Funding you earn now, next payment 23:00 UTC+0.0229%/8h= +25.1% APRpaid last 24h −0.022%
Price spread now: Injective against BingX+0.484%72s7-day average −2.040% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.116%−$12 on $10k
+Price spread, last 3 days (all we have)−3.882%−$388 · spread now +0.484%, 7d avg −2.040%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Injective is 2.524% dearer against BingX than usual: you sell high and buy low: +$252 more if the spread goes back to its 7-day average of −2.040%. Mind the row above: over the last 7 days funding on this pair cost −0.116%, so the current rate has only just turned in your favour. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.116% in total (about -6.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX KAS-USDT | 0.04340 | 0.0100 | pay 0.0050% / 4h | 1h 28m | — | $69.5M | — |
| Short | Injective KAS/USDC PERP | 0.04361 | 0.0329 | get 0.0041% / 1h | 28m 01s | $45 | $154K | 5.5x |
BingX KAS-USDT
Injective KAS/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $48.09
- Price spread: +0.484% → −2.040%
- $252.42
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $290.48
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: BingX: live order book, 11 min ago; Injective: no order-book sample. Net counts fees only.
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, 11 min ago | 4.59 bp | 22.0 bp −$22 | 50.1 bp −$501 | 393.9 bp −$39.4K | 533.6 bp −$266.8K |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.04343 | +0.074% | $11K | — | 150x | as long as short |
| Kraken Futures PF_KASUSD | +0.0090% | 1h | 0.04346 | +0.133% | $293K | $446K | 20x | as long as short |
| Aster KASUSDT | +0.0100% | 4h | 0.04342 | +0.055% | $254K | $201K | 20x | as long as short |
| Binance KASUSDT | +0.0100% | 4h | 0.04350 | +0.219% | $4.0M | $11.2M | 75x | as long as short |
| Bybit KASUSDT | +0.0100% | 4h | 0.04351 | +0.253% | $10.8M | $7.2M | 50x | as long as short |
| Gate KAS_USDT | +0.0100% | 8h | 0.04336 | −0.092% | $2.1M | $1.6M | 75x | as long as short |
| MEXC KAS_USDT | +0.0100% | 4h | 0.04341 | +0.023% | $27.8M | $4.5M | 200x | as long as short |
| KuCoin KASUSDTM | +0.0100% | 4h | 0.04339 | −0.018% | $4.2M | $6.8M | 50x | as long as short |
| Bitget KASUSDT | +0.0100% | 4h | 0.04348 | +0.184% | $12.0M | $3.0M | 50x | as long as short |
| BingX KAS-USDTlong | +0.0100% | 4h | 0.04340 | long leg | — | $69.5M | — |
gTrade (Gains Network) KAS/USD
Kraken Futures PF_KASUSD
Aster KASUSDT
Binance KASUSDT
Bybit KASUSDT
Gate KAS_USDT
MEXC KAS_USDT
KuCoin KASUSDTM
Bitget KASUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni KAS | +0.0100% | 4h | 0.04361 | +0.483% | $26K | $21K | — | as long as short |
| GMX KAS/USD [WBTC.b-USDC] | L +0.0158% / S −0.1686% | 1h | 0.04342 | +0.035% | $11K | — | 100x | as long as short |
| Injective KAS/USDC PERPshort | +0.0329% | 1h | 0.04361 | +0.484% | $45 | $154K | 5.5x | |
| BloFin KAS-USDT | +0.0340% | 4h | 0.04338 | −0.046% | $380K | $217K | 75x | as long as short |
| Hyperliquid KAS | +0.0487% | 1h | 0.04348 | +0.182% | $2.8M | $954K | 3x | as long as short |
Variational Omni KAS
GMX KAS/USD [WBTC.b-USDC]
BloFin KAS-USDT
Hyperliquid KAS