KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0248%/8h= +27.2% APRnext payment +$1.24 per $10,000 · paid last 24h +0.065%

Price spread now: Gate against Binance−0.047%7-day average +0.043% · you buy dearer than you sell

Net, funding: paid 7d − costs−$286as in the Funding arb table

Net, price: spread back to 7d avg − costs−$302as in the Price arb table

costs, in and out, $10k−$2932.930% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.072%+$7 on $10k

Price spread, last 4 days (all we have)+0.024%+$2 · spread now −0.047%, 7d avg +0.043%

Together, before fees+0.095%+$10 on $10k · with fees, hour by hour

Funding pays, the price is against you. Gate is 0.091% cheaper against Binance than usual: you would sell low and buy high (spread −0.047% now, against its 7-day average of +0.043%). If the spread goes back, that is −$9 on $10k: about 29 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.072% in total) that is about 8.8 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.072% in total (about 3.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.24 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance KITEUSDT	0.1226	0.0100	pay 0.0050% / 4h	1h 50m	$20.5M	$6.6M	10x
Short	Gate KITE_USDT	0.1226	0.0348	get 0.0174% / 4h	1h 50m	$572K	$250K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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 BinancebpFee GatebpOrdersPrice spread, now −0.047%Rate

Funding earned: $52.08
Price spread: −0.047% → +0.043%: −$9.07
Slippage, 4 orders: −$267.99
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$249.98
Costs to cover: 2.930%
Break-even: 40.6 days

Slippage from Binance: live order book, 5 min ago; Gate: live order book, 55 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, 5 min ago	0.41 bp	17.6 bp −$18	54.9 bp −$549	doesn't fit	doesn't fit
Sell Gate live order book, 55 min ago	6.59 bp	156.0 bp −$156	doesn't fit	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	0.1226	long leg	$20.5M	$6.6M	10x
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1224	−0.178%	$1.1M	$455K	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1226	+0.010%	$891K	$260K	50x	as long as short
KuCoin KITEUSDTM	+0.0100%	4h	0.1227	+0.091%	$434K	$82K	10x	as long as short
Bitget KITEUSDT	+0.0100%	4h	0.1227	+0.083%	$2.7M	$788K	10x	as long as short
Variational Omni KITE	+0.0100%	4h	0.1226	−0.007%	$11K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1227	+0.018%	$2K	$1.4M	20x	as long as short
Extended KITE-USD	+0.0104%	1h	0.1226	−0.037%	$18K	$181K	10x	as long as short
BloFin KITE-USDT	+0.0138%	4h	0.1227	+0.075%	$852K	$51K	10x	as long as short
Bybit KITEUSDT	+0.0175%	4h	0.1225	−0.096%	$1.2M	$3.0M	25x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX KITE-USDT	+0.0214%	4h	0.1225	−0.080%	—	$6.5M	—	as long as short
Gate KITE_USDTshort	+0.0348%	4h	0.1226	−0.047%	$572K	$250K	25x
Aster KITEUSDT	+0.0388%	4h	0.1227	+0.048%	$8.5M	$115K	5x	as long as short