Funding arb · Price arb /

KAS

all KAS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.074%

Price spread now: BloFin against Gate+0.757%108s7-day average +0.133% · you sell dearer than you buy

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$930.933% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.355%+$36 on $10k

Price spread, last 3 days (all we have)−0.526%−$53 · spread now +0.757%, 7d avg +0.133%

Together, before fees−0.171%−$17 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.624% dearer against Gate than usual: you sell high and buy low: +$62 more if the spread goes back to its 7-day average of +0.133%. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate KAS_USDT	0.04358	0.0100	pay 0.0100% / 8h	7h 41m	$2.1M	$1.6M	75x
Short	BloFin KAS-USDT	0.04391	0.0340	get 0.0170% / 4h	3h 41m	$374K	$228K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.757%Rate

Funding earned: $50.4
Price spread: +0.757% → +0.133%: $62.43
Slippage, 4 orders: −$66.35
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: $19.48
Costs to cover: 0.933%
Break-even: 4.3 days

Slippage from Gate: live order book, 1 min ago; BloFin: live order book, 29 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, 1 min ago	4.58 bp	24.4 bp −$24	149.1 bp −$1,491	doesn't fit	doesn't fit
Sell BloFin live order book, 29 min ago	2.31 bp	19.8 bp −$20	46.5 bp −$465	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	0.04359	+0.028%	$5K	—	150x	as long as short
Injective KAS/USDC PERP	+0.0033%	1h	0.04361	+0.069%	$45	$154K	5.5x	as long as short
Aster KASUSDT	+0.0100%	4h	0.04363	+0.108%	$257K	$168K	20x	as long as short
Binance KASUSDT	+0.0100%	4h	0.04363	+0.115%	$4.1M	$11.7M	75x	as long as short
Bybit KASUSDT	+0.0100%	4h	0.04360	+0.046%	$10.8M	$7.2M	50x	as long as short
Gate KAS_USDTlong	+0.0100%	8h	0.04358	long leg	$2.1M	$1.6M	75x
MEXC KAS_USDT	+0.0100%	4h	0.04365	+0.161%	$28.3M	$4.5M	200x	as long as short
KuCoin KASUSDTM	+0.0100%	4h	0.04365	+0.154%	$4.3M	$6.8M	50x	as long as short
Bitget KASUSDT	+0.0100%	4h	0.04359	+0.023%	$12.0M	$3.0M	50x	as long as short
BingX KAS-USDT	+0.0100%	4h	0.04361	+0.069%	—	$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	−0.211%	$26K	$21K	—	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0290% / S −0.5848%	1h	0.04360	+0.034%	$12K	—	100x	as long as short
BloFin KAS-USDTshort	+0.0340%	4h	0.04391	+0.757%	$374K	$228K	75x
Kraken Futures PF_KASUSD	+0.0403%	1h	0.04375	+0.397%	$308K	$468K	20x	as long as short
Hyperliquid KAS	+0.0564%	1h	0.04372	+0.317%	$2.8M	$1.0M	3x	as long as short