KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0208%/8h= +22.8% APRnext payment +$1.04 per $10,000 · paid last 24h +0.039%

Price spread now: Gate against KuCoin+0.109%7-day average +0.109% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,746as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,751as in the Price arb table

costs, in and out, $10k−$1,75117.507% of the position

Long on KuCoin Short on Gate

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)−0.112%−$11 · spread now +0.109%, 7d avg +0.109%

Together, before fees−0.063%−$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.109%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

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 +$1.04 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	0.1190	0.0100	pay 0.0050% / 4h	1h 38m	$409K	$56K	10x
Short	Gate KITE_USDT	0.1191	0.0308	get 0.0154% / 4h	1h 38m	$537K	$225K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.109%Rate

Funding earned: $43.68
Price spread: +0.109% → +0.109%: $0
Slippage, 4 orders: −$1,723.71
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$1,707.04
Costs to cover: 17.507%
Break-even: 280.6 days

Slippage from KuCoin: live order book, 33 min ago; Gate: live order book, 43 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, 33 min ago	10.57 bp	1075.6 bp −$1,076	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 43 min ago	8.82 bp	113.3 bp −$113	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
Binance KITEUSDT	+0.0100%	4h	0.1189	−0.058%	$19.9M	$5.8M	10x	as long as short
Bybit KITEUSDT	+0.0100%	4h	0.1189	−0.067%	$1.1M	$2.5M	25x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1189	−0.109%	$995K	$303K	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1190	−0.017%	$737K	$248K	50x	as long as short
KuCoin KITEUSDTMlong	+0.0100%	4h	0.1190	long leg	$409K	$56K	10x
Bitget KITEUSDT	+0.0100%	4h	0.1191	+0.101%	$2.6M	$399K	10x	as long as short
BingX KITE-USDT	+0.0100%	4h	0.1190	−0.042%	—	$6.5M	—	as long as short
Variational Omni KITE	+0.0100%	4h	0.1187	−0.268%	$10K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1189	−0.084%	$2K	$1.3M	20x	as long as short
Extended KITE-USD	+0.0104%	1h	0.1190	−0.041%	$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-USDT	+0.0119%	4h	0.1192	+0.118%	$822K	$58K	10x	as long as short
Aster KITEUSDT	+0.0238%	4h	0.1191	+0.112%	$8.3M	$109K	5x	as long as short
Gate KITE_USDTshort	+0.0308%	4h	0.1191	+0.109%	$537K	$225K	25x