KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0678%/8h= +74.2% APRnext payment +$3.39 per $10,000 · paid last 24h +0.017%

Price spread now: BingX against KuCoin+0.073%7-day average +0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,435as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,432as in the Price arb table

costs, in and out, $10k−$1,43714.371% of the position

Long on KuCoin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.021%+$2 on $10k

Price spread, last 4 days (all we have)−0.154%−$15 · spread now +0.073%, 7d avg +0.018%

Together, before fees−0.133%−$13 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and BingX is 0.055% dearer against KuCoin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.018%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.021% in total (about 1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.39 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	KuCoin KITEUSDTM	0.1232	0.0100	pay 0.0050% / 4h	3h 30m	$423K	$65K	10x
Short	BingX KITE-USDT	0.1233	0.0778	get 0.0389% / 4h	3h 30m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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 KuCoinbpFee BingXbpOrdersPrice spread, now +0.073%Rate

Funding earned: $142.38
Price spread: +0.073% → +0.018%: $5.54
Slippage, 4 orders: −$1,415.09
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$1,289.17
Costs to cover: 14.371%
Break-even: 70.4 days

Slippage from KuCoin: live order book, 42 min ago; BingX: live order book, 5 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 KuCoin live order book, 42 min ago	17.78 bp	877.1 bp −$877	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 5 min ago	5.29 bp	28.0 bp −$28	72.9 bp −$729	641.8 bp −$64.2K	1213.3 bp −$606.6K

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	0.1233	+0.106%	$20.6M	$6.3M	10x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1231	−0.057%	$1.1M	$386K	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1233	+0.122%	$745K	$246K	50x	as long as short
KuCoin KITEUSDTMlong	+0.0100%	4h	0.1232	long leg	$423K	$65K	10x
Bitget KITEUSDT	+0.0100%	4h	0.1232	+0.057%	$2.8M	$599K	10x	as long as short
Variational Omni KITE	+0.0100%	4h	0.1234	+0.161%	$11K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1233	+0.097%	$2K	$1.4M	20x	as long as short
Extended KITE-USD	+0.0104%	1h	0.1233	+0.100%	$18K	$79K	10x	as long as short
BloFin KITE-USDT	+0.0120%	4h	0.1233	+0.114%	$853K	$51K	10x	as long as short
Aster KITEUSDT	+0.0459%	4h	0.1232	+0.024%	$8.5M	$96K	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX KITE-USDTshort	+0.0778%	4h	0.1233	+0.073%	—	$6.5M	—
Gate KITE_USDT	+0.0786%	4h	0.1233	+0.081%	$569K	$245K	25x	as long as short
Bybit KITEUSDT	+0.1005%	4h	0.1233	+0.097%	$1.3M	$2.9M	25x	as long as short