Funding arb · Price arb /

KAS

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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: KuCoin against Bitget+0.227%7-day average +0.062% · you sell dearer than you buy

Net, funding: paid 7d − costs−$89as in the Funding arb table

Net, price: spread back to 7d avg − costs−$75as in the Price arb table

costs, in and out, $10k−$920.919% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.030%+$3 on $10k

Price spread, last 7 days−0.100%−$10 · spread now +0.227%, 7d avg +0.062%

Together, before fees−0.069%−$7 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 0.165% dearer against Bitget than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of +0.062%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget KASUSDT	0.04359	0.0100	pay 0.0050% / 4h	55m 15s	$12.0M	$2.9M	50x
Short	KuCoin KASUSDTM	0.04369	0.0100	get 0.0050% / 4h	55m 15s	$4.3M	$6.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.227%Rate

Funding earned: $0
Price spread: +0.227% → +0.062%: $16.53
Slippage, 4 orders: −$67.91
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$75.38
Costs to cover: 0.919%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 3 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	3.44 bp	17.2 bp −$17	64.0 bp −$640	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	4.58 bp	31.5 bp −$31	154.8 bp −$1,548	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 −0.0017%	1h	0.04359	−0.006%	$11K	—	150x	as long as short
Injective KAS/USDC PERP	+0.0033%	1h	0.04361	+0.046%	$45	$154K	5.5x	as long as short
Aster KASUSDT	+0.0100%	4h	0.04358	−0.027%	$255K	$201K	20x	as long as short
Binance KASUSDT	+0.0100%	4h	0.04366	+0.153%	$4.0M	$11.2M	75x	as long as short
Bybit KASUSDT	+0.0100%	4h	0.04361	+0.046%	$10.8M	$7.1M	50x	as long as short
Gate KAS_USDT	+0.0100%	8h	0.04358	−0.023%	$2.1M	$1.6M	75x	as long as short
MEXC KAS_USDT	+0.0100%	4h	0.04366	+0.161%	$28.1M	$4.4M	200x	as long as short
KuCoin KASUSDTMshort	+0.0100%	4h	0.04369	+0.227%	$4.3M	$6.8M	50x
Bitget KASUSDTlong	+0.0100%	4h	0.04359	long leg	$12.0M	$2.9M	50x
BingX KAS-USDT	+0.0100%	4h	0.04361	+0.046%	—	$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	0.04353	−0.128%	$26K	$21K	—	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0205% / S −0.3092%	1h	0.04359	+0.007%	$11K	—	100x	as long as short
Kraken Futures PF_KASUSD	+0.0314%	1h	0.04361	+0.041%	$297K	$450K	20x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04368	+0.206%	$379K	$209K	75x	as long as short
Hyperliquid KAS	+0.1156%	1h	0.04374	+0.356%	$2.9M	$974K	3x	as long as short