Funding arb · Price arb /

KAS

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Bitget+0.289%7-day average +0.056% · you sell dearer than you buy

Net, funding: paid 7d − costs−$96as in the Funding arb table

Net, price: spread back to 7d avg − costs−$74as in the Price arb table

costs, in and out, $10k−$980.976% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.018%+$2 on $10k

Price spread, last 7 days−0.172%−$17 · spread now +0.289%, 7d avg +0.056%

Together, before fees−0.155%−$15 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: KuCoin is 0.233% dearer against Bitget than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of +0.056%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget KASUSDT	0.04259	0.0100	pay 0.0050% / 4h	3h 32m	$11.7M	$3.0M	50x
Short	KuCoin KASUSDTM	0.04271	0.0100	get 0.0050% / 4h	3h 32m	$4.4M	$7.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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 BitgetbpFee KuCoinbpOrdersPrice spread, now +0.289%Rate

Funding earned: $0
Price spread: +0.289% → +0.056%: $23.27
Slippage, 4 orders: −$73.63
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$74.36
Costs to cover: 0.976%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; KuCoin: live order book, 6 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 Bitget live order book, 1 min ago	2.34 bp	14.4 bp −$14	68.6 bp −$686	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	3.16 bp	28.2 bp −$28	154.0 bp −$1,540	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 −0.0008%	1h	0.04264	+0.116%	$14K	—	150x	as long as short
Injective KAS/USDC PERP	+0.0033%	1h	0.04361	+2.395%	$45	$154K	5.5x	as long as short
Aster KASUSDT	+0.0100%	4h	0.04265	+0.146%	$250K	$131K	20x	as long as short
Binance KASUSDT	+0.0100%	4h	0.04264	+0.116%	$3.9M	$13.1M	75x	as long as short
Bybit KASUSDT	+0.0100%	4h	0.04256	−0.070%	$10.8M	$7.9M	50x	as long as short
Gate KAS_USDT	+0.0100%	8h	0.04265	+0.141%	$2.1M	$1.8M	75x	as long as short
MEXC KAS_USDT	+0.0100%	4h	0.04263	+0.094%	$29.3M	$5.3M	200x	as long as short
KuCoin KASUSDTMshort	+0.0100%	4h	0.04271	+0.289%	$4.4M	$7.2M	50x
Bitget KASUSDTlong	+0.0100%	4h	0.04259	long leg	$11.7M	$3.0M	50x
BingX KAS-USDT	+0.0100%	4h	0.04266	+0.164%	—	$53.7M	—	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	0.04272	+0.300%	$23K	$24K	—	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0282% / S −0.1996%	1h	0.04263	+0.087%	$11K	—	100x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04274	+0.352%	$357K	$289K	75x	as long as short
Hyperliquid KAS	+0.0434%	1h	0.04274	+0.352%	$2.7M	$1.1M	3x	as long as short
Kraken Futures PF_KASUSD	+0.0713%	1h	0.04263	+0.087%	$303K	$499K	20x	as long as short