Settings8H · net · $10k
Funding arb · Price arb /

KAS

all KAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0015%/8h= +1.6% APRpaid last 24h +0.144%
Price spread now: Kraken Futures against Aster+0.317%7-day average +0.113% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1641.644% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+1.621%+$162 on $10k
Price spread, last 3 days (all we have)+0.074%+$7 · spread now +0.317%, 7d avg +0.113%
Together, before fees+1.694%+ Points / potential airdropAster: Stage 5 · farm board+$169 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Kraken Futures is 0.203% dearer against Aster than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.113%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster KASUSDT0.043300.0100pay 0.0050% / 4h1h 57m$254K$168K20x
ShortKraken Futures PF_KASUSD0.043430.0115get 0.0014% / 1h57m 27s$308K$493K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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

Funding earned
$3.1
Price spread: +0.317% → +0.113%
$20.32
Slippage, 4 orders
−$146.41
Fee Aster: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$141
Costs to cover
1.644%
Break-even
325.7 days
Slippage from Aster: live order book, 4 min ago; Kraken Futures: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 4 min ago16.08 bp49.8 bp −$50doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures live order book, 5 min ago8.05 bp44.4 bp −$44179.0 bp −$1,790doesn't fitdoesn't fit

KAS on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) KAS/USDL +0.0010% / S −0.0001%1h0.04337+0.182%$4K150xas long as short
Injective KAS/USDC PERP+0.0033%1h0.04361+0.725%$45$154K5.5xas long as short
Aster KASUSDTlong+0.0100%4h0.04330long leg$254K$168K20x
Binance KASUSDT+0.0100%4h0.04324−0.129%$4.1M$12.3M75xas long as short
Bybit KASUSDT+0.0100%4h0.04317−0.291%$10.7M$7.5M50xas long as short
Gate KAS_USDT+0.0100%8h0.04322−0.176%$2.1M$1.7M75xas long as short
MEXC KAS_USDT+0.0100%4h0.04332+0.055%$28.8M$4.6M200xas long as short
KuCoin KASUSDTM+0.0100%4h0.04325−0.106%$4.3M$7.0M50xas long as short
Bitget KASUSDT+0.0100%4h0.04323−0.153%$11.9M$3.1M50xas long as short
BingX KAS-USDT+0.0100%4h0.04319−0.245%$67.9Mas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni KAS+0.0100%4h0.04343+0.303%$26K$20Kas long as short
Kraken Futures PF_KASUSDshort+0.0115%1h0.04343+0.317%$308K$493K20x
GMX KAS/USD [WBTC.b-USDC]L +0.0291% / S −0.5848%1h0.04337+0.175%$12K100xas long as short
Hyperliquid KAS+0.0368%1h0.04331+0.025%$2.8M$1.1M3xas long as short