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: Binance against Bitget+0.077%7-day average +0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$690.691% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.044%+$4 on $10k

Price spread, last 7 days−0.039%−$4 · spread now +0.077%, 7d avg +0.045%

Together, before fees+0.005%+$1 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: Binance is 0.032% dearer against Bitget than usual: you sell high and buy low, +$3 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	Bitget KASUSDT	0.04353	0.0100	pay 0.0050% / 4h	49m 32s	$12.0M	$2.9M	50x
Short	Binance KASUSDT	0.04356	0.0100	get 0.0050% / 4h	49m 32s	$4.0M	$11.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.077%Rate

Funding earned: $0
Price spread: +0.077% → +0.045%: $3.22
Slippage, 4 orders: −$47.11
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$65.9
Costs to cover: 0.691%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; Binance: live order book, 5 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, 4 min ago	3.44 bp	15.1 bp −$15	50.5 bp −$505	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	1.14 bp	15.7 bp −$16	55.3 bp −$553	565.4 bp −$56.5K	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	0.04353	+0.005%	$11K	—	150x	as long as short
Injective KAS/USDC PERP	+0.0033%	1h	0.04361	+0.184%	$45	$154K	5.5x	as long as short
Aster KASUSDT	+0.0100%	4h	0.04362	+0.199%	$255K	$167K	20x	as long as short
Binance KASUSDTshort	+0.0100%	4h	0.04356	+0.077%	$4.0M	$11.2M	75x
Bybit KASUSDT	+0.0100%	4h	0.04354	+0.023%	$10.8M	$7.1M	50x	as long as short
Gate KAS_USDT	+0.0100%	8h	0.04352	−0.023%	$2.1M	$1.6M	75x	as long as short
MEXC KAS_USDT	+0.0100%	4h	0.04357	+0.092%	$28.1M	$4.4M	200x	as long as short
KuCoin KASUSDTM	+0.0100%	4h	0.04360	+0.168%	$4.2M	$6.8M	50x	as long as short
Bitget KASUSDTlong	+0.0100%	4h	0.04353	long leg	$12.0M	$2.9M	50x
BingX KAS-USDT	+0.0100%	4h	0.04354	+0.023%	—	$69.5M	—	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	0.04355	+0.056%	$26K	$21K	—	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0206% / S −0.3143%	1h	0.04351	−0.034%	$10K	—	100x	as long as short
Kraken Futures PF_KASUSD	+0.0314%	1h	0.04356	+0.071%	$299K	$452K	20x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04365	+0.276%	$376K	$209K	75x	as long as short
Hyperliquid KAS	+0.1345%	1h	0.04365	+0.280%	$2.8M	$974K	3x	as long as short