KAS (Kaspa) perpetual futures

KAS (Kaspa) perpetuals trade on 14 markets. 24h volume $104.30M, open interest $63.43M. Best funding APR +106.29% on gains. Cheapest $100k execution (24h median): 41.23 bps on txflow.

Funding rates by venue

Live funding rate, price, liquidity and the funding actually paid over the last 24 hours, 7 and 30 days for KAS (Kaspa) on every venue we track.

ExchangeSymbolPrice24h volumeOpen interestFunding / intervalFunding APRPaid 24hPaid 7dPaid 30d
bingxKAS-USDT0.0434$67.86M$3.94M0.0050%+10.95%+0.0300%+0.2100%+0.9000%
binanceKASUSDT0.0436$11.43M$4.03M0.0050%+10.95%+0.0300%+0.2100%+0.9000%
bybitKASUSDT0.0435$7.16M$5.40M0.0050%+10.95%+0.0300%+0.1847%+0.8337%
kucoinKASUSDTM0.0436$6.83M$4.30M0.0050%+10.95%+0.0300%+0.1962%+0.8862%
mexcKAS_USDT0.0436$4.49M$28.19M0.0050%+10.95%+0.0300%+0.2100%+0.9000%
bitgetKASUSDT0.0435$2.97M$11.99M0.0050%+10.95%+0.0300%+0.1693%+0.8223%
gateioKAS_USDT0.0435$1.68M$2.16M0.0100%+10.95%+0.0276%+0.1588%+0.6698%
hyperliquidKAS0.0436$1.04M$2.80M0.0070%+61.42%+0.0611%+0.2433%+1.3803%
gainsKAS/USD0.0435$355.9K$4.5K0.0121%+106.29%+0.2961%+2.8088%+8.8139%
asterdexKASUSDT0.0436$168.0K$508.9K0.0050%+10.95%+0.0343%+0.2109%+0.9021%
txflowKAS-USDC0.0436$112.6K$4.7K0.0013%+10.95%
gmxKAS/USD [BTC-USDC]0.0433$109.7K$11.5K0.0023%+19.77%-0.0349%+0.1531%-0.3464%
bybitKASPERP0.0435$67.7K$51.2K0.0050%+10.95%+0.0300%+0.2100%+0.9000%
variationalKAS0.0433$20.6K$51.0K0.0050%+10.95%

Funding spread across venues

Across 13 venues the funding APR on KAS (Kaspa) runs from +10.95% on variational to +106.29% on gains. The gap between them is 95.34 percentage points a year: that is what a delta-neutral position would collect before fees, holding long on the venue that pays and short on the venue that charges. Over the last 30 days the largest amount actually settled was +8.8139% of position size on gains.

Funding history over 30 days

Over the last 30 days we recorded 4273 funding settlements for KAS (Kaspa) across 11 venues. The rate was positive in 90% of them, meaning longs paid shorts that often. The average annualised rate over the window was +51.16%. Summed over the window, gains paid the most at +8.8139% of position size and gmx the least at -0.3464%.

Liquidity

Across the venues listed above KAS (Kaspa) shows $104.30M of 24h volume and $63.43M of open interest. The deepest venue by 24h volume is bingx at $67.86M.

Execution cost

The cheapest venue to open a $100k position in KAS (Kaspa), measured as the 24h median of the full cost including taker fee and slippage, is txflow at 41.23 bps. Funding only pays off once the cost of getting in and out is covered, so this number belongs next to the APR above.

What the funding rate on KAS (Kaspa) means

A perpetual future on KAS (Kaspa) has no expiry, so venues use a funding payment to keep its price tied to spot. When the perp trades above spot, longs pay shorts; when it trades below, shorts pay longs. The rate shown per venue is the share of position size paid at each settlement, and the APR is that share annualised over the venue's own interval. Venues settle KAS (Kaspa) on different schedules: 1h, 4h, 8h.

Because every venue computes its own rate from its own order book, the same asset can pay very differently in the same hour. The "paid" columns show what was actually settled rather than what is quoted now, which is the honest way to judge whether a KAS (Kaspa) position earned or cost money.

Frequently asked questions

What is the funding rate on KAS (Kaspa) right now?

Across 13 venues the funding APR on KAS (Kaspa) runs from +10.95% on variational to +106.29% on gains. The gap between them is 95.34 percentage points a year: that is what a delta-neutral position would collect before fees, holding long on the venue that pays and short on the venue that charges. Over the last 30 days the largest amount actually settled was +8.8139% of position size on gains.

Which venue has the most liquid KAS (Kaspa) perpetual?

Across the venues listed above KAS (Kaspa) shows $104.30M of 24h volume and $63.43M of open interest. The deepest venue by 24h volume is bingx at $67.86M.

How often is funding paid on KAS (Kaspa)?

Venues settle KAS (Kaspa) on different schedules: 1h, 4h, 8h.

Has funding on KAS (Kaspa) been paid consistently?

Over the last 30 days we recorded 4273 funding settlements for KAS (Kaspa) across 11 venues. The rate was positive in 90% of them, meaning longs paid shorts that often. The average annualised rate over the window was +51.16%. Summed over the window, gains paid the most at +8.8139% of position size and gmx the least at -0.3464%.

Funding history over 30 days

Data generated at 2026-09-22T00:08:20Z. Live numbers load on this page automatically.