Funding arb · Price arb /

KAS

all KAS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against Bybit+0.153%7-day average +0.083% · you sell dearer than you buy

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$710.707% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.025%+$3 on $10k

Price spread, last 7 days−0.114%−$11 · spread now +0.153%, 7d avg +0.083%

Together, before fees−0.089%−$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: Binance is 0.070% dearer against Bybit than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.083%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit KASUSDT	0.04267	0.0100	pay 0.0050% / 4h	42m 25s	$10.6M	$7.7M	50x
Short	Binance KASUSDT	0.04274	0.0100	get 0.0050% / 4h	42m 25s	$4.1M	$12.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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 BybitbpFee BinancebpOrdersPrice spread, now +0.153%Rate

Funding earned: $0
Price spread: +0.153% → +0.083%: $6.98
Slippage, 4 orders: −$49.7
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$63.72
Costs to cover: 0.707%
Break-even: never at this rate

Slippage from Bybit: live order book, 6 min ago; Binance: live order book, 13 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 Bybit live order book, 6 min ago	4.69 bp	13.5 bp −$14	47.7 bp −$477	doesn't fit	doesn't fit
Sell Binance live order book, 13 min ago	2.33 bp	16.6 bp −$17	59.5 bp −$595	566.2 bp −$56.6K	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 −0.0001%	1h	0.04268	+0.021%	$4K	—	150x	as long as short
Injective KAS/USDC PERP	+0.0033%	1h	0.04361	+2.203%	$45	$154K	5.5x	as long as short
Aster KASUSDT	+0.0100%	4h	0.04276	+0.216%	$251K	$167K	20x	as long as short
Binance KASUSDTshort	+0.0100%	4h	0.04274	+0.153%	$4.1M	$12.7M	75x
Bybit KASUSDTlong	+0.0100%	4h	0.04267	long leg	$10.6M	$7.7M	50x
Gate KAS_USDT	+0.0100%	8h	0.04267	0.000%	$2.1M	$1.8M	75x	as long as short
MEXC KAS_USDT	+0.0100%	4h	0.04272	+0.117%	$28.5M	$4.8M	200x	as long as short
KuCoin KASUSDTM	+0.0100%	4h	0.04274	+0.169%	$4.3M	$7.3M	50x	as long as short
Bitget KASUSDT	+0.0100%	4h	0.04265	−0.047%	$11.7M	$3.1M	50x	as long as short
BingX KAS-USDT	+0.0100%	4h	0.04270	+0.070%	—	$67.7M	—	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	+0.110%	$25K	$20K	—	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0282% / S −0.5451%	1h	0.04269	+0.037%	$11K	—	100x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04274	+0.164%	$377K	$292K	75x	as long as short
Hyperliquid KAS	+0.0637%	1h	0.04279	+0.277%	$2.7M	$1.1M	3x	as long as short
Kraken Futures PF_KASUSD	+0.1208%	1h	0.04272	+0.127%	$305K	$504K	20x	as long as short