Funding you earn now, next payment 00:00 UTC+0.0053%/8h= +5.8% APRnext payment +$0.26 per $10,000 · paid last 24h −0.005%
Price spread now: BloFin against Binance+0.075%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$650.652% of the position
Funding, last 7 days−0.005%$0 on $10k
+Price spread, last 3 days (all we have)−0.058%−$6 · spread now +0.075%, 7d avg +0.026%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.049% dearer against Binance than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance KITEUSDT | 0.1192 | 0.0100 | pay 0.0050% / 4h | 2m 58s | $19.9M | $5.7M | 10x |
| Short | BloFin KITE-USDT | 0.1193 | 0.0153 | get 0.0076% / 4h | 2m 58s | $822K | $57K | 10x |
Binance KITEUSDT
BloFin KITE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $11.09
- Price spread: +0.075% → +0.026%
- $4.93
- Slippage, 4 orders
- −$43.18
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$49.16
- Costs to cover
- 0.652%
- Break-even
- 38.0 days
Slippage from Binance: live order book, 8 min ago; BloFin: live order book, 9 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 Binance live order book, 8 min ago | 0.42 bp | 18.8 bp −$19 | 62.6 bp −$626 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 9 min ago | 2.10 bp | 16.6 bp −$17 | 35.3 bp −$353 | doesn't fit | doesn't fit |
KITE on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance KITEUSDTlong | +0.0100% | 4h | 0.1192 | long leg | $19.9M | $5.7M | 10x | |
| Bybit KITEUSDT | +0.0100% | 4h | 0.1192 | +0.017% | $1.1M | $2.5M | 25x | as long as short |
| OKX KITE-USDT-SWAP | +0.0100% | 4h | 0.1191 | −0.117% | $1.0M | $300K | 10x | as long as short |
| MEXC KITE_USDT | +0.0100% | 4h | 0.1192 | +0.008% | $786K | $285K | 50x | as long as short |
| KuCoin KITEUSDTM | +0.0100% | 4h | 0.1192 | +0.034% | $411K | $59K | 10x | as long as short |
| Bitget KITEUSDT | +0.0100% | 4h | 0.1193 | +0.084% | $2.6M | $372K | 10x | as long as short |
| BingX KITE-USDT | +0.0100% | 4h | 0.1192 | 0.000% | — | $6.5M | — | as long as short |
| Variational Omni KITE | +0.0100% | 4h | 0.1190 | −0.152% | $10K | $13K | — | as long as short |
| SunX KITE-USDT | +0.0100% | 4h | 0.1191 | −0.075% | $1K | $1.2M | 20x | as long as short |
| Extended KITE-USD | +0.0104% | 1h | 0.1192 | −0.020% | $16K | $150K | 10x | as long as short |
Bybit KITEUSDT
OKX KITE-USDT-SWAP
MEXC KITE_USDT
KuCoin KITEUSDTM
Bitget KITEUSDT
BingX KITE-USDT
Variational Omni KITE
SunX KITE-USDT
Extended KITE-USDShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin KITE-USDTshort | +0.0153% | 4h | 0.1193 | +0.075% | $822K | $57K | 10x | |
| Aster KITEUSDT | +0.0365% | 4h | 0.1191 | −0.059% | $8.3M | $101K | 5x | as long as short |
| Gate KITE_USDT | +0.0396% | 4h | 0.1191 | −0.101% | $537K | $229K | 25x | as long as short |
Aster KITEUSDT
Gate KITE_USDT