KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0296%/8h= −32.4% APRnext payment −$1.48 per $10,000 · paid last 24h −0.039%

Price spread now: Bitget against Gate+0.101%7-day average −0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$207as in the Funding arb table

Net, price: spread back to 7d avg − costs−$191as in the Price arb table

costs, in and out, $10k−$2022.023% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.046%−$5 on $10k

Price spread, last 4 days (all we have)−0.126%−$13 · spread now +0.101%, 7d avg −0.009%

Together, before fees−0.172%−$17 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.110% dearer against Gate than usual: you sell high and buy low (spread +0.101% now, against its 7-day average of −0.009%): +$11 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 30 hours. At the pace of the last 7 days (−0.046% in total) that is about 17 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.046% in total (about -2.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.48 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	0.0396	pay 0.0198% / 4h	15m 59s	$537K	$229K	25x
Short	Bitget KITEUSDT	0.1193	0.0100	get 0.0050% / 4h	15m 59s	$2.6M	$393K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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 GatebpFee BitgetbpOrdersPrice spread, now +0.101%Rate

Funding earned: −$62.16
Price spread: +0.101% → −0.009%: $10.99
Slippage, 4 orders: −$175.3
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$253.47
Costs to cover: 2.023%
Break-even: never at this rate

Slippage from Gate: live order book, 60 min ago; Bitget: live order book, 1 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, 60 min ago	7.14 bp	72.9 bp −$73	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	6.71 bp	33.9 bp −$34	62.8 bp −$628	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	+0.025%	$19.9M	$5.8M	10x	as long as short
Bybit KITEUSDT	+0.0100%	4h	0.1191	−0.050%	$1.1M	$2.5M	25x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1189	−0.218%	$998K	$302K	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1192	+0.017%	$721K	$248K	50x	as long as short
KuCoin KITEUSDTM	+0.0100%	4h	0.1190	−0.126%	$410K	$60K	10x	as long as short
Bitget KITEUSDTshort	+0.0100%	4h	0.1193	+0.101%	$2.6M	$393K	10x
BingX KITE-USDT	+0.0100%	4h	0.1192	+0.008%	—	$6.5M	—	as long as short
Variational Omni KITE	+0.0100%	4h	0.1192	+0.002%	$10K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1191	−0.076%	$1K	$1.3M	20x	as long as short
Extended KITE-USD	+0.0104%	1h	0.1192	+0.015%	$16K	$150K	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-USDT	+0.0134%	4h	0.1191	−0.017%	$822K	$57K	10x	as long as short
Aster KITEUSDT	+0.0367%	4h	0.1191	−0.076%	$8.2M	$103K	5x	as long as short
Gate KITE_USDTlong	+0.0396%	4h	0.1192	long leg	$537K	$229K	25x