoin GOATUSDTM+0.0100%4h0.01872−0.053%$364K$129K30xas long as short
Variational Omni GOAT+0.0100%4h0.01869−0.231%$96K$109Kas long as short
BloFin GOAT-USDTshort+0.0172%4h0.01875+0.107%$122K$11K25x
Binance GOATUSDT+0.0174%4h0.01874+0.035%$1.9M$3.1M25xas long as short
MEXC GOAT_USDT+0.0182%4h0.01874+0.053%$433K$162K200xas long as short
BingX GOAT-USDT+0.0216%4h0.01872−0.053%$6.6Mas long as short
Hyperliquid GOAT+0.0542%1h0.01874+0.032%$1.2M$487K3xas long as short
Orderly PERP_GOAT_USDClong+0.1525%4h0.01873long leg$3K$2K10x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_GOATUSD+0.2163%1h0.01873−0.003%$30K$4K10xas long as short