Funding you earn now, next payment 08:00 UTC+0.0480%/8h= +52.6% APRnext payment +$2.40 per $10,000 · paid last 24h −0.010%
Price spread now: Gate against BingX+0.057%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1601.605% of the position
Funding, last 7 days−0.045%−$5 on $10k
+Price spread, last 4 days (all we have)−0.039%−$4 · spread now +0.057%, 7d avg +0.068%
=The price spread sits at its 7-day average of +0.068%, so right now this pair is about funding alone: +$14 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.045% in total (about -2.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.40 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX KAVA-USDT | 0.07011 | 0.0100 | pay 0.0050% / 4h | 1h 08m | — | $2.3M | — |
| Short | Gate KAVA_USDT | 0.07015 | 0.0580 | get 0.0290% / 4h | 1h 08m | $518K | $157K | 25x |
BingX KAVA-USDT
Gate KAVA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $100.8
- Price spread: +0.057% → +0.068%
- −$1.08
- Slippage, 4 orders
- −$135.49
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$60.76
- Costs to cover
- 1.605%
- Break-even
- 11.2 days
Slippage from BingX: live order book, 11 min ago; Gate: live order book, 33 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 BingX live order book, 11 min ago | 5.72 bp | 16.9 bp −$17 | 48.7 bp −$487 | 420.1 bp −$42.0K | 1223.0 bp −$611.5K |
| Sell Gate live order book, 33 min ago | 3.57 bp | 51.7 bp −$52 | 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 KAVAUSDT | +0.0100% | 4h | 0.07006 | −0.077% | $7.9M | $8.9M | 50x | as long as short |
| Bybit KAVAUSDT | +0.0100% | 8h | 0.07005 | −0.086% | $1.3M | $865K | 25x | as long as short |
| MEXC KAVA_USDT | +0.0100% | 4h | 0.07005 | −0.086% | $398K | $163K | 20x | as long as short |
| KuCoin KAVAUSDTM | +0.0100% | 4h | 0.06995 | −0.228% | $362K | $49K | 12x | as long as short |
| Bitget KAVAUSDT | +0.0100% | 4h | 0.07003 | −0.114% | $750K | $437K | 25x | as long as short |
| BingX KAVA-USDTlong | +0.0100% | 4h | 0.07011 | long leg | — | $2.3M | — | |
| Variational Omni KAVA | +0.0100% | 8h | 0.07007 | −0.061% | $898 | $1K | — | as long as short |
| Gate KAVA_USDTshort | +0.0580% | 4h | 0.07015 | +0.057% | $518K | $157K | 25x | |
| Kraken Futures PF_KAVAUSD | +0.1186% | 1h | 0.07012 | +0.014% | $40K | $31K | 10x | as long as short |
Binance KAVAUSDT
Bybit KAVAUSDT
MEXC KAVA_USDT
KuCoin KAVAUSDTM
Bitget KAVAUSDT
Variational Omni KAVA
Kraken Futures PF_KAVAUSD