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: Binance against Bitget+0.137%7-day average +0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$66as in the Funding arb table

Net, price: spread back to 7d avg − costs−$61as in the Price arb table

costs, in and out, $10k−$700.701% of the position

Long on Bitget Short on Binance

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−0.090%−$9 · spread now +0.137%, 7d avg +0.045%

Together, before fees−0.046%−$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: Binance is 0.093% dearer against Bitget than usual: you sell high and buy low, +$9 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	Bitget KASUSDT	0.04366	0.0100	pay 0.0050% / 4h	1h 00m	$12.0M	$2.9M	50x
Short	Binance KASUSDT	0.04372	0.0100	get 0.0050% / 4h	1h 00m	$4.0M	$11.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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 BitgetbpFee BinancebpOrdersPrice spread, now +0.137%Rate

Funding earned: $0
Price spread: +0.137% → +0.045%: $9.25
Slippage, 4 orders: −$48.14
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$60.88
Costs to cover: 0.701%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; Binance: live order book, 10 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 Bitget live order book, 3 min ago	2.28 bp	20.3 bp −$20	50.0 bp −$500	doesn't fit	doesn't fit
Sell Binance live order book, 10 min ago	1.14 bp	17.9 bp −$18	58.2 bp −$582	547.7 bp −$54.8K	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 −0.0017%	1h	0.04374	+0.178%	$11K	—	150x	as long as short
Kraken Futures PF_KASUSD	+0.0089%	1h	0.04378	+0.277%	$298K	$448K	20x	as long as short
Aster KASUSDT	+0.0100%	4h	0.04376	+0.231%	$256K	$201K	20x	as long as short
Binance KASUSDTshort	+0.0100%	4h	0.04372	+0.137%	$4.0M	$11.2M	75x
Bybit KASUSDT	+0.0100%	4h	0.04364	−0.046%	$10.8M	$7.1M	50x	as long as short
Gate KAS_USDT	+0.0100%	8h	0.04376	+0.229%	$2.2M	$1.6M	75x	as long as short
MEXC KAS_USDT	+0.0100%	4h	0.04373	+0.160%	$28.0M	$4.5M	200x	as long as short
KuCoin KASUSDTM	+0.0100%	4h	0.04370	+0.082%	$4.2M	$6.8M	50x	as long as short
Bitget KASUSDTlong	+0.0100%	4h	0.04366	long leg	$12.0M	$2.9M	50x
BingX KAS-USDT	+0.0100%	4h	0.04379	+0.298%	—	$69.5M	—	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	0.04376	+0.238%	$26K	$21K	—	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0197% / S −0.2837%	1h	0.04373	+0.167%	$11K	—	100x	as long as short
Injective KAS/USDC PERP	+0.0329%	1h	0.04361	−0.115%	$45	$154K	5.5x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04379	+0.298%	$377K	$209K	75x	as long as short
Hyperliquid KAS	+0.0808%	1h	0.04383	+0.394%	$2.9M	$973K	3x	as long as short