Funding you earn now, next payment 00:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.16 per $10,000 · paid last 24h −0.006%
Price spread now: OKX against BloFin+0.050%7-day average −0.180% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$920.923% of the position
Funding, last 7 days−0.039%−$4 on $10k
+Price spread, last 3 days (all we have)−0.132%−$13 · spread now +0.050%, 7d avg −0.180%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.230% dearer against BloFin than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.180%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin KITE-USDT | 0.1189 | 0.0067 | pay 0.0034% / 4h | 3h 30m | $821K | $62K | 10x |
| Short | OKX KITE-USDT-SWAP | 0.1190 | 0.0100 | get 0.0050% / 4h | 3h 30m | $996K | $317K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $6.85
- Price spread: +0.050% → −0.180%
- $23.03
- Slippage, 4 orders
- −$70.31
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$62.43
- Costs to cover
- 0.923%
- Break-even
- 70.8 days
Slippage from BloFin: live order book, 16 min ago; OKX: live order book, 16 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, 16 min ago | 0.42 bp | 13.5 bp −$13 | 40.1 bp −$401 | doesn't fit | doesn't fit |
| Sell OKX live order book, 16 min ago | 7.21 bp | 32.6 bp −$33 | 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 | +0.0067% | 4h | 0.1189 | long leg | $821K | $62K | 10x | |
| Binance KITEUSDT | +0.0100% | 4h | 0.1191 | +0.126% | $19.9M | $5.8M | 10x | as long as short |
| Bybit KITEUSDT | +0.0100% | 4h | 0.1191 | +0.118% | $1.1M | $2.4M | 25x | as long as short |
| OKX KITE-USDT-SWAPshort | +0.0100% | 4h | 0.1190 | +0.050% | $996K | $317K | 10x | |
| MEXC KITE_USDT | +0.0100% | 4h | 0.1191 | +0.109% | $741K | $257K | 50x | as long as short |
| KuCoin KITEUSDTM | +0.0100% | 4h | 0.1190 | +0.025% | $409K | $56K | 10x | as long as short |
| Bitget KITEUSDT | +0.0100% | 4h | 0.1190 | +0.050% | $2.6M | $401K | 10x | as long as short |
| BingX KITE-USDT | +0.0100% | 4h | 0.1191 | +0.092% | — | $6.5M | — | as long as short |
| Variational Omni KITE | +0.0100% | 4h | 0.1187 | −0.234% | $9K | $12K | — | as long as short |
| SunX KITE-USDT | +0.0100% | 4h | 0.1189 | −0.017% | $1K | $1.2M | 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 | 0.1191 | +0.102% | $16K | $150K | 10x | as long as short |
| Aster KITEUSDT | +0.0268% | 4h | 0.1189 | −0.050% | $8.2M | $107K | 5x | as long as short |
| Gate KITE_USDT | +0.0384% | 4h | 0.1190 | +0.059% | $536K | $223K | 25x | as long as short |
BloFin KITE-USDT
OKX KITE-USDT-SWAP
Binance KITEUSDT
Bybit KITEUSDT
MEXC KITE_USDT
KuCoin KITEUSDTM
Bitget KITEUSDT
BingX KITE-USDT
Variational Omni KITE
SunX KITE-USDT
Extended KITE-USD
Aster KITEUSDT
Gate KITE_USDT