Spread before costs (cost unknown: a leg has no order-book sample)+0.197%
7d average—if it closes, per $10,000$20funding while held, a day+$9.66
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX KAS/USD [WBTC.b-USDC] | 0.04273 | L −0.0222% / S +0.0214% | get 0.0028% / 1h | 38m 09s | $9K | — | 100x |
| Short | Hyperliquid KAS | 0.04282 | 0.0100 | get 0.0013% / 1h | 38m 09s | $2.7M | $823K | 3x |
GMX KAS/USD [WBTC.b-USDC]
Hyperliquid KASPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $19.66
- Funding while held
- $9.66
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $8.32
- Spread needed to break even
- 0.210%
Slippage unknown: GMX: no order-book sample; Hyperliquid: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0322%
- Per $10,000 a day
- +$9.66
- Average in range /8h
- —
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 GMX no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 4 min ago | 4.87 bp | 25.3 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
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 price on every exchange
against the cheapest. Click to use as the short leg.Bybit0.04266cheapestBitget0.04267+0.023%BingX0.04268+0.047%Gate0.04271+0.117%gTrade (Gains Network)0.04272+0.149%Binance0.04273+0.164%KuCoin0.04273+0.164%
Bybit
Bitget
BingX
Gate
gTrade (Gains Network)
Binance
KuCoinGMX0.04273+0.169%
MEXC0.04274+0.188%Injective0.04275+0.211%Kraken Futures0.04277+0.255%BloFin0.04277+0.258%Aster0.04278+0.270%
MEXC
Injective
Kraken Futures
BloFin
AsterHyperliquid0.04282+0.366%
Variational Omni0.04292+0.602%
Variational OmniKAS on 15 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit KASUSDT | −0.168% | +0.0100% | 4h | $10.4M | $5.8M | 50x | as long as short |
| Bitget KASUSDT | −0.145% | +0.0100% | 4h | $11.8M | $2.4M | 50x | as long as short |
| BingX KAS-USDT | −0.122% | +0.0100% | 4h | — | $67.7M | — | as long as short |
| Gate KAS_USDT | −0.051% | −0.0045% | 8h | $2.1M | $1.4M | 75x | as long as short |
| gTrade (Gains Network) KAS/USD | −0.019% | L +0.0010% / S −0.0009% | 1h | $13K | — | 150x | as long as short |
| Binance KASUSDT | −0.005% | +0.0100% | 4h | $3.9M | $9.2M | 75x | as long as short |
| KuCoin KASUSDTM | −0.005% | +0.0100% | 4h | $4.0M | $6.8M | 50x | as long as short |
| GMX KAS/USD [WBTC.b-USDC]long | 0.000% | L −0.0222% / S +0.0214% | 1h | $9K | — | 100x | |
| MEXC KAS_USDT | +0.019% | +0.0100% | 4h | $25.4M | $3.2M | 200x | as long as short |
| Injective KAS/USDC PERP | +0.042% | +0.0033% | 1h | $44 | $11 | 5.5x | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_KASUSD | +0.087% | −0.1376% | 1h | $279K | $382K | 20x | as long as short |
| BloFin KAS-USDT | +0.089% | +0.0340% | 4h | $388K | $190K | 75x | as long as short |
| Aster KASUSDT | +0.101% | +0.0104% | 4h | $257K | $168K | 20x | as long as short |
| Hyperliquid KASshort | +0.197% | +0.0100% | 1h | $2.7M | $823K | 3x | |
| Variational Omni KAS | +0.433% | −0.0132% | 4h | $25K | $14K | — | as long as short |