Funding arb · Price arb /

KAS

all KAS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against BingX+0.023%7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$75as in the Funding arb table

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$700.703% of the position

Long on BingX 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−0.042%−$4 · spread now +0.023%, 7d avg −0.002%

Together, before fees−0.086%−$9 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 0.025% dearer against BingX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX KAS-USDT	0.04323	0.0100	pay 0.0050% / 4h	14m 49s	—	$69.3M	—
Short	Bitget KASUSDT	0.04324	0.0100	get 0.0050% / 4h	14m 49s	$11.9M	$2.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.023%Rate

Funding earned: $0
Price spread: +0.023% → −0.002%: $2.55
Slippage, 4 orders: −$48.28
Fee BingX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$67.74
Costs to cover: 0.703%
Break-even: never at this rate

Slippage from BingX: live order book, 18 min ago; Bitget: live order book, 3 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, 18 min ago	1.15 bp	26.2 bp −$26	55.0 bp −$550	340.4 bp −$34.0K	512.0 bp −$256.0K
Sell Bitget live order book, 3 min ago	1.16 bp	12.7 bp −$13	55.0 bp −$550	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
Kraken Futures PF_KASUSD	−0.0296%	1h	0.04324	+0.024%	$278K	$407K	20x	as long as short
gTrade (Gains Network) KAS/USD	L +0.0010% / S −0.0009%	1h	0.04324	+0.022%	$14K	—	150x	as long as short
Aster KASUSDT	+0.0100%	4h	0.04329	+0.137%	$258K	$190K	20x	as long as short
Binance KASUSDT	+0.0100%	4h	0.04327	+0.098%	$4.0M	$9.6M	75x	as long as short
Bybit KASUSDT	+0.0100%	4h	0.04322	−0.023%	$10.6M	$6.0M	50x	as long as short
Gate KAS_USDT	+0.0100%	8h	0.04321	−0.046%	$2.1M	$1.4M	75x	as long as short
MEXC KAS_USDT	+0.0100%	4h	0.04331	+0.185%	$26.6M	$3.5M	200x	as long as short
KuCoin KASUSDTM	+0.0100%	4h	0.04323	0.000%	$4.1M	$6.7M	50x	as long as short
Bitget KASUSDTshort	+0.0100%	4h	0.04324	+0.023%	$11.9M	$2.6M	50x
BingX KAS-USDTlong	+0.0100%	4h	0.04323	long leg	—	$69.3M	—

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni KAS	+0.0100%	4h	0.04326	+0.062%	$28K	$17K	—	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0107% / S +0.0169%	1h	0.04324	+0.035%	$21K	—	100x	as long as short
Injective KAS/USDC PERP	+0.0121%	1h	0.04272	−1.180%	$44	$61K	5.5x	as long as short
Hyperliquid KAS	+0.0310%	1h	0.04338	+0.338%	$2.8M	$856K	3x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04335	+0.278%	$391K	$198K	75x	as long as short