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: MEXC against Gate+0.157%7-day average +0.078% · you sell dearer than you buy

Net, funding: paid 7d − costs−$64as in the Funding arb table

Net, price: spread back to 7d avg − costs−$61as in the Price arb table

costs, in and out, $10k−$690.690% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.051%+$5 on $10k

Price spread, last 7 days−0.153%−$15 · spread now +0.157%, 7d avg +0.078%

Together, before fees−0.102%−$10 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: MEXC is 0.080% dearer against Gate than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.078%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate KAS_USDT	0.04449	0.0100	pay 0.0100% / 8h	6h 30m	$2.2M	$1.7M	75x
Short	MEXC KAS_USDT	0.04456	0.0100	get 0.0050% / 4h	2h 30m	$29.2M	$4.6M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Gate. 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 GatebpFee MEXCbpOrdersPrice spread, now +0.157%Rate

Funding earned: $0
Price spread: +0.157% → +0.078%: $7.96
Slippage, 4 orders: −$53.99
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 0 bp × 2 orders: $0
Net: −$61.03
Costs to cover: 0.690%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; MEXC: live order book, 3 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 Gate live order book, 2 min ago	5.64 bp	22.3 bp −$22	164.6 bp −$1,646	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	1.13 bp	10.1 bp −$10	19.8 bp −$198	79.0 bp −$7,904	105.7 bp −$52.8K

KAS on 14 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	0.04453	+0.086%	$4K	—	150x	as long as short
Injective KAS/USDC PERP	+0.0033%	1h	0.04361	−1.978%	$45	$154K	5.5x	as long as short
Aster KASUSDT	+0.0100%	4h	0.04457	+0.180%	$261K	$168K	20x	as long as short
Binance KASUSDT	+0.0100%	4h	0.04460	+0.241%	$4.2M	$12.0M	75x	as long as short
Bybit KASUSDT	+0.0100%	4h	0.04455	+0.135%	$11.0M	$7.3M	50x	as long as short
Gate KAS_USDTlong	+0.0100%	8h	0.04449	long leg	$2.2M	$1.7M	75x
MEXC KAS_USDTshort	+0.0100%	4h	0.04456	+0.157%	$29.2M	$4.6M	200x
KuCoin KASUSDTM	+0.0100%	4h	0.04457	+0.178%	$4.4M	$6.9M	50x	as long as short
Bitget KASUSDT	+0.0100%	4h	0.04457	+0.180%	$12.3M	$3.0M	50x	as long as short
BingX KAS-USDT	+0.0100%	4h	0.04453	+0.090%	—	$67.9M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni KAS	+0.0100%	4h	0.04440	−0.195%	$26K	$20K	—	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0294% / S −0.5848%	1h	0.04450	+0.031%	$12K	—	100x	as long as short
Hyperliquid KAS	+0.0404%	1h	0.04466	+0.389%	$2.9M	$1.0M	3x	as long as short
Kraken Futures PF_KASUSD	+0.0717%	1h	0.04453	+0.093%	$314K	$471K	20x	as long as short