Funding arb · Price arb /

KAS

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%

Price spread now: Aster against Bitget+0.024%7-day average +0.094% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$119as in the Price arb table

costs, in and out, $10k−$1121.123% of the position

Long on Bitget Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)+0.006%+$1 on $10k

Price spread, last 4 days (all we have)+0.120%+$12 · spread now +0.024%, 7d avg +0.094%

Together, before fees+0.126%+ Points / potential airdropAster: Stage 5 · farm board+$13 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: Aster is 0.070% cheaper against Bitget than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.094%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget KASUSDT	0.04191	0.0100	pay 0.0050% / 4h	10m 45s	$11.5M	$2.1M	50x
Short	Aster KASUSDT	0.04192	0.0100	get 0.0050% / 4h	10m 45s	$247K	$66K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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 BitgetbpFee AsterbpOrdersPrice spread, now +0.024%Rate

Funding earned: $0
Price spread: +0.024% → +0.094%: −$7
Slippage, 4 orders: −$92.27
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$119.27
Costs to cover: 1.123%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; Aster: live order book, 54 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 Bitget live order book, 1 min ago	3.58 bp	18.0 bp −$18	49.5 bp −$495	doesn't fit	doesn't fit
Sell Aster live order book, 54 min ago	11.92 bp	24.1 bp −$24	doesn't fit	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	0.04189	−0.048%	$12K	—	150x	as long as short
Injective KAS/USDC PERP	+0.0033%	1h	0.04207	+0.382%	$44	$135K	5.5x	as long as short
Aster KASUSDTshort	+0.0100%	4h	0.04192	+0.024%	$247K	$66K	20x
Binance KASUSDT	+0.0100%	4h	0.04193	+0.048%	$3.5M	$10.6M	75x	as long as short
Bybit KASUSDT	+0.0100%	4h	0.04190	−0.024%	$10.5M	$5.8M	50x	as long as short
Gate KAS_USDT	+0.0100%	8h	0.04189	−0.048%	$2.2M	$1.2M	75x	as long as short
MEXC KAS_USDT	+0.0100%	4h	0.04194	+0.072%	$31.8M	$5.5M	200x	as long as short
KuCoin KASUSDTM	+0.0100%	4h	0.04193	+0.057%	$4.5M	$7.6M	50x	as long as short
Bitget KASUSDTlong	+0.0100%	4h	0.04191	long leg	$11.5M	$2.1M	50x
BingX KAS-USDT	+0.0100%	4h	0.04190	−0.024%	—	$16.6M	—	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	0.04184	−0.171%	$26K	$22K	—	as long as short
Hyperliquid KAS	+0.0240%	1h	0.04201	+0.227%	$2.8M	$729K	3x	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0253% / S −0.1473%	1h	0.04190	−0.031%	$8K	—	100x	as long as short
Kraken Futures PF_KASUSD	+0.0288%	1h	0.04192	+0.030%	$268K	$301K	20x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04190	−0.024%	$229K	$249K	75x	as long as short