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

KAVA

all KAVA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against KuCoin+0.157%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,385as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,379as in the Price arb table
costs, in and out, $10k−$1,39313.928% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.081%+$8 on $10k
Price spread, last 4 days (all we have)−0.013%−$1 · spread now +0.157%, 7d avg +0.024%
Together, before fees+0.068%+$7 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: Bybit is 0.134% dearer against KuCoin than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.024%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin KAVAUSDTM0.069880.0100pay 0.0050% / 4h3h 58m$361K$50K12x
ShortBybit KAVAUSDT0.069990.0100get 0.0100% / 8h7h 58m$1.3M$861K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
$0
Price spread: +0.157% → +0.024%
$13.36
Slippage, 4 orders
−$1,369.78
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$1,379.42
Costs to cover
13.928%
Break-even
never at this rate
Slippage from KuCoin: live order book, 34 min ago; Bybit: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 34 min ago16.46 bp820.0 bp −$820doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago1.43 bp83.1 bp −$83doesn't fitdoesn't fitdoesn't fit

KAVA on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance KAVAUSDT+0.0100%4h0.06994+0.086%$7.9M$8.8M50xas long as short
Bybit KAVAUSDTshort+0.0100%8h0.06999+0.157%$1.3M$861K25x
MEXC KAVA_USDT+0.0100%4h0.06994+0.086%$394K$159K20xas long as short
KuCoin KAVAUSDTMlong+0.0100%4h0.06988long leg$361K$50K12x
Bitget KAVAUSDT+0.0100%4h0.06990+0.029%$749K$437K25xas long as short
BingX KAVA-USDT+0.0100%4h0.06996+0.114%$2.3Mas long as short
Variational Omni KAVA+0.0100%8h0.07000+0.173%$896$1Kas long as short
Gate KAVA_USDT+0.0230%4h0.07009+0.301%$518K$152K25xas long as short
Kraken Futures PF_KAVAUSD+0.0909%1h0.07001+0.181%$40K$31K10xas long as short