KAS

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0579%/8h= −63.4% APRnext payment −$0.72 per $10,000 · paid last 24h −0.001%

Price spread now: Hyperliquid against Kraken Futures+0.238%7-day average +0.010% · you sell dearer than you buy

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

Long on Kraken Futures Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days−1.504%−$150 on $10k

Price spread, last 4 days (all we have)−0.799%−$80 · spread now +0.238%, 7d avg +0.010%

Together, before fees−2.303%+ Points / potential airdropHyperliquid: Season 2 · farm board−$230 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Hyperliquid is 0.228% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.238% now, against its 7-day average of +0.010%): +$23 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 32 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_KASUSD	0.04186	0.1510	pay 0.0189% / 1h	31m 36s	$291K	$534K	20x
Short	Hyperliquid KAS	0.04196	0.0931	get 0.0116% / 1h	31m 36s	$2.7M	$1.1M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Kraken Futures. 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 Kraken FuturesbpFee HyperliquidbpOrdersPrice spread, now +0.238%Rate

Funding earned: −$121.61
Price spread: +0.238% → +0.010%: $22.82
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$117.79
Costs to cover: 0.190%
Break-even: from the start

Slippage unknown: Kraken Futures: live order book, 14 min ago; Hyperliquid: live order book, 3 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 Kraken Futures live order book, 14 min ago	3.58 bp	42.7 bp −$43	247.1 bp −$2,471	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 3 min ago	1.79 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

KAS on 15 exchanges

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 −0.0008%	1h	0.04183	−0.077%	$13K	—	150x	as long as short
Injective KAS/USDC PERP	+0.0033%	1h	0.04361	+4.182%	$45	$154K	5.5x	as long as short
Aster KASUSDT	+0.0100%	4h	0.04191	+0.127%	$246K	$128K	20x	as long as short
Binance KASUSDT	+0.0100%	4h	0.04188	+0.061%	$3.8M	$13.1M	75x	as long as short
Bybit KASUSDT	+0.0100%	4h	0.04184	−0.046%	$10.5M	$8.0M	50x	as long as short
Gate KAS_USDT	+0.0100%	8h	0.04182	−0.094%	$2.1M	$1.7M	75x	as long as short
MEXC KAS_USDT	+0.0100%	4h	0.04187	+0.026%	$28.8M	$5.3M	200x	as long as short
KuCoin KASUSDTM	+0.0100%	4h	0.04189	+0.073%	$4.5M	$7.2M	50x	as long as short
Bitget KASUSDT	+0.0100%	4h	0.04184	−0.046%	$11.5M	$3.0M	50x	as long as short
BingX KAS-USDT	+0.0100%	4h	0.04185	−0.022%	—	$53.7M	—	as long as short

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni KAS	+0.0100%	4h	0.04190	+0.108%	$22K	$25K	—	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0219% / S −0.0776%	1h	0.04189	+0.064%	$5K	—	100x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04191	+0.121%	$330K	$267K	75x	as long as short
Hyperliquid KASshort	+0.0931%	1h	0.04196	+0.238%	$2.7M	$1.1M	3x
Kraken Futures PF_KASUSDlong	+0.1510%	1h	0.04186	long leg	$291K	$534K	20x