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

KAVA

all KAVA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.010%
Price spread now: BingX against Bybit+0.071%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$327as in the Funding arb table
Net, price: spread back to 7d avg − costs−$329as in the Price arb table
costs, in and out, $10k−$3373.373% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.099%+$10 on $10k
Price spread, last 7 days−0.056%−$6 · spread now +0.071%, 7d avg −0.014%
Together, before fees+0.043%+$4 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 0.085% dearer against Bybit than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit KAVAUSDT0.070180.0100pay 0.0100% / 8h6h 44m$1.3M$827K25x
ShortBingX KAVA-USDT0.070230.0100get 0.0050% / 4h2h 44m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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: +0.071% → −0.014%
$8.53
Slippage, 4 orders
−$316.3
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$328.77
Costs to cover
3.373%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; BingX: live order book, 5 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 Bybit live order book, 2 min ago5.00 bp132.2 bp −$132doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 5 min ago5.71 bp27.8 bp −$2869.4 bp −$694326.0 bp −$32.6K687.5 bp −$343.8K

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%4h0.07019+0.018%$7.7M$8.7M50xas long as short
Bybit KAVAUSDTlong+0.0100%8h0.07018long leg$1.3M$827K25x
Gate KAVA_USDT+0.0100%4h0.07016−0.028%$484K$111K25xas long as short
MEXC KAVA_USDT+0.0100%4h0.07017−0.014%$426K$167K20xas long as short
KuCoin KAVAUSDTM+0.0100%4h0.07005−0.185%$364K$55K12xas long as short
Bitget KAVAUSDT+0.0100%4h0.07015−0.043%$759K$366K25xas long as short
BingX KAVA-USDTshort+0.0100%4h0.07023+0.071%$2.3M
Variational Omni KAVA+0.0100%8h0.07003−0.215%$642$1Kas long as short
Kraken Futures PF_KAVAUSD+0.1040%1h0.07032+0.201%$42K$32K10xas long as short