Funding arb · Price arb /

KAS

all KAS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%

Price spread now: KuCoin against Gate+0.127%7-day average +0.095% · you sell dearer than you buy

Net, funding: paid 7d − costs−$119as in the Funding arb table

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

costs, in and out, $10k−$1221.223% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.037%+$4 on $10k

Price spread, last 7 days−0.007%−$1 · spread now +0.127%, 7d avg +0.095%

Together, before fees+0.030%+$3 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 0.032% dearer against Gate than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.095%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate KAS_USDT	0.04341	0.0100	pay 0.0100% / 8h	5h 29m	$2.2M	$1.8M	75x
Short	KuCoin KASUSDTM	0.04346	0.0100	get 0.0050% / 4h	1h 29m	$4.2M	$7.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.127%Rate

Funding earned: $0
Price spread: +0.127% → +0.095%: $3.21
Slippage, 4 orders: −$95.31
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$119.09
Costs to cover: 1.223%
Break-even: never at this rate

Slippage from Gate: live order book, 3 min ago; KuCoin: live order book, 8 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, 3 min ago	5.75 bp	24.1 bp −$24	200.0 bp −$2,000	doesn't fit	doesn't fit
Sell KuCoin live order book, 8 min ago	3.69 bp	30.3 bp −$30	doesn't fit	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 −0.0001%	1h	0.04349	+0.184%	$4K	—	150x	as long as short
Injective KAS/USDC PERP	+0.0033%	1h	0.04361	+0.461%	$45	$154K	5.5x	as long as short
Aster KASUSDT	+0.0100%	4h	0.04347	+0.129%	$255K	$167K	20x	as long as short
Binance KASUSDT	+0.0100%	4h	0.04347	+0.146%	$4.2M	$12.4M	75x	as long as short
Bybit KASUSDT	+0.0100%	4h	0.04342	+0.023%	$10.7M	$7.6M	50x	as long as short
Gate KAS_USDTlong	+0.0100%	8h	0.04341	long leg	$2.2M	$1.8M	75x
MEXC KAS_USDT	+0.0100%	4h	0.04343	+0.046%	$28.9M	$4.7M	200x	as long as short
KuCoin KASUSDTMshort	+0.0100%	4h	0.04346	+0.127%	$4.2M	$7.1M	50x
Bitget KASUSDT	+0.0100%	4h	0.04341	0.000%	$11.9M	$3.1M	50x	as long as short
BingX KAS-USDT	+0.0100%	4h	0.04343	+0.046%	—	$67.9M	—	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	+0.325%	$26K	$20K	—	as long as short
Kraken Futures PF_KASUSD	+0.0114%	1h	0.04354	+0.304%	$309K	$495K	20x	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0291% / S −0.5848%	1h	0.04352	+0.249%	$12K	—	100x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04357	+0.369%	$385K	$280K	75x	as long as short
Hyperliquid KAS	+0.0340%	1h	0.04351	+0.235%	$2.8M	$1.1M	3x	as long as short