KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0770%/8h= −84.3% APRnext payment −$3.85 per $10,000 · paid last 24h −0.017%

Price spread now: KuCoin against BingX+0.090%7-day average −0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,409as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,396as in the Price arb table

costs, in and out, $10k−$1,40714.066% of the position

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.021%−$2 on $10k

Price spread, last 4 days (all we have)−0.006%−$1 · spread now +0.090%, 7d avg −0.017%

Together, before fees−0.027%−$3 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.108% dearer against BingX than usual: you sell high and buy low (spread +0.090% now, against its 7-day average of −0.017%): +$11 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 7 days (−0.021% in total) that is about 36 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.021% in total (about -1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.85 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	0.1216	0.0870	pay 0.0435% / 4h	3h 11m	—	$6.5M	—
Short	KuCoin KITEUSDTM	0.1217	0.0100	get 0.0050% / 4h	3h 11m	$416K	$60K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.090%Rate

Funding earned: −$161.7
Price spread: +0.090% → −0.017%: $10.78
Slippage, 4 orders: −$1,384.57
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,557.49
Costs to cover: 14.066%
Break-even: never at this rate

Slippage from BingX: live order book, 9 min ago; KuCoin: live order book, 40 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	6.22 bp	29.2 bp −$29	62.2 bp −$622	687.0 bp −$68.7K	1146.6 bp −$573.3K
Sell KuCoin live order book, 40 min ago	13.46 bp	557.0 bp −$557	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
BloFin KITE-USDT	+0.0099%	4h	0.1217	+0.140%	$840K	$58K	10x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1213	−0.206%	$1.0M	$311K	10x	as long as short
KuCoin KITEUSDTMshort	+0.0100%	4h	0.1217	+0.090%	$416K	$60K	10x
Bitget KITEUSDT	+0.0100%	4h	0.1216	+0.041%	$2.7M	$435K	10x	as long as short
Variational Omni KITE	+0.0100%	4h	0.1205	−0.887%	$11K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1214	−0.099%	$2K	$1.3M	20x	as long as short
Extended KITE-USD	+0.0104%	1h	0.1216	+0.018%	$17K	$93K	10x	as long as short
MEXC KITE_USDT	+0.0106%	4h	0.1216	+0.016%	$819K	$302K	50x	as long as short
Binance KITEUSDT	+0.0106%	4h	0.1216	+0.027%	$20.3M	$5.8M	10x	as long as short
Aster KITEUSDT	+0.0552%	4h	0.1214	−0.115%	$8.4M	$103K	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX KITE-USDTlong	+0.0870%	4h	0.1216	long leg	—	$6.5M	—
Gate KITE_USDT	+0.0896%	4h	0.1215	−0.025%	$547K	$226K	25x	as long as short
Bybit KITEUSDT	+0.1077%	4h	0.1216	0.000%	$1.3M	$2.6M	25x	as long as short