KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0420%/8h= +46.0% APRnext payment +$2.10 per $10,000 · paid last 24h +0.044%

Price spread now: Gate against MEXC+0.238%7-day average +0.047% · you sell dearer than you buy

Net, funding: paid 7d − costs−$333as in the Funding arb table

Net, price: spread back to 7d avg − costs−$319as in the Price arb table

costs, in and out, $10k−$3383.382% of the position

Long on MEXC 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)−0.220%−$22 · spread now +0.238%, 7d avg +0.047%

Together, before fees−0.170%−$17 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Gate is 0.192% dearer against MEXC than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.047%.

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 +$2.10 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	0.1217	0.0100	pay 0.0050% / 4h	3m 26s	$736K	$295K	50x
Short	Gate KITE_USDT	0.1220	0.0520	get 0.0260% / 4h	3m 26s	$564K	$248K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.238%Rate

Funding earned: $88.2
Price spread: +0.238% → +0.047%: $19.16
Slippage, 4 orders: −$315.25
Fee MEXC: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$230.89
Costs to cover: 3.382%
Break-even: 25.3 days

Slippage from MEXC: live order book, 47 min ago; Gate: live order book, 53 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, 47 min ago	1.25 bp	16.0 bp −$16	73.7 bp −$737	226.2 bp −$22.6K	644.8 bp −$322.4K
Sell Gate live order book, 53 min ago	9.17 bp	140.2 bp −$140	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
BloFin KITE-USDT	+0.0060%	4h	0.1213	−0.312%	$841K	$50K	10x	as long as short
Binance KITEUSDT	+0.0100%	4h	0.1219	+0.161%	$20.3M	$6.1M	10x	as long as short
Bybit KITEUSDT	+0.0100%	4h	0.1219	+0.107%	$1.1M	$2.8M	25x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1218	+0.049%	$1.0M	$344K	10x	as long as short
MEXC KITE_USDTlong	+0.0100%	4h	0.1217	long leg	$736K	$295K	50x
KuCoin KITEUSDTM	+0.0100%	4h	0.1217	0.000%	$419K	$65K	10x	as long as short
Bitget KITEUSDT	+0.0100%	4h	0.1219	+0.140%	$2.7M	$531K	10x	as long as short
BingX KITE-USDT	+0.0100%	4h	0.1219	+0.123%	—	$6.5M	—	as long as short
Variational Omni KITE	+0.0100%	4h	0.1213	−0.362%	$11K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1212	−0.403%	$1K	$1.3M	20x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended KITE-USD	+0.0104%	1h	0.1218	+0.066%	$17K	$85K	10x	as long as short
Aster KITEUSDT	+0.0459%	4h	0.1218	+0.033%	$8.4M	$96K	5x	as long as short
Gate KITE_USDTshort	+0.0520%	4h	0.1220	+0.238%	$564K	$248K	25x