Funding you earn now, next payment 00:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.039%
Price spread now: Gate against Bitget−0.152%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$236as in the Funding arb table
Net, price: spread back to 7d avg − costs−$257as in the Price arb table
costs, in and out, $10k−$2412.408% of the position
Funding, last 7 days+0.046%+$5 on $10k
+Price spread, last 4 days (all we have)+0.116%+$12 · spread now −0.152%, 7d avg +0.013%
=Funding pays, the price is against you. Gate is 0.165% cheaper against Bitget than usual: you would sell low and buy high (spread −0.152% now, against its 7-day average of +0.013%). If the spread goes back, that is −$17 on $10k: about 28 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget KITEUSDT | 0.1186 | 0.0100 | pay 0.0050% / 4h | 1h 57m | $2.6M | $387K | 10x |
| Short | Gate KITE_USDT | 0.1184 | 0.0120 | get 0.0060% / 4h | 1h 57m | $534K | $224K | 25x |
Bitget KITEUSDT
Gate KITE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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: −0.152% → +0.013%
- −$16.52
- Slippage, 4 orders
- −$213.75
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$253.07
- Costs to cover
- 2.408%
- Break-even
- 428.8 days
Slippage from Bitget: live order book, 5 min ago; Gate: live order book, 24 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, 5 min ago | 7.18 bp | 28.2 bp −$28 | 71.4 bp −$714 | doesn't fit | doesn't fit |
| Sell Gate live order book, 24 min ago | 8.82 bp | 113.3 bp −$113 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance KITEUSDT | +0.0100% | 4h | 0.1185 | −0.099% | $19.8M | $5.9M | 10x | as long as short |
| Bybit KITEUSDT | +0.0100% | 4h | 0.1184 | −0.177% | $1.1M | $2.5M | 25x | as long as short |
| OKX KITE-USDT-SWAP | +0.0100% | 4h | 0.1183 | −0.253% | $991K | $302K | 10x | as long as short |
| MEXC KITE_USDT | +0.0100% | 4h | 0.1185 | −0.126% | $733K | $247K | 50x | as long as short |
| KuCoin KITEUSDTM | +0.0100% | 4h | 0.1184 | −0.177% | $407K | $56K | 10x | as long as short |
| Bitget KITEUSDTlong | +0.0100% | 4h | 0.1186 | long leg | $2.6M | $387K | 10x | |
| BingX KITE-USDT | +0.0100% | 4h | 0.1185 | −0.084% | — | $6.5M | — | as long as short |
| Variational Omni KITE | +0.0100% | 4h | 0.1183 | −0.299% | $10K | $13K | — | as long as short |
| SunX KITE-USDT | +0.0100% | 4h | 0.1184 | −0.160% | $1K | $1.3M | 20x | as long as short |
| Extended KITE-USD | +0.0104% | 1h | 0.1185 | −0.130% | $16K | $150K | 10x | as long as short |
Binance KITEUSDT
Bybit KITEUSDT
OKX KITE-USDT-SWAP
MEXC KITE_USDT
KuCoin KITEUSDTM
BingX KITE-USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate KITE_USDTshort | +0.0120% | 4h | 0.1184 | −0.152% | $534K | $224K | 25x | |
| BloFin KITE-USDT | +0.0131% | 4h | 0.1185 | −0.101% | $823K | $58K | 10x | as long as short |
| Aster KITEUSDT | +0.0183% | 4h | 0.1185 | −0.110% | $8.2M | $109K | 5x | as long as short |
BloFin KITE-USDT
Aster KITEUSDT