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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Bitget+0.186%7-day average +0.043% · 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−$54as in the Price arb table

costs, in and out, $10k−$680.680% of the position

Long on Bitget Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.041%+$4 on $10k

Price spread, last 7 days−0.157%−$16 · spread now +0.186%, 7d avg +0.043%

Together, before fees−0.116%−$12 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 0.143% dearer against Bitget than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.043%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget KASUSDT	0.04300	0.0100	pay 0.0050% / 4h	1h 09m	$11.8M	$3.1M	50x
Short	MEXC KAS_USDT	0.04308	0.0100	get 0.0050% / 4h	1h 09m	$28.7M	$4.7M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Bitget. 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 BitgetbpFee MEXCbpOrdersPrice spread, now +0.186%Rate

Funding earned: $0
Price spread: +0.186% → +0.043%: $14.29
Slippage, 4 orders: −$56.02
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$53.72
Costs to cover: 0.680%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; MEXC: live order book, 4 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 Bitget live order book, 4 min ago	3.49 bp	22.5 bp −$23	73.4 bp −$734	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	2.32 bp	14.1 bp −$14	63.6 bp −$636	92.1 bp −$9,209	114.9 bp −$57.4K

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	0.04303	+0.067%	$4K	—	150x	as long as short
Injective KAS/USDC PERP	+0.0033%	1h	0.04361	+1.419%	$45	$154K	5.5x	as long as short
Binance KASUSDT	+0.0100%	4h	0.04304	+0.093%	$4.1M	$12.6M	75x	as long as short
Bybit KASUSDT	+0.0100%	4h	0.04300	0.000%	$10.7M	$7.7M	50x	as long as short
Gate KAS_USDT	+0.0100%	8h	0.04301	+0.023%	$2.1M	$1.8M	75x	as long as short
MEXC KAS_USDTshort	+0.0100%	4h	0.04308	+0.186%	$28.7M	$4.7M	200x
KuCoin KASUSDTM	+0.0100%	4h	0.04305	+0.114%	$4.2M	$7.2M	50x	as long as short
Bitget KASUSDTlong	+0.0100%	4h	0.04300	long leg	$11.8M	$3.1M	50x
BingX KAS-USDT	+0.0100%	4h	0.04300	0.000%	—	$67.9M	—	as long as short
Variational Omni KAS	+0.0100%	4h	0.04304	+0.085%	$25K	$20K	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster KASUSDT	+0.0106%	4h	0.04305	+0.106%	$253K	$166K	20x	as long as short
Kraken Futures PF_KASUSD	+0.0116%	1h	0.04310	+0.230%	$308K	$501K	20x	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0290% / S −0.5848%	1h	0.04303	+0.065%	$11K	—	100x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04302	+0.047%	$197K	$279K	75x	as long as short
Hyperliquid KAS	+0.0533%	1h	0.04306	+0.147%	$2.8M	$1.1M	3x	as long as short