Funding arb · Price arb /

KAS

all KAS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Binance−0.125%7-day average −0.045% · you buy dearer than you sell

Net, funding: paid 7d − costs−$77as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$720.722% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.044%−$4 on $10k

Price spread, last 7 days+0.087%+$9 · spread now −0.125%, 7d avg −0.045%

Together, before fees+0.043%+$4 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 0.080% cheaper against Binance than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.045%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance KASUSDT	0.04329	0.0100	pay 0.0050% / 4h	1m 08s	$4.0M	$11.4M	75x
Short	Bitget KASUSDT	0.04324	0.0100	get 0.0050% / 4h	1m 08s	$11.9M	$3.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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 BinancebpFee BitgetbpOrdersPrice spread, now −0.125%Rate

Funding earned: $0
Price spread: −0.125% → −0.045%: −$8.03
Slippage, 4 orders: −$50.21
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$80.24
Costs to cover: 0.722%
Break-even: never at this rate

Slippage from Binance: live order book, 9 min ago; Bitget: live order book, 7 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 Binance live order book, 9 min ago	1.15 bp	14.5 bp −$15	63.6 bp −$636	doesn't fit	doesn't fit
Sell Bitget live order book, 7 min ago	3.46 bp	23.8 bp −$24	58.2 bp −$582	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	0.04323	−0.142%	$4K	—	150x	as long as short
Injective KAS/USDC PERP	+0.0033%	1h	0.04361	+0.730%	$45	$154K	5.5x	as long as short
Aster KASUSDT	+0.0100%	4h	0.04323	−0.148%	$255K	$168K	20x	as long as short
Binance KASUSDTlong	+0.0100%	4h	0.04329	long leg	$4.0M	$11.4M	75x
Bybit KASUSDT	+0.0100%	4h	0.04325	−0.102%	$10.7M	$7.1M	50x	as long as short
Gate KAS_USDT	+0.0100%	8h	0.04322	−0.171%	$2.1M	$1.7M	75x	as long as short
MEXC KAS_USDT	+0.0100%	4h	0.04327	−0.056%	$28.1M	$4.5M	200x	as long as short
KuCoin KASUSDTM	+0.0100%	4h	0.04327	−0.053%	$4.3M	$6.8M	50x	as long as short
Bitget KASUSDTshort	+0.0100%	4h	0.04324	−0.125%	$11.9M	$3.0M	50x
BingX KAS-USDT	+0.0100%	4h	0.04329	−0.009%	—	$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	0.04321	−0.185%	$26K	$21K	—	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0287% / S −0.5794%	1h	0.04322	−0.169%	$12K	—	100x	as long as short
Kraken Futures PF_KASUSD	+0.0316%	1h	0.04326	−0.082%	$303K	$460K	20x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04327	−0.056%	$371K	$204K	75x	as long as short
Hyperliquid KAS	+0.0934%	1h	0.04335	+0.136%	$2.8M	$1.0M	3x	as long as short