Funding arb · Price arb /

KAVA

all KAVA markets

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: Gate against Binance+0.071%7-day average +0.095% · you sell dearer than you buy

Net, funding: paid 7d − costs−$166as in the Funding arb table

Net, price: spread back to 7d avg − costs−$168as in the Price arb table

costs, in and out, $10k−$1661.656% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.051%+$5 · spread now +0.071%, 7d avg +0.095%

Together, before fees+0.051%+$5 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: Gate is 0.024% cheaper against Binance than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.095%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance KAVAUSDT	0.07056	0.0100	pay 0.0050% / 4h	3h 19m	$7.7M	$8.7M	50x
Short	Gate KAVA_USDT	0.07061	0.0100	get 0.0050% / 4h	3h 19m	$488K	$109K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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 BinancebpFee GatebpOrdersPrice spread, now +0.071%Rate

Funding earned: $0
Price spread: +0.071% → +0.095%: −$2.41
Slippage, 4 orders: −$140.61
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$168.02
Costs to cover: 1.656%
Break-even: never at this rate

Slippage from Binance: live order book, 4 min ago; Gate: live order book, 51 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 Binance live order book, 4 min ago	2.83 bp	24.8 bp −$25	74.8 bp −$748	744.6 bp −$74.5K	doesn't fit
Sell Gate live order book, 51 min ago	9.18 bp	59.2 bp −$59	doesn't fit	doesn't fit	doesn't fit

KAVA on 9 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
Binance KAVAUSDTlong	+0.0100%	4h	0.07056	long leg	$7.7M	$8.7M	50x
Bybit KAVAUSDT	+0.0100%	8h	0.07061	+0.071%	$1.3M	$809K	25x	as long as short
Gate KAVA_USDTshort	+0.0100%	4h	0.07061	+0.071%	$488K	$109K	25x
MEXC KAVA_USDT	+0.0100%	4h	0.07055	−0.014%	$420K	$157K	20x	as long as short
KuCoin KAVAUSDTM	+0.0100%	4h	0.07048	−0.113%	$367K	$56K	12x	as long as short
Bitget KAVAUSDT	+0.0100%	4h	0.07058	+0.028%	$765K	$366K	25x	as long as short
BingX KAVA-USDT	+0.0100%	4h	0.07058	+0.028%	—	$2.3M	—	as long as short
Variational Omni KAVA	+0.0100%	8h	0.07060	+0.061%	$647	$1K	—	as long as short
Kraken Futures PF_KAVAUSD	+0.0208%	1h	0.07071	+0.215%	$42K	$32K	10x	as long as short