Funding you earn now, next payment 08:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.48 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bitget+0.058%7-day average +0.091% · you sell dearer than you buy
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$167as in the Price arb table
costs, in and out, $10k−$1641.639% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.058%, 7d avg +0.091%
=Funding pays, the price is against you. Gate is 0.034% cheaper against Bitget than usual: you would sell low and buy high (spread +0.058% now, against its 7-day average of +0.091%). If the spread goes back, that is −$3 on $10k: about 28 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.008% in total) that is about 30 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget KAVAUSDT | 0.06953 | 0.0100 | pay 0.0050% / 4h | 2h 19m | $745K | $430K | 25x |
| Short | Gate KAVA_USDT | 0.06957 | 0.0196 | get 0.0098% / 4h | 2h 19m | $515K | $155K | 25x |
Bitget KAVAUSDT
Gate KAVA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $20.16
- Price spread: +0.058% → +0.091%
- −$3.38
- Slippage, 4 orders
- −$136.93
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$147.15
- Costs to cover
- 1.639%
- Break-even
- 58.1 days
Slippage from Bitget: live order book, 26 min ago; Gate: live order book, 26 min ago.
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 Bitget live order book, 26 min ago | 6.53 bp | 26.1 bp −$26 | 101.9 bp −$1,019 | doesn't fit | doesn't fit |
| Sell Gate live order book, 26 min ago | 11.57 bp | 63.3 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
KAVA on 9 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance KAVAUSDT | +0.0100% | 4h | 0.06950 | −0.044% | $7.8M | $8.8M | 50x | as long as short |
| Bybit KAVAUSDT | +0.0100% | 8h | 0.06955 | +0.029% | $1.3M | $850K | 25x | as long as short |
| MEXC KAVA_USDT | +0.0100% | 4h | 0.06947 | −0.086% | $399K | $162K | 20x | as long as short |
| KuCoin KAVAUSDTM | +0.0100% | 4h | 0.06934 | −0.273% | $359K | $52K | 12x | as long as short |
| Bitget KAVAUSDTlong | +0.0100% | 4h | 0.06953 | long leg | $745K | $430K | 25x | |
| BingX KAVA-USDT | +0.0100% | 4h | 0.06956 | +0.043% | — | $2.3M | — | as long as short |
| Variational Omni KAVA | +0.0100% | 8h | 0.06935 | −0.262% | $887 | $1K | — | as long as short |
| Gate KAVA_USDTshort | +0.0196% | 4h | 0.06957 | +0.058% | $515K | $155K | 25x | |
| Kraken Futures PF_KAVAUSD | +0.0731% | 1h | 0.06960 | +0.104% | $40K | $31K | 10x | as long as short |
Binance KAVAUSDT
Bybit KAVAUSDT
MEXC KAVA_USDT
KuCoin KAVAUSDTM
BingX KAVA-USDT
Variational Omni KAVA
Kraken Futures PF_KAVAUSD