Funding you earn now, next payment 04:00 UTC+0.0018%/8h= +1.9% APRnext payment +$0.09 per $10,000 · paid last 24h +0.009%
Price spread now: Bybit against BloFin+0.384%102s7-day average −0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$143as 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−$1421.421% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)−0.343%−$34 · spread now +0.384%, 7d avg −0.045%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.429% dearer against BloFin than usual: you sell high and buy low: +$43 more if the spread goes back to its 7-day average of −0.045%. The two prices were read 102 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 | BloFin KITE-USDT | 0.1199 | 0.0082 | pay 0.0041% / 4h | 19m 33s | $836K | $49K | 10x |
| Short | Bybit KITEUSDT | 0.1204 | 0.0100 | get 0.0050% / 4h | 19m 33s | $1.1M | $2.8M | 25x |
BloFin KITE-USDT
Bybit KITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- $3.74
- Price spread: +0.384% → −0.045%
- $42.9
- Slippage, 4 orders
- −$119.1
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$95.47
- Costs to cover
- 1.421%
- Break-even
- 185.8 days
Slippage from BloFin: live order book, 17 min ago; Bybit: live order book, 3 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 BloFin live order book, 17 min ago | 0.83 bp | 22.7 bp −$23 | 43.4 bp −$434 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 6.26 bp | 50.7 bp −$51 | 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-USDTlong | +0.0082% | 4h | 0.1199 | long leg | $836K | $49K | 10x | |
| Binance KITEUSDT | +0.0100% | 4h | 0.1205 | +0.469% | $20.1M | $6.1M | 10x | as long as short |
| Bybit KITEUSDTshort | +0.0100% | 4h | 0.1204 | +0.384% | $1.1M | $2.8M | 25x | |
| OKX KITE-USDT-SWAP | +0.0100% | 4h | 0.1201 | +0.133% | $1.0M | $332K | 10x | as long as short |
| MEXC KITE_USDT | +0.0100% | 4h | 0.1204 | +0.400% | $728K | $294K | 50x | as long as short |
| KuCoin KITEUSDTM | +0.0100% | 4h | 0.1203 | +0.283% | $412K | $63K | 10x | as long as short |
| Bitget KITEUSDT | +0.0100% | 4h | 0.1203 | +0.325% | $2.7M | $510K | 10x | as long as short |
| BingX KITE-USDT | +0.0100% | 4h | 0.1204 | +0.384% | — | $6.5M | — | as long as short |
| Variational Omni KITE | +0.0100% | 4h | 0.1199 | −0.010% | $10K | $13K | — | as long as short |
| SunX KITE-USDT | +0.0100% | 4h | 0.1203 | +0.283% | $1K | $1.3M | 20x | as long as short |
Binance KITEUSDT
OKX KITE-USDT-SWAP
MEXC KITE_USDT
KuCoin KITEUSDTM
Bitget KITEUSDT
BingX KITE-USDT
Variational Omni KITE
SunX KITE-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended KITE-USD | +0.0104% | 1h | 0.1205 | +0.431% | $17K | $83K | 10x | as long as short |
| Aster KITEUSDT | +0.0395% | 4h | 0.1203 | +0.325% | $8.3M | $96K | 5x | as long as short |
| Gate KITE_USDT | +0.0448% | 4h | 0.1202 | +0.242% | $556K | $247K | 25x | as long as short |
Extended KITE-USD
Aster KITEUSDT
Gate KITE_USDT