KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0045%/8h= −4.9% APRnext payment −$0.22 per $10,000 · paid last 24h −0.002%

Price spread now: MEXC against BloFin−0.032%64s7-day average −0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$58as 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−$580.584% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 4 days (all we have)+0.030%+$3 · spread now −0.032%, 7d avg −0.018%

Together, before fees+0.031%+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.018%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 64 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	BloFin KITE-USDT	0.1254	0.0145	pay 0.0072% / 4h	1h 34m	$859K	$52K	10x
Short	MEXC KITE_USDT	0.1254	0.0100	get 0.0050% / 4h	1h 34m	$919K	$263K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against BloFin. 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 BloFinbpFee MEXCbpOrdersPrice spread, now −0.032%Rate

Funding earned: −$9.45
Price spread: −0.032% → −0.018%: −$1.41
Slippage, 4 orders: −$38.44
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$69.29
Costs to cover: 0.584%
Break-even: never at this rate

Slippage from BloFin: live order book, 53 min ago; MEXC: live order book, 2 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, 53 min ago	1.24 bp	18.1 bp −$18	39.5 bp −$395	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	1.20 bp	11.7 bp −$12	68.9 bp −$689	219.3 bp −$21.9K	569.5 bp −$284.7K

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	0.1253	−0.048%	$21.1M	$7.0M	10x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1252	−0.191%	$1.1M	$501K	10x	as long as short
MEXC KITE_USDTshort	+0.0100%	4h	0.1254	−0.032%	$919K	$263K	50x
KuCoin KITEUSDTM	+0.0100%	4h	0.1253	−0.072%	$440K	$86K	10x	as long as short
Bitget KITEUSDT	+0.0100%	4h	0.1254	−0.024%	$2.8M	$802K	10x	as long as short
BingX KITE-USDT	+0.0100%	4h	0.1253	−0.096%	—	$6.5M	—	as long as short
Variational Omni KITE	+0.0100%	4h	0.1255	+0.066%	$11K	$11K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1253	−0.120%	$2K	$1.5M	20x	as long as short
Extended KITE-USD	+0.0104%	1h	0.1253	−0.114%	$19K	$186K	10x	as long as short
Bybit KITEUSDT	+0.0105%	4h	0.1253	−0.080%	$1.2M	$3.1M	25x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin KITE-USDTlong	+0.0145%	4h	0.1254	long leg	$859K	$52K	10x
Gate KITE_USDT	+0.0398%	4h	0.1255	+0.048%	$584K	$257K	25x	as long as short
Aster KITEUSDT	+0.0404%	4h	0.1255	+0.099%	$8.7M	$117K	5x	as long as short