Funding arb · Price arb /

KAS

all KAS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against MEXC+0.034%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$530.532% of the position

Long on MEXC Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days+0.010%+$1 · spread now +0.034%, 7d avg +0.002%

Together, before fees+0.010%+$1 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: Binance is 0.032% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC KAS_USDT	0.04319	0.0100	pay 0.0050% / 4h	3h 20m	$29.0M	$4.9M	200x
Short	Binance KASUSDT	0.04320	0.0100	get 0.0050% / 4h	3h 20m	$4.2M	$12.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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 MEXCbpFee BinancebpOrdersPrice spread, now +0.034%Rate

Funding earned: $0
Price spread: +0.034% → +0.002%: $3.17
Slippage, 4 orders: −$43.2
Fee MEXC: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: −$50.02
Costs to cover: 0.532%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; Binance: 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 MEXC live order book, 3 min ago	1.16 bp	9.8 bp −$10	55.9 bp −$559	92.9 bp −$9,292	115.7 bp −$57.9K
Sell Binance live order book, 4 min ago	1.16 bp	15.0 bp −$15	56.7 bp −$567	576.1 bp −$57.6K	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	0.04313	−0.141%	$4K	—	150x	as long as short
Injective KAS/USDC PERP	+0.0033%	1h	0.04361	+0.972%	$45	$154K	5.5x	as long as short
Aster KASUSDT	+0.0100%	4h	0.04322	+0.067%	$254K	$167K	20x	as long as short
Binance KASUSDTshort	+0.0100%	4h	0.04320	+0.034%	$4.2M	$12.7M	75x
Bybit KASUSDT	+0.0100%	4h	0.04313	−0.139%	$10.8M	$7.7M	50x	as long as short
Gate KAS_USDT	+0.0100%	8h	0.04312	−0.162%	$2.1M	$1.8M	75x	as long as short
MEXC KAS_USDTlong	+0.0100%	4h	0.04319	long leg	$29.0M	$4.9M	200x
KuCoin KASUSDTM	+0.0100%	4h	0.04317	−0.037%	$4.3M	$7.3M	50x	as long as short
Bitget KASUSDT	+0.0100%	4h	0.04316	−0.069%	$11.8M	$3.1M	50x	as long as short
BingX KAS-USDT	+0.0100%	4h	0.04312	−0.162%	—	$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	0.04311	−0.180%	$23K	$24K	—	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0283% / S −0.1996%	1h	0.04312	−0.153%	$11K	—	100x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04313	−0.139%	$380K	$295K	75x	as long as short
Kraken Futures PF_KASUSD	+0.0592%	1h	0.04316	−0.062%	$308K	$505K	20x	as long as short
Hyperliquid KAS	+0.0670%	1h	0.04326	+0.171%	$2.8M	$1.1M	3x	as long as short