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

KAIA

all KAIA markets
SwapBacktest
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: KuCoin against BingX+0.155%7-day average +0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$606as in the Funding arb table
Net, price: spread back to 7d avg − costs−$589as in the Price arb table
costs, in and out, $10k−$5965.959% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.098%−$10 on $10k
Price spread, last 4 days (all we have)−0.189%−$19 · spread now +0.155%, 7d avg +0.081%
Together, before fees−0.286%−$29 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: KuCoin is 0.074% dearer against BingX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.081%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX KAIA-USDT0.032230.0100pay 0.0050% / 4h1h 02m$6.5M
ShortKuCoin KAIAUSDTM0.032280.0100get 0.0050% / 4h1h 02m$330K$71K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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: +0.155% → +0.081%
$7.4
Slippage, 4 orders
−$573.91
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$588.5
Costs to cover
5.959%
Break-even
never at this rate
Slippage from BingX: live order book, 3 min ago; KuCoin: live order book, 19 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 BingX live order book, 3 min ago10.85 bp28.1 bp −$28115.2 bp −$1,152592.2 bp −$59.2K963.2 bp −$481.6K
Sell KuCoin live order book, 19 min ago12.33 bp315.2 bp −$315doesn't fitdoesn't fitdoesn't fit

KAIA on 12 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 KAIAUSDT+0.0100%4h0.03224+0.023%$2.4M$4.0M75xas long as short
Bybit KAIAUSDT+0.0100%4h0.03221−0.062%$1.9M$1.3M50xas long as short
Gate KAIA_USDT+0.0100%4h0.03220−0.093%$83K$67K50xas long as short
MEXC KAIA_USDT+0.0100%4h0.032230.000%$517K$146K100xas long as short
KuCoin KAIAUSDTMshort+0.0100%4h0.03228+0.155%$330K$71K30x
Bitget KAIAUSDT+0.0100%4h0.03226+0.093%$460K$404K75xas long as short
BingX KAIA-USDTlong+0.0100%4h0.03223long leg$6.5M
Variational Omni KAIA+0.0100%4h0.03222−0.035%$3K$202as long as short
GRVT KAIA_USDT_Perp+0.0100%4h0.03230+0.212%$391K$511K10xas long as short
Extended KAIA-USD+0.0104%1h0.03223+0.006%$2K$95K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin KAIA-USDT+0.0138%4h0.03227+0.124%$155K$20K75xas long as short
Kraken Futures PF_KAIAUSD+0.0877%1h0.03230+0.220%$46K$39K10xas long as short