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

KAIA

all KAIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bybit against Extended−0.140%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1431.433% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.106%−$11 on $10k
Price spread, last 4 days (all we have)+0.109%+$11 · spread now −0.140%, 7d avg −0.059%
Together, before fees+0.003%+ Points / potential airdropExtended: Active · farm board$0 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 0.081% cheaper against Extended than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.059%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended KAIA-USD0.032790.0104pay 0.0013% / 1h56m 42s$977$100K5x
ShortBybit KAIAUSDT0.032740.0100get 0.0050% / 4h56m 42s$2.0M$1.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.140% → −0.059%
−$8.07
Slippage, 4 orders
−$127.28
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$152.2
Costs to cover
1.433%
Break-even
never at this rate
Slippage from Extended: live order book, 19 min ago; Bybit: 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, 19 min ago5.69 bp33.6 bp −$34319.7 bp −$3,197doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago4.59 bp27.1 bp −$27106.3 bp −$1,063doesn'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%4h0.032790.000%$2.3M$3.5M75xas long as short
Bybit KAIAUSDTshort+0.0100%4h0.03274−0.140%$2.0M$1.5M50x
Gate KAIA_USDT+0.0100%4h0.03278−0.018%$81K$55K50xas long as short
MEXC KAIA_USDT+0.0100%4h0.03279+0.013%$415K$124K100xas long as short
KuCoin KAIAUSDTM+0.0100%4h0.03282+0.104%$338K$73K30xas long as short
Bitget KAIAUSDT+0.0100%4h0.03280+0.043%$478K$334K75xas long as short
BingX KAIA-USDT+0.0100%4h0.03278−0.018%$6.5Mas long as short
Variational Omni KAIA+0.0100%4h0.03268−0.321%$3K$202as long as short
GRVT KAIA_USDT_Perp+0.0100%4h0.03277−0.059%$389K$489K10xas long as short
Extended KAIA-USDlong+0.0104%1h0.03279long leg$977$100K5x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin KAIA-USDT+0.0124%4h0.03276−0.079%$154K$9K75xas long as short
Kraken Futures PF_KAIAUSD+0.0282%1h0.03287+0.268%$46K$14K10xas long as short