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: Bybit against MEXC+0.062%7-day average −0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$910.908% 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)−0.179%−$18 · spread now +0.062%, 7d avg −0.085%
Together, before fees−0.236%−$24 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 0.147% dearer against MEXC than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.085%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC KAIA_USDT0.032380.0100pay 0.0050% / 4h3h 55m$522K$145K100x
ShortBybit KAIAUSDT0.032400.0100get 0.0050% / 4h3h 55m$1.9M$1.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against MEXC. 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: +0.062% → −0.085%
$14.7
Slippage, 4 orders
−$75.8
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$76.1
Costs to cover
0.908%
Break-even
never at this rate
Slippage from MEXC: live order book, 45 min ago; Bybit: live order book, 6 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 MEXC live order book, 45 min ago4.66 bp13.9 bp −$1478.8 bp −$788245.5 bp −$24.5Kdoesn't fit
Sell Bybit live order book, 6 min ago6.19 bp30.8 bp −$31112.8 bp −$1,128doesn'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%4h0.03240+0.062%$2.4M$4.0M75xas long as short
Bybit KAIAUSDTshort+0.0100%4h0.03240+0.062%$1.9M$1.4M50x
Gate KAIA_USDT+0.0100%4h0.032380.000%$81K$73K50xas long as short
MEXC KAIA_USDTlong+0.0100%4h0.03238long leg$522K$145K100x
KuCoin KAIAUSDTM+0.0100%4h0.03236−0.062%$329K$69K30xas long as short
Bitget KAIAUSDT+0.0100%4h0.03239+0.031%$459K$402K75xas long as short
BingX KAIA-USDT+0.0100%4h0.03237−0.031%$6.5Mas long as short
Variational Omni KAIA+0.0100%4h0.03235−0.079%$3K$202as long as short
GRVT KAIA_USDT_Perp+0.0100%4h0.03232−0.184%$394K$505K10xas long as short
Extended KAIA-USD+0.0104%1h0.03237−0.036%$963$97K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin KAIA-USDT+0.0122%4h0.03240+0.062%$154K$21K75xas long as short
Kraken Futures PF_KAIAUSD+0.1621%1h0.03247+0.293%$46K$39K10xas long as short