Funding arb · Price arb /

KAS

all KAS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%

Price spread now: Gate against Bybit+0.023%7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$95as in the Funding arb table

Net, price: spread back to 7d avg − costs−$90as in the Price arb table

costs, in and out, $10k−$930.926% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.026%−$3 on $10k

Price spread, last 7 days−0.033%−$3 · spread now +0.023%, 7d avg +0.001%

Together, before fees−0.059%−$6 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: Gate is 0.022% dearer against Bybit than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit KASUSDT	0.04319	0.0100	pay 0.0050% / 4h	3h 00m	$10.8M	$7.8M	50x
Short	Gate KAS_USDT	0.04320	0.0100	get 0.0100% / 8h	3h 00m	$2.1M	$1.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.023%Rate

Funding earned: $0
Price spread: +0.023% → +0.001%: $2.21
Slippage, 4 orders: −$66.55
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$90.35
Costs to cover: 0.926%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; Gate: live order book, 2 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, 3 min ago	4.63 bp	18.4 bp −$18	59.1 bp −$591	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	4.63 bp	27.2 bp −$27	135.2 bp −$1,352	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 −0.0001%	1h	0.04323	+0.091%	$4K	—	150x	as long as short
Injective KAS/USDC PERP	+0.0033%	1h	0.04361	+0.972%	$45	$154K	5.5x	as long as short
Aster KASUSDT	+0.0100%	4h	0.04325	+0.135%	$254K	$146K	20x	as long as short
Binance KASUSDT	+0.0100%	4h	0.04321	+0.048%	$4.1M	$12.8M	75x	as long as short
Bybit KASUSDTlong	+0.0100%	4h	0.04319	long leg	$10.8M	$7.8M	50x
Gate KAS_USDTshort	+0.0100%	8h	0.04320	+0.023%	$2.1M	$1.8M	75x
MEXC KAS_USDT	+0.0100%	4h	0.04324	+0.116%	$29.1M	$4.9M	200x	as long as short
KuCoin KASUSDTM	+0.0100%	4h	0.04323	+0.097%	$4.3M	$7.4M	50x	as long as short
Bitget KASUSDT	+0.0100%	4h	0.04321	+0.046%	$11.9M	$3.2M	50x	as long as short
BingX KAS-USDT	+0.0100%	4h	0.04324	+0.116%	—	$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	0.04321	+0.040%	$23K	$24K	—	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0283% / S −0.1996%	1h	0.04322	+0.065%	$11K	—	100x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04325	+0.139%	$374K	$295K	75x	as long as short
Hyperliquid KAS	+0.0529%	1h	0.04330	+0.262%	$2.8M	$1.1M	3x	as long as short
Kraken Futures PF_KASUSD	+0.0591%	1h	0.04325	+0.146%	$304K	$513K	20x	as long as short