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

KAS

all KAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0671%/8h= +73.4% APRnext payment +$0.84 per $10,000 · paid last 24h +0.092%
Price spread now: Kraken Futures against GMX+0.197%7-day average · you sell dearer than you buy
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 4 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 for this trade now. Funding pays +$20 a day on $10k at the current rate, and Kraken Futures is 0.197% dearer against GMX than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX KAS/USD [WBTC.b-USDC]0.04217L +0.0219% / S −0.0776%pay 0.0027% / 1h20m 47s$5K100x
ShortKraken Futures PF_KASUSD0.042250.0890get 0.0111% / 1h20m 47s$292K$525K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$140.82
Price spread: +0.197% → 0.000%
$19.67
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$138.49
Costs to cover
0.220%
Break-even
0.1 days
Slippage unknown: GMX: no order-book sample; Kraken Futures: live order book, 30 min ago. 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 Kraken Futures live order book, 30 min ago10.59 bp27.7 bp −$28876.4 bp −$8,764doesn't fitdoesn'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 exchanges

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 −0.0008%1h0.04219+0.040%$14K150xas long as short
Injective KAS/USDC PERP+0.0033%1h0.04361+3.412%$45$154K5.5xas long as short
Aster KASUSDT+0.0100%4h0.04228+0.258%$249K$125K20xas long as short
Binance KASUSDT+0.0100%4h0.04224+0.164%$3.8M$13.0M75xas long as short
Bybit KASUSDT+0.0100%4h0.04219+0.045%$10.7M$7.8M50xas long as short
Gate KAS_USDT+0.0100%8h0.04219+0.045%$2.1M$1.7M75xas long as short
MEXC KAS_USDT+0.0100%4h0.04226+0.211%$29.1M$5.5M200xas long as short
KuCoin KASUSDTM+0.0100%4h0.04227+0.225%$4.4M$7.2M50xas long as short
Bitget KASUSDT+0.0100%4h0.04219+0.045%$11.6M$3.0M50xas long as short
BingX KAS-USDT+0.0100%4h0.04223+0.140%$53.7Mas long as short
Show all 15 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni KAS+0.0100%4h0.04218+0.013%$22K$24Kas long as short
GMX KAS/USD [WBTC.b-USDC]longL +0.0219% / S −0.0776%1h0.04217long leg$5K100x
BloFin KAS-USDT+0.0340%4h0.04228+0.258%$338K$274K75xas long as short
Hyperliquid KAS+0.0741%1h0.04228+0.266%$2.7M$1.1M3xas long as short
Kraken Futures PF_KASUSDshort+0.0890%1h0.04225+0.197%$292K$525K20x