Funding you earn now, next payment 03:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.018%
Price spread now: Injective against Gate+0.879%99s7-day average −1.869% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.062%−$6 on $10k
+Price spread, last 4 days (all we have)−3.178%−$318 · spread now +0.879%, 7d avg −1.869%
=The price spread pays, funding is against you. Injective is 2.748% dearer against Gate than usual: you sell high and buy low (spread +0.879% now, against its 7-day average of −1.869%): +$275 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5 months. At the pace of the last 7 days (−0.062% in total) that is about 10 months. The two prices were read 99 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate KAS_USDT | 0.04323 | 0.0100 | pay 0.0100% / 8h | 5h 37m | $2.1M | $1.8M | 75x |
| Short | Injective KAS/USDC PERP | 0.04361 | 0.0033 | get 0.0004% / 1h | 37m 41s | $45 | $154K | 5.5x |
Gate KAS_USDT
Injective KAS/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$14
- Price spread: +0.879% → −1.869%
- $274.76
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $245.74
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Gate: live order book, 5 min ago; Injective: 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 | 4.62 bp | 26.6 bp −$27 | 208.1 bp −$2,081 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | 0.04323 | +0.008% | $4K | — | 150x | as long as short |
| Injective KAS/USDC PERPshort | +0.0033% | 1h | 0.04361 | +0.879% | $45 | $154K | 5.5x | |
| Aster KASUSDT | +0.0100% | 4h | 0.04330 | +0.157% | $254K | $167K | 20x | as long as short |
| Binance KASUSDT | +0.0100% | 4h | 0.04328 | +0.121% | $4.1M | $12.4M | 75x | as long as short |
| Bybit KASUSDT | +0.0100% | 4h | 0.04327 | +0.093% | $10.7M | $7.5M | 50x | as long as short |
| Gate KAS_USDTlong | +0.0100% | 8h | 0.04323 | long leg | $2.1M | $1.8M | 75x | |
| MEXC KAS_USDT | +0.0100% | 4h | 0.04328 | +0.116% | $28.9M | $4.7M | 200x | as long as short |
| KuCoin KASUSDTM | +0.0100% | 4h | 0.04329 | +0.143% | $4.2M | $7.1M | 50x | as long as short |
| Bitget KASUSDT | +0.0100% | 4h | 0.04328 | +0.116% | $11.9M | $3.1M | 50x | as long as short |
| BingX KAS-USDT | +0.0100% | 4h | 0.04328 | +0.116% | — | $67.9M | — | as long as short |
gTrade (Gains Network) KAS/USD
Aster KASUSDT
Binance KASUSDT
Bybit KASUSDT
MEXC KAS_USDT
KuCoin KASUSDTM
Bitget KASUSDT
BingX KAS-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni KAS | +0.0100% | 4h | 0.04322 | −0.031% | $26K | $20K | — | as long as short |
| Kraken Futures PF_KASUSD | +0.0115% | 1h | 0.04326 | +0.071% | $307K | $495K | 20x | as long as short |
| GMX KAS/USD [WBTC.b-USDC] | L +0.0291% / S −0.5848% | 1h | 0.04323 | 0.000% | $12K | — | 100x | as long as short |
| BloFin KAS-USDT | +0.0340% | 4h | 0.04328 | +0.116% | $385K | $278K | 75x | as long as short |
| Hyperliquid KAS | +0.0340% | 1h | 0.04333 | +0.238% | $2.8M | $1.1M | 3x | as long as short |
Variational Omni KAS
Kraken Futures PF_KASUSD
GMX KAS/USD [WBTC.b-USDC]
BloFin KAS-USDT
Hyperliquid KAS