Funding arb · Price arb /

KAIA

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against GRVT+0.093%53s7-day average +0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$688as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$6796.785% of the position

Long on GRVT Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.098%−$10 on $10k

Price spread, last 4 days (all we have)−0.381%−$38 · spread now +0.093%, 7d avg +0.010%

Together, before fees−0.478%+ Points / potential airdropGRVT: Active · farm board−$48 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 0.083% dearer against GRVT than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.010%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT KAIA_USDT_Perp	0.03239	0.0100	pay 0.0050% / 4h	1h 12m	$392K	$511K	10x
Short	KuCoin KAIAUSDTM	0.03242	0.0100	get 0.0050% / 4h	1h 12m	$333K	$71K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against GRVT. 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

Position, each leg$Hold fordaysFee GRVTbpFee KuCoinbpOrdersPrice spread, now +0.093%Rate

Funding earned: $0
Price spread: +0.093% → +0.010%: $8.31
Slippage, 4 orders: −$657.52
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$670.21
Costs to cover: 6.785%
Break-even: never at this rate

Slippage from GRVT: live order book, 50 min ago; KuCoin: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy GRVT live order book, 50 min ago	15.39 bp	71.0 bp −$71	11083.6 bp −$110.8K	doesn't fit	doesn't fit
Sell KuCoin live order book, 9 min ago	12.33 bp	315.2 bp −$315	doesn't fit	doesn't fit	doesn't fit

KAIA on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin KAIA-USDT	+0.0071%	4h	0.03236	−0.092%	$112K	$20K	75x	as long as short
Binance KAIAUSDT	+0.0100%	4h	0.03241	+0.076%	$2.4M	$4.0M	75x	as long as short
Bybit KAIAUSDT	+0.0100%	4h	0.03240	+0.031%	$1.9M	$1.4M	50x	as long as short
Gate KAIA_USDT	+0.0100%	4h	0.03240	+0.031%	$84K	$67K	50x	as long as short
MEXC KAIA_USDT	+0.0100%	4h	0.03241	+0.062%	$520K	$145K	100x	as long as short
KuCoin KAIAUSDTMshort	+0.0100%	4h	0.03242	+0.093%	$333K	$71K	30x
Bitget KAIAUSDT	+0.0100%	4h	0.03242	+0.093%	$464K	$409K	75x	as long as short
BingX KAIA-USDT	+0.0100%	4h	0.03242	+0.093%	—	$6.5M	—	as long as short
Variational Omni KAIA	+0.0100%	4h	0.03239	+0.012%	$3K	$202	—	as long as short
GRVT KAIA_USDT_Perplong	+0.0100%	4h	0.03239	long leg	$392K	$511K	10x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended KAIA-USD	+0.0104%	1h	0.03241	+0.047%	$2K	$99K	5x	as long as short
Kraken Futures PF_KAIAUSD	+0.0871%	1h	0.03250	+0.339%	$46K	$39K	10x	as long as short