KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0506%/8h= +55.4% APRnext payment +$2.53 per $10,000 · paid last 24h +0.075%

Price spread now: Gate against OKX+0.173%7-day average +0.193% · you sell dearer than you buy

Net, funding: paid 7d − costs−$301as in the Funding arb table

Net, price: spread back to 7d avg − costs−$314as in the Price arb table

costs, in and out, $10k−$3123.116% of the position

Long on OKX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.110%+$11 on $10k

Price spread, last 4 days (all we have)−0.061%−$6 · spread now +0.173%, 7d avg +0.193%

Together, before fees+0.049%+$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.193%, so right now this pair is about funding alone: +$15 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.110% in total (about 5.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.53 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	0.1211	0.0100	pay 0.0050% / 4h	2h 41m	$1.0M	$401K	10x
Short	Gate KITE_USDT	0.1213	0.0606	get 0.0303% / 4h	2h 41m	$563K	$244K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.173%Rate

Funding earned: $106.26
Price spread: +0.173% → +0.193%: −$1.92
Slippage, 4 orders: −$286.64
Fee OKX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$207.3
Costs to cover: 3.116%
Break-even: 20.7 days

Slippage from OKX: live order book, 5 min ago; Gate: live order book, 5 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, 5 min ago	7.44 bp	27.0 bp −$27	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	6.59 bp	156.0 bp −$156	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	+0.0068%	4h	0.1214	+0.248%	$851K	$50K	10x	as long as short
Binance KITEUSDT	+0.0100%	4h	0.1213	+0.201%	$20.2M	$6.4M	10x	as long as short
OKX KITE-USDT-SWAPlong	+0.0100%	4h	0.1211	long leg	$1.0M	$401K	10x
MEXC KITE_USDT	+0.0100%	4h	0.1213	+0.206%	$739K	$242K	50x	as long as short
KuCoin KITEUSDTM	+0.0100%	4h	0.1213	+0.140%	$416K	$66K	10x	as long as short
Bitget KITEUSDT	+0.0100%	4h	0.1212	+0.116%	$2.7M	$715K	10x	as long as short
Variational Omni KITE	+0.0100%	4h	0.1213	+0.160%	$11K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1212	+0.066%	$1K	$1.4M	20x	as long as short
Extended KITE-USD	+0.0104%	1h	0.1212	+0.130%	$17K	$184K	10x	as long as short
Aster KITEUSDT	+0.0501%	4h	0.1214	+0.256%	$8.4M	$110K	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_USDTshort	+0.0606%	4h	0.1213	+0.173%	$563K	$244K	25x
Bybit KITEUSDT	+0.0622%	4h	0.1212	+0.091%	$1.2M	$2.9M	25x	as long as short
BingX KITE-USDT	+0.0664%	4h	0.1212	+0.116%	—	$6.5M	—	as long as short