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% APRpaid last 24h −0.011%

Price spread now: Gate against Binance−0.139%7-day average −0.080% · you buy dearer than you sell

Net, funding: paid 7d − costs−$94as in the Funding arb table

Net, price: spread back to 7d avg − costs−$92as in the Price arb table

costs, in and out, $10k−$860.861% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.078%−$8 on $10k

Price spread, last 7 days+0.086%+$9 · spread now −0.139%, 7d avg −0.080%

Together, before fees+0.008%+$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: Gate is 0.059% cheaper against Binance than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.080%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance KASUSDT	0.04322	0.0100	pay 0.0050% / 4h	3h 58m	$4.0M	$11.4M	75x
Short	Gate KAS_USDT	0.04316	0.0100	get 0.0100% / 8h	7h 58m	$2.1M	$1.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.139%Rate

Funding earned: $0
Price spread: −0.139% → −0.080%: −$5.89
Slippage, 4 orders: −$61.07
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$91.96
Costs to cover: 0.861%
Break-even: never at this rate

Slippage from Binance: live order book, 12 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 Binance live order book, 12 min ago	1.15 bp	14.5 bp −$15	63.6 bp −$636	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	4.63 bp	28.6 bp −$29	133.9 bp −$1,339	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	0.04320	−0.040%	$4K	—	150x	as long as short
Injective KAS/USDC PERP	+0.0033%	1h	0.04361	+0.902%	$45	$154K	5.5x	as long as short
Aster KASUSDT	+0.0100%	4h	0.04324	+0.056%	$255K	$168K	20x	as long as short
Binance KASUSDTlong	+0.0100%	4h	0.04322	long leg	$4.0M	$11.4M	75x
Bybit KASUSDT	+0.0100%	4h	0.04319	−0.069%	$10.7M	$7.1M	50x	as long as short
Gate KAS_USDTshort	+0.0100%	8h	0.04316	−0.139%	$2.1M	$1.6M	75x
MEXC KAS_USDT	+0.0100%	4h	0.04322	0.000%	$28.0M	$4.5M	200x	as long as short
KuCoin KASUSDTM	+0.0100%	4h	0.04324	+0.039%	$4.3M	$6.8M	50x	as long as short
Bitget KASUSDT	+0.0100%	4h	0.04319	−0.069%	$11.9M	$3.0M	50x	as long as short
BingX KAS-USDT	+0.0100%	4h	0.04319	−0.069%	—	$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	−0.013%	$26K	$21K	—	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0289% / S −0.5848%	1h	0.04320	−0.051%	$12K	—	100x	as long as short
Hyperliquid KAS	+0.0321%	1h	0.04329	+0.157%	$2.8M	$1.0M	3x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04329	+0.162%	$372K	$204K	75x	as long as short
Kraken Futures PF_KASUSD	+0.0408%	1h	0.04323	+0.025%	$303K	$460K	20x	as long as short