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% APRpaid last 24h +0.011%

Price spread now: Bitget against Gate0.000%7-day average +0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$78as in the Funding arb table

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

costs, in and out, $10k−$820.818% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.034%+$3 on $10k

Price spread, last 7 days+0.010%+$1 · spread now 0.000%, 7d avg +0.034%

Together, before fees+0.044%+$4 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 0.034% cheaper against Gate than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.034%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate KAS_USDT	0.04362	0.0100	pay 0.0100% / 8h	1h 33m	$2.2M	$1.6M	75x
Short	Bitget KASUSDT	0.04362	0.0100	get 0.0050% / 4h	1h 33m	$12.0M	$2.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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 GatebpFee BitgetbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.034%: −$3.45
Slippage, 4 orders: −$54.83
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$85.28
Costs to cover: 0.818%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; Bitget: 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 Gate live order book, 4 min ago	3.45 bp	24.3 bp −$24	146.4 bp −$1,464	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	3.44 bp	19.9 bp −$20	45.7 bp −$457	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	0.04364	+0.043%	$11K	—	150x	as long as short
Kraken Futures PF_KASUSD	+0.0090%	1h	0.04364	+0.055%	$293K	$440K	20x	as long as short
Aster KASUSDT	+0.0100%	4h	0.04370	+0.178%	$256K	$199K	20x	as long as short
Binance KASUSDT	+0.0100%	4h	0.04367	+0.115%	$4.0M	$11.2M	75x	as long as short
Bybit KASUSDT	+0.0100%	4h	0.04362	0.000%	$10.8M	$7.1M	50x	as long as short
Gate KAS_USDTlong	+0.0100%	8h	0.04362	long leg	$2.2M	$1.6M	75x
MEXC KAS_USDT	+0.0100%	4h	0.04368	+0.138%	$28.0M	$4.5M	200x	as long as short
KuCoin KASUSDTM	+0.0100%	4h	0.04367	+0.105%	$4.2M	$6.8M	50x	as long as short
Bitget KASUSDTshort	+0.0100%	4h	0.04362	0.000%	$12.0M	$2.9M	50x
BingX KAS-USDT	+0.0100%	4h	0.04364	+0.046%	—	$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	0.04352	−0.218%	$26K	$21K	—	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0151% / S −0.1478%	1h	0.04364	+0.046%	$11K	—	100x	as long as short
Injective KAS/USDC PERP	+0.0329%	1h	0.04361	−0.023%	$45	$154K	5.5x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04353	−0.206%	$380K	$218K	75x	as long as short
Hyperliquid KAS	+0.0496%	1h	0.04375	+0.305%	$2.9M	$923K	3x	as long as short