Funding arb · Price arb /

KAS

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.015%

Price spread now: Gate against Aster−0.114%7-day average −0.149% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$97as in the Price arb table

costs, in and out, $10k−$1001.004% of the position

Long on Aster Short on Gate

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.025%−$3 on $10k

Price spread, last 4 days (all we have)−0.145%−$14 · spread now −0.114%, 7d avg −0.149%

Together, before fees−0.170%+ Points / potential airdropAster: Stage 5 · farm board−$17 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: Gate is 0.035% dearer against Aster than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.149%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster KASUSDT	0.04362	0.0100	pay 0.0050% / 4h	1h 37m	$256K	$199K	20x
Short	Gate KAS_USDT	0.04357	0.0100	get 0.0100% / 8h	1h 37m	$2.2M	$1.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.114%Rate

Funding earned: $0
Price spread: −0.114% → −0.149%: $3.45
Slippage, 4 orders: −$77.38
Fee Aster: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$96.92
Costs to cover: 1.004%
Break-even: never at this rate

Slippage from Aster: live order book, 44 min ago; Gate: 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 Aster live order book, 44 min ago	9.06 bp	30.1 bp −$30	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	2.29 bp	23.5 bp −$24	117.0 bp −$1,170	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 −0.0017%	1h	0.04365	+0.075%	$11K	—	150x	as long as short
Kraken Futures PF_KASUSD	+0.0090%	1h	0.04363	+0.028%	$292K	$439K	20x	as long as short
Aster KASUSDTlong	+0.0100%	4h	0.04362	long leg	$256K	$199K	20x
Binance KASUSDT	+0.0100%	4h	0.04357	−0.118%	$4.0M	$11.2M	75x	as long as short
Bybit KASUSDT	+0.0100%	4h	0.04354	−0.183%	$10.8M	$7.1M	50x	as long as short
Gate KAS_USDTshort	+0.0100%	8h	0.04357	−0.114%	$2.2M	$1.6M	75x
MEXC KAS_USDT	+0.0100%	4h	0.04361	−0.023%	$28.0M	$4.5M	200x	as long as short
KuCoin KASUSDTM	+0.0100%	4h	0.04360	−0.052%	$4.2M	$6.8M	50x	as long as short
Bitget KASUSDT	+0.0100%	4h	0.04352	−0.229%	$12.0M	$2.9M	50x	as long as short
BingX KAS-USDT	+0.0100%	4h	0.04355	−0.160%	—	$69.3M	—	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	0.04376	+0.321%	$26K	$21K	—	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0144% / S −0.1266%	1h	0.04366	+0.085%	$11K	—	100x	as long as short
Injective KAS/USDC PERP	+0.0329%	1h	0.04361	−0.023%	$45	$154K	5.5x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04374	+0.275%	$381K	$202K	75x	as long as short
Hyperliquid KAS	+0.0464%	1h	0.04367	+0.103%	$2.9M	$923K	3x	as long as short