KAS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%

Price spread now: MEXC against BloFin−0.255%109s7-day average −0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$86as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$560.560% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.304%−$30 on $10k

Price spread, last 4 days (all we have)+0.088%+$9 · spread now −0.255%, 7d avg −0.018%

Together, before fees−0.216%−$22 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and MEXC is 0.237% cheaper against BloFin than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of −0.018%). Swap the legs. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin KAS-USDT	0.04310	0.0340	pay 0.0170% / 4h	1h 17m	$363K	$294K	75x
Short	MEXC KAS_USDT	0.04299	0.0100	get 0.0050% / 4h	1h 17m	$29.5M	$5.2M	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 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 BloFinbpFee MEXCbpOrdersPrice spread, now −0.255%Rate

Funding earned: −$50.4
Price spread: −0.255% → −0.018%: −$23.75
Slippage, 4 orders: −$44.02
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$130.17
Costs to cover: 0.560%
Break-even: never at this rate

Slippage from BloFin: live order book, 3 min ago; MEXC: live order book, 2 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, 3 min ago	5.80 bp	18.0 bp −$18	42.8 bp −$428	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	2.32 bp	10.6 bp −$11	54.1 bp −$541	88.9 bp −$8,891	105.5 bp −$52.7K

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	0.04302	−0.197%	$4K	—	150x	as long as short
Injective KAS/USDC PERP	+0.0033%	1h	0.04361	+1.183%	$45	$154K	5.5x	as long as short
Aster KASUSDT	+0.0100%	4h	0.04301	−0.207%	$252K	$130K	20x	as long as short
Binance KASUSDT	+0.0100%	4h	0.04297	−0.302%	$4.1M	$12.6M	75x	as long as short
Bybit KASUSDT	+0.0100%	4h	0.04293	−0.394%	$10.8M	$7.8M	50x	as long as short
Gate KAS_USDT	+0.0100%	8h	0.04294	−0.371%	$2.1M	$1.8M	75x	as long as short
MEXC KAS_USDTshort	+0.0100%	4h	0.04299	−0.255%	$29.5M	$5.2M	200x
KuCoin KASUSDTM	+0.0100%	4h	0.04299	−0.262%	$4.3M	$7.3M	50x	as long as short
Bitget KASUSDT	+0.0100%	4h	0.04294	−0.371%	$11.8M	$3.1M	50x	as long as short
BingX KAS-USDT	+0.0100%	4h	0.04296	−0.325%	—	$67.7M	—	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	0.04294	−0.377%	$23K	$24K	—	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0283% / S −0.1996%	1h	0.04302	−0.193%	$11K	—	100x	as long as short
BloFin KAS-USDTlong	+0.0340%	4h	0.04310	long leg	$363K	$294K	75x
Hyperliquid KAS	+0.0456%	1h	0.04305	−0.121%	$2.8M	$1.0M	3x	as long as short
Kraken Futures PF_KASUSD	+0.0662%	1h	0.04299	−0.245%	$307K	$503K	20x	as long as short