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

KAVA

All KAVA markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
Bybit SpotKAVAUSDT
0.06814spotno funding——$122K1xBuy Bybit Spot
SHORT
BybitKAVAUSDT
0.06813+0.0100get 0.0100% / 8h7h 44m$904K$325K25xShort Bybit
Price gap−0.007%
Funding gap+0.0100% /8h

Both sides work: funding pays +$3 a day on $10k, and the gap is 0.035% above its 7d average: +$3 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$8+0.0100% /8h now · paid +0.083% over the last 7D
Price+$3spread −0.007% now, avg −0.042% → +0.035% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs+$12+0.12%no pointscosts unknown: book too thin at $10k ·

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.007%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

KAVA on 9 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Watch: Thin at this size1190.6 / 93.4 bp
    At $10k entering Bybit Spot costs 1190.6 bp, fee and slippage, 12.7× Bybit’s.
  • Note: Spot in full, margin on the short$10,000 + $400
    The spot leg is bought with the whole $10k; Bybit runs at up to 25x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on Bybit.
  • OK: Only the short pays funding— / 8h
    The spot leg pays no funding; Bybit settles every 8h.
    Next 24h at the current rates, on $10k a leg: +$3.00Long Bybit Spot: 0 payments, $0.00; short Bybit: 3 payments, +$3.00.
  • OK: Entry gap works for you−0.007% vs −0.042%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thin$904K OI
    Bybit sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBybit Spot Yes · Bybit Yes
    Standard verification is mandatory for every product.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0039%/8h × 21 periods+$8.26
Price spread−0.007% → −0.042% (7d avg)+$3.50
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k—
doesn’t fit the books at $10k
Costs to cover—Break-even—
Slippage: Bybit Spot: live order book, 46 min ago; Bybit: live order book, 34 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBybit Spot5.181190.6 bp−$1,191doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit2.9593.4 bp−$93743.0 bp−$7,430doesn’t fitdoesn’t fit

Closing costs about the same again.

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