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−0.069%49s7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as 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−$570.566% of the position
Funding, last 7 days−0.304%−$30 on $10k
+Price spread, last 4 days (all we have)−0.201%−$20 · spread now −0.069%, 7d avg −0.018%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and MEXC is 0.052% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.018%). Swap the legs. The two prices were read 49 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 | 0.04329 | 0.0340 | pay 0.0170% / 4h | 3h 46m | $383K | $296K | 75x |
| Short | MEXC KAS_USDT | 0.04326 | 0.0100 | get 0.0050% / 4h | 3h 46m | $29.0M | $4.8M | 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$50.4
- Price spread: −0.069% → −0.018%
- −$5.17
- Slippage, 4 orders
- −$44.6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$112.17
- Costs to cover
- 0.566%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 49 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, 49 min ago | 2.34 bp | 13.9 bp −$14 | 44.0 bp −$440 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 2.31 bp | 12.3 bp −$12 | 58.1 bp −$581 | 93.0 bp −$9,302 | 114.4 bp −$57.2K |
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 −0.0001% | 1h | 0.04323 | −0.142% | $4K | — | 150x | as long as short |
| Injective KAS/USDC PERP | +0.0033% | 1h | 0.04361 | +0.739% | $45 | $154K | 5.5x | as long as short |
| Binance KASUSDT | +0.0100% | 4h | 0.04326 | −0.066% | $4.2M | $12.8M | 75x | as long as short |
| Bybit KASUSDT | +0.0100% | 4h | 0.04322 | −0.162% | $10.8M | $7.8M | 50x | as long as short |
| Gate KAS_USDT | +0.0100% | 8h | 0.04319 | −0.231% | $2.1M | $1.8M | 75x | as long as short |
| MEXC KAS_USDTshort | +0.0100% | 4h | 0.04326 | −0.069% | $29.0M | $4.8M | 200x | |
| KuCoin KASUSDTM | +0.0100% | 4h | 0.04327 | −0.039% | $4.3M | $7.3M | 50x | as long as short |
| Bitget KASUSDT | +0.0100% | 4h | 0.04322 | −0.162% | $11.9M | $3.1M | 50x | as long as short |
| BingX KAS-USDT | +0.0100% | 4h | 0.04325 | −0.092% | — | $67.7M | — | as long as short |
| Variational Omni KAS | +0.0100% | 4h | 0.04327 | −0.052% | $23K | $23K | — | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KASUSDT | +0.0112% | 4h | 0.04330 | +0.015% | $254K | $167K | 20x | as long as short |
| GMX KAS/USD [WBTC.b-USDC] | L +0.0283% / S −0.5451% | 1h | 0.04320 | −0.215% | $11K | — | 100x | as long as short |
| BloFin KAS-USDTlong | +0.0340% | 4h | 0.04329 | long leg | $383K | $296K | 75x | |
| Hyperliquid KAS | +0.0380% | 1h | 0.04334 | +0.111% | $2.8M | $1.1M | 3x | as long as short |
| Kraken Futures PF_KASUSD | +0.0591% | 1h | 0.04322 | −0.157% | $310K | $504K | 20x | as long as short |
BloFin KAS-USDT
MEXC KAS_USDT
gTrade (Gains Network) KAS/USD
Injective KAS/USDC PERP
Binance KASUSDT
Bybit KASUSDT
Gate KAS_USDT
KuCoin KASUSDTM
Bitget KASUSDT
BingX KAS-USDT
Variational Omni KAS
Aster KASUSDT
GMX KAS/USD [WBTC.b-USDC]
Hyperliquid KAS
Kraken Futures PF_KASUSD