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: BingX against KuCoin−0.114%7-day average −0.057% · you buy dearer than you sell

Net, funding: paid 7d − costs−$103as in the Funding arb table

Net, price: spread back to 7d avg − costs−$110as in the Price arb table

costs, in and out, $10k−$1041.043% of the position

Long on KuCoin Short on BingX

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−0.007%−$1 · spread now −0.114%, 7d avg −0.057%

Together, before fees+0.007%+$1 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: BingX is 0.057% cheaper against KuCoin than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.057%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin KASUSDTM	0.04395	0.0100	pay 0.0050% / 4h	3h 02m	$4.3M	$6.9M	50x
Short	BingX KAS-USDT	0.04390	0.0100	get 0.0050% / 4h	3h 02m	—	$67.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.114%Rate

Funding earned: $0
Price spread: −0.114% → −0.057%: −$5.7
Slippage, 4 orders: −$82.29
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$109.99
Costs to cover: 1.043%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; BingX: live order book, 6 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, 5 min ago	3.18 bp	43.5 bp −$44	227.4 bp −$2,274	doesn't fit	doesn't fit
Sell BingX live order book, 6 min ago	1.14 bp	14.0 bp −$14	49.0 bp −$490	343.8 bp −$34.4K	516.1 bp −$258.1K

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 0.0000%	1h	0.04395	0.000%	$3K	—	150x	as long as short
Injective KAS/USDC PERP	+0.0033%	1h	0.04361	−0.774%	$45	$154K	5.5x	as long as short
Aster KASUSDT	+0.0100%	4h	0.04397	+0.044%	$259K	$168K	20x	as long as short
Binance KASUSDT	+0.0100%	4h	0.04395	0.000%	$4.1M	$11.7M	75x	as long as short
Bybit KASUSDT	+0.0100%	4h	0.04393	−0.046%	$10.9M	$7.2M	50x	as long as short
Gate KAS_USDT	+0.0100%	8h	0.04391	−0.091%	$2.2M	$1.7M	75x	as long as short
MEXC KAS_USDT	+0.0100%	4h	0.04397	+0.046%	$28.4M	$4.5M	200x	as long as short
KuCoin KASUSDTMlong	+0.0100%	4h	0.04395	long leg	$4.3M	$6.9M	50x
Bitget KASUSDT	+0.0100%	4h	0.04392	−0.068%	$12.1M	$2.9M	50x	as long as short
BingX KAS-USDTshort	+0.0100%	4h	0.04390	−0.114%	—	$67.8M	—

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni KAS	+0.0100%	4h	0.04394	−0.030%	$26K	$21K	—	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0292% / S −0.5848%	1h	0.04395	0.000%	$12K	—	100x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04403	+0.182%	$381K	$286K	75x	as long as short
Kraken Futures PF_KASUSD	+0.0401%	1h	0.04398	+0.075%	$309K	$467K	20x	as long as short
Hyperliquid KAS	+0.0461%	1h	0.04404	+0.205%	$2.8M	$1.0M	3x	as long as short