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 0.000%
Price spread now: Bybit against KuCoin+0.143%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,368as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,364as in the Price arb table
costs, in and out, $10k−$1,37613.758% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.081%+$8 on $10k
Price spread, last 4 days (all we have)+0.001%$0 · spread now +0.143%, 7d avg +0.024%
Together, before fees+0.082%+$8 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 0.119% dearer against KuCoin than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.024%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin KAVAUSDTM0.069850.0100pay 0.0050% / 4h13m 29s$361K$50K12x
ShortBybit KAVAUSDT0.069950.0100get 0.0100% / 8h13m 29s$1.3M$858K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. 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: +0.143% → +0.024%
$11.94
Slippage, 4 orders
−$1,352.84
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$1,363.9
Costs to cover
13.758%
Break-even
never at this rate
Slippage from KuCoin: live order book, 19 min ago; Bybit: live order book, 2 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 KuCoin live order book, 19 min ago16.46 bp820.0 bp −$820doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago5.01 bp134.0 bp −$134960.9 bp −$9,609doesn'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%4h0.06997+0.165%$7.9M$8.8M50xas long as short
Bybit KAVAUSDTshort+0.0100%8h0.06995+0.143%$1.3M$858K25x
MEXC KAVA_USDT+0.0100%4h0.06996+0.157%$397K$163K20xas long as short
KuCoin KAVAUSDTMlong+0.0100%4h0.06985long leg$361K$50K12x
Bitget KAVAUSDT+0.0100%4h0.06994+0.129%$749K$437K25xas long as short
BingX KAVA-USDT+0.0100%4h0.07006+0.301%$2.3Mas long as short
Variational Omni KAVA+0.0100%8h0.06984−0.008%$893$1Kas long as short
Gate KAVA_USDT+0.0222%4h0.07000+0.215%$517K$155K25xas long as short
Kraken Futures PF_KAVAUSD+0.0976%1h0.07006+0.302%$40K$31K10xas long as short