Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%
Price spread now: MEXC against BloFin−0.139%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$530.534% of the position
Funding, last 7 days−0.304%−$30 on $10k
+Price spread, last 3 days (all we have)−0.064%−$6 · spread now −0.139%, 7d avg −0.019%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and MEXC is 0.120% cheaper against BloFin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.019%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin KAS-USDT | 0.04329 | 0.0340 | pay 0.0170% / 4h | 3h 59m | $372K | $204K | 75x |
| Short | MEXC KAS_USDT | 0.04323 | 0.0100 | get 0.0050% / 4h | 3h 59m | $28.0M | $4.5M | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BloFin. 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
- −$50.4
- Price spread: −0.139% → −0.019%
- −$11.98
- Slippage, 4 orders
- −$41.44
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$115.82
- Costs to cover
- 0.534%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 11 min ago; MEXC: live order book, 5 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 BloFin live order book, 11 min ago | 2.31 bp | 14.3 bp −$14 | 42.4 bp −$424 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 1.15 bp | 9.4 bp −$9 | 49.6 bp −$496 | 95.2 bp −$9,522 | 112.5 bp −$56.2K |
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 | 0.04320 | −0.202% | $4K | — | 150x | as long as short |
| Injective KAS/USDC PERP | +0.0033% | 1h | 0.04361 | +0.739% | $45 | $154K | 5.5x | as long as short |
| Aster KASUSDT | +0.0100% | 4h | 0.04326 | −0.069% | $255K | $168K | 20x | as long as short |
| Binance KASUSDT | +0.0100% | 4h | 0.04323 | −0.139% | $4.0M | $11.4M | 75x | as long as short |
| Bybit KASUSDT | +0.0100% | 4h | 0.04320 | −0.208% | $10.7M | $7.1M | 50x | as long as short |
| Gate KAS_USDT | +0.0100% | 8h | 0.04319 | −0.231% | $2.1M | $1.6M | 75x | as long as short |
| MEXC KAS_USDTshort | +0.0100% | 4h | 0.04323 | −0.139% | $28.0M | $4.5M | 200x | |
| KuCoin KASUSDTM | +0.0100% | 4h | 0.04325 | −0.092% | $4.3M | $6.8M | 50x | as long as short |
| Bitget KASUSDT | +0.0100% | 4h | 0.04321 | −0.185% | $11.9M | $3.0M | 50x | as long as short |
| BingX KAS-USDT | +0.0100% | 4h | 0.04324 | −0.116% | — | $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 | 0.04321 | −0.175% | $26K | $21K | — | as long as short |
| GMX KAS/USD [WBTC.b-USDC] | L +0.0289% / S −0.5848% | 1h | 0.04319 | −0.229% | $12K | — | 100x | as long as short |
| Hyperliquid KAS | +0.0310% | 1h | 0.04328 | −0.035% | $2.8M | $1.0M | 3x | as long as short |
| BloFin KAS-USDTlong | +0.0340% | 4h | 0.04329 | long leg | $372K | $204K | 75x | |
| Kraken Futures PF_KASUSD | +0.0408% | 1h | 0.04323 | −0.130% | $303K | $460K | 20x | as long as short |
BloFin KAS-USDT
MEXC KAS_USDT
gTrade (Gains Network) KAS/USD
Injective KAS/USDC PERP
Aster KASUSDT
Binance KASUSDT
Bybit KASUSDT
Gate KAS_USDT
KuCoin KASUSDTM
Bitget KASUSDT
BingX KAS-USDT
Variational Omni KAS
GMX KAS/USD [WBTC.b-USDC]
Hyperliquid KAS
Kraken Futures PF_KASUSD