Funding arb · Price arb /

KAS

all KAS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC−0.0240%/8hnext payment −$1.20 per $10,000 · paid last 24h −0.072%

Price spread now: KuCoin against BloFin−0.240%7-day average −0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs−$153as in the Funding arb table

Net, price: spread back to 7d avg − costs−$143as in the Price arb table

costs, in and out, $10k−$1221.217% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.318%−$32 on $10k

Price spread, last 3 days (all we have)+0.110%+$11 · spread now −0.240%, 7d avg −0.027%

Together, before fees−0.208%−$21 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and KuCoin is 0.213% cheaper against BloFin than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.027%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin KAS-USDT	0.04409	0.0340	pay 0.0170% / 4h	4m 32s	$395K	$204K	75x
Short	KuCoin KASUSDTM	0.04398	0.0100	get 0.0050% / 4h	4m 32s	$4.2M	$6.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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 BloFinbpFee KuCoinbpOrdersPrice spread, now −0.240%Rate

Funding earned: −$50.4
Price spread: −0.240% → −0.027%: −$21.29
Slippage, 4 orders: −$97.7
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$193.39
Costs to cover: 1.217%
Break-even: never at this rate

Slippage from BloFin: live order book, 25 min ago; KuCoin: 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 BloFin live order book, 25 min ago	1.15 bp	17.2 bp −$17	52.3 bp −$523	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	10.15 bp	46.4 bp −$46	164.5 bp −$1,645	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	−0.0290%	1h	0.04404	−0.110%	$289K	$415K	20x	as long as short
gTrade (Gains Network) KAS/USD	L +0.0010% / S −0.0009%	1h	0.04383	−0.594%	$14K	—	150x	as long as short
Binance KASUSDT	+0.0100%	4h	0.04403	−0.136%	$4.1M	$9.9M	75x	as long as short
Bybit KASUSDT	+0.0100%	4h	0.04396	−0.295%	$10.8M	$6.3M	50x	as long as short
Gate KAS_USDT	+0.0100%	8h	0.04395	−0.318%	$2.2M	$1.5M	75x	as long as short
MEXC KAS_USDT	+0.0100%	4h	0.04405	−0.091%	$27.2M	$3.6M	200x	as long as short
KuCoin KASUSDTMshort	+0.0100%	4h	0.04398	−0.240%	$4.2M	$6.7M	50x
Bitget KASUSDT	+0.0100%	4h	0.04396	−0.295%	$12.1M	$2.6M	50x	as long as short
BingX KAS-USDT	+0.0100%	4h	0.04397	−0.272%	—	$69.3M	—	as long as short
Variational Omni KAS	+0.0100%	4h	0.04379	−0.681%	$28K	$17K	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster KASUSDT	+0.0110%	4h	0.04401	−0.183%	$263K	$190K	20x	as long as short
Injective KAS/USDC PERP	+0.0121%	1h	0.04272	−3.107%	$44	$61K	5.5x	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0157% / S +0.0160%	1h	0.04381	−0.640%	$17K	—	100x	as long as short
BloFin KAS-USDTlong	+0.0340%	4h	0.04409	long leg	$395K	$204K	75x
Hyperliquid KAS	+0.0363%	1h	0.04411	+0.050%	$2.9M	$855K	3x	as long as short