KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0208%/8h= +22.8% APRnext payment +$1.04 per $10,000 · paid last 24h +0.021%

Price spread now: Gate against Bybit+0.144%7-day average +0.074% · you sell dearer than you buy

Net, funding: paid 7d − costs−$300as in the Funding arb table

Net, price: spread back to 7d avg − costs−$298as in the Price arb table

costs, in and out, $10k−$3053.049% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.045%+$5 on $10k

Price spread, last 4 days (all we have)−0.287%−$29 · spread now +0.144%, 7d avg +0.074%

Together, before fees−0.242%−$24 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Gate is 0.070% dearer against Bybit than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.074%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.045% in total (about 2.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.04 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit KITEUSDT	0.1183	0.0100	pay 0.0050% / 4h	2h 15m	$1.2M	$2.6M	25x
Short	Gate KITE_USDT	0.1185	0.0308	get 0.0154% / 4h	2h 15m	$534K	$228K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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 BybitbpFee GatebpOrdersPrice spread, now +0.144%Rate

Funding earned: $43.68
Price spread: +0.144% → +0.074%: $6.97
Slippage, 4 orders: −$278.87
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$254.21
Costs to cover: 3.049%
Break-even: 47.7 days

Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 6 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 Bybit live order book, 2 min ago	5.48 bp	63.6 bp −$64	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 6 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
BloFin KITE-USDT	+0.0043%	4h	0.1186	+0.203%	$818K	$58K	10x	as long as short
Binance KITEUSDT	+0.0100%	4h	0.1184	+0.083%	$19.8M	$5.9M	10x	as long as short
Bybit KITEUSDTlong	+0.0100%	4h	0.1183	long leg	$1.2M	$2.6M	25x
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1182	−0.135%	$990K	$305K	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1184	+0.051%	$733K	$255K	50x	as long as short
KuCoin KITEUSDTM	+0.0100%	4h	0.1186	+0.203%	$408K	$56K	10x	as long as short
Bitget KITEUSDT	+0.0100%	4h	0.1185	+0.135%	$2.6M	$387K	10x	as long as short
BingX KITE-USDT	+0.0100%	4h	0.1183	0.000%	—	$6.5M	—	as long as short
Variational Omni KITE	+0.0100%	4h	0.1184	+0.084%	$10K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1184	+0.025%	$1K	$1.3M	20x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended KITE-USD	+0.0104%	1h	0.1184	+0.089%	$16K	$150K	10x	as long as short
Aster KITEUSDT	+0.0281%	4h	0.1186	+0.185%	$8.2M	$112K	5x	as long as short
Gate KITE_USDTshort	+0.0308%	4h	0.1185	+0.144%	$534K	$228K	25x