Funding you earn now, next payment 22:00 UTC−0.0109%/8h= −12.0% APRpaid last 24h −0.022%
Price spread now: Injective against Bitget+0.069%111s7-day average −2.053% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.071%−$7 on $10k
+Price spread, last 3 days (all we have)−3.160%−$316 · spread now +0.069%, 7d avg −2.053%
=The price spread pays, funding is against you. Injective is 2.121% dearer against Bitget than usual: you sell high and buy low (spread +0.069% now, against its 7-day average of −2.053%): +$212 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2 months. At the pace of the last 7 days (−0.071% in total) that is about 7 months. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget KASUSDT | 0.04358 | 0.0100 | pay 0.0050% / 4h | 2h 13m | $12.0M | $3.0M | 50x |
| Short | Injective KAS/USDC PERP | 0.04361 | −0.0009 | pay 0.0001% / 1h | 13m 32s | $45 | $154K | 5.5x |
Bitget KASUSDT
Injective KAS/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$22.96
- Price spread: +0.069% → −2.053%
- $212.14
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $177.16
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Bitget: live order book, 5 min ago; Injective: no order-book sample. Net counts fees only.
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, 5 min ago | 6.88 bp | 25.0 bp −$25 | 71.0 bp −$710 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.04362 | +0.095% | $292K | $439K | 20x | as long as short |
| Injective KAS/USDC PERPshort | −0.0009% | 1h | 0.04361 | +0.069% | $45 | $154K | 5.5x | |
| gTrade (Gains Network) KAS/USD | L +0.0010% / S −0.0017% | 1h | 0.04358 | −0.003% | $11K | — | 150x | as long as short |
| GMX KAS/USD [WBTC.b-USDC] | L +0.0039% / S +0.0009% | 1h | 0.04357 | −0.032% | $4K | — | 100x | as long as short |
| Aster KASUSDT | +0.0100% | 4h | 0.04362 | +0.088% | $255K | $199K | 20x | as long as short |
| Binance KASUSDT | +0.0100% | 4h | 0.04361 | +0.069% | $4.0M | $11.2M | 75x | as long as short |
| Bybit KASUSDT | +0.0100% | 4h | 0.04356 | −0.046% | $10.8M | $7.2M | 50x | as long as short |
| Gate KAS_USDT | +0.0100% | 8h | 0.04356 | −0.046% | $2.2M | $1.6M | 75x | as long as short |
| MEXC KAS_USDT | +0.0100% | 4h | 0.04362 | +0.092% | $27.9M | $4.6M | 200x | as long as short |
| KuCoin KASUSDTM | +0.0100% | 4h | 0.04359 | +0.023% | $4.2M | $6.8M | 50x | as long as short |
Kraken Futures PF_KASUSD
gTrade (Gains Network) KAS/USD
GMX KAS/USD [WBTC.b-USDC]
Aster KASUSDT
Binance KASUSDT
Bybit KASUSDT
Gate KAS_USDT
MEXC KAS_USDT
KuCoin KASUSDTMShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget KASUSDTlong | +0.0100% | 4h | 0.04358 | long leg | $12.0M | $3.0M | 50x | |
| BingX KAS-USDT | +0.0100% | 4h | 0.04357 | −0.023% | — | $69.3M | — | as long as short |
| Variational Omni KAS | +0.0100% | 4h | 0.04355 | −0.073% | $26K | $20K | — | as long as short |
| Hyperliquid KAS | +0.0225% | 1h | 0.04369 | +0.250% | $2.9M | $930K | 3x | as long as short |
| BloFin KAS-USDT | +0.0340% | 4h | 0.04354 | −0.092% | $382K | $202K | 75x | as long as short |
BingX KAS-USDT
Variational Omni KAS
Hyperliquid KAS
BloFin KAS-USDT