KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.14 per $10,000 · paid last 24h +0.009%

Price spread now: BloFin against Bitget−0.209%105s7-day average −0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs−$68as 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−$690.688% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.009%+$1 on $10k

Price spread, last 3 days (all we have)+0.169%+$17 · spread now −0.209%, 7d avg −0.012%

Together, before fees+0.179%+$18 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.197% cheaper against Bitget than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.012%). Swap the legs. The two prices were read 105 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	Bitget KITEUSDT	0.1196	0.0100	pay 0.0050% / 4h	3h 41m	$2.7M	$422K	10x
Short	BloFin KITE-USDT	0.1194	0.0072	get 0.0036% / 4h	3h 41m	$821K	$57K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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 BitgetbpFee BloFinbpOrdersPrice spread, now −0.209%Rate

Funding earned: −$5.94
Price spread: −0.209% → −0.012%: −$19.73
Slippage, 4 orders: −$44.8
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$94.47
Costs to cover: 0.688%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; BloFin: live order book, 30 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 Bitget live order book, 1 min ago	7.93 bp	18.9 bp −$19	65.7 bp −$657	doesn't fit	doesn't fit
Sell BloFin live order book, 30 min ago	2.10 bp	16.6 bp −$17	35.3 bp −$353	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-USDTshort	+0.0072%	4h	0.1194	−0.209%	$821K	$57K	10x
Binance KITEUSDT	+0.0100%	4h	0.1195	−0.134%	$19.9M	$5.7M	10x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1195	−0.142%	$1.0M	$304K	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1195	−0.125%	$767K	$294K	50x	as long as short
KuCoin KITEUSDTM	+0.0100%	4h	0.1194	−0.209%	$409K	$60K	10x	as long as short
Bitget KITEUSDTlong	+0.0100%	4h	0.1196	long leg	$2.7M	$422K	10x
Variational Omni KITE	+0.0100%	4h	0.1191	−0.471%	$10K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1195	−0.142%	$1K	$1.2M	20x	as long as short
Extended KITE-USD	+0.0104%	1h	0.1195	−0.156%	$16K	$148K	10x	as long as short
BingX KITE-USDT	+0.0370%	4h	0.1195	−0.142%	—	$6.5M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster KITEUSDT	+0.0413%	4h	0.1194	−0.235%	$8.3M	$100K	5x	as long as short
Bybit KITEUSDT	+0.0643%	4h	0.1195	−0.117%	$1.1M	$2.5M	25x	as long as short
Gate KITE_USDT	+0.0780%	4h	0.1195	−0.084%	$539K	$215K	25x	as long as short