Funding arb · Price arb /

KAS

all KAS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%

Price spread now: Bitget against Aster+0.021%7-day average −0.096% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$102as in the Price arb table

costs, in and out, $10k−$1141.138% of the position

Long on Aster Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)−0.005%$0 on $10k

Price spread, last 4 days (all we have)−0.133%−$13 · spread now +0.021%, 7d avg −0.096%

Together, before fees−0.138%+ Points / potential airdropAster: Stage 5 · farm board−$14 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: Bitget is 0.117% dearer against Aster than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.096%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster KASUSDT	0.04203	0.0100	pay 0.0050% / 4h	1h 57m	$247K	$135K	20x
Short	Bitget KASUSDT	0.04204	0.0100	get 0.0050% / 4h	1h 57m	$11.5M	$3.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Aster. 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 AsterbpFee BitgetbpOrdersPrice spread, now +0.021%Rate

Funding earned: $0
Price spread: +0.021% → −0.096%: $11.67
Slippage, 4 orders: −$93.83
Fee Aster: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$102.15
Costs to cover: 1.138%
Break-even: never at this rate

Slippage from Aster: live order book, 52 min ago; Bitget: live order book, 4 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 Aster live order book, 52 min ago	8.23 bp	42.3 bp −$42	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	4.77 bp	22.5 bp −$23	53.9 bp −$539	doesn't fit	doesn't fit

KAS on 15 exchanges

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 −0.0008%	1h	0.04203	−0.011%	$14K	—	150x	as long as short
Injective KAS/USDC PERP	+0.0033%	1h	0.04361	+3.757%	$45	$154K	5.5x	as long as short
Aster KASUSDTlong	+0.0100%	4h	0.04203	long leg	$247K	$135K	20x
Binance KASUSDT	+0.0100%	4h	0.04207	+0.093%	$3.8M	$13.0M	75x	as long as short
Bybit KASUSDT	+0.0100%	4h	0.04200	−0.074%	$10.6M	$8.0M	50x	as long as short
Gate KAS_USDT	+0.0100%	8h	0.04202	−0.026%	$2.1M	$1.7M	75x	as long as short
MEXC KAS_USDT	+0.0100%	4h	0.04206	+0.069%	$29.1M	$5.2M	200x	as long as short
KuCoin KASUSDTM	+0.0100%	4h	0.04210	+0.157%	$4.4M	$7.2M	50x	as long as short
Bitget KASUSDTshort	+0.0100%	4h	0.04204	+0.021%	$11.5M	$3.0M	50x
BingX KAS-USDT	+0.0100%	4h	0.04202	−0.026%	—	$53.7M	—	as long as short

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni KAS	+0.0100%	4h	0.04190	−0.323%	$22K	$24K	—	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0219% / S −0.0776%	1h	0.04200	−0.072%	$5K	—	100x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04211	+0.188%	$336K	$269K	75x	as long as short
Hyperliquid KAS	+0.0735%	1h	0.04211	+0.181%	$2.7M	$1.1M	3x	as long as short
Kraken Futures PF_KASUSD	+0.1504%	1h	0.04205	+0.048%	$291K	$535K	20x	as long as short