Funding you earn now, next payment 00:00 UTC+0.0041%/8h= +4.5% APRnext payment +$0.21 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against MEXC+0.084%109s7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$420.423% of the position
Funding, last 7 days−0.005%$0 on $10k
+Price spread, last 3 days (all we have)−0.061%−$6 · spread now +0.084%, 7d avg +0.026%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.058% dearer against MEXC than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.026%. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC KITE_USDT | 0.1192 | 0.0100 | pay 0.0050% / 4h | 3h 59m | $786K | $281K | 50x |
| Short | BloFin KITE-USDT | 0.1193 | 0.0141 | get 0.0071% / 4h | 3h 59m | $822K | $57K | 10x |
MEXC KITE_USDT
BloFin KITE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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
- $8.64
- Price spread: +0.084% → +0.026%
- $5.77
- Slippage, 4 orders
- −$22.34
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$27.93
- Costs to cover
- 0.423%
- Break-even
- 29.6 days
Slippage from MEXC: live order book, 6 min ago; BloFin: live order book, 12 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, 6 min ago | 1.26 bp | 5.3 bp −$5 | 32.5 bp −$325 | 235.5 bp −$23.5K | 634.6 bp −$317.3K |
| Sell BloFin live order book, 12 min ago | 2.10 bp | 16.6 bp −$17 | 35.3 bp −$353 | 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 | 0.1192 | +0.034% | $19.9M | $5.7M | 10x | as long as short |
| Bybit KITEUSDT | +0.0100% | 4h | 0.1192 | +0.025% | $1.1M | $2.5M | 25x | as long as short |
| OKX KITE-USDT-SWAP | +0.0100% | 4h | 0.1192 | +0.025% | $1.0M | $302K | 10x | as long as short |
| MEXC KITE_USDTlong | +0.0100% | 4h | 0.1192 | long leg | $786K | $281K | 50x | |
| KuCoin KITEUSDTM | +0.0100% | 4h | 0.1192 | +0.067% | $411K | $59K | 10x | as long as short |
| Bitget KITEUSDT | +0.0100% | 4h | 0.1193 | +0.117% | $2.6M | $371K | 10x | as long as short |
| BingX KITE-USDT | +0.0100% | 4h | 0.1192 | +0.017% | — | $6.5M | — | as long as short |
| Variational Omni KITE | +0.0100% | 4h | 0.1191 | −0.018% | $10K | $13K | — | as long as short |
| SunX KITE-USDT | +0.0100% | 4h | 0.1190 | −0.151% | $2K | $1.2M | 20x | as long as short |
| Extended KITE-USD | +0.0104% | 1h | 0.1192 | +0.012% | $16K | $150K | 10x | as long as short |
Binance KITEUSDT
Bybit KITEUSDT
OKX KITE-USDT-SWAP
KuCoin KITEUSDTM
Bitget KITEUSDT
BingX KITE-USDT
Variational Omni KITE
SunX KITE-USDT
Extended KITE-USDShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin KITE-USDTshort | +0.0141% | 4h | 0.1193 | +0.084% | $822K | $57K | 10x | |
| Aster KITEUSDT | +0.0391% | 4h | 0.1192 | +0.067% | $8.3M | $101K | 5x | as long as short |
| Gate KITE_USDT | +0.0402% | 4h | 0.1191 | −0.042% | $537K | $212K | 25x | as long as short |
Aster KITEUSDT
Gate KITE_USDT