Funding you earn now, next payment 04:00 UTC−0.0336%/8h= −36.8% APRnext payment −$1.68 per $10,000 · paid last 24h −0.044%
Price spread now: Binance against Gate−0.025%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$291as in the Funding arb table
Net, price: spread back to 7d avg − costs−$284as in the Price arb table
costs, in and out, $10k−$2862.860% of the position
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 4 days (all we have)+0.022%+$2 · spread now −0.025%, 7d avg −0.041%
=The price spread sits at its 7-day average of −0.041%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.051% in total (about -2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.68 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 | Gate KITE_USDT | 0.1192 | 0.0436 | pay 0.0218% / 4h | 3h 46m | $538K | $214K | 25x |
| Short | Binance KITEUSDT | 0.1192 | 0.0100 | get 0.0050% / 4h | 3h 46m | $19.8M | $5.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- −$70.56
- Price spread: −0.025% → −0.041%
- $1.6
- Slippage, 4 orders
- −$261.01
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$354.96
- Costs to cover
- 2.860%
- Break-even
- never at this rate
Slippage from Gate: live order book, 24 min ago; Binance: live order book, 10 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 Gate live order book, 24 min ago | 7.97 bp | 113.2 bp −$113 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 1.68 bp | 15.5 bp −$16 | 46.5 bp −$465 | 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 | +0.0063% | 4h | 0.1191 | −0.067% | $823K | $57K | 10x | as long as short |
| Binance KITEUSDTshort | +0.0100% | 4h | 0.1192 | −0.025% | $19.8M | $5.7M | 10x | |
| OKX KITE-USDT-SWAP | +0.0100% | 4h | 0.1191 | −0.076% | $1.0M | $304K | 10x | as long as short |
| MEXC KITE_USDT | +0.0100% | 4h | 0.1191 | −0.034% | $765K | $294K | 50x | as long as short |
| KuCoin KITEUSDTM | +0.0100% | 4h | 0.1192 | −0.025% | $408K | $60K | 10x | as long as short |
| Bitget KITEUSDT | +0.0100% | 4h | 0.1193 | +0.126% | $2.6M | $414K | 10x | as long as short |
| Variational Omni KITE | +0.0100% | 4h | 0.1191 | −0.087% | $10K | $13K | — | as long as short |
| SunX KITE-USDT | +0.0100% | 4h | 0.1190 | −0.134% | $2K | $1.3M | 20x | as long as short |
| Extended KITE-USD | +0.0104% | 1h | 0.1191 | −0.047% | $16K | $148K | 10x | as long as short |
| Bybit KITEUSDT | +0.0273% | 4h | 0.1191 | −0.059% | $1.1M | $2.5M | 25x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KITEUSDT | +0.0378% | 4h | 0.1192 | +0.024% | $8.3M | $100K | 5x | as long as short |
| Gate KITE_USDTlong | +0.0436% | 4h | 0.1192 | long leg | $538K | $214K | 25x | |
| BingX KITE-USDT | +0.0448% | 4h | 0.1191 | −0.050% | — | $6.5M | — | as long as short |
Gate KITE_USDT
Binance KITEUSDT
BloFin KITE-USDT
OKX KITE-USDT-SWAP
MEXC KITE_USDT
KuCoin KITEUSDTM
Bitget KITEUSDT
Variational Omni KITE
SunX KITE-USDT
Extended KITE-USD
Bybit KITEUSDT
Aster KITEUSDT
BingX KITE-USDT