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

KAVA

all KAVA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.52 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against KuCoin+0.128%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,223as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,230as in the Price arb table
costs, in and out, $10k−$1,23612.364% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.134%+$13 on $10k
Price spread, last 4 days (all we have)−0.003%$0 · spread now +0.128%, 7d avg +0.063%
Together, before fees+0.132%+$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Gate is 0.065% dearer against KuCoin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.063%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin KAVAUSDTM0.070060.0100pay 0.0050% / 4h3h 58m$364K$49K12x
ShortGate KAVA_USDT0.070150.0204get 0.0102% / 4h3h 58m$524K$135K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$21.84
Price spread: +0.128% → +0.063%
$6.53
Slippage, 4 orders
−$1,209.37
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$1,208
Costs to cover
12.364%
Break-even
394.2 days
Slippage from KuCoin: live order book, 14 min ago; Gate: live order book, 57 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, 14 min ago17.86 bp647.7 bp −$648doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 57 min ago5.66 bp69.6 bp −$70doesn'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%4h0.07003−0.043%$7.9M$8.5M50xas long as short
Bybit KAVAUSDT+0.0100%8h0.070060.000%$1.3M$798K25xas long as short
MEXC KAVA_USDT+0.0100%4h0.07003−0.043%$422K$154K20xas long as short
KuCoin KAVAUSDTMlong+0.0100%4h0.07006long leg$364K$49K12x
Bitget KAVAUSDT+0.0100%4h0.07007+0.014%$761K$376K25xas long as short
BingX KAVA-USDT+0.0100%4h0.07005−0.014%$2.3Mas long as short
Variational Omni KAVA+0.0100%8h0.07005−0.017%$643$1Kas long as short
Gate KAVA_USDTshort+0.0204%4h0.07015+0.128%$524K$135K25x
Kraken Futures PF_KAVAUSD+0.0821%1h0.07013+0.101%$41K$31K10xas long as short