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

GOAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.1894%/8h= −207.4% APRnext payment $9.47 per $10,000 · paid last 24h −0.394%
Price spread now: Variational Omni against Orderly−0.475%48s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$57 a day on $10k at the current rate, and Variational Omni is 0.475% cheaper against Orderly than usual: you would sell low and buy high (−$48 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_GOAT_USDC0.018570.1994pay 0.0997% / 4h1m 28s$3K$2K10x
ShortVariational Omni GOAT0.018480.0100get 0.0050% / 4h1m 28s$6K$18K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$397.68
Price spread: −0.475% → 0.000%
−$47.51
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$451.2
Costs to cover
0.060%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Variational Omni: 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
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Variational Omni no order-book sample
Orderly and Variational Omni: 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%4h0.01863+0.323%$1.9M$1.0M25xas long as short
Gate GOAT_USDT+0.0100%4h0.01860+0.183%$283K$172K25xas long as short
KuCoin GOATUSDTM+0.0100%4h0.01858+0.054%$369K$136K30xas long as short
Variational Omni GOATshort+0.0100%4h0.01848−0.475%$6K$18K
BloFin GOAT-USDT+0.0509%4h0.01855−0.108%$119K$10K25xas long as short
BingX GOAT-USDT+0.0520%4h0.01863+0.323%$6.6Mas long as short
MEXC GOAT_USDT+0.0560%4h0.01865+0.431%$425K$158K200xas long as short
Binance GOATUSDT+0.0584%4h0.01864+0.377%$1.8M$2.8M25xas long as short
Hyperliquid GOAT+0.1027%1h0.01866+0.485%$1.2M$452K3xas long as short
Orderly PERP_GOAT_USDClong+0.1994%4h0.01857long leg$3K$2K10x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_GOATUSD+0.3315%1h0.01861+0.205%$30K$4K10xas long as short