KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0049%/8h= −5.3% APRnext payment −$0.24 per $10,000 · paid last 24h +0.011%

Price spread now: BloFin against Bitget−0.136%85s7-day average −0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$84as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$850.853% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.009%+$1 on $10k

Price spread, last 4 days (all we have)+0.091%+$9 · spread now −0.136%, 7d avg −0.018%

Together, before fees+0.100%+$10 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 0.118% cheaper against Bitget than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.018%). Swap the legs. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget KITEUSDT	0.1254	0.0100	pay 0.0050% / 4h	21m 48s	$2.7M	$881K	10x
Short	BloFin KITE-USDT	0.1253	0.0051	get 0.0026% / 4h	21m 48s	$879K	$52K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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 BitgetbpFee BloFinbpOrdersPrice spread, now −0.136%Rate

Funding earned: −$10.21
Price spread: −0.136% → −0.018%: −$11.78
Slippage, 4 orders: −$61.32
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$107.32
Costs to cover: 0.853%
Break-even: never at this rate

Slippage from Bitget: live order book, 6 min ago; BloFin: live order book, 60 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 Bitget live order book, 6 min ago	6.38 bp	32.1 bp −$32	81.2 bp −$812	doesn't fit	doesn't fit
Sell BloFin live order book, 60 min ago	0.80 bp	19.3 bp −$19	38.8 bp −$388	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	+0.0051%	4h	0.1253	−0.136%	$879K	$52K	10x
Binance KITEUSDT	+0.0100%	4h	0.1256	+0.168%	$21.2M	$7.4M	10x	as long as short
Bybit KITEUSDT	+0.0100%	4h	0.1256	+0.159%	$1.3M	$3.4M	25x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1253	−0.072%	$1.1M	$615K	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1256	+0.167%	$933K	$277K	50x	as long as short
KuCoin KITEUSDTM	+0.0100%	4h	0.1255	+0.032%	$416K	$103K	10x	as long as short
Bitget KITEUSDTlong	+0.0100%	4h	0.1254	long leg	$2.7M	$881K	10x
BingX KITE-USDT	+0.0100%	4h	0.1256	+0.120%	—	$6.5M	—	as long as short
Variational Omni KITE	+0.0100%	4h	0.1250	−0.325%	$11K	$10K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1256	+0.112%	$2K	$1.6M	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	0.1256	+0.156%	$20K	$186K	10x	as long as short
Aster KITEUSDT	+0.0400%	4h	0.1256	+0.167%	$8.7M	$129K	5x	as long as short
Gate KITE_USDT	+0.0472%	4h	0.1257	+0.215%	$581K	$279K	25x	as long as short