Funding arb · Price arb /

KAVA

all KAVA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against KuCoin+0.014%7-day average −0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,285as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,293as in the Price arb table

costs, in and out, $10k−$1,29712.973% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.127%+$13 on $10k

Price spread, last 4 days (all we have)+0.089%+$9 · spread now +0.014%, 7d avg −0.032%

Together, before fees+0.215%+$22 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: Bitget is 0.047% dearer against KuCoin than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.032%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin KAVAUSDTM	0.07003	0.0100	pay 0.0050% / 4h	2h 27m	$364K	$55K	12x
Short	Bitget KAVAUSDT	0.07004	0.0100	get 0.0050% / 4h	2h 27m	$760K	$367K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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 KuCoinbpFee BitgetbpOrdersPrice spread, now +0.014%Rate

Funding earned: $0
Price spread: +0.014% → −0.032%: $4.67
Slippage, 4 orders: −$1,273.26
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$1,292.59
Costs to cover: 12.973%
Break-even: never at this rate

Slippage from KuCoin: live order book, 10 min ago; Bitget: live order book, 38 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 KuCoin live order book, 10 min ago	15.70 bp	636.3 bp −$636	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 38 min ago	7.07 bp	28.8 bp −$29	101.3 bp −$1,013	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	0.07011	+0.115%	$7.7M	$8.8M	50x	as long as short
Bybit KAVAUSDT	+0.0100%	8h	0.07006	+0.043%	$1.3M	$829K	25x	as long as short
Gate KAVA_USDT	+0.0100%	4h	0.07013	+0.143%	$484K	$112K	25x	as long as short
MEXC KAVA_USDT	+0.0100%	4h	0.07010	+0.100%	$425K	$168K	20x	as long as short
KuCoin KAVAUSDTMlong	+0.0100%	4h	0.07003	long leg	$364K	$55K	12x
Bitget KAVAUSDTshort	+0.0100%	4h	0.07004	+0.014%	$760K	$367K	25x
BingX KAVA-USDT	+0.0100%	4h	0.07007	+0.057%	—	$2.3M	—	as long as short
Variational Omni KAVA	+0.0100%	8h	0.07020	+0.241%	$644	$1K	—	as long as short
Kraken Futures PF_KAVAUSD	+0.1042%	1h	0.07019	+0.234%	$42K	$32K	10x	as long as short