KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0829%/8h= +90.8% APRnext payment +$4.15 per $10,000 · paid last 24h +0.008%

Price spread now: Bybit against MEXC0.000%7-day average −0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$127as in the Funding arb table

Net, price: spread back to 7d avg − costs−$124as in the Price arb table

costs, in and out, $10k−$1261.264% of the position

Long on MEXC Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.010%−$1 on $10k

Price spread, last 4 days (all we have)+0.036%+$4 · spread now 0.000%, 7d avg −0.025%

Together, before fees+0.026%+$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Bybit is 0.025% dearer against MEXC than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.025%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.010% in total (about -0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.15 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	0.1206	0.0100	pay 0.0050% / 4h	3h 15m	$788K	$297K	50x
Short	Bybit KITEUSDT	0.1206	0.0929	get 0.0465% / 4h	3h 15m	$1.2M	$2.6M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now 0.000%Rate

Funding earned: $174.09
Price spread: 0.000% → −0.025%: $2.5
Slippage, 4 orders: −$107.37
Fee MEXC: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $50.22
Costs to cover: 1.264%
Break-even: 5.0 days

Slippage from MEXC: live order book, 49 min ago; Bybit: live order book, 1 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, 49 min ago	1.26 bp	5.3 bp −$5	32.5 bp −$325	235.5 bp −$23.5K	634.6 bp −$317.3K
Sell Bybit live order book, 1 min ago	2.90 bp	54.1 bp −$54	527.5 bp −$5,275	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	+0.0060%	4h	0.1205	−0.066%	$830K	$57K	10x	as long as short
Binance KITEUSDT	+0.0100%	4h	0.1206	0.000%	$20.1M	$5.8M	10x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1205	−0.100%	$1.0M	$305K	10x	as long as short
MEXC KITE_USDTlong	+0.0100%	4h	0.1206	long leg	$788K	$297K	50x
KuCoin KITEUSDTM	+0.0100%	4h	0.1205	−0.083%	$412K	$60K	10x	as long as short
Bitget KITEUSDT	+0.0100%	4h	0.1206	+0.041%	$2.7M	$439K	10x	as long as short
Variational Omni KITE	+0.0100%	4h	0.1205	−0.074%	$11K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1204	−0.133%	$1K	$1.3M	20x	as long as short
Extended KITE-USD	+0.0104%	1h	0.1206	−0.016%	$17K	$92K	10x	as long as short
Aster KITEUSDT	+0.0503%	4h	0.1206	+0.055%	$8.4M	$102K	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate KITE_USDT	+0.0880%	4h	0.1206	+0.033%	$544K	$218K	25x	as long as short
Bybit KITEUSDTshort	+0.0929%	4h	0.1206	0.000%	$1.2M	$2.6M	25x
BingX KITE-USDT	+0.1012%	4h	0.1205	−0.033%	—	$6.5M	—	as long as short