KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0270%/8h= +29.6% APRnext payment +$1.35 per $10,000 · paid last 24h +0.007%

Price spread now: BingX against MEXC−0.017%7-day average −0.042% · you buy dearer than you sell

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$520.524% of the position

Long on MEXC Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.007%+$1 on $10k

Price spread, last 4 days (all we have)−0.029%−$3 · spread now −0.017%, 7d avg −0.042%

Together, before fees−0.021%−$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and BingX is 0.026% dearer against MEXC than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.042%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.007% in total (about 0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.35 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	MEXC KITE_USDT	0.1195	0.0100	pay 0.0050% / 4h	3h 40m	$767K	$294K	50x
Short	BingX KITE-USDT	0.1195	0.0370	get 0.0185% / 4h	3h 40m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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 MEXCbpFee BingXbpOrdersPrice spread, now −0.017%Rate

Funding earned: $56.7
Price spread: −0.017% → −0.042%: $2.56
Slippage, 4 orders: −$34.4
Fee MEXC: 4 bp × 2 orders: −$8
Fee BingX: 5 bp × 2 orders: −$10
Net: $6.86
Costs to cover: 0.524%
Break-even: 6.2 days

Slippage from MEXC: live order book, 25 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 MEXC live order book, 25 min ago	1.26 bp	5.3 bp −$5	32.5 bp −$325	235.5 bp −$23.5K	634.6 bp −$317.3K
Sell BingX live order book, 5 min ago	5.88 bp	15.9 bp −$16	18.8 bp −$188	237.3 bp −$23.7K	900.2 bp −$450.1K

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	+0.0080%	4h	0.1196	+0.109%	$823K	$57K	10x	as long as short
Binance KITEUSDT	+0.0100%	4h	0.1195	−0.007%	$19.9M	$5.7M	10x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1195	−0.017%	$1.0M	$304K	10x	as long as short
MEXC KITE_USDTlong	+0.0100%	4h	0.1195	long leg	$767K	$294K	50x
KuCoin KITEUSDTM	+0.0100%	4h	0.1194	−0.084%	$409K	$60K	10x	as long as short
Bitget KITEUSDT	+0.0100%	4h	0.1196	+0.126%	$2.7M	$422K	10x	as long as short
Variational Omni KITE	+0.0100%	4h	0.1195	−0.015%	$10K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1193	−0.126%	$1K	$1.3M	20x	as long as short
Extended KITE-USD	+0.0104%	1h	0.1195	−0.025%	$16K	$148K	10x	as long as short
BingX KITE-USDTshort	+0.0370%	4h	0.1195	−0.017%	—	$6.5M	—

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster KITEUSDT	+0.0416%	4h	0.1194	−0.106%	$8.3M	$100K	5x	as long as short
Bybit KITEUSDT	+0.0643%	4h	0.1194	−0.092%	$1.1M	$2.5M	25x	as long as short
Gate KITE_USDT	+0.0780%	4h	0.1195	+0.008%	$539K	$215K	25x	as long as short