KAS

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.1621%/8h= +177.5% APRnext payment +$2.03 per $10,000 · paid last 24h +0.238%

Price spread now: GMX against Kraken Futures−0.075%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. GMX is 0.075% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.075% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 4 hours of funding at the current rate (+$49 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_KASUSD	0.04342	0.0374	pay 0.0047% / 1h	47m 07s	$305K	$505K	20x
Short	GMX KAS/USD [WBTC.b-USDC]	0.04339	L +0.0284% / S −0.1996%	get 0.0249% / 1h	47m 07s	$11K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Kraken Futures. 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 Kraken FuturesbpFee GMXbpOrdersPrice spread, now −0.075%Rate

Funding earned: $340.49
Price spread: −0.075% → 0.000%: −$7.49
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $311
Costs to cover: 0.220%
Break-even: 0.6 days

Slippage unknown: Kraken Futures: live order book, 1 min ago; GMX: no order-book sample. 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 Kraken Futures live order book, 1 min ago	9.22 bp	36.0 bp −$36	259.2 bp −$2,592	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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 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	0.04337	−0.117%	$4K	—	150x	as long as short
Injective KAS/USDC PERP	+0.0033%	1h	0.04361	+0.436%	$45	$154K	5.5x	as long as short
Hyperliquid KAS	+0.0100%	1h	0.04347	+0.114%	$2.8M	$1.1M	3x	as long as short
Aster KASUSDT	+0.0100%	4h	0.04341	−0.020%	$255K	$145K	20x	as long as short
Binance KASUSDT	+0.0100%	4h	0.04341	−0.019%	$4.1M	$12.9M	75x	as long as short
Bybit KASUSDT	+0.0100%	4h	0.04339	−0.070%	$10.9M	$7.8M	50x	as long as short
Gate KAS_USDT	+0.0100%	8h	0.04337	−0.116%	$2.1M	$1.8M	75x	as long as short
MEXC KAS_USDT	+0.0100%	4h	0.04342	−0.001%	$29.3M	$4.9M	200x	as long as short
KuCoin KASUSDTM	+0.0100%	4h	0.04344	+0.038%	$4.3M	$7.4M	50x	as long as short
Bitget KASUSDT	+0.0100%	4h	0.04339	−0.070%	$11.9M	$3.2M	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX KAS-USDT	+0.0100%	4h	0.04340	−0.047%	—	$67.7M	—	as long as short
Variational Omni KAS	+0.0100%	4h	0.04340	−0.053%	$24K	$24K	—	as long as short
GMX KAS/USD [WBTC.b-USDC]short	L +0.0284% / S −0.1996%	1h	0.04339	−0.075%	$11K	—	100x
BloFin KAS-USDT	+0.0340%	4h	0.04345	+0.068%	$373K	$293K	75x	as long as short
Kraken Futures PF_KASUSDlong	+0.0374%	1h	0.04342	long leg	$305K	$505K	20x