Funding you earn now, next payment 02:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.019%
Price spread now: Binance against Injective−0.374%97s7-day average +2.005% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.112%+$11 on $10k
+Price spread, last 3 days (all we have)+4.296%+$430 · spread now −0.374%, 7d avg +2.005%
=Funding pays, the price is against you. Binance is 2.379% cheaper against Injective than usual: you would sell low and buy high (spread −0.374% now, against its 7-day average of +2.005%). If the spread goes back, that is −$238 on $10k: about 4 months of funding at the current rate (+$2 a day). The two prices were read 97 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective KAS/USDC PERP | 0.04361 | 0.0033 | pay 0.0004% / 1h | 59m 37s | $45 | $154K | 5.5x |
| Short | Binance KASUSDT | 0.04345 | 0.0100 | get 0.0050% / 4h | 1h 59m | $4.2M | $12.3M | 75x |
Injective KAS/USDC PERP
Binance KASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $14
- Price spread: −0.374% → +2.005%
- −$237.85
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$233.87
- Costs to cover
- 0.100%
- Break-even
- 123.9 days
Slippage unknown: Injective: no order-book sample; Binance: live order book, 11 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 11 min ago | 1.14 bp | 16.9 bp −$17 | 58.6 bp −$586 | 362.1 bp −$36.2K | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
KAS on 14 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 | 0.04345 | −0.368% | $4K | — | 150x | as long as short |
| Injective KAS/USDC PERPlong | +0.0033% | 1h | 0.04361 | long leg | $45 | $154K | 5.5x | |
| Hyperliquid KAS | +0.0100% | 1h | 0.04351 | −0.232% | $2.8M | $1.1M | 3x | as long as short |
| Aster KASUSDT | +0.0100% | 4h | 0.04351 | −0.229% | $255K | $168K | 20x | as long as short |
| Binance KASUSDTshort | +0.0100% | 4h | 0.04345 | −0.374% | $4.2M | $12.3M | 75x | |
| Bybit KASUSDT | +0.0100% | 4h | 0.04342 | −0.436% | $10.8M | $7.5M | 50x | as long as short |
| Gate KAS_USDT | +0.0100% | 8h | 0.04340 | −0.482% | $2.2M | $1.7M | 75x | as long as short |
| MEXC KAS_USDT | +0.0100% | 4h | 0.04351 | −0.229% | $28.7M | $4.6M | 200x | as long as short |
| KuCoin KASUSDTM | +0.0100% | 4h | 0.04347 | −0.321% | $4.3M | $7.1M | 50x | as long as short |
| Bitget KASUSDT | +0.0100% | 4h | 0.04344 | −0.390% | $11.9M | $3.1M | 50x | as long as short |
gTrade (Gains Network) KAS/USD
Hyperliquid KAS
Aster KASUSDT
Bybit KASUSDT
Gate KAS_USDT
MEXC KAS_USDT
KuCoin KASUSDTM
Bitget KASUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KAS-USDT | +0.0100% | 4h | 0.04343 | −0.413% | — | $67.9M | — | as long as short |
| Variational Omni KAS | +0.0100% | 4h | 0.04343 | −0.419% | $26K | $20K | — | as long as short |
| GMX KAS/USD [WBTC.b-USDC] | L +0.0291% / S −0.5848% | 1h | 0.04342 | −0.436% | $12K | — | 100x | as long as short |
| Kraken Futures PF_KASUSD | +0.0734% | 1h | 0.04348 | −0.306% | $308K | $493K | 20x | as long as short |
BingX KAS-USDT
Variational Omni KAS
GMX KAS/USD [WBTC.b-USDC]
Kraken Futures PF_KASUSD