Funding you earn now, next payment 08:00 UTC−0.0420%/8h= −46.0% APRnext payment −$2.10 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Gate−0.171%7-day average −0.091% · you buy dearer than you sell
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$149as in the Price arb table
costs, in and out, $10k−$1411.408% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.092%+$9 · spread now −0.171%, 7d avg −0.091%
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and MEXC is 0.080% cheaper against Gate than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.091%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.000% in total (about 0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.10 per $10,000. 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 | Gate KAVA_USDT | 0.07010 | 0.0520 | pay 0.0260% / 4h | 1h 03m | $518K | $157K | 25x |
| Short | MEXC KAVA_USDT | 0.06998 | 0.0100 | get 0.0050% / 4h | 1h 03m | $397K | $163K | 20x |
Gate KAVA_USDT
MEXC KAVA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Gate. 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
- −$88.2
- Price spread: −0.171% → −0.091%
- −$8
- Slippage, 4 orders
- −$121.85
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$237.05
- Costs to cover
- 1.408%
- Break-even
- never at this rate
Slippage from Gate: live order book, 37 min ago; MEXC: live order book, 22 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 Gate live order book, 37 min ago | 3.57 bp | 73.0 bp −$73 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 22 min ago | 0.71 bp | 7.2 bp −$7 | 31.6 bp −$316 | 124.6 bp −$12.5K | 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 | 0.06996 | −0.202% | $7.9M | $8.8M | 50x | as long as short |
| Bybit KAVAUSDT | +0.0100% | 8h | 0.07002 | −0.114% | $1.3M | $865K | 25x | as long as short |
| MEXC KAVA_USDTshort | +0.0100% | 4h | 0.06998 | −0.171% | $397K | $163K | 20x | |
| KuCoin KAVAUSDTM | +0.0100% | 4h | 0.06996 | −0.200% | $362K | $49K | 12x | as long as short |
| Bitget KAVAUSDT | +0.0100% | 4h | 0.06993 | −0.243% | $749K | $437K | 25x | as long as short |
| BingX KAVA-USDT | +0.0100% | 4h | 0.07000 | −0.143% | — | $2.3M | — | as long as short |
| Variational Omni KAVA | +0.0100% | 8h | 0.07002 | −0.110% | $897 | $1K | — | as long as short |
| Gate KAVA_USDTlong | +0.0520% | 4h | 0.07010 | long leg | $518K | $157K | 25x | |
| Kraken Futures PF_KAVAUSD | +0.1186% | 1h | 0.07010 | +0.007% | $40K | $31K | 10x | as long as short |
Binance KAVAUSDT
Bybit KAVAUSDT
KuCoin KAVAUSDTM
Bitget KAVAUSDT
BingX KAVA-USDT
Variational Omni KAVA
Kraken Futures PF_KAVAUSD