Funding you earn now, next payment 04:00 UTC+0.0034%/8h= +3.7% APRnext payment +$0.17 per $10,000 · paid last 24h +0.010%
Price spread now: MEXC against Bitget−0.075%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$830.832% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 4 days (all we have)+0.037%+$4 · spread now −0.075%, 7d avg −0.039%
=Funding pays, the price is against you. MEXC is 0.036% cheaper against Bitget than usual: you would sell low and buy high (spread −0.075% now, against its 7-day average of −0.039%). If the spread goes back, that is −$4 on $10k: about 3.5 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.010% in total) that is about 25 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget KITEUSDT | 0.1201 | 0.0100 | pay 0.0050% / 4h | 1h 57m | $2.7M | $490K | 10x |
| Short | MEXC KITE_USDT | 0.1200 | 0.0134 | get 0.0067% / 4h | 1h 57m | $740K | $303K | 50x |
Bitget KITEUSDT
MEXC KITE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bitget. 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
- $7.14
- Price spread: −0.075% → −0.039%
- −$3.58
- Slippage, 4 orders
- −$63.2
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$79.64
- Costs to cover
- 0.832%
- Break-even
- 85.1 days
Slippage from Bitget: live order book, 5 min ago; MEXC: live order book, 63 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, 5 min ago | 7.49 bp | 20.3 bp −$20 | 89.6 bp −$896 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 63 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 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-SWAP | +0.0100% | 4h | 0.1199 | −0.191% | $1.0M | $310K | 10x | as long as short |
| KuCoin KITEUSDTM | +0.0100% | 4h | 0.1202 | +0.042% | $411K | $59K | 10x | as long as short |
| Bitget KITEUSDTlong | +0.0100% | 4h | 0.1201 | long leg | $2.7M | $490K | 10x | |
| Variational Omni KITE | +0.0100% | 4h | 0.1203 | +0.137% | $10K | $13K | — | as long as short |
| SunX KITE-USDT | +0.0100% | 4h | 0.1199 | −0.150% | $2K | $1.3M | 20x | as long as short |
| MEXC KITE_USDTshort | +0.0134% | 4h | 0.1200 | −0.075% | $740K | $303K | 50x | |
| Binance KITEUSDT | +0.0136% | 4h | 0.1201 | −0.042% | $20.0M | $5.9M | 10x | as long as short |
| Extended KITE-USD | +0.0136% | 1h | 0.1200 | −0.116% | $16K | $92K | 10x | as long as short |
| Gate KITE_USDT | +0.0248% | 4h | 0.1202 | +0.075% | $543K | $242K | 25x | as long as short |
| Aster KITEUSDT | +0.0510% | 4h | 0.1202 | +0.109% | $8.3M | $97K | 5x | as long as short |
OKX KITE-USDT-SWAP
KuCoin KITEUSDTM
Variational Omni KITE
SunX KITE-USDT
Binance KITEUSDT
Extended KITE-USD
Gate KITE_USDT
Aster KITEUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KITE-USDT | +0.1416% | 4h | 0.1201 | −0.050% | — | $6.5M | — | as long as short |
| Bybit KITEUSDT | +0.1532% | 4h | 0.1201 | −0.025% | $1.3M | $2.6M | 25x | as long as short |
BingX KITE-USDT
Bybit KITEUSDT