Funding arb · Price arb /

KAS

all KAS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against KuCoin−0.053%7-day average −0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs−$127as in the Funding arb table

Net, price: spread back to 7d avg − costs−$132as in the Price arb table

costs, in and out, $10k−$1281.279% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.014%+$1 on $10k

Price spread, last 7 days−0.062%−$6 · spread now −0.053%, 7d avg −0.013%

Together, before fees−0.048%−$5 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.040% cheaper against KuCoin than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.013%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin KASUSDTM	0.04310	0.0100	pay 0.0050% / 4h	2h 18m	$4.3M	$7.4M	50x
Short	Binance KASUSDT	0.04308	0.0100	get 0.0050% / 4h	2h 18m	$4.1M	$12.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now −0.053%Rate

Funding earned: $0
Price spread: −0.053% → −0.013%: −$4.01
Slippage, 4 orders: −$105.9
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$131.91
Costs to cover: 1.279%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; Binance: live order book, 7 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 KuCoin live order book, 5 min ago	7.23 bp	43.5 bp −$44	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 7 min ago	2.33 bp	19.3 bp −$19	63.7 bp −$637	521.6 bp −$52.2K	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	0.04303	−0.158%	$4K	—	150x	as long as short
Injective KAS/USDC PERP	+0.0033%	1h	0.04361	+1.188%	$45	$154K	5.5x	as long as short
Aster KASUSDT	+0.0100%	4h	0.04313	+0.074%	$254K	$146K	20x	as long as short
Binance KASUSDTshort	+0.0100%	4h	0.04308	−0.053%	$4.1M	$12.9M	75x
Bybit KASUSDT	+0.0100%	4h	0.04304	−0.135%	$10.8M	$7.8M	50x	as long as short
Gate KAS_USDT	+0.0100%	8h	0.04303	−0.158%	$2.1M	$1.8M	75x	as long as short
MEXC KAS_USDT	+0.0100%	4h	0.04306	−0.088%	$29.0M	$5.0M	200x	as long as short
KuCoin KASUSDTMlong	+0.0100%	4h	0.04310	long leg	$4.3M	$7.4M	50x
Bitget KASUSDT	+0.0100%	4h	0.04304	−0.135%	$11.8M	$3.2M	50x	as long as short
BingX KAS-USDT	+0.0100%	4h	0.04304	−0.135%	—	$67.7M	—	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	0.04291	−0.430%	$23K	$24K	—	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0283% / S −0.1996%	1h	0.04302	−0.186%	$11K	—	100x	as long as short
Hyperliquid KAS	+0.0294%	1h	0.04313	+0.077%	$2.8M	$1.1M	3x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04317	+0.167%	$372K	$295K	75x	as long as short
Kraken Futures PF_KASUSD	+0.0377%	1h	0.04309	−0.021%	$305K	$510K	20x	as long as short