Funding arb · Price arb /

KAS

all KAS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0099%/8h= −10.8% APRpaid last 24h −0.027%

Price spread now: gTrade (Gains Network) against KuCoin−0.081%7-day average — · you buy dearer than you sell

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

Long on KuCoin Short on gTrade (Gains Network)

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—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.081% cheaper against KuCoin than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin KASUSDTM	0.04377	0.0100	pay 0.0050% / 4h	3h 36m	$4.3M	$6.8M	50x
Short	gTrade (Gains Network) KAS/USD	0.04373	L +0.0010% / S −0.0001%	get 0.0000% / 1h	36m 00s	$5K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.081%Rate

Funding earned: −$20.74
Price spread: −0.081% → 0.000%: −$8.09
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$50.83
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 2 min ago; gTrade (Gains Network): 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 2 min ago	7.20 bp	28.0 bp −$28	200.9 bp −$2,009	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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
gTrade (Gains Network) KAS/USDshort	L +0.0010% / S −0.0001%	1h	0.04373	−0.081%	$5K	—	150x
Injective KAS/USDC PERP	+0.0033%	1h	0.04361	−0.359%	$45	$154K	5.5x	as long as short
Aster KASUSDT	+0.0100%	4h	0.04375	−0.046%	$258K	$168K	20x	as long as short
Binance KASUSDT	+0.0100%	4h	0.04377	+0.007%	$4.1M	$11.7M	75x	as long as short
Bybit KASUSDT	+0.0100%	4h	0.04376	−0.016%	$10.9M	$7.2M	50x	as long as short
Gate KAS_USDT	+0.0100%	8h	0.04370	−0.153%	$2.2M	$1.6M	75x	as long as short
MEXC KAS_USDT	+0.0100%	4h	0.04378	+0.030%	$28.3M	$4.5M	200x	as long as short
KuCoin KASUSDTMlong	+0.0100%	4h	0.04377	long leg	$4.3M	$6.8M	50x
Bitget KASUSDT	+0.0100%	4h	0.04376	−0.016%	$12.1M	$3.0M	50x	as long as short
BingX KAS-USDT	+0.0100%	4h	0.04379	+0.053%	—	$67.9M	—	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	0.04375	−0.043%	$26K	$21K	—	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0291% / S −0.5848%	1h	0.04374	−0.073%	$12K	—	100x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04373	−0.085%	$378K	$247K	75x	as long as short
Kraken Futures PF_KASUSD	+0.0403%	1h	0.04377	+0.004%	$308K	$469K	20x	as long as short
Hyperliquid KAS	+0.0520%	1h	0.04384	+0.162%	$2.8M	$1.0M	3x	as long as short