KAS

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.1334%/8h= +146.0% APRnext payment +$1.67 per $10,000 · paid last 24h +0.282%

Price spread now: GMX against Kraken Futures−0.069%7-day average — · you buy dearer than you sell

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

Long on Kraken Futures 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

Funding pays, the price is against you. GMX is 0.069% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.069% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 4 hours of funding at the current rate (+$40 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_KASUSD	0.04299	0.0662	pay 0.0083% / 1h	21m 01s	$307K	$502K	20x
Short	GMX KAS/USD [WBTC.b-USDC]	0.04296	L +0.0282% / S −0.1996%	get 0.0249% / 1h	21m 01s	$11K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Kraken Futures. 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 Kraken FuturesbpFee GMXbpOrdersPrice spread, now −0.069%Rate

Funding earned: $280.08
Price spread: −0.069% → 0.000%: −$6.89
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $251.19
Costs to cover: 0.220%
Break-even: 0.7 days

Slippage unknown: Kraken Futures: live order book, 22 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 Kraken Futures live order book, 22 min ago	8.20 bp	53.3 bp −$53	286.5 bp −$2,865	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	0.04296	−0.062%	$4K	—	150x	as long as short
Injective KAS/USDC PERP	+0.0033%	1h	0.04361	+1.450%	$45	$154K	5.5x	as long as short
Aster KASUSDT	+0.0100%	4h	0.04304	+0.124%	$253K	$130K	20x	as long as short
Binance KASUSDT	+0.0100%	4h	0.04305	+0.149%	$4.1M	$12.6M	75x	as long as short
Bybit KASUSDT	+0.0100%	4h	0.04301	+0.054%	$10.8M	$7.8M	50x	as long as short
Gate KAS_USDT	+0.0100%	8h	0.04294	−0.108%	$2.1M	$1.8M	75x	as long as short
MEXC KAS_USDT	+0.0100%	4h	0.04300	+0.031%	$29.5M	$5.2M	200x	as long as short
KuCoin KASUSDTM	+0.0100%	4h	0.04297	−0.029%	$4.3M	$7.4M	50x	as long as short
Bitget KASUSDT	+0.0100%	4h	0.04302	+0.078%	$11.8M	$3.1M	50x	as long as short
BingX KAS-USDT	+0.0100%	4h	0.04298	−0.015%	—	$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	0.04285	−0.312%	$23K	$24K	—	as long as short
GMX KAS/USD [WBTC.b-USDC]short	L +0.0282% / S −0.1996%	1h	0.04296	−0.069%	$11K	—	100x
BloFin KAS-USDT	+0.0340%	4h	0.04295	−0.085%	$362K	$293K	75x	as long as short
Hyperliquid KAS	+0.0479%	1h	0.04305	+0.154%	$2.8M	$1.0M	3x	as long as short
Kraken Futures PF_KASUSDlong	+0.0662%	1h	0.04299	long leg	$307K	$502K	20x