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

KAIA

all KAIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: BingX against Extended−0.092%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$172as in the Price arb table
costs, in and out, $10k−$1631.627% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.007%+$1 on $10k
Price spread, last 4 days (all we have)+0.128%+$13 · spread now −0.092%, 7d avg +0.001%
Together, before fees+0.135%+ Points / potential airdropExtended: Active · farm board+$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: BingX is 0.093% cheaper against Extended than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended KAIA-USD0.032590.0104pay 0.0013% / 1h21m 11s$967$100K5x
ShortBingX KAIA-USDT0.032560.0100get 0.0050% / 4h1h 21m$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Extended. 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
−$0.84
Price spread: −0.092% → +0.001%
−$9.31
Slippage, 4 orders
−$147.74
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BingX: 5 bp × 2 orders
−$10
Net
−$172.89
Costs to cover
1.627%
Break-even
never at this rate
Slippage from Extended: live order book, 59 min ago; BingX: live order book, 5 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 Extended live order book, 59 min ago6.61 bp51.3 bp −$51353.9 bp −$3,539doesn't fitdoesn't fit
Sell BingX live order book, 5 min ago10.78 bp26.4 bp −$2678.6 bp −$786521.7 bp −$52.2K995.3 bp −$497.7K

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
Kraken Futures PF_KAIAUSD−0.0929%1h0.03263+0.135%$46K$14K10xas long as short
Binance KAIAUSDT+0.0100%4h0.03257−0.054%$2.3M$3.5M75xas long as short
Bybit KAIAUSDT+0.0100%4h0.03256−0.092%$2.0M$1.5M50xas long as short
Gate KAIA_USDT+0.0100%4h0.03256−0.092%$79K$56K50xas long as short
MEXC KAIA_USDT+0.0100%4h0.03258−0.031%$412K$126K100xas long as short
KuCoin KAIAUSDTM+0.0100%4h0.03260+0.030%$336K$73K30xas long as short
Bitget KAIAUSDT+0.0100%4h0.03260+0.030%$475K$335K75xas long as short
BingX KAIA-USDTshort+0.0100%4h0.03256−0.092%$6.5M
Variational Omni KAIA+0.0100%4h0.03249−0.320%$3K$202as long as short
GRVT KAIA_USDT_Perp+0.0100%4h0.03253−0.191%$386K$497K10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended KAIA-USDlong+0.0104%1h0.03259long leg$967$100K5x
BloFin KAIA-USDT+0.0155%4h0.03258−0.031%$154K$9K75xas long as short