Funding arb · Price arb /

KAS

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0099%/8h= −10.8% APRpaid last 24h −0.032%

Price spread now: gTrade (Gains Network) against Aster−0.151%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.151% cheaper against Aster than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster KASUSDT	0.04319	0.0100	pay 0.0050% / 4h	3h 12m	$254K	$146K	20x
Short	gTrade (Gains Network) KAS/USD	0.04313	L +0.0010% / S −0.0001%	get 0.0000% / 1h	12m 51s	$4K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.151%Rate

Funding earned: −$20.72
Price spread: −0.151% → 0.000%: −$15.09
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$53.81
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 39 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

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, 39 min ago	12.69 bp	45.1 bp −$45	doesn't fit	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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/USDshort	L +0.0010% / S −0.0001%	1h	0.04313	−0.151%	$4K	—	150x
Injective KAS/USDC PERP	+0.0033%	1h	0.04361	+0.964%	$45	$154K	5.5x	as long as short
Aster KASUSDTlong	+0.0100%	4h	0.04319	long leg	$254K	$146K	20x
Binance KASUSDT	+0.0100%	4h	0.04321	+0.038%	$4.1M	$12.8M	75x	as long as short
Bybit KASUSDT	+0.0100%	4h	0.04315	−0.101%	$10.8M	$7.8M	50x	as long as short
Gate KAS_USDT	+0.0100%	8h	0.04312	−0.170%	$2.1M	$1.8M	75x	as long as short
MEXC KAS_USDT	+0.0100%	4h	0.04320	+0.015%	$29.0M	$4.9M	200x	as long as short
KuCoin KASUSDTM	+0.0100%	4h	0.04318	−0.036%	$4.3M	$7.3M	50x	as long as short
Bitget KASUSDT	+0.0100%	4h	0.04315	−0.101%	$11.9M	$3.2M	50x	as long as short
BingX KAS-USDT	+0.0100%	4h	0.04316	−0.077%	—	$67.7M	—	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	0.04308	−0.269%	$23K	$24K	—	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0283% / S −0.1996%	1h	0.04314	−0.133%	$11K	—	100x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04317	−0.054%	$379K	$295K	75x	as long as short
Kraken Futures PF_KASUSD	+0.0592%	1h	0.04315	−0.103%	$305K	$510K	20x	as long as short
Hyperliquid KAS	+0.0605%	1h	0.04325	+0.138%	$2.8M	$1.1M	3x	as long as short