Funding arb · Price arb /

KAS

all KAS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.5351%/8h= +586.0% APRpaid last 24h +0.263%

Price spread now: GMX against Gate−0.009%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Gate Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$161 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate KAS_USDT	0.04269	0.0100	pay 0.0100% / 8h	4h 42m	$2.1M	$1.8M	75x
Short	GMX KAS/USD [WBTC.b-USDC]	0.04269	L +0.0282% / S −0.5451%	get 0.0681% / 1h	42m 48s	$11K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now −0.009%Rate

Funding earned: $1,123.75
Price spread: −0.009% → 0.000%: −$0.94
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee GMX: 6 bp × 2 orders: −$12
Net: $1,095.81
Costs to cover: 0.270%
Break-even: 0.2 days

Slippage unknown: Gate: live order book, 5 min ago; GMX: no order-book sample. Net counts fees only.

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, 5 min ago	3.52 bp	27.3 bp −$27	490.7 bp −$4,907	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	0.04270	+0.032%	$4K	—	150x	as long as short
Injective KAS/USDC PERP	+0.0033%	1h	0.04361	+2.155%	$45	$154K	5.5x	as long as short
Aster KASUSDT	+0.0100%	4h	0.04277	+0.194%	$251K	$167K	20x	as long as short
Binance KASUSDT	+0.0100%	4h	0.04274	+0.119%	$4.1M	$12.7M	75x	as long as short
Bybit KASUSDT	+0.0100%	4h	0.04268	−0.023%	$10.6M	$7.7M	50x	as long as short
Gate KAS_USDTlong	+0.0100%	8h	0.04269	long leg	$2.1M	$1.8M	75x
MEXC KAS_USDT	+0.0100%	4h	0.04275	+0.141%	$28.5M	$4.8M	200x	as long as short
KuCoin KASUSDTM	+0.0100%	4h	0.04275	+0.143%	$4.3M	$7.3M	50x	as long as short
Bitget KASUSDT	+0.0100%	4h	0.04269	0.000%	$11.7M	$3.1M	50x	as long as short
BingX KAS-USDT	+0.0100%	4h	0.04269	0.000%	—	$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	+0.063%	$25K	$20K	—	as long as short
GMX KAS/USD [WBTC.b-USDC]short	L +0.0282% / S −0.5451%	1h	0.04269	−0.009%	$11K	—	100x
BloFin KAS-USDT	+0.0340%	4h	0.04274	+0.117%	$377K	$292K	75x	as long as short
Hyperliquid KAS	+0.0644%	1h	0.04279	+0.230%	$2.7M	$1.1M	3x	as long as short
Kraken Futures PF_KASUSD	+0.1208%	1h	0.04272	+0.080%	$305K	$504K	20x	as long as short