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

KAS

all KAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0024%/8h= +2.7% APRnext payment +$0.12 per $10,000 · paid last 24h +0.004%
Price spread now: Aster against Bybit+0.184%7-day average +0.129% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$860.858% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.004%$0 on $10k
Price spread, last 4 days (all we have)−0.099%−$10 · spread now +0.184%, 7d avg +0.129%
Together, before fees−0.095%+ Points / potential airdropAster: Stage 5 · farm board−$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aster is 0.055% dearer against Bybit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.129%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit KASUSDT0.043530.0100pay 0.0050% / 4h2h 40m$10.7M$7.1M50x
ShortAster KASUSDT0.043610.0124get 0.0062% / 4h2h 40m$256K$197K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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
$5.12
Price spread: +0.184% → +0.129%
$5.53
Slippage, 4 orders
−$66.81
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
−$75.16
Costs to cover
0.858%
Break-even
109.7 days
Slippage from Bybit: live order book, 3 min ago; Aster: live order book, 46 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 Bybit live order book, 3 min ago4.60 bp20.9 bp −$2169.6 bp −$696doesn't fitdoesn't fit
Sell Aster live order book, 46 min ago5.61 bp22.7 bp −$23doesn'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
Kraken Futures PF_KASUSD−0.0192%1h0.04361+0.172%$289K$432K20xas long as short
Injective KAS/USDC PERP−0.0009%1h0.04423+1.608%$46$102K5.5xas long as short
gTrade (Gains Network) KAS/USDL +0.0010% / S −0.0017%1h0.04363+0.221%$11K150xas long as short
GMX KAS/USD [WBTC.b-USDC]L +0.0036% / S +0.0041%1h0.04359+0.131%$4K100xas long as short
Hyperliquid KAS+0.0100%1h0.04366+0.306%$2.8M$911K3xas long as short
Binance KASUSDT+0.0100%4h0.04354+0.015%$4.0M$11.0M75xas long as short
Bybit KASUSDTlong+0.0100%4h0.04353long leg$10.7M$7.1M50x
Gate KAS_USDT+0.0100%8h0.04354+0.023%$2.2M$1.6M75xas long as short
MEXC KAS_USDT+0.0100%4h0.04357+0.092%$27.8M$4.5M200xas long as short
KuCoin KASUSDTM+0.0100%4h0.04359+0.129%$4.2M$6.8M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget KASUSDT+0.0100%4h0.04348−0.115%$11.9M$3.0M50xas long as short
BingX KAS-USDT+0.0100%4h0.04356+0.069%$69.1Mas long as short
Variational Omni KAS+0.0100%4h0.04359+0.138%$26K$20Kas long as short
Aster KASUSDTshort+0.0124%4h0.04361+0.184%$256K$197K20x
BloFin KAS-USDT+0.0340%4h0.04361+0.184%$391K$223K75xas long as short