Funding arb · Price arb /

KAS

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%

Price spread now: Bitget against Aster−0.032%7-day average −0.096% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$108as in the Price arb table

costs, in and out, $10k−$1151.145% of the position

Long on Aster Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.004%$0 on $10k

Price spread, last 4 days (all we have)−0.153%−$15 · spread now −0.032%, 7d avg −0.096%

Together, before fees−0.157%+ Points / potential airdropAster: Stage 5 · farm board−$16 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: Bitget is 0.064% dearer against Aster than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.096%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster KASUSDT	0.04392	0.0100	pay 0.0050% / 4h	3h 12m	$259K	$168K	20x
Short	Bitget KASUSDT	0.04391	0.0100	get 0.0050% / 4h	3h 12m	$12.1M	$2.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Aster. 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 AsterbpFee BitgetbpOrdersPrice spread, now −0.032%Rate

Funding earned: $0
Price spread: −0.032% → −0.096%: $6.38
Slippage, 4 orders: −$94.51
Fee Aster: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$108.13
Costs to cover: 1.145%
Break-even: never at this rate

Slippage from Aster: live order book, 59 min ago; Bitget: live order book, 1 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 Aster live order book, 59 min ago	10.38 bp	50.8 bp −$51	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	3.41 bp	16.7 bp −$17	45.9 bp −$459	doesn't fit	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	0.04391	−0.032%	$5K	—	150x	as long as short
Injective KAS/USDC PERP	+0.0033%	1h	0.04361	−0.715%	$45	$154K	5.5x	as long as short
Aster KASUSDTlong	+0.0100%	4h	0.04392	long leg	$259K	$168K	20x
Binance KASUSDT	+0.0100%	4h	0.04396	+0.077%	$4.1M	$11.7M	75x	as long as short
Bybit KASUSDT	+0.0100%	4h	0.04391	−0.032%	$10.9M	$7.2M	50x	as long as short
Gate KAS_USDT	+0.0100%	8h	0.04390	−0.055%	$2.2M	$1.7M	75x	as long as short
MEXC KAS_USDT	+0.0100%	4h	0.04395	+0.059%	$28.4M	$4.5M	200x	as long as short
KuCoin KASUSDTM	+0.0100%	4h	0.04394	+0.034%	$4.3M	$6.8M	50x	as long as short
Bitget KASUSDTshort	+0.0100%	4h	0.04391	−0.032%	$12.1M	$2.9M	50x
BingX KAS-USDT	+0.0100%	4h	0.04393	+0.013%	—	$67.8M	—	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	0.04392	−0.014%	$26K	$21K	—	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0291% / S −0.5848%	1h	0.04392	−0.019%	$12K	—	100x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04391	−0.032%	$377K	$265K	75x	as long as short
Kraken Futures PF_KASUSD	+0.0401%	1h	0.04395	+0.065%	$309K	$467K	20x	as long as short
Hyperliquid KAS	+0.0471%	1h	0.04403	+0.232%	$2.8M	$1.0M	3x	as long as short