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

KAIA

all KAIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bybit+0.031%7-day average +0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$880.883% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.057%+$6 on $10k
Price spread, last 4 days (all we have)+0.069%+$7 · spread now +0.031%, 7d avg +0.083%
Together, before fees+0.126%+$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: MEXC is 0.052% cheaper against Bybit than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.083%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit KAIAUSDT0.032120.0100pay 0.0050% / 4h2h 53m$1.9M$1.4M50x
ShortMEXC KAIA_USDT0.032130.0100get 0.0050% / 4h2h 53m$518K$145K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.031% → +0.083%
−$5.21
Slippage, 4 orders
−$73.3
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$93.5
Costs to cover
0.883%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; MEXC: live order book, 42 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 ago4.66 bp30.3 bp −$30121.3 bp −$1,213doesn't fitdoesn't fit
Sell MEXC live order book, 42 min ago3.07 bp12.9 bp −$1394.3 bp −$943248.5 bp −$24.8Kdoesn'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%4h0.03215+0.085%$2.4M$4.1M75xas long as short
Bybit KAIAUSDTlong+0.0100%4h0.03212long leg$1.9M$1.4M50x
Gate KAIA_USDT+0.0100%4h0.03216+0.125%$80K$74K50xas long as short
MEXC KAIA_USDTshort+0.0100%4h0.03213+0.031%$518K$145K100x
KuCoin KAIAUSDTM+0.0100%4h0.03214+0.062%$317K$68K30xas long as short
Bitget KAIAUSDT+0.0100%4h0.03216+0.125%$463K$400K75xas long as short
BingX KAIA-USDT+0.0100%4h0.03218+0.187%$6.5Mas long as short
Variational Omni KAIA+0.0100%4h0.03218+0.185%$3K$202as long as short
GRVT KAIA_USDT_Perp+0.0100%4h0.03222+0.311%$384K$510K10xas long as short
Extended KAIA-USD+0.0104%1h0.03214+0.051%$959$98K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin KAIA-USDT+0.0128%4h0.03215+0.093%$155K$21K75xas long as short
Kraken Futures PF_KAIAUSD+0.1529%1h0.03223+0.348%$45K$39K10xas long as short