Funding arb · Price arb /

KAS

all KAS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Binance−0.118%7-day average −0.045% · you buy dearer than you sell

Net, funding: paid 7d − costs−$79as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$760.757% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.032%−$3 on $10k

Price spread, last 7 days+0.104%+$10 · spread now −0.118%, 7d avg −0.045%

Together, before fees+0.072%+$7 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 0.073% cheaper against Binance than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.045%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance KASUSDT	0.04223	0.0100	pay 0.0050% / 4h	2h 20m	$3.8M	$13.0M	75x
Short	Bitget KASUSDT	0.04218	0.0100	get 0.0050% / 4h	2h 20m	$11.6M	$3.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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 BinancebpFee BitgetbpOrdersPrice spread, now −0.118%Rate

Funding earned: $0
Price spread: −0.118% → −0.045%: −$7.3
Slippage, 4 orders: −$53.7
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$83
Costs to cover: 0.757%
Break-even: never at this rate

Slippage from Binance: live order book, 13 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 Binance live order book, 13 min ago	2.36 bp	15.8 bp −$16	55.7 bp −$557	420.7 bp −$42.1K	doesn't fit
Sell Bitget live order book, 1 min ago	3.56 bp	18.2 bp −$18	59.3 bp −$593	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	0.04219	−0.100%	$14K	—	150x	as long as short
Injective KAS/USDC PERP	+0.0033%	1h	0.04361	+3.268%	$45	$154K	5.5x	as long as short
Aster KASUSDT	+0.0100%	4h	0.04229	+0.145%	$249K	$125K	20x	as long as short
Binance KASUSDTlong	+0.0100%	4h	0.04223	long leg	$3.8M	$13.0M	75x
Bybit KASUSDT	+0.0100%	4h	0.04220	−0.071%	$10.7M	$7.8M	50x	as long as short
Gate KAS_USDT	+0.0100%	8h	0.04217	−0.142%	$2.1M	$1.7M	75x	as long as short
MEXC KAS_USDT	+0.0100%	4h	0.04223	0.000%	$29.1M	$5.5M	200x	as long as short
KuCoin KASUSDTM	+0.0100%	4h	0.04223	−0.005%	$4.4M	$7.2M	50x	as long as short
Bitget KASUSDTshort	+0.0100%	4h	0.04218	−0.118%	$11.6M	$3.0M	50x
BingX KAS-USDT	+0.0100%	4h	0.04222	−0.024%	—	$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	0.04218	−0.127%	$22K	$24K	—	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0219% / S −0.0776%	1h	0.04219	−0.107%	$5K	—	100x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04228	+0.118%	$338K	$274K	75x	as long as short
Hyperliquid KAS	+0.0740%	1h	0.04231	+0.194%	$2.7M	$1.1M	3x	as long as short
Kraken Futures PF_KASUSD	+0.0890%	1h	0.04226	+0.061%	$292K	$524K	20x	as long as short