Settings8H · net · $10k
Funding arb · Price arb /

KAS

all KAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0260%/8h= −28.5% APRnext payment $0.33 per $10,000 · paid last 24h +0.025%
Price spread now: Injective against GMX−1.971%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Injective is 1.971% cheaper against GMX than usual: you would sell low and buy high (−$197 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX KAS/USD [WBTC.b-USDC]0.04449L +0.0294% / S −0.5848%pay 0.0037% / 1h29m 18s$12K100x
ShortInjective KAS/USDC PERP0.043610.0033get 0.0004% / 1h29m 18s$45$154K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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

Funding earned
−$54.64
Price spread: −1.971% → 0.000%
−$197.14
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$263.8
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Injective: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Injective no order-book sample
GMX and Injective: 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 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) KAS/USDL +0.0010% / S 0.0000%1h0.04449+0.004%$4K150xas long as short
Injective KAS/USDC PERPshort+0.0033%1h0.04361−1.971%$45$154K5.5x
Binance KASUSDT+0.0100%4h0.04453+0.094%$4.2M$12.0M75xas long as short
Bybit KASUSDT+0.0100%4h0.04447−0.038%$11.0M$7.3M50xas long as short
Gate KAS_USDT+0.0100%8h0.04450+0.029%$2.2M$1.7M75xas long as short
MEXC KAS_USDT+0.0100%4h0.04453+0.097%$29.4M$4.6M200xas long as short
KuCoin KASUSDTM+0.0100%4h0.04456+0.162%$4.4M$6.9M50xas long as short
Bitget KASUSDT+0.0100%4h0.04451+0.052%$12.3M$3.0M50xas long as short
BingX KAS-USDT+0.0100%4h0.04452+0.074%$67.9Mas long as short
Variational Omni KAS+0.0100%4h0.04440−0.189%$26K$20Kas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster KASUSDT+0.0110%4h0.04457+0.187%$261K$168K20xas long as short
GMX KAS/USD [WBTC.b-USDC]longL +0.0294% / S −0.5848%1h0.04449long leg$12K100x
Hyperliquid KAS+0.0405%1h0.04464+0.346%$2.9M$1.0M3xas long as short
Kraken Futures PF_KASUSD+0.0717%1h0.04451+0.048%$314K$471K20xas long as short