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

GOAT

all GOAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.1707%/8h= −186.9% APRnext payment $8.54 per $10,000 · paid last 24h −0.436%
Price spread now: KuCoin against Orderly−0.316%7-day average · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$51 a day on $10k at the current rate, and KuCoin is 0.316% cheaper against Orderly than usual: you would sell low and buy high (−$32 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_GOAT_USDC0.019010.1807pay 0.0904% / 4h2h 51m$3K$2K10x
ShortKuCoin GOATUSDTM0.018950.0100get 0.0050% / 4h2h 51m$368K$129K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$358.49
Price spread: −0.316% → 0.000%
−$31.56
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$408.05
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; KuCoin: 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 Orderly no order-book sample
Sell KuCoin live order book, 6 min ago28.97 bp411.0 bp −$411doesn't fitdoesn'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%4h0.01896−0.263%$2.1M$1.3M25xas long as short
Gate GOAT_USDT+0.0100%4h0.01897−0.210%$275K$206K25xas long as short
KuCoin GOATUSDTMshort+0.0100%4h0.01895−0.316%$368K$129K30x
Variational Omni GOAT+0.0100%4h0.01898−0.149%$97K$109Kas long as short
BloFin GOAT-USDT+0.0398%4h0.01902+0.053%$124K$11K25xas long as short
MEXC GOAT_USDT+0.0424%4h0.01899−0.105%$442K$161K200xas long as short
Binance GOATUSDT+0.0425%4h0.01899−0.105%$1.9M$3.0M25xas long as short
BingX GOAT-USDT+0.0434%4h0.01896−0.263%$6.6Mas long as short
Hyperliquid GOAT+0.0933%1h0.01902+0.053%$1.2M$489K3xas long as short
Orderly PERP_GOAT_USDClong+0.1807%4h0.01901long leg$3K$2K10x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_GOATUSD+0.3299%1h0.01904+0.155%$31K$4K10xas long as short