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

KAIA

all KAIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bybit+0.094%7-day average +0.135% · you sell dearer than you buy
Net, funding: paid 7d − costs−$539as in the Funding arb table
Net, price: spread back to 7d avg − costs−$538as in the Price arb table
costs, in and out, $10k−$5345.341% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.046%−$5 on $10k
Price spread, last 4 days (all we have)−0.127%−$13 · spread now +0.094%, 7d avg +0.135%
Together, before fees−0.173%−$17 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: KuCoin is 0.041% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.135%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit KAIAUSDT0.032010.0100pay 0.0050% / 4h2h 58m$2.0M$1.2M50x
ShortKuCoin KAIAUSDTM0.032040.0100get 0.0050% / 4h2h 58m$311K$51K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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: +0.094% → +0.135%
−$4.08
Slippage, 4 orders
−$511.07
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$538.15
Costs to cover
5.341%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; KuCoin: live order book, 24 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 Bybit live order book, 3 min ago6.24 bp31.9 bp −$32130.6 bp −$1,306doesn't fitdoesn't fit
Sell KuCoin live order book, 24 min ago7.83 bp159.8 bp −$160doesn't fitdoesn'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%4h0.03205+0.116%$2.4M$3.8M75xas long as short
Bybit KAIAUSDTlong+0.0100%4h0.03201long leg$2.0M$1.2M50x
Gate KAIA_USDT+0.0100%4h0.03208+0.219%$76K$63K50xas long as short
MEXC KAIA_USDT+0.0100%4h0.03204+0.094%$542K$146K100xas long as short
KuCoin KAIAUSDTMshort+0.0100%4h0.03204+0.094%$311K$51K30x
Bitget KAIAUSDT+0.0100%4h0.03207+0.187%$432K$363K75xas long as short
BingX KAIA-USDT+0.0100%4h0.03204+0.094%$6.5Mas long as short
Variational Omni KAIA+0.0100%4h0.03203+0.060%$3K$1as long as short
GRVT KAIA_USDT_Perp+0.0100%4h0.03210+0.281%$390K$453K10xas long as short
Extended KAIA-USD+0.0104%1h0.03204+0.093%$3K$95K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin KAIA-USDT+0.0111%4h0.03207+0.187%$155K$19K75xas long as short
Kraken Futures PF_KAIAUSD+0.1942%1h0.03212+0.334%$45K$27K10xas long as short