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 0.000%
Price spread now: Binance against Bybit−0.009%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$403as in the Funding arb table
Net, price: spread back to 7d avg − costs−$406as in the Price arb table
costs, in and out, $10k−$4084.084% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.054%+$5 on $10k
Price spread, last 7 days+0.039%+$4 · spread now −0.009%, 7d avg −0.036%
Together, before fees+0.093%+$9 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: Binance is 0.028% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit KAVAUSDT0.070200.0100pay 0.0100% / 8h6h 31m$1.3M$827K25x
ShortBinance KAVAUSDT0.070190.0100get 0.0050% / 4h2h 31m$7.7M$8.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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: −0.009% → −0.036%
$2.76
Slippage, 4 orders
−$387.39
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$405.62
Costs to cover
4.084%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 8 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 Bybit live order book, 5 min ago2.14 bp164.7 bp −$165doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 8 min ago0.71 bp23.3 bp −$2375.0 bp −$750398.2 bp −$39.8Kdoesn'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 KAVAUSDTshort+0.0100%4h0.07019−0.009%$7.7M$8.8M50x
Bybit KAVAUSDTlong+0.0100%8h0.07020long leg$1.3M$827K25x
Gate KAVA_USDT+0.0100%4h0.070200.000%$485K$111K25xas long as short
MEXC KAVA_USDT+0.0100%4h0.07019−0.014%$426K$167K20xas long as short
KuCoin KAVAUSDTM+0.0100%4h0.07005−0.214%$364K$55K12xas long as short
Bitget KAVAUSDT+0.0100%4h0.07019−0.014%$762K$367K25xas long as short
BingX KAVA-USDT+0.0100%4h0.070200.000%$2.3Mas long as short
Variational Omni KAVA+0.0100%8h0.07020−0.001%$644$1Kas long as short
Kraken Futures PF_KAVAUSD+0.1041%1h0.07027+0.104%$42K$32K10xas long as short