Funding you earn now, next payment 08:00 UTC−0.0150%/8h= −16.4% APRpaid last 24h 0.000%
Price spread now: Bybit against Gate−0.145%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$319as in the Funding arb table
Net, price: spread back to 7d avg − costs−$324as in the Price arb table
costs, in and out, $10k−$3143.140% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 4 days (all we have)+0.107%+$11 · spread now −0.145%, 7d avg −0.045%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bybit is 0.099% cheaper against Gate than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.045%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate KAVA_USDT | 0.06917 | 0.0250 | pay 0.0125% / 4h | 2h 31m | $510K | $152K | 25x |
| Short | Bybit KAVAUSDT | 0.06907 | 0.0100 | get 0.0100% / 8h | 2h 31m | $1.3M | $838K | 25x |
Gate KAVA_USDT
Bybit KAVAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$31.5
- Price spread: −0.145% → −0.045%
- −$9.93
- Slippage, 4 orders
- −$288.03
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$355.46
- Costs to cover
- 3.140%
- Break-even
- never at this rate
Slippage from Gate: live order book, 14 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 14 min ago | 11.57 bp | 51.6 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 9 min ago | 5.80 bp | 149.3 bp −$149 | 883.6 bp −$8,836 | 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 | 0.06905 | −0.177% | $7.7M | $8.8M | 50x | as long as short |
| Bybit KAVAUSDTshort | +0.0100% | 8h | 0.06907 | −0.145% | $1.3M | $838K | 25x | |
| MEXC KAVA_USDT | +0.0100% | 4h | 0.06907 | −0.145% | $399K | $160K | 20x | as long as short |
| KuCoin KAVAUSDTM | +0.0100% | 4h | 0.06897 | −0.289% | $359K | $51K | 12x | as long as short |
| Bitget KAVAUSDT | +0.0100% | 4h | 0.06902 | −0.217% | $745K | $425K | 25x | as long as short |
| BingX KAVA-USDT | +0.0100% | 4h | 0.06910 | −0.101% | — | $2.3M | — | as long as short |
| Variational Omni KAVA | +0.0100% | 8h | 0.06912 | −0.073% | $886 | $1K | — | as long as short |
| Gate KAVA_USDTlong | +0.0250% | 4h | 0.06917 | long leg | $510K | $152K | 25x | |
| Kraken Futures PF_KAVAUSD | +0.0737% | 1h | 0.06906 | −0.164% | $40K | $31K | 10x | as long as short |
Binance KAVAUSDT
MEXC KAVA_USDT
KuCoin KAVAUSDTM
Bitget KAVAUSDT
BingX KAVA-USDT
Variational Omni KAVA
Kraken Futures PF_KAVAUSD