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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Gate+0.240%7-day average −0.088% · you sell dearer than you buy

Net, funding: paid 7d − costs−$156as in the Funding arb table

Net, price: spread back to 7d avg − costs−$123as in the Price arb table

costs, in and out, $10k−$1561.558% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.314%−$31 · spread now +0.240%, 7d avg −0.088%

Together, before fees−0.314%−$31 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: MEXC is 0.328% dearer against Gate than usual: you sell high and buy low, +$33 on $10k if it goes back to its 7-day average of −0.088%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate KAVA_USDT	0.07090	0.0100	pay 0.0050% / 4h	57m 26s	$497K	$95K	25x
Short	MEXC KAVA_USDT	0.07107	0.0100	get 0.0050% / 4h	57m 26s	$421K	$148K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Gate. 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 GatebpFee MEXCbpOrdersPrice spread, now +0.240%Rate

Funding earned: $0
Price spread: +0.240% → −0.088%: $32.81
Slippage, 4 orders: −$136.84
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$123.03
Costs to cover: 1.558%
Break-even: never at this rate

Slippage from Gate: live order book, 18 min ago; MEXC: live order book, 3 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, 18 min ago	4.99 bp	79.9 bp −$80	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	1.42 bp	10.0 bp −$10	27.3 bp −$273	146.9 bp −$14.7K	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	0.07101	+0.151%	$7.7M	$8.3M	50x	as long as short
Bybit KAVAUSDT	+0.0100%	8h	0.07107	+0.240%	$1.3M	$703K	25x	as long as short
Gate KAVA_USDTlong	+0.0100%	4h	0.07090	long leg	$497K	$95K	25x
MEXC KAVA_USDTshort	+0.0100%	4h	0.07107	+0.240%	$421K	$148K	20x
KuCoin KAVAUSDTM	+0.0100%	4h	0.07096	+0.085%	$373K	$55K	12x	as long as short
Bitget KAVAUSDT	+0.0100%	4h	0.07105	+0.212%	$771K	$342K	25x	as long as short
Variational Omni KAVA	+0.0100%	8h	0.07054	−0.514%	$2K	$1	—	as long as short
Kraken Futures PF_KAVAUSD	+0.0163%	1h	0.07086	−0.058%	$42K	$32K	10x	as long as short
BingX KAVA-USDT	+0.0200%	4h	0.07106	+0.226%	—	$2.3M	—	as long as short