Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.005%
Price spread now: BingX against Gate−0.113%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$182as in the Funding arb table
Net, price: spread back to 7d avg − costs−$191as in the Price arb table
costs, in and out, $10k−$1861.857% of the position
Funding, last 7 days+0.040%+$4 on $10k
+Price spread, last 4 days (all we have)+0.093%+$9 · spread now −0.113%, 7d avg −0.064%
=Funding pays, the price is against you. BingX is 0.049% cheaper against Gate than usual: you would sell low and buy high (spread −0.113% now, against its 7-day average of −0.064%). If the spread goes back, that is −$5 on $10k: about 40 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.040% in total) that is about 8.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate KAVA_USDT | 0.07070 | 0.0100 | pay 0.0050% / 4h | 59m 45s | $496K | $95K | 25x |
| Short | BingX KAVA-USDT | 0.07062 | 0.0200 | get 0.0100% / 4h | 59m 45s | — | $2.3M | — |
Gate KAVA_USDT
BingX KAVA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Gate. 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
- $21
- Price spread: −0.113% → −0.064%
- −$4.94
- Slippage, 4 orders
- −$160.68
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$169.62
- Costs to cover
- 1.857%
- Break-even
- 63.5 days
Slippage from Gate: live order book, 16 min ago; BingX: live order book, 14 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 Gate live order book, 16 min ago | 4.99 bp | 79.9 bp −$80 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 14 min ago | 6.41 bp | 29.7 bp −$30 | 59.8 bp −$598 | 298.7 bp −$29.9K | 690.7 bp −$345.3K |
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 | 0.07064 | −0.085% | $7.7M | $8.2M | 50x | as long as short |
| Bybit KAVAUSDT | +0.0100% | 8h | 0.07067 | −0.042% | $1.3M | $701K | 25x | as long as short |
| Gate KAVA_USDTlong | +0.0100% | 4h | 0.07070 | long leg | $496K | $95K | 25x | |
| MEXC KAVA_USDT | +0.0100% | 4h | 0.07067 | −0.042% | $419K | $151K | 20x | as long as short |
| KuCoin KAVAUSDTM | +0.0100% | 4h | 0.07054 | −0.226% | $371K | $55K | 12x | as long as short |
| Bitget KAVAUSDT | +0.0100% | 4h | 0.07067 | −0.042% | $760K | $338K | 25x | as long as short |
| Variational Omni KAVA | +0.0100% | 8h | 0.07054 | −0.233% | $2K | $1 | — | as long as short |
| BingX KAVA-USDTshort | +0.0200% | 4h | 0.07062 | −0.113% | — | $2.3M | — | |
| Kraken Futures PF_KAVAUSD | +0.0861% | 1h | 0.07074 | +0.058% | $42K | $32K | 10x | as long as short |
Binance KAVAUSDT
Bybit KAVAUSDT
MEXC KAVA_USDT
KuCoin KAVAUSDTM
Bitget KAVAUSDT
Variational Omni KAVA
Kraken Futures PF_KAVAUSD