Funding you earn now, next payment 04:00 UTC+0.0015%/8h= +1.6% APRnext payment +$0.07 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Bybit−0.058%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$189as in the Funding arb table
Net, price: spread back to 7d avg − costs−$195as in the Price arb table
costs, in and out, $10k−$1911.910% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 7 days+0.044%+$4 · spread now −0.058%, 7d avg −0.019%
=Funding pays, the price is against you. BingX is 0.039% cheaper against Bybit than usual: you would sell low and buy high (spread −0.058% now, against its 7-day average of −0.019%). If the spread goes back, that is −$4 on $10k: about 8.8 days of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit KITEUSDT | 0.1198 | 0.0583 | pay 0.0292% / 4h | 3h 33m | $1.1M | $2.5M | 25x |
| Short | BingX KITE-USDT | 0.1197 | 0.0598 | get 0.0299% / 4h | 3h 33m | — | $6.5M | — |
Bybit KITEUSDT
BingX KITE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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
- $3.11
- Price spread: −0.058% → −0.019%
- −$3.93
- Slippage, 4 orders
- −$170.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$191.84
- Costs to cover
- 1.910%
- Break-even
- 438.5 days
Slippage from Bybit: live order book, 4 min ago; BingX: 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 Bybit live order book, 4 min ago | 0.83 bp | 85.7 bp −$86 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 6.24 bp | 35.4 bp −$35 | 65.0 bp −$650 | 257.9 bp −$25.8K | 830.2 bp −$415.1K |
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 | 0.1197 | −0.035% | $20.0M | $5.8M | 10x | as long as short |
| OKX KITE-USDT-SWAP | +0.0100% | 4h | 0.1196 | −0.142% | $1.0M | $303K | 10x | as long as short |
| MEXC KITE_USDT | +0.0100% | 4h | 0.1198 | +0.017% | $782K | $296K | 50x | as long as short |
| KuCoin KITEUSDTM | +0.0100% | 4h | 0.1197 | −0.067% | $410K | $59K | 10x | as long as short |
| Bitget KITEUSDT | +0.0100% | 4h | 0.1198 | +0.067% | $2.7M | $427K | 10x | as long as short |
| Variational Omni KITE | +0.0100% | 4h | 0.1201 | +0.306% | $10K | $13K | — | as long as short |
| SunX KITE-USDT | +0.0100% | 4h | 0.1197 | −0.075% | $2K | $1.3M | 20x | as long as short |
| Extended KITE-USD | +0.0104% | 1h | 0.1197 | −0.031% | $16K | $148K | 10x | as long as short |
| BloFin KITE-USDT | +0.0114% | 4h | 0.1200 | +0.209% | $824K | $57K | 10x | as long as short |
| Aster KITEUSDT | +0.0427% | 4h | 0.1199 | +0.107% | $8.3M | $103K | 5x | as long as short |
Binance KITEUSDT
OKX KITE-USDT-SWAP
MEXC KITE_USDT
KuCoin KITEUSDTM
Bitget KITEUSDT
Variational Omni KITE
SunX KITE-USDT
Extended KITE-USD
BloFin KITE-USDT
Aster KITEUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit KITEUSDTlong | +0.0583% | 4h | 0.1198 | long leg | $1.1M | $2.5M | 25x | |
| BingX KITE-USDTshort | +0.0598% | 4h | 0.1197 | −0.058% | — | $6.5M | — | |
| Gate KITE_USDT | +0.0606% | 4h | 0.1199 | +0.092% | $540K | $216K | 25x | as long as short |
Gate KITE_USDT