KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.1232%/8h= −134.9% APRnext payment −$6.16 per $10,000 · paid last 24h −0.017%

Price spread now: Bitget against BingX−0.109%7-day average +0.085% · you buy dearer than you sell

Net, funding: paid 7d − costs−$111as in the Funding arb table

Net, price: spread back to 7d avg − costs−$129as in the Price arb table

costs, in and out, $10k−$1101.097% of the position

Long on BingX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.017%−$2 on $10k

Price spread, last 7 days+0.203%+$20 · spread now −0.109%, 7d avg +0.085%

Together, before fees+0.186%+$19 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$37 a day on $10k at the current rate, and Bitget is 0.194% cheaper against BingX than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of +0.085%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.017% in total (about -0.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.16 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	0.1332	pay 0.0666% / 4h	1h 45m	—	$6.5M	—
Short	Bitget KITEUSDT	0.1194	0.0100	get 0.0050% / 4h	1h 45m	$2.6M	$486K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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 BingXbpFee BitgetbpOrdersPrice spread, now −0.109%Rate

Funding earned: −$258.72
Price spread: −0.109% → +0.085%: −$19.42
Slippage, 4 orders: −$87.7
Fee BingX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$387.84
Costs to cover: 1.097%
Break-even: never at this rate

Slippage from BingX: live order book, 5 min ago; Bitget: live order book, 2 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, 5 min ago	5.85 bp	28.6 bp −$29	58.7 bp −$587	763.4 bp −$76.3K	doesn't fit
Sell Bitget live order book, 2 min ago	8.79 bp	20.2 bp −$20	69.4 bp −$694	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
BloFin KITE-USDT	+0.0070%	4h	0.1190	−0.435%	$833K	$52K	10x	as long as short
Binance KITEUSDT	+0.0100%	4h	0.1196	+0.009%	$20.0M	$6.0M	10x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1194	−0.125%	$1.0M	$314K	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1195	−0.050%	$737K	$304K	50x	as long as short
KuCoin KITEUSDTM	+0.0100%	4h	0.1193	−0.184%	$408K	$59K	10x	as long as short
Bitget KITEUSDTshort	+0.0100%	4h	0.1194	−0.109%	$2.6M	$486K	10x
Variational Omni KITE	+0.0100%	4h	0.1190	−0.457%	$10K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1195	−0.059%	$2K	$1.3M	20x	as long as short
Extended KITE-USD	+0.0104%	1h	0.1195	−0.017%	$18K	$94K	10x	as long as short
Gate KITE_USDT	+0.0212%	4h	0.1194	−0.142%	$552K	$252K	25x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster KITEUSDT	+0.0450%	4h	0.1192	−0.285%	$8.3M	$97K	5x	as long as short
Bybit KITEUSDT	+0.1249%	4h	0.1195	−0.075%	$1.2M	$2.8M	25x	as long as short
BingX KITE-USDTlong	+0.1332%	4h	0.1196	long leg	—	$6.5M	—