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: Bitget against BloFin−0.367%7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$740.738% of the position
Funding, last 7 days−0.349%−$35 on $10k
+Price spread, last 3 days (all we have)−0.078%−$8 · spread now −0.367%, 7d avg −0.077%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bitget is 0.290% cheaper against BloFin than usual: you would sell low and buy high (−$29 if the spread goes back to its 7-day average of −0.077%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin KAS-USDT | 0.04357 | 0.0340 | pay 0.0170% / 4h | 2h 39m | $389K | $223K | 75x |
| Short | Bitget KASUSDT | 0.04341 | 0.0100 | get 0.0050% / 4h | 2h 39m | $11.9M | $3.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.367% → −0.077%
- −$29.03
- Slippage, 4 orders
- −$49.83
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$153.26
- Costs to cover
- 0.738%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 46 min ago; Bitget: live order book, 4 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, 46 min ago | 3.37 bp | 15.2 bp −$15 | 47.9 bp −$479 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 2.30 bp | 21.2 bp −$21 | 53.8 bp −$538 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_KASUSD | −0.0192% | 1h | 0.04346 | −0.246% | $290K | $437K | 20x | as long as short |
| Injective KAS/USDC PERP | −0.0009% | 1h | 0.04361 | +0.092% | $45 | $154K | 5.5x | as long as short |
| gTrade (Gains Network) KAS/USD | L +0.0010% / S −0.0017% | 1h | 0.04345 | −0.286% | $11K | — | 150x | as long as short |
| GMX KAS/USD [WBTC.b-USDC] | L +0.0036% / S +0.0038% | 1h | 0.04344 | −0.294% | $4K | — | 100x | as long as short |
| Hyperliquid KAS | +0.0100% | 1h | 0.04353 | −0.092% | $2.8M | $910K | 3x | as long as short |
| Binance KASUSDT | +0.0100% | 4h | 0.04345 | −0.278% | $4.0M | $11.0M | 75x | as long as short |
| Bybit KASUSDT | +0.0100% | 4h | 0.04345 | −0.275% | $10.7M | $7.1M | 50x | as long as short |
| Gate KAS_USDT | +0.0100% | 8h | 0.04347 | −0.230% | $2.1M | $1.6M | 75x | as long as short |
| MEXC KAS_USDT | +0.0100% | 4h | 0.04348 | −0.207% | $27.7M | $4.5M | 200x | as long as short |
| KuCoin KASUSDTM | +0.0100% | 4h | 0.04348 | −0.207% | $4.2M | $6.8M | 50x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget KASUSDTshort | +0.0100% | 4h | 0.04341 | −0.367% | $11.9M | $3.0M | 50x | |
| BingX KAS-USDT | +0.0100% | 4h | 0.04346 | −0.252% | — | $69.1M | — | as long as short |
| Variational Omni KAS | +0.0100% | 4h | 0.04359 | +0.046% | $26K | $20K | — | as long as short |
| Aster KASUSDT | +0.0122% | 4h | 0.04352 | −0.114% | $256K | $197K | 20x | as long as short |
| BloFin KAS-USDTlong | +0.0340% | 4h | 0.04357 | long leg | $389K | $223K | 75x |
BloFin KAS-USDT
Bitget KASUSDT
Kraken Futures PF_KASUSD
Injective KAS/USDC PERP
gTrade (Gains Network) KAS/USD
GMX KAS/USD [WBTC.b-USDC]
Hyperliquid KAS
Binance KASUSDT
Bybit KASUSDT
Gate KAS_USDT
MEXC KAS_USDT
KuCoin KASUSDTM
BingX KAS-USDT
Variational Omni KAS
Aster KASUSDT