Funding arb · Price arb /

KAS

all KAS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0613%/8h= +67.1% APRpaid last 24h −0.078%

Price spread now: GMX against Aster−0.056%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 GMX

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

Funding pays, the price is against you. GMX is 0.056% cheaper against Aster than usual: you would sell low and buy high (spread −0.056% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 7 hours of funding at the current rate (+$18 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster KASUSDT	0.04373	0.0100	pay 0.0050% / 4h	1h 51m	$256K	$199K	20x
Short	GMX KAS/USD [WBTC.b-USDC]	0.04371	L +0.0126% / S −0.0713%	get 0.0089% / 1h	51m 28s	$11K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now −0.056%Rate

Funding earned: $128.73
Price spread: −0.056% → 0.000%: −$5.65
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: $103.08
Costs to cover: 0.200%
Break-even: 1.4 days

Slippage unknown: Aster: live order book, 30 min ago; GMX: 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, 30 min ago	9.06 bp	30.1 bp −$30	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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/USD	L +0.0010% / S −0.0017%	1h	0.04371	−0.041%	$11K	—	150x	as long as short
Kraken Futures PF_KASUSD	+0.0089%	1h	0.04377	+0.086%	$293K	$439K	20x	as long as short
Aster KASUSDTlong	+0.0100%	4h	0.04373	long leg	$256K	$199K	20x
Binance KASUSDT	+0.0100%	4h	0.04374	+0.019%	$4.1M	$11.2M	75x	as long as short
Bybit KASUSDT	+0.0100%	4h	0.04370	−0.072%	$10.8M	$7.2M	50x	as long as short
Gate KAS_USDT	+0.0100%	8h	0.04369	−0.095%	$2.2M	$1.6M	75x	as long as short
MEXC KAS_USDT	+0.0100%	4h	0.04375	+0.042%	$28.1M	$4.4M	200x	as long as short
KuCoin KASUSDTM	+0.0100%	4h	0.04375	+0.051%	$4.2M	$6.8M	50x	as long as short
Bitget KASUSDT	+0.0100%	4h	0.04371	−0.050%	$12.0M	$3.0M	50x	as long as short
BingX KAS-USDT	+0.0100%	4h	0.04372	−0.027%	—	$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	0.04378	+0.102%	$26K	$21K	—	as long as short
GMX KAS/USD [WBTC.b-USDC]short	L +0.0126% / S −0.0713%	1h	0.04371	−0.056%	$11K	—	100x
Injective KAS/USDC PERP	+0.0329%	1h	0.04361	−0.278%	$45	$154K	5.5x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04380	+0.156%	$380K	$204K	75x	as long as short
Hyperliquid KAS	+0.0512%	1h	0.04381	+0.170%	$2.9M	$932K	3x	as long as short