Funding arb · Price arb /

KAS

all KAS markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: KuCoin against BingX+0.116%7-day average +0.058% · you sell dearer than you buy

Net, funding: paid 7d − costs−$93as in the Funding arb table

Net, price: spread back to 7d avg − costs−$85as in the Price arb table

costs, in and out, $10k−$910.913% of the position

Long on BingX Short on KuCoin

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+0.016%+$2 · spread now +0.116%, 7d avg +0.058%

Together, before fees+0.002%$0 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: KuCoin is 0.058% dearer against BingX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.058%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX KAS-USDT	0.04313	0.0100	pay 0.0050% / 4h	44m 44s	—	$69.5M	—
Short	KuCoin KASUSDTM	0.04318	0.0100	get 0.0050% / 4h	44m 44s	$4.2M	$6.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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 BingXbpFee KuCoinbpOrdersPrice spread, now +0.116%Rate

Funding earned: $0
Price spread: +0.116% → +0.058%: $5.83
Slippage, 4 orders: −$69.29
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$85.46
Costs to cover: 0.913%
Break-even: never at this rate

Slippage from BingX: live order book, 9 min ago; KuCoin: live order book, 3 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 BingX live order book, 9 min ago	6.88 bp	20.7 bp −$21	51.6 bp −$516	394.0 bp −$39.4K	510.0 bp −$255.0K
Sell KuCoin live order book, 3 min ago	6.53 bp	26.9 bp −$27	173.7 bp −$1,737	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 −0.0017%	1h	0.04312	−0.023%	$11K	—	150x	as long as short
Injective KAS/USDC PERP	+0.0033%	1h	0.04361	+1.113%	$45	$154K	5.5x	as long as short
Aster KASUSDT	+0.0100%	4h	0.04315	+0.041%	$253K	$167K	20x	as long as short
Binance KASUSDT	+0.0100%	4h	0.04317	+0.085%	$4.0M	$11.3M	75x	as long as short
Bybit KASUSDT	+0.0100%	4h	0.04314	+0.023%	$10.7M	$7.2M	50x	as long as short
Gate KAS_USDT	+0.0100%	8h	0.04309	−0.093%	$2.1M	$1.6M	75x	as long as short
MEXC KAS_USDT	+0.0100%	4h	0.04313	0.000%	$27.7M	$4.4M	200x	as long as short
KuCoin KASUSDTMshort	+0.0100%	4h	0.04318	+0.116%	$4.2M	$6.8M	50x
Bitget KASUSDT	+0.0100%	4h	0.04312	−0.023%	$11.9M	$3.0M	50x	as long as short
BingX KAS-USDTlong	+0.0100%	4h	0.04313	long leg	—	$69.5M	—

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni KAS	+0.0100%	4h	0.04312	−0.012%	$25K	$21K	—	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0225% / S −0.3773%	1h	0.04309	−0.093%	$11K	—	100x	as long as short
Kraken Futures PF_KASUSD	+0.0317%	1h	0.04316	+0.063%	$297K	$455K	20x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04321	+0.185%	$374K	$207K	75x	as long as short
Hyperliquid KAS	+0.1229%	1h	0.04323	+0.234%	$2.8M	$981K	3x	as long as short