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% APRpaid last 24h −0.003%

Price spread now: Gate against MEXC−0.183%7-day average −0.079% · you buy dearer than you sell

Net, funding: paid 7d − costs−$78as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$730.727% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.051%−$5 on $10k

Price spread, last 7 days+0.126%+$13 · spread now −0.183%, 7d avg −0.079%

Together, before fees+0.075%+$7 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: Gate is 0.103% cheaper against MEXC than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.079%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC KAS_USDT	0.04374	0.0100	pay 0.0050% / 4h	3h 33m	$28.3M	$4.5M	200x
Short	Gate KAS_USDT	0.04366	0.0100	get 0.0100% / 8h	7h 33m	$2.1M	$1.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.183%Rate

Funding earned: $0
Price spread: −0.183% → −0.079%: −$10.35
Slippage, 4 orders: −$57.67
Fee MEXC: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$83.02
Costs to cover: 0.727%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; Gate: 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, 5 min ago	1.14 bp	8.8 bp −$9	45.8 bp −$458	90.5 bp −$9,051	116.8 bp −$58.4K
Sell Gate live order book, 4 min ago	3.43 bp	31.0 bp −$31	140.6 bp −$1,406	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	0.04370	−0.087%	$5K	—	150x	as long as short
Injective KAS/USDC PERP	+0.0033%	1h	0.04361	−0.297%	$45	$154K	5.5x	as long as short
Aster KASUSDT	+0.0100%	4h	0.04371	−0.070%	$258K	$168K	20x	as long as short
Binance KASUSDT	+0.0100%	4h	0.04376	+0.046%	$4.1M	$11.7M	75x	as long as short
Bybit KASUSDT	+0.0100%	4h	0.04372	−0.046%	$10.8M	$7.2M	50x	as long as short
Gate KAS_USDTshort	+0.0100%	8h	0.04366	−0.183%	$2.1M	$1.7M	75x
MEXC KAS_USDTlong	+0.0100%	4h	0.04374	long leg	$28.3M	$4.5M	200x
KuCoin KASUSDTM	+0.0100%	4h	0.04376	+0.057%	$4.3M	$6.8M	50x	as long as short
Bitget KASUSDT	+0.0100%	4h	0.04372	−0.046%	$12.0M	$3.0M	50x	as long as short
BingX KAS-USDT	+0.0100%	4h	0.04372	−0.046%	—	$67.9M	—	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	0.04375	+0.019%	$26K	$21K	—	as long as short
GMX KAS/USD [WBTC.b-USDC]	L +0.0291% / S −0.5848%	1h	0.04370	−0.098%	$12K	—	100x	as long as short
BloFin KAS-USDT	+0.0340%	4h	0.04373	−0.023%	$378K	$267K	75x	as long as short
Kraken Futures PF_KASUSD	+0.0403%	1h	0.04374	−0.011%	$308K	$469K	20x	as long as short
Hyperliquid KAS	+0.0514%	1h	0.04382	+0.176%	$2.8M	$1.0M	3x	as long as short