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

KAVA

all KAVA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.010%
Price spread now: Bybit against BingX+0.057%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$269as in the Funding arb table
Net, price: spread back to 7d avg − costs−$255as in the Price arb table
costs, in and out, $10k−$2592.588% 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−0.032%−$3 · spread now +0.057%, 7d avg +0.015%
Together, before fees−0.131%−$13 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 0.042% dearer against BingX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX KAVA-USDT0.069800.0100pay 0.0050% / 4h2h 14m$2.3M
ShortBybit KAVAUSDT0.069840.0100get 0.0100% / 8h2h 14m$1.3M$857K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: +0.057% → +0.015%
$4.19
Slippage, 4 orders
−$237.82
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$254.63
Costs to cover
2.588%
Break-even
never at this rate
Slippage from BingX: live order book, 5 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 BingX live order book, 5 min ago6.46 bp28.0 bp −$2870.1 bp −$701553.4 bp −$55.3K1309.0 bp −$654.5K
Sell Bybit live order book, 1 min ago3.58 bp113.3 bp −$113796.9 bp −$7,969doesn'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%4h0.06979−0.020%$7.9M$8.9M50xas long as short
Bybit KAVAUSDTshort+0.0100%8h0.06984+0.057%$1.3M$857K25x
MEXC KAVA_USDT+0.0100%4h0.06978−0.029%$401K$163K20xas long as short
KuCoin KAVAUSDTM+0.0100%4h0.06976−0.057%$361K$51K12xas long as short
Bitget KAVAUSDT+0.0100%4h0.06978−0.029%$747K$436K25xas long as short
BingX KAVA-USDTlong+0.0100%4h0.06980long leg$2.3M
Variational Omni KAVA+0.0100%8h0.06991+0.163%$894$1Kas long as short
Gate KAVA_USDT+0.0364%4h0.06995+0.215%$517K$155K25xas long as short
Kraken Futures PF_KAVAUSD+0.0728%1h0.06988+0.121%$40K$31K10xas long as short