Funding arb · Price arb /

KAS

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%

Price spread now: Variational Omni against Bitget−0.285%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.285% cheaper against Bitget than usual: you would sell low and buy high, −$28 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget KASUSDT	0.04352	0.0100	pay 0.0050% / 4h	1h 22m	$11.9M	$3.1M	50x
Short	Variational Omni KAS	0.04340	0.0100	get 0.0050% / 4h	1h 22m	$26K	$20K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpOrdersPrice spread, now −0.285%Rate

Funding earned: $0
Price spread: −0.285% → 0.000%: −$28.47
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$40.47
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 1 min ago; Variational Omni: 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, 1 min ago	3.44 bp	17.9 bp −$18	49.7 bp −$497	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: 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
gTrade (Gains Network) KAS/USD	L +0.0010% / S 0.0000%	1h	0.04352	−0.002%	$4K	—	150x	as long as short
Injective KAS/USDC PERP	+0.0033%	1h	0.04361	+0.207%	$45	$154K	5.5x	as long as short
Binance KASUSDT	+0.0100%	4h	0.04354	+0.046%	$4.2M	$12.5M	75x	as long as short
Bybit KASUSDT	+0.0100%	4h	0.04348	−0.092%	$10.8M	$7.6M	50x	as long as short
Gate KAS_USDT	+0.0100%	8h	0.04349	−0.069%	$2.2M	$1.8M	75x	as long as short
MEXC KAS_USDT	+0.0100%	4h	0.04356	+0.092%	$29.0M	$4.7M	200x	as long as short
KuCoin KASUSDTM	+0.0100%	4h	0.04354	+0.044%	$4.2M	$7.1M	50x	as long as short
Bitget KASUSDTlong	+0.0100%	4h	0.04352	long leg	$11.9M	$3.1M	50x
BingX KAS-USDT	+0.0100%	4h	0.04352	0.000%	—	$67.9M	—	as long as short
Variational Omni KASshort	+0.0100%	4h	0.04340	−0.285%	$26K	$20K	—

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster KASUSDT	+0.0109%	4h	0.04352	+0.007%	$256K	$167K	20x	as long as short
Kraken Futures PF_KASUSD	+0.0114%	1h	0.04358	+0.145%	$310K	$497K	20x	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0291% / S −0.5848%	1h	0.04346	−0.133%	$12K	—	100x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04364	+0.276%	$387K	$281K	75x	as long as short
Hyperliquid KAS	+0.0436%	1h	0.04360	+0.184%	$2.8M	$1.1M	3x	as long as short