KAS

Alert: funding

Alert: spread

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: Bybit against BloFin−0.114%62s7-day average −0.109% · you buy dearer than you sell

Net, funding: paid 7d − costs−$105as 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−$720.722% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.329%−$33 on $10k

Price spread, last 3 days (all we have)−0.385%−$39 · spread now −0.114%, 7d avg −0.109%

Together, before fees−0.714%−$71 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.109%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. The two prices were read 62 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	0.04369	0.0340	pay 0.0170% / 4h	2h 46m	$390K	$224K	75x
Short	Bybit KASUSDT	0.04364	0.0100	get 0.0050% / 4h	2h 46m	$10.7M	$7.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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 BloFinbpFee BybitbpOrdersPrice spread, now −0.114%Rate

Funding earned: −$50.4
Price spread: −0.114% → −0.109%: −$0.55
Slippage, 4 orders: −$49.24
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$123.2
Costs to cover: 0.722%
Break-even: never at this rate

Slippage from BloFin: live order book, 39 min ago; Bybit: live order book, 2 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, 39 min ago	3.37 bp	15.2 bp −$15	47.9 bp −$479	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	3.44 bp	23.6 bp −$24	67.1 bp −$671	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	−0.0191%	1h	0.04370	+0.014%	$289K	$432K	20x	as long as short
Injective KAS/USDC PERP	−0.0009%	1h	0.04423	+1.236%	$46	$102K	5.5x	as long as short
gTrade (Gains Network) KAS/USD	L +0.0010% / S −0.0017%	1h	0.04365	−0.098%	$11K	—	150x	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0035% / S +0.0047%	1h	0.04365	−0.101%	$4K	—	100x	as long as short
Hyperliquid KAS	+0.0100%	1h	0.04374	+0.117%	$2.8M	$911K	3x	as long as short
Binance KASUSDT	+0.0100%	4h	0.04369	0.000%	$4.0M	$11.0M	75x	as long as short
Bybit KASUSDTshort	+0.0100%	4h	0.04364	−0.114%	$10.7M	$7.1M	50x
Gate KAS_USDT	+0.0100%	8h	0.04361	−0.183%	$2.2M	$1.6M	75x	as long as short
MEXC KAS_USDT	+0.0100%	4h	0.04368	−0.023%	$27.9M	$4.5M	200x	as long as short
KuCoin KASUSDTM	+0.0100%	4h	0.04369	0.000%	$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 KASUSDT	+0.0100%	4h	0.04364	−0.114%	$12.0M	$2.9M	50x	as long as short
BingX KAS-USDT	+0.0100%	4h	0.04365	−0.092%	—	$69.1M	—	as long as short
Variational Omni KAS	+0.0100%	4h	0.04377	+0.184%	$26K	$20K	—	as long as short
Aster KASUSDT	+0.0121%	4h	0.04368	−0.028%	$257K	$197K	20x	as long as short
BloFin KAS-USDTlong	+0.0340%	4h	0.04369	long leg	$390K	$224K	75x