Funding you earn now, next payment 03:00 UTC+0.0368%/8h= +40.3% APRpaid last 24h +0.041%
Price spread now: Hyperliquid against MEXC+0.110%7-day average +0.117% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$700.705% of the position
Funding, last 7 days+0.043%+$4 on $10k
+Price spread, last 7 days−0.065%−$6 · spread now +0.110%, 7d avg +0.117%
=Together, before fees−0.022%+ Points / potential airdropHyperliquid: Season 2 · farm board−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.117%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.043% in total (about 2.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC KAS_USDT | 0.04348 | 0.0100 | pay 0.0050% / 4h | 1h 18m | $29.0M | $4.7M | 200x |
| Short | Hyperliquid KAS | 0.04353 | 0.0468 | get 0.0058% / 1h | 18m 16s | $2.8M | $1.1M | 3x |
MEXC KAS_USDT
Hyperliquid KASFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against MEXC. 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
- $77.25
- Price spread: +0.110% → +0.117%
- −$0.66
- Slippage, 4 orders
- −$61.5
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $6.09
- Costs to cover
- 0.705%
- Break-even
- 6.4 days
Slippage from MEXC: live order book, 6 min ago; Hyperliquid: 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 MEXC live order book, 6 min ago | 1.15 bp | 9.6 bp −$10 | 62.6 bp −$626 | 100.7 bp −$10.1K | 124.6 bp −$62.3K |
| Sell Hyperliquid live order book, 3 min ago | 3.89 bp | 22.1 bp −$22 | doesn't fit | 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 −0.0001% | 1h | 0.04341 | −0.165% | $4K | — | 150x | as long as short |
| Injective KAS/USDC PERP | +0.0033% | 1h | 0.04361 | +0.299% | $45 | $154K | 5.5x | as long as short |
| Binance KASUSDT | +0.0100% | 4h | 0.04346 | −0.046% | $4.2M | $12.5M | 75x | as long as short |
| Bybit KASUSDT | +0.0100% | 4h | 0.04341 | −0.161% | $10.8M | $7.6M | 50x | as long as short |
| Gate KAS_USDT | +0.0100% | 8h | 0.04343 | −0.115% | $2.2M | $1.8M | 75x | as long as short |
| MEXC KAS_USDTlong | +0.0100% | 4h | 0.04348 | long leg | $29.0M | $4.7M | 200x | |
| KuCoin KASUSDTM | +0.0100% | 4h | 0.04352 | +0.083% | $4.2M | $7.1M | 50x | as long as short |
| Bitget KASUSDT | +0.0100% | 4h | 0.04342 | −0.138% | $11.9M | $3.1M | 50x | as long as short |
| BingX KAS-USDT | +0.0100% | 4h | 0.04343 | −0.115% | — | $67.8M | — | as long as short |
| Variational Omni KAS | +0.0100% | 4h | 0.04351 | +0.062% | $26K | $20K | — | as long as short |
gTrade (Gains Network) KAS/USD
Injective KAS/USDC PERP
Binance KASUSDT
Bybit KASUSDT
Gate KAS_USDT
KuCoin KASUSDTM
Bitget KASUSDT
BingX KAS-USDT
Variational Omni KASShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KASUSDT | +0.0112% | 4h | 0.04344 | −0.090% | $255K | $167K | 20x | as long as short |
| Kraken Futures PF_KASUSD | +0.0115% | 1h | 0.04351 | +0.067% | $310K | $498K | 20x | as long as short |
| GMX KAS/USD [WBTC.b-USDC] | L +0.0291% / S −0.5848% | 1h | 0.04340 | −0.193% | $12K | — | 100x | as long as short |
| BloFin KAS-USDT | +0.0340% | 4h | 0.04350 | +0.046% | $383K | $281K | 75x | as long as short |
| Hyperliquid KASshort | +0.0468% | 1h | 0.04353 | +0.110% | $2.8M | $1.1M | 3x |
Aster KASUSDT
Kraken Futures PF_KASUSD
GMX KAS/USD [WBTC.b-USDC]
BloFin KAS-USDT