Settings8H · net · $10k
Funding arb · Price arb /

KAS

all KAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0926%/8h= +101.4% APRnext payment +$1.16 per $10,000 · paid last 24h +0.165%
Price spread now: Kraken Futures against GMX+0.101%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and Kraken Futures is 0.101% dearer against GMX than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX KAS/USD [WBTC.b-USDC]0.04268L +0.0282% / S −0.5451%pay 0.0035% / 1h39m 52s$11K100x
ShortKraken Futures PF_KASUSD0.042730.1208get 0.0151% / 1h39m 52s$305K$504K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against GMX. 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

Funding earned
$194.52
Price spread: +0.101% → 0.000%
$10.1
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$182.61
Costs to cover
0.220%
Break-even
0.4 days
Slippage unknown: GMX: no order-book sample; Kraken Futures: live order book, 18 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Kraken Futures live order book, 18 min ago3.51 bp42.5 bp −$42157.6 bp −$1,576doesn't fitdoesn'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 on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) KAS/USDL +0.0010% / S −0.0001%1h0.04268−0.011%$4K150xas long as short
Injective KAS/USDC PERP+0.0033%1h0.04361+2.169%$45$154K5.5xas long as short
Aster KASUSDT+0.0100%4h0.04275+0.152%$251K$167K20xas long as short
Binance KASUSDT+0.0100%4h0.04270+0.034%$4.1M$12.7M75xas long as short
Bybit KASUSDT+0.0100%4h0.04264−0.103%$10.6M$7.7M50xas long as short
Gate KAS_USDT+0.0100%8h0.04268−0.009%$2.1M$1.8M75xas long as short
MEXC KAS_USDT+0.0100%4h0.04273+0.108%$28.5M$4.8M200xas long as short
KuCoin KASUSDTM+0.0100%4h0.04272+0.080%$4.3M$7.3M50xas long as short
Bitget KASUSDT+0.0100%4h0.04264−0.103%$11.7M$3.1M50xas long as short
BingX KAS-USDT+0.0100%4h0.04266−0.056%$67.7Mas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni KAS+0.0100%4h0.04268−0.004%$25K$20Kas long as short
GMX KAS/USD [WBTC.b-USDC]longL +0.0282% / S −0.5451%1h0.04268long leg$11K100x
BloFin KAS-USDT+0.0340%4h0.04275+0.155%$377K$292K75xas long as short
Hyperliquid KAS+0.0577%1h0.04275+0.150%$2.7M$1.1M3xas long as short
Kraken Futures PF_KASUSDshort+0.1208%1h0.04273+0.101%$305K$504K20x