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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against KuCoin−0.037%7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$105as in the Funding arb table

Net, price: spread back to 7d avg − costs−$109as in the Price arb table

costs, in and out, $10k−$1061.065% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.014%+$1 on $10k

Price spread, last 7 days−0.047%−$5 · spread now −0.037%, 7d avg −0.016%

Together, before fees−0.033%−$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: Binance is 0.021% cheaper against KuCoin than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin KASUSDTM	0.04338	0.0100	pay 0.0050% / 4h	3h 49m	$4.3M	$6.8M	50x
Short	Binance KASUSDT	0.04336	0.0100	get 0.0050% / 4h	3h 49m	$4.0M	$11.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now −0.037%Rate

Funding earned: $0
Price spread: −0.037% → −0.016%: −$2.13
Slippage, 4 orders: −$84.46
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$108.59
Costs to cover: 1.065%
Break-even: never at this rate

Slippage from KuCoin: live order book, 8 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 KuCoin live order book, 8 min ago	5.20 bp	43.4 bp −$43	206.3 bp −$2,063	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	1.16 bp	15.4 bp −$15	57.1 bp −$571	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	0.04336	−0.046%	$5K	—	150x	as long as short
Injective KAS/USDC PERP	+0.0033%	1h	0.04361	+0.530%	$45	$154K	5.5x	as long as short
Aster KASUSDT	+0.0100%	4h	0.04331	−0.161%	$255K	$168K	20x	as long as short
Binance KASUSDTshort	+0.0100%	4h	0.04336	−0.037%	$4.0M	$11.7M	75x
Bybit KASUSDT	+0.0100%	4h	0.04336	−0.046%	$10.8M	$7.2M	50x	as long as short
Gate KAS_USDT	+0.0100%	8h	0.04330	−0.184%	$2.1M	$1.6M	75x	as long as short
MEXC KAS_USDT	+0.0100%	4h	0.04339	+0.023%	$28.1M	$4.5M	200x	as long as short
KuCoin KASUSDTMlong	+0.0100%	4h	0.04338	long leg	$4.3M	$6.8M	50x
Bitget KASUSDT	+0.0100%	4h	0.04339	+0.023%	$12.0M	$3.0M	50x	as long as short
BingX KAS-USDT	+0.0100%	4h	0.04337	−0.023%	—	$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	0.04346	+0.180%	$26K	$21K	—	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0290% / S −0.5848%	1h	0.04331	−0.150%	$12K	—	100x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04347	+0.207%	$373K	$206K	75x	as long as short
Kraken Futures PF_KASUSD	+0.0406%	1h	0.04341	+0.066%	$306K	$464K	20x	as long as short
Hyperliquid KAS	+0.0591%	1h	0.04346	+0.182%	$2.8M	$1.0M	3x	as long as short