Funding you earn now, next payment 12:00 UTC−0.0034%/8h= −3.7% APRnext payment −$0.17 per $10,000 · paid last 24h −0.010%
Price spread now: KuCoin against BloFin−0.170%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,425as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,433as in the Price arb table
costs, in and out, $10k−$1,42314.232% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)+0.220%+$22 · spread now −0.170%, 7d avg −0.075%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.095% cheaper against BloFin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.075%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin KITE-USDT | 0.1292 | 0.0134 | pay 0.0067% / 4h | 2h 19m | $906K | $59K | 10x |
| Short | KuCoin KITEUSDTM | 0.1290 | 0.0100 | get 0.0050% / 4h | 2h 19m | $463K | $127K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. 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
- −$7.09
- Price spread: −0.170% → −0.075%
- −$9.51
- Slippage, 4 orders
- −$1,399.15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,439.76
- Costs to cover
- 14.232%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 30 min ago; KuCoin: live order book, 25 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 BloFin live order book, 30 min ago | 0.78 bp | 20.6 bp −$21 | 51.9 bp −$519 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 25 min ago | 14.43 bp | 578.0 bp −$578 | doesn't fit | doesn't fit | doesn't fit |
KITE on 13 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit KITEUSDT | +0.0100% | 4h | 0.1290 | −0.108% | $1.3M | $3.6M | 25x | as long as short |
| OKX KITE-USDT-SWAP | +0.0100% | 4h | 0.1287 | −0.356% | $1.1M | $757K | 10x | as long as short |
| KuCoin KITEUSDTMshort | +0.0100% | 4h | 0.1290 | −0.170% | $463K | $127K | 10x | |
| Bitget KITEUSDT | +0.0100% | 4h | 0.1290 | −0.116% | $2.6M | $1.3M | 10x | as long as short |
| Variational Omni KITE | +0.0100% | 4h | 0.1289 | −0.229% | $11K | $10K | — | as long as short |
| SunX KITE-USDT | +0.0100% | 4h | 0.1290 | −0.139% | $1K | $1.7M | 20x | as long as short |
| BloFin KITE-USDTlong | +0.0134% | 4h | 0.1292 | long leg | $906K | $59K | 10x | |
| BingX KITE-USDT | +0.0146% | 4h | 0.1291 | −0.093% | — | $6.6M | — | as long as short |
| MEXC KITE_USDT | +0.0152% | 4h | 0.1292 | −0.008% | $867K | $335K | 50x | as long as short |
| Binance KITEUSDT | +0.0159% | 4h | 0.1292 | −0.010% | $21.8M | $8.1M | 10x | as long as short |
Show all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended KITE-USD | +0.0160% | 1h | 0.1291 | −0.070% | $22K | $189K | 10x | as long as short |
| Aster KITEUSDT | +0.0460% | 4h | 0.1290 | −0.152% | $8.9M | $157K | 5x | as long as short |
| Gate KITE_USDT | +0.0544% | 4h | 0.1292 | +0.008% | $593K | $279K | 25x | as long as short |
BloFin KITE-USDT
KuCoin KITEUSDTM
Bybit KITEUSDT
OKX KITE-USDT-SWAP
Bitget KITEUSDT
Variational Omni KITE
SunX KITE-USDT
BingX KITE-USDT
MEXC KITE_USDT
Binance KITEUSDT
Extended KITE-USD
Aster KITEUSDT
Gate KITE_USDT