Funding you earn now, next payment 04:00 UTC+0.1312%/8h= +143.7% APRnext payment +$6.56 per $10,000 · paid last 24h +0.017%
Price spread now: BingX against OKX+0.058%7-day average +0.106% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1141.142% of the position
Funding, last 7 days+0.046%+$5 on $10k
+Price spread, last 4 days (all we have)−0.011%−$1 · spread now +0.058%, 7d avg +0.106%
=Funding pays, the price is against you. BingX is 0.048% cheaper against OKX than usual: you would sell low and buy high (spread +0.058% now, against its 7-day average of +0.106%). If the spread goes back, that is −$5 on $10k: about 3 hours of funding at the current rate (+$39 a day). At the pace of the last 7 days (+0.046% in total) that is about 7.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.046% in total (about 2.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.56 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 | OKX KITE-USDT-SWAP | 0.1198 | 0.0100 | pay 0.0050% / 4h | 2h 05m | $1.0M | $317K | 10x |
| Short | BingX KITE-USDT | 0.1198 | 0.1412 | get 0.0706% / 4h | 2h 05m | — | $6.5M | — |
OKX KITE-USDT-SWAP
BingX KITE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against OKX. 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
- $275.52
- Price spread: +0.058% → +0.106%
- −$4.8
- Slippage, 4 orders
- −$94.25
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $156.48
- Costs to cover
- 1.142%
- Break-even
- 3.0 days
Slippage from OKX: live order book, 1 min ago; BingX: 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 OKX live order book, 1 min ago | 6.68 bp | 36.3 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 5.42 bp | 20.8 bp −$21 | 51.5 bp −$515 | 461.7 bp −$46.2K | 1114.3 bp −$557.1K |
KITE on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX KITE-USDT-SWAPlong | +0.0100% | 4h | 0.1198 | long leg | $1.0M | $317K | 10x | |
| KuCoin KITEUSDTM | +0.0100% | 4h | 0.1199 | +0.083% | $412K | $59K | 10x | as long as short |
| Bitget KITEUSDT | +0.0100% | 4h | 0.1199 | +0.125% | $2.7M | $487K | 10x | as long as short |
| Variational Omni KITE | +0.0100% | 4h | 0.1199 | +0.074% | $10K | $13K | — | as long as short |
| SunX KITE-USDT | +0.0100% | 4h | 0.1197 | −0.042% | $2K | $1.3M | 20x | as long as short |
| MEXC KITE_USDT | +0.0118% | 4h | 0.1199 | +0.075% | $745K | $310K | 50x | as long as short |
| Extended KITE-USD | +0.0120% | 1h | 0.1198 | +0.049% | $16K | $92K | 10x | as long as short |
| Binance KITEUSDT | +0.0122% | 4h | 0.1199 | +0.075% | $20.0M | $5.9M | 10x | as long as short |
| Gate KITE_USDT | +0.0198% | 4h | 0.1198 | +0.067% | $540K | $242K | 25x | as long as short |
| Aster KITEUSDT | +0.0496% | 4h | 0.1199 | +0.110% | $8.3M | $97K | 5x | as long as short |
KuCoin KITEUSDTM
Bitget KITEUSDT
Variational Omni KITE
SunX KITE-USDT
MEXC KITE_USDT
Extended KITE-USD
Binance KITEUSDT
Gate KITE_USDT
Aster KITEUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KITE-USDTshort | +0.1412% | 4h | 0.1198 | +0.058% | — | $6.5M | — | |
| Bybit KITEUSDT | +0.1496% | 4h | 0.1198 | +0.058% | $1.3M | $2.6M | 25x | as long as short |
Bybit KITEUSDT