KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0043%/8h= −4.7% APRnext payment −$0.21 per $10,000 · paid last 24h −0.006%

Price spread now: OKX against BloFin−0.075%7-day average −0.181% · you buy dearer than you sell

Net, funding: paid 7d − costs−$104as in the Funding arb table

Net, price: spread back to 7d avg − costs−$89as in the Price arb table

costs, in and out, $10k−$1000.999% of the position

Long on BloFin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.039%−$4 on $10k

Price spread, last 3 days (all we have)−0.048%−$5 · spread now −0.075%, 7d avg −0.181%

Together, before fees−0.087%−$9 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.105% dearer against BloFin than usual: you sell high and buy low (spread −0.075% now, against its 7-day average of −0.181%): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.2 days. At the pace of the last 7 days (−0.039% in total) that is about 19 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin KITE-USDT	0.1192	0.0143	pay 0.0071% / 4h	3h 58m	$821K	$57K	10x
Short	OKX KITE-USDT-SWAP	0.1191	0.0100	get 0.0050% / 4h	3h 58m	$1.0M	$302K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.075%Rate

Funding earned: −$8.98
Price spread: −0.075% → −0.181%: $10.55
Slippage, 4 orders: −$77.9
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$98.34
Costs to cover: 0.999%
Break-even: never at this rate

Slippage from BloFin: live order book, 13 min ago; OKX: live order book, 13 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, 13 min ago	2.10 bp	10.6 bp −$11	31.7 bp −$317	doesn't fit	doesn't fit
Sell OKX live order book, 13 min ago	7.99 bp	36.9 bp −$37	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	0.1192	−0.008%	$19.9M	$5.7M	10x	as long as short
Bybit KITEUSDT	+0.0100%	4h	0.1192	−0.017%	$1.1M	$2.5M	25x	as long as short
OKX KITE-USDT-SWAPshort	+0.0100%	4h	0.1191	−0.075%	$1.0M	$302K	10x
MEXC KITE_USDT	+0.0100%	4h	0.1192	−0.008%	$786K	$281K	50x	as long as short
KuCoin KITEUSDTM	+0.0100%	4h	0.1193	+0.059%	$411K	$59K	10x	as long as short
Bitget KITEUSDT	+0.0100%	4h	0.1193	+0.067%	$2.6M	$371K	10x	as long as short
BingX KITE-USDT	+0.0100%	4h	0.1192	0.000%	—	$6.5M	—	as long as short
Variational Omni KITE	+0.0100%	4h	0.1191	−0.068%	$10K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1190	−0.201%	$2K	$1.2M	20x	as long as short
Extended KITE-USD	+0.0104%	1h	0.1192	−0.029%	$16K	$146K	10x	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	+0.0143%	4h	0.1192	long leg	$821K	$57K	10x
Gate KITE_USDT	+0.0202%	4h	0.1191	−0.075%	$537K	$212K	25x	as long as short
Aster KITEUSDT	+0.0393%	4h	0.1192	+0.017%	$8.3M	$101K	5x	as long as short