KAS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.1028%/8h= −112.5% APRnext payment −$1.28 per $10,000 · paid last 24h −0.113%

Price spread now: Injective against Kraken Futures+2.041%7-day average −1.911% · you sell dearer than you buy

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

Long on Kraken Futures Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−1.653%−$165 on $10k

Price spread, last 4 days (all we have)−6.404%−$640 · spread now +2.041%, 7d avg −1.911%

Together, before fees−8.057%−$806 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Injective is 3.952% dearer against Kraken Futures than usual: you sell high and buy low (spread +2.041% now, against its 7-day average of −1.911%): +$395 on $10k if it goes back. Holding the pair costs −$31 a day in funding at the current rate, which eats that in about 13 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_KASUSD	0.04274	0.1061	pay 0.0133% / 1h	16m 27s	$304K	$495K	20x
Short	Injective KAS/USDC PERP	0.04361	0.0033	get 0.0004% / 1h	16m 27s	$45	$154K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Kraken Futures. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 InjectivebpOrdersPrice spread, now +2.041%Rate

Funding earned: −$215.85
Price spread: +2.041% → −1.911%: $395.23
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $169.36
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Kraken Futures: live order book, 21 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 Kraken Futures live order book, 21 min ago	7.00 bp	34.7 bp −$35	300.4 bp −$3,004	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 −0.0008%	1h	0.04267	−0.159%	$14K	—	150x	as long as short
Injective KAS/USDC PERPshort	+0.0033%	1h	0.04361	+2.041%	$45	$154K	5.5x
Aster KASUSDT	+0.0100%	4h	0.04273	−0.027%	$251K	$128K	20x	as long as short
Binance KASUSDT	+0.0100%	4h	0.04269	−0.117%	$4.0M	$12.6M	75x	as long as short
Bybit KASUSDT	+0.0100%	4h	0.04263	−0.252%	$10.8M	$7.7M	50x	as long as short
Gate KAS_USDT	+0.0100%	8h	0.04268	−0.135%	$2.1M	$1.8M	75x	as long as short
MEXC KAS_USDT	+0.0100%	4h	0.04272	−0.041%	$29.3M	$5.2M	200x	as long as short
KuCoin KASUSDTM	+0.0100%	4h	0.04276	+0.045%	$4.4M	$7.2M	50x	as long as short
Bitget KASUSDT	+0.0100%	4h	0.04266	−0.182%	$11.7M	$3.1M	50x	as long as short
BingX KAS-USDT	+0.0100%	4h	0.04268	−0.135%	—	$53.7M	—	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	0.04250	−0.562%	$23K	$24K	—	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0282% / S −0.1996%	1h	0.04267	−0.147%	$11K	—	100x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04267	−0.158%	$359K	$292K	75x	as long as short
Hyperliquid KAS	+0.0563%	1h	0.04276	+0.064%	$2.7M	$1.0M	3x	as long as short
Kraken Futures PF_KASUSDlong	+0.1061%	1h	0.04274	long leg	$304K	$495K	20x