Funding arb · Price arb /

KAS

all KAS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%

Price spread now: Gate against Binance−0.165%7-day average −0.081% · you buy dearer than you sell

Net, funding: paid 7d − costs−$95as in the Funding arb table

Net, price: spread back to 7d avg − costs−$99as in the Price arb table

costs, in and out, $10k−$900.903% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.051%−$5 on $10k

Price spread, last 7 days+0.103%+$10 · spread now −0.165%, 7d avg −0.081%

Together, before fees+0.052%+$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: Gate is 0.084% cheaper against Binance than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.081%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance KASUSDT	0.04389	0.0100	pay 0.0050% / 4h	3h 21m	$4.1M	$11.7M	75x
Short	Gate KAS_USDT	0.04382	0.0100	get 0.0100% / 8h	7h 21m	$2.2M	$1.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.165%Rate

Funding earned: $0
Price spread: −0.165% → −0.081%: −$8.36
Slippage, 4 orders: −$65.29
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$98.65
Costs to cover: 0.903%
Break-even: never at this rate

Slippage from Binance: live order book, 4 min ago; Gate: live order book, 1 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, 4 min ago	1.14 bp	18.8 bp −$19	66.3 bp −$663	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	3.42 bp	30.2 bp −$30	131.1 bp −$1,311	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
gTrade (Gains Network) KAS/USD	L +0.0010% / S −0.0001%	1h	0.04386	−0.073%	$5K	—	150x	as long as short
Injective KAS/USDC PERP	+0.0033%	1h	0.04361	−0.643%	$45	$154K	5.5x	as long as short
Aster KASUSDT	+0.0100%	4h	0.04387	−0.047%	$259K	$168K	20x	as long as short
Binance KASUSDTlong	+0.0100%	4h	0.04389	long leg	$4.1M	$11.7M	75x
Bybit KASUSDT	+0.0100%	4h	0.04386	−0.073%	$10.9M	$7.2M	50x	as long as short
Gate KAS_USDTshort	+0.0100%	8h	0.04382	−0.165%	$2.2M	$1.7M	75x
MEXC KAS_USDT	+0.0100%	4h	0.04389	−0.005%	$28.4M	$4.5M	200x	as long as short
KuCoin KASUSDTM	+0.0100%	4h	0.04387	−0.062%	$4.3M	$6.8M	50x	as long as short
Bitget KASUSDT	+0.0100%	4h	0.04388	−0.028%	$12.1M	$3.0M	50x	as long as short
BingX KAS-USDT	+0.0100%	4h	0.04389	−0.005%	—	$67.9M	—	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	0.04386	−0.067%	$26K	$21K	—	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0291% / S −0.5848%	1h	0.04386	−0.078%	$12K	—	100x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04392	+0.063%	$378K	$266K	75x	as long as short
Kraken Futures PF_KASUSD	+0.0402%	1h	0.04392	+0.069%	$309K	$468K	20x	as long as short
Hyperliquid KAS	+0.0484%	1h	0.04398	+0.195%	$2.8M	$1.0M	3x	as long as short