Settings8H · net · $10k
Funding arb · Price arb /

KAS

all KAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against Bitget+0.273%75s7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$700.704% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.349%+$35 on $10k
Price spread, last 3 days (all we have)+0.538%+$54 · spread now +0.273%, 7d avg +0.079%
Together, before fees+0.886%+$89 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.195% dearer against Bitget than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.079%. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget KASUSDT0.043880.0100pay 0.0050% / 4h2h 55m$12.1M$2.9M50x
ShortBloFin KAS-USDT0.044000.0340get 0.0170% / 4h2h 55m$392K$227K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$50.4
Price spread: +0.273% → +0.079%
$19.49
Slippage, 4 orders
−$46.38
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$0.5
Costs to cover
0.704%
Break-even
7.1 days
Slippage from Bitget: live order book, 3 min ago; BloFin: live order book, 29 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago4.55 bp21.6 bp −$2255.3 bp −$553doesn't fitdoesn't fit
Sell BloFin live order book, 29 min ago3.37 bp16.0 bp −$1644.4 bp −$444doesn't fitdoesn't fit

KAS on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_KASUSD−0.0191%1h0.04385−0.059%$290K$434K20xas long as short
Injective KAS/USDC PERP−0.0009%1h0.04423+0.798%$46$102K5.5xas long as short
gTrade (Gains Network) KAS/USDL +0.0010% / S −0.0017%1h0.04380−0.193%$11K150xas long as short
Hyperliquid KAS+0.0100%1h0.04395+0.164%$2.9M$900K3xas long as short
Binance KASUSDT+0.0100%4h0.04390+0.040%$4.1M$11.0M75xas long as short
Bybit KASUSDT+0.0100%4h0.04389+0.023%$10.8M$7.1M50xas long as short
Gate KAS_USDT+0.0100%8h0.04386−0.046%$2.2M$1.6M75xas long as short
MEXC KAS_USDT+0.0100%4h0.04387−0.023%$27.9M$4.5M200xas long as short
KuCoin KASUSDTM+0.0100%4h0.04392+0.080%$4.2M$6.8M50xas long as short
Bitget KASUSDTlong+0.0100%4h0.04388long leg$12.1M$2.9M50x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX KAS-USDT+0.0100%4h0.043880.000%$69.1Mas long as short
Variational Omni KAS+0.0100%4h0.04404+0.355%$26K$20Kas long as short
Aster KASUSDT+0.0139%4h0.04388−0.002%$258K$199K20xas long as short
GMX KAS/USD [WBTC.b-USDC]L +0.0159% / S +0.0060%1h0.04380−0.171%$17K100xas long as short
BloFin KAS-USDTshort+0.0340%4h0.04400+0.273%$392K$227K75x