Funding you earn now, next payment 00:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%
Price spread now: Binance against BloFin+0.252%71s7-day average −0.018% · 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—prices read too far apart to compare
costs, in and out, $10k−$650.655% of the position
Funding, last 7 days−0.304%−$30 on $10k
+Price spread, last 3 days (all we have)−0.506%−$51 · spread now +0.252%, 7d avg −0.018%
=The price spread pays, funding is against you. Binance is 0.269% dearer against BloFin than usual: you sell high and buy low (spread +0.252% now, against its 7-day average of −0.018%): +$27 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 3.7 days. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin KAS-USDT | 0.04369 | 0.0340 | pay 0.0170% / 4h | 1h 16m | $379K | $219K | 75x |
| Short | Binance KASUSDT | 0.04380 | 0.0100 | get 0.0050% / 4h | 1h 16m | $4.0M | $11.2M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$50.4
- Price spread: +0.252% → −0.018%
- $26.94
- Slippage, 4 orders
- −$43.46
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$88.93
- Costs to cover
- 0.655%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 64 min ago; Binance: live order book, 9 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 BloFin live order book, 64 min ago | 1.14 bp | 18.5 bp −$18 | 62.7 bp −$627 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 2.29 bp | 16.7 bp −$17 | 60.8 bp −$608 | 500.6 bp −$50.1K | 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 | 0.04374 | +0.114% | $11K | — | 150x | as long as short |
| Kraken Futures PF_KASUSD | +0.0089% | 1h | 0.04377 | +0.172% | $296K | $448K | 20x | as long as short |
| Aster KASUSDT | +0.0100% | 4h | 0.04371 | +0.037% | $256K | $201K | 20x | as long as short |
| Binance KASUSDTshort | +0.0100% | 4h | 0.04380 | +0.252% | $4.0M | $11.2M | 75x | |
| Bybit KASUSDT | +0.0100% | 4h | 0.04375 | +0.137% | $10.8M | $7.2M | 50x | as long as short |
| Gate KAS_USDT | +0.0100% | 8h | 0.04373 | +0.092% | $2.2M | $1.6M | 75x | as long as short |
| MEXC KAS_USDT | +0.0100% | 4h | 0.04377 | +0.183% | $28.0M | $4.5M | 200x | as long as short |
| KuCoin KASUSDTM | +0.0100% | 4h | 0.04376 | +0.153% | $4.2M | $6.8M | 50x | as long as short |
| Bitget KASUSDT | +0.0100% | 4h | 0.04373 | +0.092% | $12.0M | $3.0M | 50x | as long as short |
| BingX KAS-USDT | +0.0100% | 4h | 0.04371 | +0.046% | — | $69.5M | — | 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 | 0.04371 | +0.056% | $26K | $21K | — | as long as short |
| GMX KAS/USD [WBTC.b-USDC] | L +0.0175% / S −0.2200% | 1h | 0.04374 | +0.110% | $11K | — | 100x | as long as short |
| Injective KAS/USDC PERP | +0.0329% | 1h | 0.04361 | −0.183% | $45 | $154K | 5.5x | as long as short |
| BloFin KAS-USDTlong | +0.0340% | 4h | 0.04369 | long leg | $379K | $219K | 75x | |
| Hyperliquid KAS | +0.0608% | 1h | 0.04386 | +0.394% | $2.9M | $993K | 3x | as long as short |
BloFin KAS-USDT
Binance KASUSDT
gTrade (Gains Network) KAS/USD
Kraken Futures PF_KASUSD
Aster KASUSDT
Bybit KASUSDT
Gate KAS_USDT
MEXC KAS_USDT
KuCoin KASUSDTM
Bitget KASUSDT
BingX KAS-USDT
Variational Omni KAS
GMX KAS/USD [WBTC.b-USDC]
Injective KAS/USDC PERP
Hyperliquid KAS