Funding arb · Price arb /

KAIA

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%

Price spread now: GRVT against Binance−0.105%49s7-day average +0.051% · you buy dearer than you sell

Net, funding: paid 7d − costs−$195as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1931.931% of the position

Long on Binance Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.019%−$2 on $10k

Price spread, last 3 days (all we have)+0.209%+$21 · spread now −0.105%, 7d avg +0.051%

Together, before fees+0.190%+ Points / potential airdropGRVT: Active · farm board+$19 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.156% cheaper against Binance than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.051%. The two prices were read 49 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	Binance KAIAUSDT	0.03275	0.0100	pay 0.0050% / 4h	3h 38m	$2.3M	$3.7M	75x
Short	GRVT KAIA_USDT_Perp	0.03272	0.0100	get 0.0050% / 4h	3h 38m	$394K	$499K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee GRVTbpOrdersPrice spread, now −0.105%Rate

Funding earned: $0
Price spread: −0.105% → +0.051%: −$15.62
Slippage, 4 orders: −$174.11
Fee Binance: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$208.73
Costs to cover: 1.931%
Break-even: never at this rate

Slippage from Binance: live order book, 13 min ago; GRVT: live order book, 34 min ago.

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 Binance live order book, 13 min ago	3.07 bp	28.3 bp −$28	127.1 bp −$1,271	doesn't fit	doesn't fit
Sell GRVT live order book, 34 min ago	19.91 bp	45.8 bp −$46	112.8 bp −$1,128	doesn't fit	doesn't fit

KAIA on 12 venues

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
Binance KAIAUSDTlong	+0.0100%	4h	0.03275	long leg	$2.3M	$3.7M	75x
Bybit KAIAUSDT	+0.0100%	4h	0.03273	−0.061%	$2.0M	$1.5M	50x	as long as short
Gate KAIA_USDT	+0.0100%	4h	0.03277	+0.061%	$83K	$60K	50x	as long as short
MEXC KAIA_USDT	+0.0100%	4h	0.03274	−0.031%	$414K	$125K	100x	as long as short
KuCoin KAIAUSDTM	+0.0100%	4h	0.03280	+0.153%	$342K	$70K	30x	as long as short
Bitget KAIAUSDT	+0.0100%	4h	0.03276	+0.031%	$481K	$356K	75x	as long as short
BingX KAIA-USDT	+0.0100%	4h	0.03274	−0.031%	—	$6.5M	—	as long as short
Variational Omni KAIA	+0.0100%	4h	0.03267	−0.244%	$3K	$202	—	as long as short
GRVT KAIA_USDT_Perpshort	+0.0100%	4h	0.03272	−0.105%	$394K	$499K	10x
Extended KAIA-USD	+0.0104%	1h	0.03274	−0.024%	$5K	$101K	5x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin KAIA-USDT	+0.0117%	4h	0.03275	0.000%	$154K	$11K	75x	as long as short
Kraken Futures PF_KAIAUSD	+0.0256%	1h	0.03284	+0.266%	$46K	$14K	10x	as long as short