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% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%

Price spread now: Aster against BingX+0.115%7-day average +0.086% · 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−$95as in the Price arb table

costs, in and out, $10k−$980.983% of the position

Long on BingX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.004%$0 on $10k

Price spread, last 4 days (all we have)+0.043%+$4 · spread now +0.115%, 7d avg +0.086%

Together, before fees+0.047%+ Points / potential airdropAster: Stage 5 · farm board+$5 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: Aster is 0.029% dearer against BingX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.086%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX KAS-USDT	0.04352	0.0100	pay 0.0050% / 4h	1h 35m	—	$69.5M	—
Short	Aster KASUSDT	0.04357	0.0100	get 0.0050% / 4h	1h 35m	$255K	$199K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against BingX. 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 BingXbpFee AsterbpOrdersPrice spread, now +0.115%Rate

Funding earned: $0
Price spread: +0.115% → +0.086%: $2.93
Slippage, 4 orders: −$80.29
Fee BingX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$95.36
Costs to cover: 0.983%
Break-even: never at this rate

Slippage from BingX: live order book, 3 min ago; Aster: live order book, 46 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 BingX live order book, 3 min ago	4.59 bp	22.0 bp −$22	50.1 bp −$501	393.9 bp −$39.4K	533.6 bp −$266.8K
Sell Aster live order book, 46 min ago	9.06 bp	26.3 bp −$26	doesn't fit	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	0.04351	−0.027%	$11K	—	150x	as long as short
Kraken Futures PF_KASUSD	+0.0090%	1h	0.04354	+0.045%	$292K	$440K	20x	as long as short
Aster KASUSDTshort	+0.0100%	4h	0.04357	+0.115%	$255K	$199K	20x
Binance KASUSDT	+0.0100%	4h	0.04358	+0.139%	$4.0M	$11.2M	75x	as long as short
Bybit KASUSDT	+0.0100%	4h	0.04352	0.000%	$10.8M	$7.1M	50x	as long as short
Gate KAS_USDT	+0.0100%	8h	0.04351	−0.023%	$2.2M	$1.6M	75x	as long as short
MEXC KAS_USDT	+0.0100%	4h	0.04354	+0.046%	$27.9M	$4.5M	200x	as long as short
KuCoin KASUSDTM	+0.0100%	4h	0.04352	+0.005%	$4.2M	$6.8M	50x	as long as short
Bitget KASUSDT	+0.0100%	4h	0.04350	−0.046%	$12.0M	$2.9M	50x	as long as short
BingX KAS-USDTlong	+0.0100%	4h	0.04352	long leg	—	$69.5M	—

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	+0.551%	$26K	$21K	—	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0147% / S −0.1347%	1h	0.04351	−0.032%	$11K	—	100x	as long as short
Injective KAS/USDC PERP	+0.0329%	1h	0.04361	+0.207%	$45	$154K	5.5x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04361	+0.207%	$381K	$201K	75x	as long as short
Hyperliquid KAS	+0.0467%	1h	0.04360	+0.188%	$2.8M	$923K	3x	as long as short