KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0332%/8h= −36.4% APRnext payment −$1.66 per $10,000 · paid last 24h −0.021%

Price spread now: Bybit against Gate0.000%7-day average −0.073% · you sell dearer than you buy

Net, funding: paid 7d − costs−$277as in the Funding arb table

Net, price: spread back to 7d avg − costs−$265as in the Price arb table

costs, in and out, $10k−$2722.721% of the position

Long on Gate Short on Bybit

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)+0.035%+$4 · spread now 0.000%, 7d avg −0.073%

Together, before fees−0.010%−$1 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.073% dearer against Gate than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.073%): +$7 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 18 hours. At the pace of the last 7 days (−0.045% in total) that is about 11 days.

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 −$1.66 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	0.1194	0.0432	pay 0.0216% / 4h	1h 00m	$539K	$228K	25x
Short	Bybit KITEUSDT	0.1194	0.0100	get 0.0050% / 4h	1h 00m	$1.1M	$2.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$69.72
Price spread: 0.000% → −0.073%: $7.32
Slippage, 4 orders: −$246.14
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$334.54
Costs to cover: 2.721%
Break-even: never at this rate

Slippage from Gate: live order book, 15 min ago; Bybit: 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, 15 min ago	7.14 bp	72.9 bp −$73	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	1.26 bp	61.7 bp −$62	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	+0.0064%	4h	0.1194	−0.008%	$823K	$58K	10x	as long as short
Binance KITEUSDT	+0.0100%	4h	0.1195	+0.075%	$19.9M	$5.8M	10x	as long as short
Bybit KITEUSDTshort	+0.0100%	4h	0.1194	0.000%	$1.1M	$2.5M	25x
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1192	−0.184%	$1.0M	$302K	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1195	+0.084%	$740K	$250K	50x	as long as short
KuCoin KITEUSDTM	+0.0100%	4h	0.1193	−0.100%	$407K	$59K	10x	as long as short
Bitget KITEUSDT	+0.0100%	4h	0.1196	+0.184%	$2.7M	$391K	10x	as long as short
BingX KITE-USDT	+0.0100%	4h	0.1194	+0.025%	—	$6.5M	—	as long as short
Variational Omni KITE	+0.0100%	4h	0.1192	−0.214%	$10K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1193	−0.100%	$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	0.1195	+0.054%	$16K	$150K	10x	as long as short
Aster KITEUSDT	+0.0301%	4h	0.1193	−0.105%	$8.3M	$101K	5x	as long as short
Gate KITE_USDTlong	+0.0432%	4h	0.1194	long leg	$539K	$228K	25x