Funding you earn now, next payment 23:00 UTC−0.0229%/8h= −25.1% APRpaid last 24h +0.012%
Price spread now: Gate against Injective−0.206%54s7-day average +1.979% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.037%+$4 on $10k
+Price spread, last 3 days (all we have)+3.604%+$360 · spread now −0.206%, 7d avg +1.979%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Gate is 2.185% cheaper against Injective than usual: you would sell low and buy high (−$219 if the spread goes back to its 7-day average of +1.979%). Swap the legs. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.037% in total (about 1.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective KAS/USDC PERP | 0.04361 | 0.0329 | pay 0.0041% / 1h | 30m 11s | $45 | $154K | 5.5x |
| Short | Gate KAS_USDT | 0.04352 | 0.0100 | get 0.0100% / 8h | 1h 30m | $2.2M | $1.6M | 75x |
Injective KAS/USDC PERP
Gate KAS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Injective. 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
- −$48.09
- Price spread: −0.206% → +1.979%
- −$218.52
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$281.62
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Gate: live order book, 3 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 3 min ago | 3.44 bp | 23.0 bp −$23 | 118.9 bp −$1,189 | doesn't fit | doesn't fit |
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 −0.0017% | 1h | 0.04355 | −0.131% | $11K | — | 150x | as long as short |
| Kraken Futures PF_KASUSD | +0.0090% | 1h | 0.04351 | −0.219% | $292K | $440K | 20x | as long as short |
| Aster KASUSDT | +0.0100% | 4h | 0.04365 | +0.086% | $256K | $199K | 20x | as long as short |
| Binance KASUSDT | +0.0100% | 4h | 0.04354 | −0.161% | $4.0M | $11.2M | 75x | as long as short |
| Bybit KASUSDT | +0.0100% | 4h | 0.04350 | −0.252% | $10.8M | $7.2M | 50x | as long as short |
| Gate KAS_USDTshort | +0.0100% | 8h | 0.04352 | −0.206% | $2.2M | $1.6M | 75x | |
| MEXC KAS_USDT | +0.0100% | 4h | 0.04352 | −0.206% | $27.9M | $4.5M | 200x | as long as short |
| KuCoin KASUSDTM | +0.0100% | 4h | 0.04354 | −0.151% | $4.2M | $6.8M | 50x | as long as short |
| Bitget KASUSDT | +0.0100% | 4h | 0.04349 | −0.275% | $11.9M | $2.9M | 50x | as long as short |
| BingX KAS-USDT | +0.0100% | 4h | 0.04350 | −0.252% | — | $69.5M | — | as long as short |
gTrade (Gains Network) KAS/USD
Kraken Futures PF_KASUSD
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 | 0.04361 | −0.001% | $26K | $21K | — | as long as short |
| GMX KAS/USD [WBTC.b-USDC] | L +0.0155% / S −0.1605% | 1h | 0.04355 | −0.133% | $11K | — | 100x | as long as short |
| Injective KAS/USDC PERPlong | +0.0329% | 1h | 0.04361 | long leg | $45 | $154K | 5.5x | |
| BloFin KAS-USDT | +0.0340% | 4h | 0.04366 | +0.115% | $382K | $219K | 75x | as long as short |
| Hyperliquid KAS | +0.0519% | 1h | 0.04365 | +0.103% | $2.8M | $923K | 3x | as long as short |
Variational Omni KAS
GMX KAS/USD [WBTC.b-USDC]
BloFin KAS-USDT
Hyperliquid KAS