Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%
Price spread now: Binance against BloFin−0.348%81s7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$820.822% of the position
Funding, last 7 days−0.304%−$30 on $10k
+Price spread, last 4 days (all we have)−0.414%−$41 · spread now −0.348%, 7d avg −0.030%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Binance is 0.318% cheaper against BloFin than usual: you would sell low and buy high (−$32 if the spread goes back to its 7-day average of −0.030%). Swap the legs. The two prices were read 81 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 | BloFin KAS-USDT | 0.04342 | 0.0340 | pay 0.0170% / 4h | 1h 41m | $388K | $279K | 75x |
| Short | Binance KASUSDT | 0.04327 | 0.0100 | get 0.0050% / 4h | 1h 41m | $4.1M | $12.4M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$50.4
- Price spread: −0.348% → −0.030%
- −$31.8
- Slippage, 4 orders
- −$60.21
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$164.41
- Costs to cover
- 0.822%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 83 min ago; Binance: live order book, 13 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 BloFin live order book, 83 min ago | 12.51 bp | 24.5 bp −$24 | 55.2 bp −$552 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 1.15 bp | 17.3 bp −$17 | 58.0 bp −$580 | 407.7 bp −$40.8K | 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 −0.0001% | 1h | 0.04331 | −0.255% | $4K | — | 150x | as long as short |
| Injective KAS/USDC PERP | +0.0033% | 1h | 0.04361 | +0.438% | $45 | $154K | 5.5x | as long as short |
| Aster KASUSDT | +0.0100% | 4h | 0.04333 | −0.207% | $254K | $167K | 20x | as long as short |
| Binance KASUSDTshort | +0.0100% | 4h | 0.04327 | −0.348% | $4.1M | $12.4M | 75x | |
| Bybit KASUSDT | +0.0100% | 4h | 0.04325 | −0.392% | $10.7M | $7.6M | 50x | as long as short |
| Gate KAS_USDT | +0.0100% | 8h | 0.04326 | −0.368% | $2.1M | $1.8M | 75x | as long as short |
| MEXC KAS_USDT | +0.0100% | 4h | 0.04328 | −0.322% | $28.9M | $4.7M | 200x | as long as short |
| KuCoin KASUSDTM | +0.0100% | 4h | 0.04331 | −0.265% | $4.2M | $7.1M | 50x | as long as short |
| Bitget KASUSDT | +0.0100% | 4h | 0.04328 | −0.322% | $11.9M | $3.1M | 50x | as long as short |
| BingX KAS-USDT | +0.0100% | 4h | 0.04325 | −0.392% | — | $67.9M | — | 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 | 0.04322 | −0.455% | $25K | $20K | — | as long as short |
| Kraken Futures PF_KASUSD | +0.0115% | 1h | 0.04334 | −0.180% | $307K | $495K | 20x | as long as short |
| GMX KAS/USD [WBTC.b-USDC] | L +0.0291% / S −0.5848% | 1h | 0.04330 | −0.276% | $12K | — | 100x | as long as short |
| Hyperliquid KAS | +0.0333% | 1h | 0.04335 | −0.170% | $2.8M | $1.1M | 3x | as long as short |
| BloFin KAS-USDTlong | +0.0340% | 4h | 0.04342 | long leg | $388K | $279K | 75x |
BloFin KAS-USDT
Binance KASUSDT
gTrade (Gains Network) KAS/USD
Injective KAS/USDC PERP
Aster KASUSDT
Bybit KASUSDT
Gate KAS_USDT
MEXC KAS_USDT
KuCoin KASUSDTM
Bitget KASUSDT
BingX KAS-USDT
Variational Omni KAS
Kraken Futures PF_KASUSD
GMX KAS/USD [WBTC.b-USDC]
Hyperliquid KAS