Funding arb · Price arb /

KAS

all KAS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%

Price spread now: Binance against Gate+0.140%7-day average +0.081% · you sell dearer than you buy

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs−$75as in the Price arb table

costs, in and out, $10k−$810.809% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.051%+$5 on $10k

Price spread, last 7 days−0.078%−$8 · spread now +0.140%, 7d avg +0.081%

Together, before fees−0.027%−$3 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: Binance is 0.059% dearer against Gate than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.081%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate KAS_USDT	0.04377	0.0100	pay 0.0100% / 8h	7h 44m	$2.2M	$1.6M	75x
Short	Binance KASUSDT	0.04383	0.0100	get 0.0050% / 4h	3h 44m	$4.1M	$11.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.140%Rate

Funding earned: $0
Price spread: +0.140% → +0.081%: $5.93
Slippage, 4 orders: −$55.87
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$74.95
Costs to cover: 0.809%
Break-even: never at this rate

Slippage from Gate: live order book, 3 min ago; Binance: live order book, 10 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, 3 min ago	4.61 bp	18.4 bp −$18	190.0 bp −$1,900	doesn't fit	doesn't fit
Sell Binance live order book, 10 min ago	1.16 bp	15.4 bp −$15	57.1 bp −$571	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 −0.0001%	1h	0.04363	−0.315%	$5K	—	150x	as long as short
Injective KAS/USDC PERP	+0.0033%	1h	0.04361	−0.366%	$45	$154K	5.5x	as long as short
Aster KASUSDT	+0.0100%	4h	0.04369	−0.178%	$258K	$168K	20x	as long as short
Binance KASUSDTshort	+0.0100%	4h	0.04383	+0.140%	$4.1M	$11.7M	75x
Bybit KASUSDT	+0.0100%	4h	0.04382	+0.114%	$10.9M	$7.2M	50x	as long as short
Gate KAS_USDTlong	+0.0100%	8h	0.04377	long leg	$2.2M	$1.6M	75x
MEXC KAS_USDT	+0.0100%	4h	0.04384	+0.160%	$28.4M	$4.5M	200x	as long as short
KuCoin KASUSDTM	+0.0100%	4h	0.04382	+0.119%	$4.4M	$6.8M	50x	as long as short
Bitget KASUSDT	+0.0100%	4h	0.04380	+0.069%	$12.1M	$3.0M	50x	as long as short
BingX KAS-USDT	+0.0100%	4h	0.04381	+0.091%	—	$67.9M	—	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	0.04349	−0.644%	$26K	$21K	—	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0290% / S −0.5848%	1h	0.04348	−0.667%	$12K	—	100x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04372	−0.114%	$371K	$227K	75x	as long as short
Kraken Futures PF_KASUSD	+0.0404%	1h	0.04369	−0.182%	$307K	$468K	20x	as long as short
Hyperliquid KAS	+0.0598%	1h	0.04388	+0.256%	$2.8M	$1.0M	3x	as long as short