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

KAVA

all KAVA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.010%
Price spread now: Bybit against BingX+0.057%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$309as in the Funding arb table
Net, price: spread back to 7d avg − costs−$295as in the Price arb table
costs, in and out, $10k−$2992.994% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.099%−$10 on $10k
Price spread, last 7 days−0.059%−$6 · spread now +0.057%, 7d avg +0.015%
Together, before fees−0.158%−$16 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 0.042% dearer against BingX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX KAVA-USDT0.070580.0100pay 0.0050% / 4h3h 19m$2.3M
ShortBybit KAVAUSDT0.070620.0100get 0.0100% / 8h7h 19m$1.3M$809K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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: +0.057% → +0.015%
$4.22
Slippage, 4 orders
−$278.42
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$295.21
Costs to cover
2.994%
Break-even
never at this rate
Slippage from BingX: live order book, 14 min ago; Bybit: live order book, 1 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 BingX live order book, 14 min ago5.68 bp24.8 bp −$2574.0 bp −$740492.6 bp −$49.3K1192.6 bp −$596.3K
Sell Bybit live order book, 1 min ago5.66 bp123.3 bp −$123818.9 bp −$8,189doesn't fitdoesn't fit

KAVA on 9 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 KAVAUSDT+0.0100%4h0.07056−0.035%$7.7M$8.7M50xas long as short
Bybit KAVAUSDTshort+0.0100%8h0.07062+0.057%$1.3M$809K25x
Gate KAVA_USDT+0.0100%4h0.07061+0.043%$488K$109K25xas long as short
MEXC KAVA_USDT+0.0100%4h0.07055−0.043%$420K$157K20xas long as short
KuCoin KAVAUSDTM+0.0100%4h0.07048−0.142%$367K$56K12xas long as short
Bitget KAVAUSDT+0.0100%4h0.07057−0.014%$765K$366K25xas long as short
BingX KAVA-USDTlong+0.0100%4h0.07058long leg$2.3M
Variational Omni KAVA+0.0100%8h0.07060+0.033%$647$1Kas long as short
Kraken Futures PF_KAVAUSD+0.0208%1h0.07071+0.186%$42K$32K10xas long as short