Settings8H · net · $10k
Funding arb · Price arb /

KAS

all KAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h −0.031%
Price spread now: Hyperliquid against BloFin+0.021%67s7-day average +0.109% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$910.905% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.261%−$26 on $10k
Price spread, last 4 days (all we have)−0.609%−$61 · spread now +0.021%, 7d avg +0.109%
Together, before fees−0.870%+ Points / potential airdropHyperliquid: Season 2 · farm board−$87 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: Hyperliquid is 0.088% cheaper against BloFin than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.109%. The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin KAS-USDT0.043290.0340pay 0.0170% / 4h1h 44m$387K$279K75x
ShortHyperliquid KAS0.043300.0338get 0.0042% / 1h44m 05s$2.8M$1.1M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
−$0.46
Price spread: +0.021% → +0.109%
−$8.79
Slippage, 4 orders
−$69.51
Fee BloFin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$99.76
Costs to cover
0.905%
Break-even
never at this rate
Slippage from BloFin: live order book, 81 min ago; Hyperliquid: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 81 min ago12.51 bp24.5 bp −$2455.2 bp −$552doesn't fitdoesn't fit
Sell Hyperliquid live order book, 7 min ago7.03 bp18.9 bp −$19doesn't fitdoesn't fitdoesn't fit

KAS on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) KAS/USDL +0.0010% / S −0.0001%1h0.04320−0.214%$4K150xas long as short
Injective KAS/USDC PERP+0.0033%1h0.04361+0.739%$45$154K5.5xas long as short
Aster KASUSDT+0.0100%4h0.04331+0.046%$254K$167K20xas long as short
Binance KASUSDT+0.0100%4h0.04325−0.101%$4.1M$12.4M75xas long as short
Bybit KASUSDT+0.0100%4h0.04322−0.162%$10.7M$7.6M50xas long as short
Gate KAS_USDT+0.0100%8h0.04319−0.231%$2.1M$1.8M75xas long as short
MEXC KAS_USDT+0.0100%4h0.04320−0.208%$28.9M$4.7M200xas long as short
KuCoin KASUSDTM+0.0100%4h0.04324−0.125%$4.2M$7.1M50xas long as short
Bitget KASUSDT+0.0100%4h0.04321−0.185%$11.9M$3.1M50xas long as short
BingX KAS-USDT+0.0100%4h0.04324−0.116%$67.9Mas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni KAS+0.0100%4h0.04322−0.156%$25K$20Kas long as short
Kraken Futures PF_KASUSD+0.0115%1h0.04325−0.100%$307K$495K20xas long as short
GMX KAS/USD [WBTC.b-USDC]L +0.0290% / S −0.5848%1h0.04317−0.270%$12K100xas long as short
Hyperliquid KASshort+0.0338%1h0.04330+0.021%$2.8M$1.1M3x
BloFin KAS-USDTlong+0.0340%4h0.04329long leg$387K$279K75x