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

KAVA

all KAVA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Bitget−0.058%7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$253as in the Funding arb table
Net, price: spread back to 7d avg − costs−$259as in the Price arb table
costs, in and out, $10k−$2482.483% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.046%−$5 on $10k
Price spread, last 4 days (all we have)+0.054%+$5 · spread now −0.058%, 7d avg +0.046%
Together, before fees+0.008%+$1 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 0.104% cheaper against Bitget than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget KAVAUSDT0.069010.0100pay 0.0050% / 4h2h 32m$745K$425K25x
ShortBybit KAVAUSDT0.068970.0100get 0.0100% / 8h2h 32m$1.3M$835K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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: −0.058% → +0.046%
−$10.39
Slippage, 4 orders
−$225.29
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$258.68
Costs to cover
2.483%
Break-even
never at this rate
Slippage from Bitget: live order book, 13 min ago; Bybit: live order book, 9 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 Bitget live order book, 13 min ago6.53 bp26.1 bp −$26101.9 bp −$1,019doesn't fitdoesn't fit
Sell Bybit live order book, 9 min ago5.80 bp149.3 bp −$149883.6 bp −$8,836doesn'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%4h0.06900−0.017%$7.7M$8.8M50xas long as short
Bybit KAVAUSDTshort+0.0100%8h0.06897−0.058%$1.3M$835K25x
MEXC KAVA_USDT+0.0100%4h0.069010.000%$399K$160K20xas long as short
KuCoin KAVAUSDTM+0.0100%4h0.06894−0.101%$358K$51K12xas long as short
Bitget KAVAUSDTlong+0.0100%4h0.06901long leg$745K$425K25x
BingX KAVA-USDT+0.0100%4h0.06903+0.029%$2.3Mas long as short
Variational Omni KAVA+0.0100%8h0.06912+0.158%$886$1Kas long as short
Gate KAVA_USDT+0.0268%4h0.06915+0.203%$510K$152K25xas long as short
Kraken Futures PF_KAVAUSD+0.0737%1h0.06906+0.067%$40K$31K10xas long as short