Funding you earn now, next payment 00:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h −0.012%
Price spread now: BloFin against BingX+0.210%111s7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$680.675% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 3 days (all we have)−0.170%−$17 · spread now +0.210%, 7d avg +0.069%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.141% dearer against BingX than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.069%. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX KITE-USDT | 0.1189 | 0.0100 | pay 0.0050% / 4h | 27m 24s | — | $6.5M | — |
| Short | BloFin KITE-USDT | 0.1192 | 0.0120 | get 0.0060% / 4h | 27m 24s | $822K | $57K | 10x |
BingX KITE-USDT
BloFin KITE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $4.2
- Price spread: +0.210% → +0.069%
- $14.15
- Slippage, 4 orders
- −$45.53
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$49.18
- Costs to cover
- 0.675%
- Break-even
- 89.1 days
Slippage from BingX: live order book, 9 min ago; BloFin: live order book, 49 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, 9 min ago | 5.45 bp | 18.1 bp −$18 | 52.3 bp −$523 | 917.6 bp −$91.8K | doesn't fit |
| Sell BloFin live order book, 49 min ago | 0.84 bp | 20.2 bp −$20 | 39.9 bp −$399 | 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 KITEUSDT | +0.0100% | 4h | 0.1190 | +0.016% | $19.8M | $5.7M | 10x | as long as short |
| Bybit KITEUSDT | +0.0100% | 4h | 0.1189 | −0.034% | $1.1M | $2.5M | 25x | as long as short |
| OKX KITE-USDT-SWAP | +0.0100% | 4h | 0.1188 | −0.126% | $995K | $302K | 10x | as long as short |
| MEXC KITE_USDT | +0.0100% | 4h | 0.1190 | +0.008% | $736K | $244K | 50x | as long as short |
| KuCoin KITEUSDTM | +0.0100% | 4h | 0.1189 | 0.000% | $410K | $60K | 10x | as long as short |
| Bitget KITEUSDT | +0.0100% | 4h | 0.1191 | +0.151% | $2.6M | $393K | 10x | as long as short |
| BingX KITE-USDTlong | +0.0100% | 4h | 0.1189 | long leg | — | $6.5M | — | |
| Variational Omni KITE | +0.0100% | 4h | 0.1191 | +0.140% | $10K | $13K | — | as long as short |
| SunX KITE-USDT | +0.0100% | 4h | 0.1188 | −0.084% | $2K | $1.2M | 20x | as long as short |
| Extended KITE-USD | +0.0104% | 1h | 0.1188 | −0.077% | $16K | $150K | 10x | as long as short |
Binance KITEUSDT
Bybit KITEUSDT
OKX KITE-USDT-SWAP
MEXC KITE_USDT
KuCoin KITEUSDTM
Bitget KITEUSDT
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 | +0.0120% | 4h | 0.1192 | +0.210% | $822K | $57K | 10x | |
| Aster KITEUSDT | +0.0386% | 4h | 0.1190 | +0.042% | $8.2M | $102K | 5x | as long as short |
| Gate KITE_USDT | +0.0410% | 4h | 0.1190 | +0.059% | $536K | $228K | 25x | as long as short |
Aster KITEUSDT
Gate KITE_USDT