Funding arb · Price arb /

KAS

all KAS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against BingX−0.005%7-day average +0.054% · you buy dearer than you sell

Net, funding: paid 7d − costs−$135as in the Funding arb table

Net, price: spread back to 7d avg − costs−$139as in the Price arb table

costs, in and out, $10k−$1331.333% of the position

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.014%−$1 on $10k

Price spread, last 7 days+0.124%+$12 · spread now −0.005%, 7d avg +0.054%

Together, before fees+0.110%+$11 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: KuCoin is 0.058% cheaper against BingX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.054%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX KAS-USDT	0.04311	0.0100	pay 0.0050% / 4h	2h 19m	—	$67.7M	—
Short	KuCoin KASUSDTM	0.04311	0.0100	get 0.0050% / 4h	2h 19m	$4.3M	$7.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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 BingXbpFee KuCoinbpOrdersPrice spread, now −0.005%Rate

Funding earned: $0
Price spread: −0.005% → +0.054%: −$5.83
Slippage, 4 orders: −$111.32
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$139.15
Costs to cover: 1.333%
Break-even: never at this rate

Slippage from BingX: live order book, 5 min ago; KuCoin: live order book, 4 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 BingX live order book, 5 min ago	4.67 bp	19.6 bp −$20	49.1 bp −$491	396.8 bp −$39.7K	536.6 bp −$268.3K
Sell KuCoin live order book, 4 min ago	7.23 bp	49.3 bp −$49	156.8 bp −$1,568	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	0.04310	−0.017%	$4K	—	150x	as long as short
Injective KAS/USDC PERP	+0.0033%	1h	0.04361	+1.160%	$45	$154K	5.5x	as long as short
Aster KASUSDT	+0.0100%	4h	0.04316	+0.113%	$254K	$146K	20x	as long as short
Binance KASUSDT	+0.0100%	4h	0.04310	−0.023%	$4.1M	$12.9M	75x	as long as short
Bybit KASUSDT	+0.0100%	4h	0.04305	−0.139%	$10.8M	$7.8M	50x	as long as short
Gate KAS_USDT	+0.0100%	8h	0.04308	−0.070%	$2.1M	$1.8M	75x	as long as short
MEXC KAS_USDT	+0.0100%	4h	0.04307	−0.093%	$29.0M	$5.0M	200x	as long as short
KuCoin KASUSDTMshort	+0.0100%	4h	0.04311	−0.005%	$4.3M	$7.4M	50x
Bitget KASUSDT	+0.0100%	4h	0.04305	−0.139%	$11.8M	$3.2M	50x	as long as short
BingX KAS-USDTlong	+0.0100%	4h	0.04311	long leg	—	$67.7M	—

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni KAS	+0.0100%	4h	0.04291	−0.458%	$23K	$24K	—	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0283% / S −0.1996%	1h	0.04310	−0.028%	$11K	—	100x	as long as short
Hyperliquid KAS	+0.0284%	1h	0.04316	+0.114%	$2.8M	$1.1M	3x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04317	+0.139%	$372K	$295K	75x	as long as short
Kraken Futures PF_KASUSD	+0.0377%	1h	0.04311	−0.006%	$305K	$510K	20x	as long as short