Funding arb · Price arb /

KAS

all KAS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%

Price spread now: Gate against KuCoin−0.123%7-day average −0.095% · you buy dearer than you sell

Net, funding: paid 7d − costs−$125as in the Funding arb table

Net, price: spread back to 7d avg − costs−$124as in the Price arb table

costs, in and out, $10k−$1211.213% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.037%−$4 on $10k

Price spread, last 7 days+0.011%+$1 · spread now −0.123%, 7d avg −0.095%

Together, before fees−0.027%−$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.028% cheaper against KuCoin than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.095%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin KASUSDTM	0.04397	0.0100	pay 0.0050% / 4h	2h 41m	$4.3M	$6.9M	50x
Short	Gate KAS_USDT	0.04392	0.0100	get 0.0100% / 8h	6h 41m	$2.2M	$1.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. 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 KuCoinbpFee GatebpOrdersPrice spread, now −0.123%Rate

Funding earned: $0
Price spread: −0.123% → −0.095%: −$2.79
Slippage, 4 orders: −$94.29
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$124.08
Costs to cover: 1.213%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; Gate: live order book, 2 min ago.

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 KuCoin live order book, 2 min ago	6.26 bp	34.2 bp −$34	217.1 bp −$2,171	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	5.70 bp	28.1 bp −$28	123.2 bp −$1,232	doesn't fit	doesn't fit

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 0.0000%	1h	0.04398	+0.003%	$3K	—	150x	as long as short
Injective KAS/USDC PERP	+0.0033%	1h	0.04361	−0.828%	$45	$154K	5.5x	as long as short
Aster KASUSDT	+0.0100%	4h	0.04402	+0.105%	$258K	$168K	20x	as long as short
Binance KASUSDT	+0.0100%	4h	0.04399	+0.036%	$4.1M	$11.8M	75x	as long as short
Bybit KASUSDT	+0.0100%	4h	0.04394	−0.077%	$10.9M	$7.3M	50x	as long as short
Gate KAS_USDTshort	+0.0100%	8h	0.04392	−0.123%	$2.2M	$1.7M	75x
MEXC KAS_USDT	+0.0100%	4h	0.04399	+0.036%	$28.8M	$4.5M	200x	as long as short
KuCoin KASUSDTMlong	+0.0100%	4h	0.04397	long leg	$4.3M	$6.9M	50x
Bitget KASUSDT	+0.0100%	4h	0.04396	−0.032%	$12.1M	$3.0M	50x	as long as short
BingX KAS-USDT	+0.0100%	4h	0.04396	−0.032%	—	$67.9M	—	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	0.04393	−0.093%	$26K	$21K	—	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0292% / S −0.5848%	1h	0.04397	−0.014%	$12K	—	100x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04418	+0.468%	$381K	$296K	75x	as long as short
Hyperliquid KAS	+0.0392%	1h	0.04403	+0.139%	$2.8M	$1.0M	3x	as long as short
Kraken Futures PF_KASUSD	+0.0726%	1h	0.04398	+0.013%	$309K	$470K	20x	as long as short