Funding you earn now, next payment 12:00 UTC+0.0065%/8h= +7.1% APRpaid last 24h +0.248%
Price spread now: Kraken Futures against Orderly+0.038%55s7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and Kraken Futures is 0.038% dearer against Orderly than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_GOAT_USDC | 0.01859 | 0.1040 | pay 0.0520% / 4h | 50m 19s | $3K | $316 | 10x |
| Short | Kraken Futures PF_GOATUSD | 0.01860 | 0.1105 | get 0.0138% / 1h | 50m 19s | $30K | $3K | 10x |
Orderly PERP_GOAT_USDC
Kraken Futures PF_GOATUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Orderly. 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
- $13.65
- Price spread: +0.038% → 0.000%
- $3.8
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $1.45
- Costs to cover
- 0.160%
- Break-even
- 6.3 days
Slippage unknown: Orderly: no order-book sample; Kraken Futures: 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Orderly and 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin GOAT-USDT | +0.0078% | 4h | 0.01865 | +0.323% | $121K | $10K | 25x | as long as short |
| Hyperliquid GOAT | +0.0100% | 1h | 0.01860 | +0.065% | $1.2M | $497K | 3x | as long as short |
| Binance GOATUSDT | +0.0100% | 4h | 0.01861 | +0.124% | $1.9M | $2.9M | 25x | as long as short |
| Bybit GOATUSDT | +0.0100% | 4h | 0.01852 | −0.377% | $2.1M | $1.4M | 25x | as long as short |
| Gate GOAT_USDT | +0.0100% | 4h | 0.01857 | −0.091% | $270K | $175K | 25x | as long as short |
| MEXC GOAT_USDT | +0.0100% | 4h | 0.01860 | +0.054% | $461K | $154K | 200x | as long as short |
| KuCoin GOATUSDTM | +0.0100% | 4h | 0.01857 | −0.108% | $363K | $90K | 30x | as long as short |
| BingX GOAT-USDT | +0.0100% | 4h | 0.01858 | −0.054% | — | $6.6M | — | as long as short |
| Variational Omni GOAT | +0.0100% | 4h | 0.01852 | −0.376% | $97K | $110K | — | as long as short |
| Orderly PERP_GOAT_USDClong | +0.1040% | 4h | 0.01859 | long leg | $3K | $316 | 10x |
BloFin GOAT-USDT
Hyperliquid GOAT
Binance GOATUSDT
Bybit GOATUSDT
Gate GOAT_USDT
MEXC GOAT_USDT
KuCoin GOATUSDTM
BingX GOAT-USDT
Variational Omni GOATShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GOATUSDshort | +0.1105% | 1h | 0.01860 | +0.038% | $30K | $3K | 10x |