Funding arb · Price arb /

KAVA

all KAVA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Gate against Bybit+0.141%7-day average +0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$353as in the Funding arb table

Net, price: spread back to 7d avg − costs−$351as in the Price arb table

costs, in and out, $10k−$3613.609% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.079%+$8 on $10k

Price spread, last 4 days (all we have)−0.104%−$10 · spread now +0.141%, 7d avg +0.043%

Together, before fees−0.025%−$3 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 0.099% dearer against Bybit than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.043%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit KAVAUSDT	0.07071	0.0100	pay 0.0100% / 8h	9m 37s	$1.3M	$770K	25x
Short	Gate KAVA_USDT	0.07081	0.0100	get 0.0050% / 4h	9m 37s	$492K	$102K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee BybitbpFee GatebpOrdersPrice spread, now +0.141%Rate

Funding earned: $0
Price spread: +0.141% → +0.043%: $9.86
Slippage, 4 orders: −$334.89
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$351.03
Costs to cover: 3.609%
Break-even: never at this rate

Slippage from Bybit: live order book, 1 min ago; Gate: live order book, 1 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 Bybit live order book, 1 min ago	4.95 bp	106.2 bp −$106	865.6 bp −$8,656	doesn't fit	doesn't fit
Sell Gate live order book, 1 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 KAVAUSDT	+0.0100%	4h	0.07069	−0.029%	$7.7M	$8.4M	50x	as long as short
Bybit KAVAUSDTlong	+0.0100%	8h	0.07071	long leg	$1.3M	$770K	25x
Gate KAVA_USDTshort	+0.0100%	4h	0.07081	+0.141%	$492K	$102K	25x
MEXC KAVA_USDT	+0.0100%	4h	0.07075	+0.057%	$402K	$154K	20x	as long as short
KuCoin KAVAUSDTM	+0.0100%	4h	0.07066	−0.071%	$368K	$57K	12x	as long as short
Bitget KAVAUSDT	+0.0100%	4h	0.07074	+0.042%	$766K	$361K	25x	as long as short
Variational Omni KAVA	+0.0100%	8h	0.07074	+0.049%	$2K	$1	—	as long as short
Kraken Futures PF_KAVAUSD	+0.0162%	1h	0.07090	+0.275%	$42K	$32K	10x	as long as short
BingX KAVA-USDT	+0.0200%	4h	0.07066	−0.071%	—	$2.3M	—	as long as short