KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0258%/8h= −28.3% APRnext payment −$1.29 per $10,000 · paid last 24h −0.044%

Price spread now: MEXC against Gate−0.225%7-day average −0.047% · you buy dearer than you sell

Net, funding: paid 7d − costs−$284as in the Funding arb table

Net, price: spread back to 7d avg − costs−$297as in the Price arb table

costs, in and out, $10k−$2792.790% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.050%−$5 on $10k

Price spread, last 4 days (all we have)+0.324%+$32 · spread now −0.225%, 7d avg −0.047%

Together, before fees+0.274%+$27 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and MEXC is 0.178% cheaper against Gate than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.047%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.050% in total (about -2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.29 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	0.1198	0.0364	pay 0.0182% / 4h	1h 15m	$554K	$255K	25x
Short	MEXC KITE_USDT	0.1195	0.0106	get 0.0053% / 4h	1h 15m	$722K	$308K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.225%Rate

Funding earned: −$54.18
Price spread: −0.225% → −0.047%: −$17.83
Slippage, 4 orders: −$256.02
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$351.03
Costs to cover: 2.790%
Break-even: never at this rate

Slippage from Gate: live order book, 45 min ago; MEXC: live order book, 40 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, 45 min ago	10.38 bp	124.6 bp −$125	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 40 min ago	1.66 bp	10.1 bp −$10	36.9 bp −$369	247.2 bp −$24.7K	661.0 bp −$330.5K

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
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1194	−0.334%	$1.0M	$317K	10x	as long as short
KuCoin KITEUSDTM	+0.0100%	4h	0.1198	−0.008%	$407K	$62K	10x	as long as short
Bitget KITEUSDT	+0.0100%	4h	0.1197	−0.109%	$2.6M	$498K	10x	as long as short
Variational Omni KITE	+0.0100%	4h	0.1195	−0.237%	$10K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1195	−0.217%	$2K	$1.3M	20x	as long as short
Binance KITEUSDT	+0.0103%	4h	0.1196	−0.165%	$19.9M	$6.0M	10x	as long as short
Extended KITE-USD	+0.0104%	1h	0.1196	−0.194%	$16K	$94K	10x	as long as short
MEXC KITE_USDTshort	+0.0106%	4h	0.1195	−0.225%	$722K	$308K	50x
BloFin KITE-USDT	+0.0131%	4h	0.1197	−0.067%	$837K	$50K	10x	as long as short
Gate KITE_USDTlong	+0.0364%	4h	0.1198	long leg	$554K	$255K	25x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster KITEUSDT	+0.0408%	4h	0.1198	−0.014%	$8.3M	$98K	5x	as long as short
Bybit KITEUSDT	+0.0548%	4h	0.1195	−0.209%	$1.1M	$2.8M	25x	as long as short
BingX KITE-USDT	+0.0574%	4h	0.1195	−0.275%	—	$6.5M	—	as long as short