KAVA

Alert

Funding spread now, next payment 17:00 UTC−0.2056%/8h

paid, last 24h−0.321%paid, last 4 days−0.484%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 4 days it paid -0.484% in total (about -48.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_KAVAUSD	0.07261	0.2156	pay 0.0269% / 1h	45m 48s	$45K	$19K	10x
Short	Bybit KAVAUSDT	0.07240	0.0100	get 0.0100% / 8h	7h 45m	$1.4M	$494K	25x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee BybitbpOrdersRate

Funding earned: −$431.66
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$452.66
Break-even: never at this rate

Slippage unknown: Kraken Futures: no order-book sample; Bybit: live order book, 2 min ago. Net counts fees only.

Price risk

price view

Price gap now: −0.292%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Kraken Futures no order-book sample	—	—	—	—	—
Sell Bybit live order book, 2 min ago	4.14 bp	36.6 bp −$37	633.5 bp −$6,335	doesn't fit	doesn't fit

Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

KAVA on 9 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Binance KAVAUSDT	+0.0100%	4h	$7.8M	$5.1M	50x	as long as short
Bybit KAVAUSDTshort	+0.0100%	8h	$1.4M	$494K	25x
Gate KAVA_USDT	+0.0100%	4h	$504K	$68K	25x	as long as short
MEXC KAVA_USDT	+0.0100%	4h	$422K	$140K	20x	as long as short
KuCoin KAVAUSDTM	+0.0100%	4h	$366K	$41K	12x	as long as short
Bitget KAVAUSDT	+0.0100%	4h	$782K	$201K	25x	as long as short
BingX KAVA-USDT	+0.0100%	4h	—	$2.3M	—	as long as short
Variational Omni KAVA	+0.0100%	8h	$2K	—	—	as long as short
Kraken Futures PF_KAVAUSDlong	+0.2156%	1h	$45K	$19K	10x