KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.1038%/8h= −113.7% APRnext payment −$5.19 per $10,000 · paid last 24h −0.007%

Price spread now: MEXC against BingX+0.025%7-day average +0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs−$91as in the Funding arb table

Net, price: spread back to 7d avg − costs−$92as in the Price arb table

costs, in and out, $10k−$900.905% of the position

Long on BingX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 4 days (all we have)+0.019%+$2 · spread now +0.025%, 7d avg +0.040%

Together, before fees+0.011%+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.040%, so right now this pair is about funding alone: −$31 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 -0.007% in total (about -0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.19 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	BingX KITE-USDT	0.1198	0.1138	pay 0.0569% / 4h	2h 41m	—	$6.5M	—
Short	MEXC KITE_USDT	0.1198	0.0100	get 0.0050% / 4h	2h 41m	$746K	$307K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against BingX. 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 BingXbpFee MEXCbpOrdersPrice spread, now +0.025%Rate

Funding earned: −$217.98
Price spread: +0.025% → +0.040%: −$1.54
Slippage, 4 orders: −$72.48
Fee BingX: 5 bp × 2 orders: −$10
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$310
Costs to cover: 0.905%
Break-even: never at this rate

Slippage from BingX: live order book, 10 min ago; MEXC: live order book, 19 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 BingX live order book, 10 min ago	5.45 bp	21.5 bp −$21	53.0 bp −$530	744.9 bp −$74.5K	1252.7 bp −$626.3K
Sell MEXC live order book, 19 min ago	2.08 bp	14.6 bp −$15	66.6 bp −$666	229.3 bp −$22.9K	624.5 bp −$312.2K

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
Binance KITEUSDT	+0.0100%	4h	0.1198	+0.001%	$20.0M	$6.0M	10x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1197	−0.075%	$1.0M	$335K	10x	as long as short
MEXC KITE_USDTshort	+0.0100%	4h	0.1198	+0.025%	$746K	$307K	50x
KuCoin KITEUSDTM	+0.0100%	4h	0.1198	−0.033%	$412K	$62K	10x	as long as short
Bitget KITEUSDT	+0.0100%	4h	0.1200	+0.150%	$2.6M	$475K	10x	as long as short
Variational Omni KITE	+0.0100%	4h	0.1198	+0.039%	$10K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1197	−0.075%	$1K	$1.3M	20x	as long as short
Extended KITE-USD	+0.0104%	1h	0.1198	−0.026%	$16K	$90K	10x	as long as short
BloFin KITE-USDT	+0.0147%	4h	0.1196	−0.184%	$836K	$56K	10x	as long as short
Gate KITE_USDT	+0.0366%	4h	0.1199	+0.067%	$540K	$233K	25x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster KITEUSDT	+0.0538%	4h	0.1198	+0.017%	$8.3M	$102K	5x	as long as short
BingX KITE-USDTlong	+0.1138%	4h	0.1198	long leg	—	$6.5M	—
Bybit KITEUSDT	+0.1227%	4h	0.1198	−0.033%	$1.3M	$2.7M	25x	as long as short