Funding arb · Price arb /

KAS

all KAS markets

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: Binance against MEXC−0.047%7-day average +0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$420.421% 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+0.080%+$8 · spread now −0.047%, 7d avg +0.002%

Together, before fees+0.080%+$8 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 0.048% 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 +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC KAS_USDT	0.04298	0.0100	pay 0.0050% / 4h	18m 57s	$28.8M	$4.8M	200x
Short	Binance KASUSDT	0.04296	0.0100	get 0.0050% / 4h	18m 57s	$4.1M	$12.8M	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 −0.047%Rate

Funding earned: $0
Price spread: −0.047% → +0.002%: −$4.85
Slippage, 4 orders: −$32.12
Fee MEXC: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: −$46.97
Costs to cover: 0.421%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; Binance: live order book, 6 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, 5 min ago	1.16 bp	8.9 bp −$9	55.1 bp −$551	90.1 bp −$9,009	113.9 bp −$57.0K
Sell Binance live order book, 6 min ago	1.16 bp	10.6 bp −$11	16.3 bp −$163	451.9 bp −$45.2K	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	0.04299	+0.021%	$4K	—	150x	as long as short
Injective KAS/USDC PERP	+0.0033%	1h	0.04361	+1.466%	$45	$154K	5.5x	as long as short
Binance KASUSDTshort	+0.0100%	4h	0.04296	−0.047%	$4.1M	$12.8M	75x
Bybit KASUSDT	+0.0100%	4h	0.04293	−0.116%	$10.7M	$7.7M	50x	as long as short
Gate KAS_USDT	+0.0100%	8h	0.04297	−0.023%	$2.1M	$1.8M	75x	as long as short
MEXC KAS_USDTlong	+0.0100%	4h	0.04298	long leg	$28.8M	$4.8M	200x
KuCoin KASUSDTM	+0.0100%	4h	0.04298	−0.007%	$4.3M	$7.3M	50x	as long as short
Bitget KASUSDT	+0.0100%	4h	0.04293	−0.116%	$11.8M	$3.1M	50x	as long as short
BingX KAS-USDT	+0.0100%	4h	0.04296	−0.047%	—	$67.7M	—	as long as short
Variational Omni KAS	+0.0100%	4h	0.04300	+0.040%	$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	+0.0105%	4h	0.04302	+0.093%	$252K	$167K	20x	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0283% / S −0.5451%	1h	0.04299	+0.016%	$11K	—	100x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04299	+0.023%	$374K	$294K	75x	as long as short
Hyperliquid KAS	+0.0700%	1h	0.04306	+0.195%	$2.8M	$1.1M	3x	as long as short
Kraken Futures PF_KASUSD	+0.1200%	1h	0.04302	+0.102%	$307K	$502K	20x	as long as short