KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0078%/8h= −8.6% APRnext payment −$0.39 per $10,000 · paid last 24h −0.033%

Price spread now: BloFin against Gate+0.160%63s7-day average −0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$221as 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−$2172.171% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.041%−$4 on $10k

Price spread, last 3 days (all we have)−0.264%−$26 · spread now +0.160%, 7d avg −0.020%

Together, before fees−0.305%−$30 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.180% dearer against Gate than usual: you sell high and buy low (spread +0.160% now, against its 7-day average of −0.020%): +$18 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.7 days. At the pace of the last 7 days (−0.041% in total) that is about 31 days. The two prices were read 63 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	Gate KITE_USDT	0.1186	0.0200	pay 0.0100% / 4h	1h 54m	$534K	$224K	25x
Short	BloFin KITE-USDT	0.1188	0.0122	get 0.0061% / 4h	1h 54m	$822K	$58K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.160%Rate

Funding earned: −$16.43
Price spread: +0.160% → −0.020%: $18.02
Slippage, 4 orders: −$190.07
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$215.48
Costs to cover: 2.171%
Break-even: never at this rate

Slippage from Gate: live order book, 27 min ago; BloFin: live order book, 28 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, 27 min ago	8.82 bp	70.7 bp −$71	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 28 min ago	1.68 bp	18.4 bp −$18	39.1 bp −$391	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	0.1186	+0.051%	$19.8M	$5.8M	10x	as long as short
Bybit KITEUSDT	+0.0100%	4h	0.1186	+0.025%	$1.1M	$2.5M	25x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1185	−0.042%	$992K	$302K	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1186	+0.042%	$734K	$247K	50x	as long as short
KuCoin KITEUSDTM	+0.0100%	4h	0.1186	+0.059%	$408K	$56K	10x	as long as short
Bitget KITEUSDT	+0.0100%	4h	0.1188	+0.160%	$2.6M	$387K	10x	as long as short
BingX KITE-USDT	+0.0100%	4h	0.1186	+0.008%	—	$6.5M	—	as long as short
Variational Omni KITE	+0.0100%	4h	0.1187	+0.110%	$10K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1189	+0.253%	$1K	$1.3M	20x	as long as short
Extended KITE-USD	+0.0104%	1h	0.1186	+0.067%	$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-USDTshort	+0.0122%	4h	0.1188	+0.160%	$822K	$58K	10x
Aster KITEUSDT	+0.0198%	4h	0.1188	+0.154%	$8.2M	$109K	5x	as long as short
Gate KITE_USDTlong	+0.0200%	4h	0.1186	long leg	$534K	$224K	25x