Funding you earn now, next payment 04:00 UTC−0.0118%/8h= −12.9% APRnext payment −$0.59 per $10,000 · paid last 24h −0.053%
Price spread now: OKX against Gate−0.025%7-day average −0.194% · you buy dearer than you sell
Net, funding: paid 7d − costs−$332as in the Funding arb table
Net, price: spread back to 7d avg − costs−$306as in the Price arb table
costs, in and out, $10k−$3233.227% of the position
Funding, last 7 days−0.089%−$9 on $10k
+Price spread, last 4 days (all we have)+0.384%+$38 · spread now −0.025%, 7d avg −0.194%
=The price spread pays, funding is against you. OKX is 0.169% dearer against Gate than usual: you sell high and buy low (spread −0.025% now, against its 7-day average of −0.194%): +$17 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 4.8 days. At the pace of the last 7 days (−0.089% in total) that is about 13 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate KITE_USDT | 0.1195 | 0.0218 | pay 0.0109% / 4h | 1h 44m | $553K | $254K | 25x |
| Short | OKX KITE-USDT-SWAP | 0.1195 | 0.0100 | get 0.0050% / 4h | 1h 44m | $1.0M | $316K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$24.78
- Price spread: −0.025% → −0.194%
- $16.88
- Slippage, 4 orders
- −$297.7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$330.6
- Costs to cover
- 3.227%
- Break-even
- never at this rate
Slippage from Gate: live order book, 17 min ago; OKX: live order book, 2 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, 17 min ago | 10.38 bp | 124.6 bp −$125 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 6.30 bp | 38.1 bp −$38 | 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 | +0.0070% | 4h | 0.1190 | −0.402% | $833K | $52K | 10x | as long as short |
| Binance KITEUSDT | +0.0100% | 4h | 0.1196 | +0.059% | $20.0M | $6.0M | 10x | as long as short |
| OKX KITE-USDT-SWAPshort | +0.0100% | 4h | 0.1195 | −0.025% | $1.0M | $316K | 10x | |
| MEXC KITE_USDT | +0.0100% | 4h | 0.1196 | +0.059% | $738K | $305K | 50x | as long as short |
| KuCoin KITEUSDTM | +0.0100% | 4h | 0.1196 | +0.050% | $409K | $59K | 10x | as long as short |
| Bitget KITEUSDT | +0.0100% | 4h | 0.1195 | −0.042% | $2.6M | $486K | 10x | as long as short |
| Variational Omni KITE | +0.0100% | 4h | 0.1190 | −0.423% | $10K | $13K | — | as long as short |
| SunX KITE-USDT | +0.0100% | 4h | 0.1195 | −0.042% | $1K | $1.3M | 20x | as long as short |
| Extended KITE-USD | +0.0104% | 1h | 0.1195 | +0.023% | $18K | $94K | 10x | as long as short |
| Gate KITE_USDTlong | +0.0218% | 4h | 0.1195 | long leg | $553K | $254K | 25x |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KITEUSDT | +0.0442% | 4h | 0.1196 | +0.074% | $8.3M | $97K | 5x | as long as short |
| Bybit KITEUSDT | +0.1216% | 4h | 0.1195 | −0.017% | $1.2M | $2.8M | 25x | as long as short |
| BingX KITE-USDT | +0.1332% | 4h | 0.1195 | +0.008% | — | $6.5M | — | as long as short |
Gate KITE_USDT
OKX KITE-USDT-SWAP
BloFin KITE-USDT
Binance KITEUSDT
MEXC KITE_USDT
KuCoin KITEUSDTM
Bitget KITEUSDT
Variational Omni KITE
SunX KITE-USDT
Extended KITE-USD
Aster KITEUSDT
Bybit KITEUSDT
BingX KITE-USDT