Funding arb · Price arb /

KAS

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%

Price spread now: Binance against Aster+0.131%7-day average −0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$71as in the Price arb table

costs, in and out, $10k−$880.880% of the position

Long on Aster Short on Binance

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.004%$0 on $10k

Price spread, last 4 days (all we have)−0.198%−$20 · spread now +0.131%, 7d avg −0.038%

Together, before fees−0.202%+ Points / potential airdropAster: Stage 5 · farm board−$20 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: Binance is 0.169% dearer against Aster than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.038%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster KASUSDT	0.04376	0.0100	pay 0.0050% / 4h	1h 56m	$256K	$199K	20x
Short	Binance KASUSDT	0.04382	0.0100	get 0.0050% / 4h	1h 56m	$4.1M	$11.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Aster. 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

Position, each leg$Hold fordaysFee AsterbpFee BinancebpOrdersPrice spread, now +0.131%Rate

Funding earned: $0
Price spread: +0.131% → −0.038%: $16.94
Slippage, 4 orders: −$69.97
Fee Aster: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$71.02
Costs to cover: 0.880%
Break-even: never at this rate

Slippage from Aster: live order book, 26 min ago; Binance: live order book, 14 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 Aster live order book, 26 min ago	9.06 bp	30.1 bp −$30	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 14 min ago	1.14 bp	17.1 bp −$17	62.6 bp −$626	450.1 bp −$45.0K	doesn't fit

KAS on 15 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
gTrade (Gains Network) KAS/USD	L +0.0010% / S −0.0017%	1h	0.04377	+0.027%	$11K	—	150x	as long as short
Kraken Futures PF_KASUSD	+0.0089%	1h	0.04382	+0.138%	$293K	$439K	20x	as long as short
Aster KASUSDTlong	+0.0100%	4h	0.04376	long leg	$256K	$199K	20x
Binance KASUSDTshort	+0.0100%	4h	0.04382	+0.131%	$4.1M	$11.2M	75x
Bybit KASUSDT	+0.0100%	4h	0.04376	−0.004%	$10.8M	$7.2M	50x	as long as short
Gate KAS_USDT	+0.0100%	8h	0.04376	−0.004%	$2.2M	$1.6M	75x	as long as short
MEXC KAS_USDT	+0.0100%	4h	0.04385	+0.202%	$28.1M	$4.4M	200x	as long as short
KuCoin KASUSDTM	+0.0100%	4h	0.04383	+0.163%	$4.2M	$6.8M	50x	as long as short
Bitget KASUSDT	+0.0100%	4h	0.04377	+0.019%	$12.0M	$3.0M	50x	as long as short
BingX KAS-USDT	+0.0100%	4h	0.04378	+0.042%	—	$69.3M	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni KAS	+0.0100%	4h	0.04357	−0.431%	$26K	$21K	—	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0119% / S −0.0498%	1h	0.04377	+0.021%	$11K	—	100x	as long as short
Injective KAS/USDC PERP	+0.0329%	1h	0.04361	−0.347%	$45	$154K	5.5x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04372	−0.095%	$387K	$202K	75x	as long as short
Hyperliquid KAS	+0.0639%	1h	0.04389	+0.293%	$2.9M	$928K	3x	as long as short