Funding you earn now, next payment 00:00 UTC+0.0035%/8h= +3.8% APRnext payment +$0.17 per $10,000 · paid last 24h +0.033%
Price spread now: Gate against BloFin−0.042%93s7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$213as 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−$2172.171% of the position
Funding, last 7 days+0.041%+$4 on $10k
+Price spread, last 3 days (all we have)+0.146%+$15 · spread now −0.042%, 7d avg +0.020%
=Funding pays, the price is against you. Gate is 0.062% cheaper against BloFin than usual: you would sell low and buy high (spread −0.042% now, against its 7-day average of +0.020%). If the spread goes back, that is −$6 on $10k: about 6.0 days of funding at the current rate (+$1 a day). The two prices were read 93 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 | 0.1183 | 0.0115 | pay 0.0058% / 4h | 2h 03m | $822K | $58K | 10x |
| Short | Gate KITE_USDT | 0.1183 | 0.0150 | get 0.0075% / 4h | 2h 03m | $533K | $228K | 25x |
BloFin KITE-USDT
Gate KITE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $7.28
- Price spread: −0.042% → +0.020%
- −$6.22
- Slippage, 4 orders
- −$190.07
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$216.02
- Costs to cover
- 2.171%
- Break-even
- 214.8 days
Slippage from BloFin: live order book, 18 min ago; Gate: live order book, 17 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, 18 min ago | 1.68 bp | 14.7 bp −$15 | 35.7 bp −$357 | doesn't fit | doesn't fit |
| Sell Gate live order book, 17 min ago | 8.82 bp | 113.3 bp −$113 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance KITEUSDT | +0.0100% | 4h | 0.1182 | −0.054% | $19.7M | $5.9M | 10x | as long as short |
| Bybit KITEUSDT | +0.0100% | 4h | 0.1182 | −0.135% | $1.2M | $2.5M | 25x | as long as short |
| OKX KITE-USDT-SWAP | +0.0100% | 4h | 0.1181 | −0.220% | $988K | $302K | 10x | as long as short |
| MEXC KITE_USDT | +0.0100% | 4h | 0.1182 | −0.051% | $732K | $255K | 50x | as long as short |
| KuCoin KITEUSDTM | +0.0100% | 4h | 0.1184 | +0.042% | $407K | $56K | 10x | as long as short |
| Bitget KITEUSDT | +0.0100% | 4h | 0.1183 | +0.008% | $2.6M | $387K | 10x | as long as short |
| BingX KITE-USDT | +0.0100% | 4h | 0.1182 | −0.076% | — | $6.5M | — | as long as short |
| Variational Omni KITE | +0.0100% | 4h | 0.1181 | −0.157% | $10K | $13K | — | as long as short |
| SunX KITE-USDT | +0.0100% | 4h | 0.1182 | −0.110% | $1K | $1.3M | 20x | as long as short |
| Extended KITE-USD | +0.0104% | 1h | 0.1182 | −0.070% | $16K | $150K | 10x | as long as short |
Binance KITEUSDT
Bybit KITEUSDT
OKX KITE-USDT-SWAP
MEXC KITE_USDT
KuCoin KITEUSDTM
Bitget KITEUSDT
BingX KITE-USDT
Variational Omni KITE
SunX KITE-USDT
Extended KITE-USDShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin KITE-USDTlong | +0.0115% | 4h | 0.1183 | long leg | $822K | $58K | 10x | |
| Gate KITE_USDTshort | +0.0150% | 4h | 0.1183 | −0.042% | $533K | $228K | 25x | |
| Aster KITEUSDT | +0.0204% | 4h | 0.1183 | −0.035% | $8.2M | $109K | 5x | as long as short |
Aster KITEUSDT