Funding arb · Price arb /

KAS

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Bitget+0.139%7-day average +0.044% · you sell dearer than you buy

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$660.664% of the position

Long on Bitget Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.032%+$3 on $10k

Price spread, last 7 days−0.135%−$13 · spread now +0.139%, 7d avg +0.044%

Together, before fees−0.103%−$10 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 0.095% dearer against Bitget than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.044%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget KASUSDT	0.04311	0.0100	pay 0.0050% / 4h	3h 01m	$11.8M	$3.0M	50x
Short	MEXC KAS_USDT	0.04317	0.0100	get 0.0050% / 4h	3h 01m	$29.6M	$5.4M	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 +0.139%Rate

Funding earned: $0
Price spread: +0.139% → +0.044%: $9.5
Slippage, 4 orders: −$54.44
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$56.93
Costs to cover: 0.664%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 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 Bitget live order book, 2 min ago	2.32 bp	19.1 bp −$19	51.9 bp −$519	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	2.32 bp	9.9 bp −$10	43.1 bp −$431	87.7 bp −$8,774	104.4 bp −$52.2K

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 −0.0008%	1h	0.04310	−0.023%	$14K	—	150x	as long as short
Injective KAS/USDC PERP	+0.0033%	1h	0.04361	+1.160%	$45	$154K	5.5x	as long as short
Aster KASUSDT	+0.0100%	4h	0.04316	+0.115%	$253K	$130K	20x	as long as short
Binance KASUSDT	+0.0100%	4h	0.04316	+0.122%	$3.9M	$13.0M	75x	as long as short
Bybit KASUSDT	+0.0100%	4h	0.04311	0.000%	$10.9M	$7.8M	50x	as long as short
Gate KAS_USDT	+0.0100%	8h	0.04309	−0.046%	$2.2M	$1.8M	75x	as long as short
MEXC KAS_USDTshort	+0.0100%	4h	0.04317	+0.139%	$29.6M	$5.4M	200x
KuCoin KASUSDTM	+0.0100%	4h	0.04317	+0.151%	$4.5M	$7.1M	50x	as long as short
Bitget KASUSDTlong	+0.0100%	4h	0.04311	long leg	$11.8M	$3.0M	50x
BingX KAS-USDT	+0.0100%	4h	0.04314	+0.070%	—	$53.6M	—	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	0.04315	+0.088%	$23K	$23K	—	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0282% / S −0.1996%	1h	0.04308	−0.060%	$11K	—	100x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04320	+0.209%	$350K	$286K	75x	as long as short
Hyperliquid KAS	+0.0497%	1h	0.04324	+0.304%	$2.8M	$1.0M	3x	as long as short
Kraken Futures PF_KASUSD	+0.0705%	1h	0.04317	+0.133%	$303K	$512K	20x	as long as short