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

KAVA

all KAVA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against MEXC0.000%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$209as in the Funding arb table
Net, price: spread back to 7d avg − costs−$206as in the Price arb table
costs, in and out, $10k−$2012.014% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.079%−$8 on $10k
Price spread, last 4 days (all we have)+0.014%+$1 · spread now 0.000%, 7d avg +0.045%
Together, before fees−0.065%−$6 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 0.045% cheaper against MEXC than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.045%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC KAVA_USDT0.070870.0100pay 0.0050% / 4h55m 04s$420K$148K20x
ShortBybit KAVAUSDT0.070870.0100get 0.0100% / 8h55m 04s$1.3M$705K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: 0.000% → +0.045%
−$4.55
Slippage, 4 orders
−$186.41
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$205.96
Costs to cover
2.014%
Break-even
never at this rate
Slippage from MEXC: live order book, 6 min ago; Bybit: live order book, 1 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, 6 min ago1.42 bp9.0 bp −$943.0 bp −$430147.7 bp −$14.8Kdoesn't fit
Sell Bybit live order book, 1 min ago4.94 bp108.4 bp −$108676.8 bp −$6,768doesn'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%4h0.07086−0.010%$7.7M$8.3M50xas long as short
Bybit KAVAUSDTshort+0.0100%8h0.070870.000%$1.3M$705K25x
Gate KAVA_USDT+0.0100%4h0.07099+0.169%$498K$96K25xas long as short
MEXC KAVA_USDTlong+0.0100%4h0.07087long leg$420K$148K20x
KuCoin KAVAUSDTM+0.0100%4h0.07085−0.028%$371K$55K12xas long as short
Bitget KAVAUSDT+0.0100%4h0.07091+0.056%$770K$343K25xas long as short
Variational Omni KAVA+0.0100%8h0.07088+0.008%$2K$1as long as short
Kraken Futures PF_KAVAUSD+0.0162%1h0.07099+0.169%$42K$32K10xas long as short
BingX KAVA-USDT+0.0200%4h0.07092+0.071%$2.3Mas long as short