Settings8H · net · $10k
Funding arb · Price arb /

KITE

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0871%/8h= +95.4% APRnext payment +$4.35 per $10,000 · paid last 24h −0.070%
Price spread now: BingX against Aster−0.017%7-day average −0.161% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$910.909% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.373%−$37 on $10k
Price spread, last 7 days−0.291%−$29 · spread now −0.017%, 7d avg −0.161%
Together, before fees−0.665%+ Points / potential airdropAster: Stage 5 · farm board−$66 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and BingX is 0.144% dearer against Aster than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.161%. Mind the row above: over the last 5 days funding on this pair cost −0.373%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.373% in total (about -25.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.35 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster KITEUSDT0.11970.0509pay 0.0255% / 4h2h 10m$8.3M$98K5x
ShortBingX KITE-USDT0.11970.1380get 0.0690% / 4h2h 10m$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Aster. 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

Funding earned
$182.86
Price spread: −0.017% → −0.161%
$14.44
Slippage, 4 orders
−$72.88
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
$106.43
Costs to cover
0.909%
Break-even
2.9 days
Slippage from Aster: live order book, 4 min ago; BingX: live order book, 11 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 4 min ago4.59 bp27.4 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 11 min ago5.43 bp18.8 bp −$1951.3 bp −$513490.0 bp −$49.0K1146.0 bp −$573.0K

KITE on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX KITE-USDT-SWAP+0.0100%4h0.1195−0.192%$1.0M$320K10xas long as short
KuCoin KITEUSDTM+0.0100%4h0.1198+0.084%$412K$59K10xas long as short
Bitget KITEUSDT+0.0100%4h0.1198+0.058%$2.7M$490K10xas long as short
Variational Omni KITE+0.0100%4h0.1199+0.124%$10K$13Kas long as short
SunX KITE-USDT+0.0100%4h0.1198+0.067%$1K$1.3M20xas long as short
MEXC KITE_USDT+0.0116%4h0.1197−0.008%$744K$310K50xas long as short
Extended KITE-USD+0.0120%1h0.1197−0.025%$16K$92K10xas long as short
Binance KITEUSDT+0.0121%4h0.11970.000%$20.0M$5.9M10xas long as short
Gate KITE_USDT+0.0208%4h0.1199+0.125%$540K$242K25xas long as short
Aster KITEUSDTlong+0.0509%4h0.1197long leg$8.3M$98K5x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX KITE-USDTshort+0.1380%4h0.1197−0.017%$6.5M
Bybit KITEUSDT+0.1500%4h0.1198+0.067%$1.3M$2.6M25xas long as short