Funding arb · Price arb /

KAS

all KAS markets

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 0.000%

Price spread now: Bitget against Binance−0.023%7-day average −0.045% · you buy dearer than you sell

Net, funding: paid 7d − costs−$81as in the Funding arb table

Net, price: spread back to 7d avg − costs−$75as in the Price arb table

costs, in and out, $10k−$770.769% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.044%−$4 on $10k

Price spread, last 7 days−0.006%−$1 · spread now −0.023%, 7d avg −0.045%

Together, before fees−0.050%−$5 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: Bitget is 0.022% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.045%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance KASUSDT	0.04361	0.0100	pay 0.0050% / 4h	2h 41m	$4.0M	$11.0M	75x
Short	Bitget KASUSDT	0.04360	0.0100	get 0.0050% / 4h	2h 41m	$12.0M	$3.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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 BinancebpFee BitgetbpOrdersPrice spread, now −0.023%Rate

Funding earned: $0
Price spread: −0.023% → −0.045%: $2.16
Slippage, 4 orders: −$54.91
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$74.75
Costs to cover: 0.769%
Break-even: never at this rate

Slippage from Binance: live order book, 14 min ago; Bitget: live order book, 2 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 Binance live order book, 14 min ago	1.14 bp	17.6 bp −$18	73.5 bp −$735	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	2.30 bp	21.2 bp −$21	53.8 bp −$538	doesn't fit	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
Kraken Futures PF_KASUSD	−0.0192%	1h	0.04361	−0.011%	$289K	$432K	20x	as long as short
Injective KAS/USDC PERP	−0.0009%	1h	0.04423	+1.422%	$46	$102K	5.5x	as long as short
gTrade (Gains Network) KAS/USD	L +0.0010% / S −0.0017%	1h	0.04363	+0.037%	$11K	—	150x	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0036% / S +0.0041%	1h	0.04359	−0.053%	$4K	—	100x	as long as short
Hyperliquid KAS	+0.0100%	1h	0.04369	+0.177%	$2.8M	$911K	3x	as long as short
Binance KASUSDTlong	+0.0100%	4h	0.04361	long leg	$4.0M	$11.0M	75x
Bybit KASUSDT	+0.0100%	4h	0.04360	−0.023%	$10.8M	$7.1M	50x	as long as short
Gate KAS_USDT	+0.0100%	8h	0.04355	−0.138%	$2.2M	$1.6M	75x	as long as short
MEXC KAS_USDT	+0.0100%	4h	0.04362	+0.023%	$27.8M	$4.5M	200x	as long as short
KuCoin KASUSDTM	+0.0100%	4h	0.04365	+0.087%	$4.2M	$6.8M	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget KASUSDTshort	+0.0100%	4h	0.04360	−0.023%	$12.0M	$3.0M	50x
BingX KAS-USDT	+0.0100%	4h	0.04359	−0.046%	—	$69.1M	—	as long as short
Variational Omni KAS	+0.0100%	4h	0.04362	+0.023%	$26K	$20K	—	as long as short
Aster KASUSDT	+0.0116%	4h	0.04361	0.000%	$256K	$197K	20x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04361	0.000%	$391K	$223K	75x	as long as short