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

KAIA

all KAIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bybit against Extended−0.082%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1481.484% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.109%−$11 on $10k
Price spread, last 4 days (all we have)+0.051%+$5 · spread now −0.082%, 7d avg −0.060%
Together, before fees−0.058%+ Points / potential airdropExtended: Active · farm board−$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 0.022% cheaper against Extended than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.060%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended KAIA-USD0.032670.0104pay 0.0013% / 1h21m 58s$972$100K5x
ShortBybit KAIAUSDT0.032640.0100get 0.0050% / 4h21m 58s$2.0M$1.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Extended. 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
−$0.84
Price spread: −0.082% → −0.060%
−$2.16
Slippage, 4 orders
−$132.39
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$151.39
Costs to cover
1.484%
Break-even
never at this rate
Slippage from Extended: live order book, 53 min ago; Bybit: 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 Extended live order book, 53 min ago5.69 bp33.6 bp −$34319.7 bp −$3,197doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago6.13 bp25.2 bp −$25103.2 bp −$1,032doesn'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%4h0.03266−0.020%$2.3M$3.6M75xas long as short
Bybit KAIAUSDTshort+0.0100%4h0.03264−0.082%$2.0M$1.5M50x
Gate KAIA_USDT+0.0100%4h0.03262−0.143%$80K$57K50xas long as short
MEXC KAIA_USDT+0.0100%4h0.03266−0.020%$413K$126K100xas long as short
KuCoin KAIAUSDTM+0.0100%4h0.03268+0.041%$337K$72K30xas long as short
Bitget KAIAUSDT+0.0100%4h0.03265−0.051%$476K$352K75xas long as short
BingX KAIA-USDT+0.0100%4h0.03262−0.143%$6.5Mas long as short
Variational Omni KAIA+0.0100%4h0.03264−0.078%$3K$202as long as short
GRVT KAIA_USDT_Perp+0.0100%4h0.03271+0.119%$392K$502K10xas long as short
Extended KAIA-USDlong+0.0104%1h0.03267long leg$972$100K5x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin KAIA-USDT+0.0125%4h0.03252−0.449%$154K$9K75xas long as short
Kraken Futures PF_KAIAUSD+0.0283%1h0.03276+0.282%$46K$14K10xas long as short