Funding arb · Price arb /

KAS

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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: Bitget against MEXC−0.093%7-day average −0.043% · you buy dearer than you sell

Net, funding: paid 7d − costs−$72as in the Funding arb table

Net, price: spread back to 7d avg − costs−$73as in the Price arb table

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

Long on MEXC Short on Bitget

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+0.064%+$6 · spread now −0.093%, 7d avg −0.043%

Together, before fees+0.023%+$2 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: Bitget is 0.050% cheaper against MEXC than usual: you would sell low and buy high, −$5 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	MEXC KAS_USDT	0.04297	0.0100	pay 0.0050% / 4h	1h 09m	$28.6M	$4.7M	200x
Short	Bitget KASUSDT	0.04293	0.0100	get 0.0050% / 4h	1h 09m	$11.8M	$3.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.093%Rate

Funding earned: $0
Price spread: −0.093% → −0.043%: −$5
Slippage, 4 orders: −$56.02
Fee MEXC: 0 bp × 2 orders: $0
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$73.02
Costs to cover: 0.680%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; Bitget: 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, 4 min ago	2.32 bp	12.0 bp −$12	60.8 bp −$608	90.1 bp −$9,010	114.9 bp −$57.5K
Sell Bitget live order book, 4 min ago	3.49 bp	19.5 bp −$19	58.0 bp −$580	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	0.04293	−0.095%	$4K	—	150x	as long as short
Injective KAS/USDC PERP	+0.0033%	1h	0.04361	+1.489%	$45	$154K	5.5x	as long as short
Binance KASUSDT	+0.0100%	4h	0.04294	−0.066%	$4.1M	$12.6M	75x	as long as short
Bybit KASUSDT	+0.0100%	4h	0.04292	−0.116%	$10.7M	$7.7M	50x	as long as short
Gate KAS_USDT	+0.0100%	8h	0.04291	−0.140%	$2.1M	$1.8M	75x	as long as short
MEXC KAS_USDTlong	+0.0100%	4h	0.04297	long leg	$28.6M	$4.7M	200x
KuCoin KASUSDTM	+0.0100%	4h	0.04299	+0.047%	$4.2M	$7.2M	50x	as long as short
Bitget KASUSDTshort	+0.0100%	4h	0.04293	−0.093%	$11.8M	$3.1M	50x
BingX KAS-USDT	+0.0100%	4h	0.04295	−0.047%	—	$67.9M	—	as long as short
Variational Omni KAS	+0.0100%	4h	0.04304	+0.155%	$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	+0.0103%	4h	0.04294	−0.068%	$252K	$166K	20x	as long as short
Kraken Futures PF_KASUSD	+0.0116%	1h	0.04297	−0.001%	$307K	$501K	20x	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0289% / S −0.5848%	1h	0.04292	−0.114%	$11K	—	100x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04285	−0.279%	$382K	$292K	75x	as long as short
Hyperliquid KAS	+0.0532%	1h	0.04300	+0.074%	$2.8M	$1.1M	3x	as long as short