Funding arb · Price arb /

KAS

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Bybit0.000%7-day average +0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$81as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$790.793% of the position

Long on Bybit Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.019%−$2 on $10k

Price spread, last 7 days+0.043%+$4 · spread now 0.000%, 7d avg +0.038%

Together, before fees+0.024%+$2 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: Bitget is 0.038% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.038%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit KASUSDT	0.04374	0.0100	pay 0.0050% / 4h	1h 21m	$10.8M	$7.1M	50x
Short	Bitget KASUSDT	0.04374	0.0100	get 0.0050% / 4h	1h 21m	$12.0M	$3.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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

Position, each leg$Hold fordaysFee BybitbpFee BitgetbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.038%: −$3.85
Slippage, 4 orders: −$56.27
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$83.11
Costs to cover: 0.793%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; Bitget: 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 Bybit live order book, 2 min ago	3.44 bp	18.4 bp −$18	61.5 bp −$615	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	3.44 bp	20.2 bp −$20	67.9 bp −$679	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
gTrade (Gains Network) KAS/USD	L +0.0010% / S −0.0017%	1h	0.04374	−0.008%	$11K	—	150x	as long as short
Kraken Futures PF_KASUSD	+0.0089%	1h	0.04375	+0.026%	$295K	$446K	20x	as long as short
Aster KASUSDT	+0.0100%	4h	0.04372	−0.043%	$256K	$201K	20x	as long as short
Binance KASUSDT	+0.0100%	4h	0.04377	+0.078%	$4.0M	$11.2M	75x	as long as short
Bybit KASUSDTlong	+0.0100%	4h	0.04374	long leg	$10.8M	$7.1M	50x
Gate KAS_USDT	+0.0100%	8h	0.04373	−0.023%	$2.2M	$1.6M	75x	as long as short
MEXC KAS_USDT	+0.0100%	4h	0.04377	+0.069%	$28.0M	$4.5M	200x	as long as short
KuCoin KASUSDTM	+0.0100%	4h	0.04378	+0.085%	$4.2M	$6.8M	50x	as long as short
Bitget KASUSDTshort	+0.0100%	4h	0.04374	0.000%	$12.0M	$3.0M	50x
BingX KAS-USDT	+0.0100%	4h	0.04374	0.000%	—	$69.5M	—	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	0.04352	−0.504%	$26K	$21K	—	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0168% / S −0.1984%	1h	0.04373	−0.032%	$11K	—	100x	as long as short
Injective KAS/USDC PERP	+0.0329%	1h	0.04361	−0.297%	$45	$154K	5.5x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04370	−0.091%	$383K	$219K	75x	as long as short
Hyperliquid KAS	+0.0547%	1h	0.04389	+0.332%	$2.9M	$987K	3x	as long as short