Funding arb · Price arb /

KAS

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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: MEXC against KuCoin+0.107%7-day average −0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$72as in the Price arb table

costs, in and out, $10k−$850.846% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.014%+$1 on $10k

Price spread, last 7 days−0.247%−$25 · spread now +0.107%, 7d avg −0.014%

Together, before fees−0.233%−$23 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 0.122% dearer against KuCoin than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.014%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin KASUSDTM	0.04283	0.0100	pay 0.0050% / 4h	2h 25m	$4.3M	$7.4M	50x
Short	MEXC KAS_USDT	0.04288	0.0100	get 0.0050% / 4h	2h 25m	$28.8M	$5.0M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against KuCoin. 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 KuCoinbpFee MEXCbpOrdersPrice spread, now +0.107%Rate

Funding earned: $0
Price spread: +0.107% → −0.014%: $12.17
Slippage, 4 orders: −$72.57
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$72.4
Costs to cover: 0.846%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; MEXC: live order book, 3 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 KuCoin live order book, 2 min ago	8.17 bp	31.5 bp −$31	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	1.17 bp	9.0 bp −$9	55.5 bp −$555	91.2 bp −$9,120	112.6 bp −$56.3K

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	0.04280	−0.083%	$4K	—	150x	as long as short
Injective KAS/USDC PERP	+0.0033%	1h	0.04361	+1.812%	$45	$154K	5.5x	as long as short
Aster KASUSDT	+0.0100%	4h	0.04291	+0.189%	$253K	$146K	20x	as long as short
Binance KASUSDT	+0.0100%	4h	0.04295	+0.265%	$4.1M	$12.9M	75x	as long as short
Bybit KASUSDT	+0.0100%	4h	0.04288	+0.107%	$10.7M	$7.8M	50x	as long as short
Gate KAS_USDT	+0.0100%	8h	0.04284	+0.014%	$2.1M	$1.8M	75x	as long as short
MEXC KAS_USDTshort	+0.0100%	4h	0.04288	+0.107%	$28.8M	$5.0M	200x
KuCoin KASUSDTMlong	+0.0100%	4h	0.04283	long leg	$4.3M	$7.4M	50x
Bitget KASUSDT	+0.0100%	4h	0.04288	+0.107%	$11.8M	$3.2M	50x	as long as short
BingX KAS-USDT	+0.0100%	4h	0.04288	+0.107%	—	$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	0.04279	−0.108%	$23K	$24K	—	as long as short
Hyperliquid KAS	+0.0212%	1h	0.04293	+0.215%	$2.7M	$1.1M	3x	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0282% / S −0.1996%	1h	0.04280	−0.072%	$11K	—	100x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04280	−0.079%	$371K	$291K	75x	as long as short
Kraken Futures PF_KASUSD	+0.0380%	1h	0.04281	−0.052%	$302K	$509K	20x	as long as short