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

KAIA

all KAIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget−0.336%7-day average −0.111% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1071.073% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.095%−$9 on $10k
Price spread, last 4 days (all we have)+0.227%+$23 · spread now −0.336%, 7d avg −0.111%
Together, before fees+0.132%+$13 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: Bybit is 0.225% cheaper against Bitget than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of −0.111%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget KAIAUSDT0.032740.0100pay 0.0050% / 4h32m 39s$482K$344K75x
ShortBybit KAIAUSDT0.032630.0100get 0.0050% / 4h32m 39s$2.0M$1.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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
$0
Price spread: −0.336% → −0.111%
−$22.53
Slippage, 4 orders
−$84.27
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$129.8
Costs to cover
1.073%
Break-even
never at this rate
Slippage from Bitget: live order book, 38 min ago; Bybit: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 38 min ago4.62 bp27.8 bp −$28129.3 bp −$1,293doesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago6.13 bp31.7 bp −$32102.8 bp −$1,028doesn't fitdoesn't fit

KAIA on 12 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
Binance KAIAUSDT+0.0100%4h0.03266−0.244%$2.3M$3.5M75xas long as short
Bybit KAIAUSDTshort+0.0100%4h0.03263−0.336%$2.0M$1.5M50x
Gate KAIA_USDT+0.0100%4h0.03273−0.031%$80K$57K50xas long as short
MEXC KAIA_USDT+0.0100%4h0.03267−0.214%$413K$125K100xas long as short
KuCoin KAIAUSDTM+0.0100%4h0.03272−0.061%$337K$72K30xas long as short
Bitget KAIAUSDTlong+0.0100%4h0.03274long leg$482K$344K75x
BingX KAIA-USDT+0.0100%4h0.03265−0.275%$6.5Mas long as short
Variational Omni KAIA+0.0100%4h0.03262−0.378%$3K$202as long as short
GRVT KAIA_USDT_Perp+0.0100%4h0.03275+0.017%$393K$510K10xas long as short
Extended KAIA-USD+0.0104%1h0.03266−0.242%$977$100K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin KAIA-USDT+0.0133%4h0.03265−0.275%$154K$9K75xas long as short
Kraken Futures PF_KAIAUSD+0.0283%1h0.03276+0.050%$46K$14K10xas long as short