Funding you earn now, next payment 04:00 UTC−0.1257%/8h= −137.6% APRnext payment −$6.28 per $10,000 · paid last 24h −0.007%
Price spread now: Binance against BingX+0.048%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$860.861% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 7 days+0.011%+$1 · spread now +0.048%, 7d avg +0.022%
=The price spread pays, funding is against you. Binance is 0.026% dearer against BingX than usual: you sell high and buy low (spread +0.048% now, against its 7-day average of +0.022%): +$3 on $10k if it goes back. Holding the pair costs −$38 a day in funding at the current rate, which eats that in about 2 hours. At the pace of the last 7 days (−0.007% in total) that is about 25 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.007% in total (about -0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.28 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 | BingX KITE-USDT | 0.1196 | 0.1380 | pay 0.0690% / 4h | 2h 09m | — | $6.5M | — |
| Short | Binance KITEUSDT | 0.1196 | 0.0123 | get 0.0062% / 4h | 2h 09m | $20.0M | $5.9M | 10x |
BingX KITE-USDT
Binance KITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- −$263.9
- Price spread: +0.048% → +0.022%
- $2.58
- Slippage, 4 orders
- −$66.11
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$347.44
- Costs to cover
- 0.861%
- Break-even
- never at this rate
Slippage from BingX: live order book, 12 min ago; Binance: live order book, 1 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 BingX live order book, 12 min ago | 5.43 bp | 25.7 bp −$26 | 58.1 bp −$581 | 739.1 bp −$73.9K | doesn't fit |
| Sell Binance live order book, 1 min ago | 2.09 bp | 17.8 bp −$18 | 54.4 bp −$544 | doesn't fit | doesn't fit |
KITE on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX KITE-USDT-SWAP | +0.0100% | 4h | 0.1195 | −0.100% | $1.0M | $320K | 10x | as long as short |
| KuCoin KITEUSDTM | +0.0100% | 4h | 0.1196 | −0.008% | $411K | $59K | 10x | as long as short |
| Bitget KITEUSDT | +0.0100% | 4h | 0.1197 | +0.075% | $2.7M | $490K | 10x | as long as short |
| Variational Omni KITE | +0.0100% | 4h | 0.1199 | +0.242% | $10K | $13K | — | as long as short |
| SunX KITE-USDT | +0.0100% | 4h | 0.1198 | +0.184% | $1K | $1.3M | 20x | as long as short |
| Extended KITE-USD | +0.0120% | 1h | 0.1196 | +0.009% | $16K | $92K | 10x | as long as short |
| MEXC KITE_USDT | +0.0120% | 4h | 0.1196 | +0.042% | $743K | $310K | 50x | as long as short |
| Binance KITEUSDTshort | +0.0123% | 4h | 0.1196 | +0.048% | $20.0M | $5.9M | 10x | |
| Gate KITE_USDT | +0.0196% | 4h | 0.1197 | +0.075% | $539K | $242K | 25x | as long as short |
| Aster KITEUSDT | +0.0505% | 4h | 0.1197 | +0.117% | $8.3M | $98K | 5x | as long as short |
OKX KITE-USDT-SWAP
KuCoin KITEUSDTM
Bitget KITEUSDT
Variational Omni KITE
SunX KITE-USDT
Extended KITE-USD
MEXC KITE_USDT
Gate KITE_USDT
Aster KITEUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KITE-USDTlong | +0.1380% | 4h | 0.1196 | long leg | — | $6.5M | — | |
| Bybit KITEUSDT | +0.1486% | 4h | 0.1197 | +0.117% | $1.3M | $2.6M | 25x | as long as short |
Bybit KITEUSDT