KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0025%/8h= −2.7% APRnext payment −$0.13 per $10,000 · paid last 24h +0.011%

Price spread now: BloFin against OKX+0.098%7-day average +0.168% · you sell dearer than you buy

Net, funding: paid 7d − costs−$98as in the Funding arb table

Net, price: spread back to 7d avg − costs−$109as in the Price arb table

costs, in and out, $10k−$1021.021% of the position

Long on OKX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.038%+$4 on $10k

Price spread, last 4 days (all we have)+0.010%+$1 · spread now +0.098%, 7d avg +0.168%

Together, before fees+0.048%+$5 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.070% cheaper against OKX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.168%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX KITE-USDT-SWAP	0.1222	0.0100	pay 0.0050% / 4h	2h 57m	$1.1M	$401K	10x
Short	BloFin KITE-USDT	0.1224	0.0075	get 0.0037% / 4h	2h 57m	$678K	$50K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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 OKXbpFee BloFinbpOrdersPrice spread, now +0.098%Rate

Funding earned: −$5.26
Price spread: +0.098% → +0.168%: −$7.02
Slippage, 4 orders: −$80.05
Fee OKX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$114.33
Costs to cover: 1.021%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; BloFin: live order book, 34 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, 4 min ago	6.95 bp	27.8 bp −$28	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 34 min ago	1.62 bp	30.7 bp −$31	60.8 bp −$608	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-USDTshort	+0.0075%	4h	0.1224	+0.098%	$678K	$50K	10x
Binance KITEUSDT	+0.0100%	4h	0.1224	+0.130%	$20.4M	$6.4M	10x	as long as short
OKX KITE-USDT-SWAPlong	+0.0100%	4h	0.1222	long leg	$1.1M	$401K	10x
MEXC KITE_USDT	+0.0100%	4h	0.1224	+0.131%	$746K	$241K	50x	as long as short
KuCoin KITEUSDTM	+0.0100%	4h	0.1224	+0.090%	$420K	$66K	10x	as long as short
Bitget KITEUSDT	+0.0100%	4h	0.1224	+0.098%	$2.7M	$689K	10x	as long as short
Variational Omni KITE	+0.0100%	4h	0.1224	+0.101%	$11K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1223	+0.025%	$2K	$1.4M	20x	as long as short
Extended KITE-USD	+0.0104%	1h	0.1224	+0.087%	$17K	$184K	10x	as long as short
Aster KITEUSDT	+0.0512%	4h	0.1224	+0.125%	$8.5M	$108K	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	+0.0694%	4h	0.1223	+0.016%	$568K	$243K	25x	as long as short
BingX KITE-USDT	+0.0946%	4h	0.1223	+0.049%	—	$6.5M	—	as long as short
Bybit KITEUSDT	+0.0957%	4h	0.1224	+0.115%	$1.2M	$2.9M	25x	as long as short