Funding you earn now, next payment 08:00 UTC−0.0021%/8h= −2.3% APRnext payment −$0.11 per $10,000 · paid last 24h −0.006%
Price spread now: BloFin against Bybit+0.271%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1571.569% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)−0.262%−$26 · spread now +0.271%, 7d avg +0.043%
=The price spread pays, funding is against you. BloFin is 0.228% dearer against Bybit than usual: you sell high and buy low (spread +0.271% now, against its 7-day average of +0.043%): +$23 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 36 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit KITEUSDT | 0.1254 | 0.0168 | pay 0.0084% / 4h | 1h 01m | $1.2M | $3.2M | 25x |
| Short | BloFin KITE-USDT | 0.1258 | 0.0147 | get 0.0074% / 4h | 1h 01m | $880K | $52K | 10x |
Bybit KITEUSDT
BloFin KITE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$4.44
- Price spread: +0.271% → +0.043%
- $22.84
- Slippage, 4 orders
- −$133.93
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$138.53
- Costs to cover
- 1.569%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 21 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, 1 min ago | 5.17 bp | 58.2 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 21 min ago | 0.80 bp | 19.3 bp −$19 | 38.8 bp −$388 | 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 | 0.1255 | +0.088% | $21.2M | $7.2M | 10x | as long as short |
| OKX KITE-USDT-SWAP | +0.0100% | 4h | 0.1253 | −0.096% | $1.1M | $564K | 10x | as long as short |
| MEXC KITE_USDT | +0.0100% | 4h | 0.1255 | +0.112% | $937K | $276K | 50x | as long as short |
| KuCoin KITEUSDTM | +0.0100% | 4h | 0.1257 | +0.255% | $452K | $90K | 10x | as long as short |
| Bitget KITEUSDT | +0.0100% | 4h | 0.1254 | +0.016% | $2.7M | $880K | 10x | as long as short |
| Variational Omni KITE | +0.0100% | 4h | 0.1260 | +0.457% | $11K | $10K | — | as long as short |
| SunX KITE-USDT | +0.0100% | 4h | 0.1256 | +0.144% | $1K | $1.5M | 20x | as long as short |
| Extended KITE-USD | +0.0104% | 1h | 0.1257 | +0.218% | $20K | $182K | 10x | as long as short |
| BloFin KITE-USDTshort | +0.0147% | 4h | 0.1258 | +0.271% | $880K | $52K | 10x | |
| Bybit KITEUSDTlong | +0.0168% | 4h | 0.1254 | long leg | $1.2M | $3.2M | 25x |
Binance KITEUSDT
OKX KITE-USDT-SWAP
MEXC KITE_USDT
KuCoin KITEUSDTM
Bitget KITEUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX KITE-USDT | +0.0200% | 4h | 0.1256 | +0.183% | — | $6.5M | — | as long as short |
| Aster KITEUSDT | +0.0380% | 4h | 0.1256 | +0.115% | $8.7M | $122K | 5x | as long as short |
| Gate KITE_USDT | +0.0450% | 4h | 0.1257 | +0.263% | $587K | $262K | 25x | as long as short |
BingX KITE-USDT
Aster KITEUSDT
Gate KITE_USDT