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

KAVA

all KAVA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%
Price spread now: BingX against MEXC−0.043%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$580.580% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.045%+$5 on $10k
Price spread, last 4 days (all we have)+0.087%+$9 · spread now −0.043%, 7d avg +0.023%
Together, before fees+0.132%+$13 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: BingX is 0.066% cheaper against MEXC than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC KAVA_USDT0.069360.0100pay 0.0050% / 4h2h 21m$401K$161K20x
ShortBingX KAVA-USDT0.069330.0100get 0.0050% / 4h2h 21m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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: −0.043% → +0.023%
−$6.64
Slippage, 4 orders
−$44.02
Fee MEXC: 2 bp × 2 orders
−$4
Fee BingX: 5 bp × 2 orders
−$10
Net
−$64.66
Costs to cover
0.580%
Break-even
never at this rate
Slippage from MEXC: live order book, 9 min ago; BingX: live order book, 13 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 MEXC live order book, 9 min ago2.17 bp10.4 bp −$1044.4 bp −$444137.2 bp −$13.7Kdoesn't fit
Sell BingX live order book, 13 min ago5.79 bp18.3 bp −$1856.1 bp −$561219.1 bp −$21.9K585.3 bp −$292.6K

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%4h0.069360.000%$7.8M$8.8M50xas long as short
Bybit KAVAUSDT+0.0100%8h0.06932−0.058%$1.3M$848K25xas long as short
MEXC KAVA_USDTlong+0.0100%4h0.06936long leg$401K$161K20x
KuCoin KAVAUSDTM+0.0100%4h0.06930−0.087%$359K$52K12xas long as short
Bitget KAVAUSDT+0.0100%4h0.06933−0.043%$743K$430K25xas long as short
BingX KAVA-USDTshort+0.0100%4h0.06933−0.043%$2.3M
Variational Omni KAVA+0.0100%8h0.06916−0.290%$885$1Kas long as short
Gate KAVA_USDT+0.0166%4h0.06945+0.130%$514K$155K25xas long as short
Kraken Futures PF_KAVAUSD+0.0733%1h0.06945+0.126%$40K$31K10xas long as short