Funding arb · Price arb /

KAS

all KAS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0061%/8h= +6.7% APRpaid last 24h +0.066%

Price spread now: Aster against GMX+0.022%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aster is 0.022% dearer against GMX than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX KAS/USD [WBTC.b-USDC]	0.04356	L +0.0039% / S +0.0009%	pay 0.0005% / 1h	15m 53s	$4K	—	100x
Short	Aster KASUSDT	0.04357	0.0100	get 0.0050% / 4h	2h 15m	$255K	$199K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against GMX. 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 GMXbpFee AsterbpOrdersPrice spread, now +0.022%Rate

Funding earned: $12.89
Price spread: +0.022% → 0.000%: $2.19
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$4.91
Costs to cover: 0.200%
Break-even: 9.7 days

Slippage unknown: GMX: no order-book sample; Aster: live order book, 6 min ago. Net counts fees only.

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 GMX no order-book sample	—	—	—	—	—
Sell Aster live order book, 6 min ago	9.06 bp	26.3 bp −$26	doesn't fit	doesn't fit	doesn't fit

GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Kraken Futures PF_KASUSD	−0.0192%	1h	0.04360	+0.084%	$292K	$439K	20x	as long as short
Injective KAS/USDC PERP	−0.0009%	1h	0.04361	+0.115%	$45	$154K	5.5x	as long as short
gTrade (Gains Network) KAS/USD	L +0.0010% / S −0.0017%	1h	0.04359	+0.080%	$11K	—	150x	as long as short
GMX KAS/USD [WBTC.b-USDC]long	L +0.0039% / S +0.0009%	1h	0.04356	long leg	$4K	—	100x
Aster KASUSDTshort	+0.0100%	4h	0.04357	+0.022%	$255K	$199K	20x
Binance KASUSDT	+0.0100%	4h	0.04361	+0.115%	$4.0M	$11.2M	75x	as long as short
Bybit KASUSDT	+0.0100%	4h	0.04359	+0.069%	$10.8M	$7.2M	50x	as long as short
Gate KAS_USDT	+0.0100%	8h	0.04354	−0.046%	$2.2M	$1.6M	75x	as long as short
MEXC KAS_USDT	+0.0100%	4h	0.04361	+0.115%	$27.9M	$4.6M	200x	as long as short
KuCoin KASUSDTM	+0.0100%	4h	0.04358	+0.053%	$4.2M	$6.8M	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget KASUSDT	+0.0100%	4h	0.04356	0.000%	$12.0M	$3.0M	50x	as long as short
BingX KAS-USDT	+0.0100%	4h	0.04357	+0.023%	—	$69.3M	—	as long as short
Variational Omni KAS	+0.0100%	4h	0.04409	+1.211%	$26K	$20K	—	as long as short
Hyperliquid KAS	+0.0188%	1h	0.04369	+0.296%	$2.9M	$930K	3x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04357	+0.023%	$382K	$202K	75x	as long as short