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% APRpaid last 24h +0.015%

Price spread now: Aster against Gate+0.069%7-day average +0.148% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$116as in the Price arb table

costs, in and out, $10k−$1081.083% of the position

Long on Gate Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.025%+$3 on $10k

Price spread, last 4 days (all we have)+0.182%+$18 · spread now +0.069%, 7d avg +0.148%

Together, before fees+0.207%+ Points / potential airdropAster: Stage 5 · farm board+$21 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: Aster is 0.080% cheaper against Gate than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.148%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate KAS_USDT	0.04367	0.0100	pay 0.0100% / 8h	1h 57m	$2.2M	$1.6M	75x
Short	Aster KASUSDT	0.04370	0.0100	get 0.0050% / 4h	1h 57m	$256K	$199K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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 GatebpFee AsterbpOrdersPrice spread, now +0.069%Rate

Funding earned: $0
Price spread: +0.069% → +0.148%: −$7.96
Slippage, 4 orders: −$85.35
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aster: 4 bp × 2 orders: −$8
Net: −$116.3
Costs to cover: 1.083%
Break-even: never at this rate

Slippage from Gate: live order book, 5 min ago; Aster: live order book, 24 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 Gate live order book, 5 min ago	8.05 bp	28.0 bp −$28	214.3 bp −$2,143	doesn't fit	doesn't fit
Sell Aster live order book, 24 min ago	9.06 bp	26.3 bp −$26	doesn't fit	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	0.04373	+0.145%	$11K	—	150x	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0055% / S −0.0177%	1h	0.04372	+0.117%	$4K	—	100x	as long as short
Kraken Futures PF_KASUSD	+0.0089%	1h	0.04376	+0.200%	$293K	$439K	20x	as long as short
Aster KASUSDTshort	+0.0100%	4h	0.04370	+0.069%	$256K	$199K	20x
Binance KASUSDT	+0.0100%	4h	0.04380	+0.298%	$4.1M	$11.2M	75x	as long as short
Bybit KASUSDT	+0.0100%	4h	0.04373	+0.137%	$10.8M	$7.2M	50x	as long as short
Gate KAS_USDTlong	+0.0100%	8h	0.04367	long leg	$2.2M	$1.6M	75x
MEXC KAS_USDT	+0.0100%	4h	0.04378	+0.252%	$28.1M	$4.4M	200x	as long as short
KuCoin KASUSDTM	+0.0100%	4h	0.04373	+0.142%	$4.2M	$6.8M	50x	as long as short
Bitget KASUSDT	+0.0100%	4h	0.04373	+0.137%	$12.0M	$3.0M	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX KAS-USDT	+0.0100%	4h	0.04371	+0.092%	—	$69.3M	—	as long as short
Variational Omni KAS	+0.0100%	4h	0.04357	−0.222%	$26K	$21K	—	as long as short
Injective KAS/USDC PERP	+0.0329%	1h	0.04361	−0.137%	$45	$154K	5.5x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04372	+0.114%	$387K	$202K	75x	as long as short
Hyperliquid KAS	+0.0718%	1h	0.04384	+0.396%	$2.9M	$928K	3x	as long as short