Funding arb · Price arb /

KAS

all KAS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%

Price spread now: Binance against Gate+0.170%7-day average +0.083% · you sell dearer than you buy

Net, funding: paid 7d − costs−$85as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$890.885% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.037%+$4 on $10k

Price spread, last 7 days−0.156%−$16 · spread now +0.170%, 7d avg +0.083%

Together, before fees−0.119%−$12 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 0.087% dearer against Gate than usual: you sell high and buy low, +$9 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	Gate KAS_USDT	0.04307	0.0100	pay 0.0100% / 8h	7h 12m	$2.1M	$1.8M	75x
Short	Binance KASUSDT	0.04314	0.0100	get 0.0050% / 4h	3h 12m	$3.9M	$13.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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 GatebpFee BinancebpOrdersPrice spread, now +0.170%Rate

Funding earned: $0
Price spread: +0.170% → +0.083%: $8.71
Slippage, 4 orders: −$63.51
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$79.8
Costs to cover: 0.885%
Break-even: never at this rate

Slippage from Gate: live order book, 1 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 Gate live order book, 1 min ago	5.80 bp	26.8 bp −$27	173.2 bp −$1,732	doesn't fit	doesn't fit
Sell Binance live order book, 13 min ago	1.17 bp	13.8 bp −$14	51.3 bp −$513	333.5 bp −$33.4K	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	0.04309	+0.049%	$14K	—	150x	as long as short
Injective KAS/USDC PERP	+0.0033%	1h	0.04361	+1.254%	$45	$154K	5.5x	as long as short
Aster KASUSDT	+0.0100%	4h	0.04311	+0.086%	$253K	$130K	20x	as long as short
Binance KASUSDTshort	+0.0100%	4h	0.04314	+0.170%	$3.9M	$13.0M	75x
Bybit KASUSDT	+0.0100%	4h	0.04309	+0.046%	$10.9M	$7.8M	50x	as long as short
Gate KAS_USDTlong	+0.0100%	8h	0.04307	long leg	$2.1M	$1.8M	75x
MEXC KAS_USDT	+0.0100%	4h	0.04314	+0.163%	$29.5M	$5.3M	200x	as long as short
KuCoin KASUSDTM	+0.0100%	4h	0.04316	+0.218%	$4.5M	$7.1M	50x	as long as short
Bitget KASUSDT	+0.0100%	4h	0.04313	+0.139%	$11.8M	$3.0M	50x	as long as short
BingX KAS-USDT	+0.0100%	4h	0.04313	+0.139%	—	$53.6M	—	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	0.04307	−0.003%	$23K	$24K	—	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0282% / S −0.1996%	1h	0.04309	+0.053%	$11K	—	100x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04309	+0.046%	$350K	$290K	75x	as long as short
Hyperliquid KAS	+0.0453%	1h	0.04320	+0.311%	$2.8M	$1.1M	3x	as long as short
Kraken Futures PF_KASUSD	+0.0705%	1h	0.04315	+0.179%	$307K	$507K	20x	as long as short