The song was produced by Chauncey "Hit-Boy" Hollis, Jr, whose other credits include Lil Wayne and Eminem's 2010 single "Drop The World
" and Jay-Z and Kanye West's 2011 Watch the Throne track "Niggas in Paris
." He recalled to Genius
"Travis had played some of Astroworld
and Frank was playing records and then they told me to play beats. 'Carousel' was like the third one or something like that, so I played a few after that and they was like, 'Go back to that one.' I literally saw them freestyle the whole song."