KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0114%/8h= −12.4% APRnext payment −$0.57 per $10,000 · paid last 24h −0.018%

Price spread now: OKX against Bybit−0.065%7-day average −0.119% · you buy dearer than you sell

Net, funding: paid 7d − costs−$241as in the Funding arb table

Net, price: spread back to 7d avg − costs−$233as in the Price arb table

costs, in and out, $10k−$2382.379% of the position

Long on Bybit Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.029%−$3 on $10k

Price spread, last 7 days−0.045%−$4 · spread now −0.065%, 7d avg −0.119%

Together, before fees−0.074%−$7 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.054% dearer against Bybit than usual: you sell high and buy low (spread −0.065% now, against its 7-day average of −0.119%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 38 hours. At the pace of the last 7 days (−0.029% in total) that is about 13 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit KITEUSDT	0.1233	0.0214	pay 0.0107% / 4h	1h 54m	$1.2M	$3.0M	25x
Short	OKX KITE-USDT-SWAP	0.1232	0.0100	get 0.0050% / 4h	1h 54m	$1.1M	$454K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee OKXbpOrdersPrice spread, now −0.065%Rate

Funding earned: −$23.86
Price spread: −0.065% → −0.119%: $5.37
Slippage, 4 orders: −$216.92
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee OKX: 5 bp × 2 orders: −$10
Net: −$256.41
Costs to cover: 2.379%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; OKX: live order book, 2 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, 3 min ago	2.85 bp	75.6 bp −$76	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	6.92 bp	33.5 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-USDT	+0.0044%	4h	0.1235	+0.154%	$858K	$51K	10x	as long as short
Binance KITEUSDT	+0.0100%	4h	0.1234	+0.065%	$20.6M	$6.5M	10x	as long as short
OKX KITE-USDT-SWAPshort	+0.0100%	4h	0.1232	−0.065%	$1.1M	$454K	10x
MEXC KITE_USDT	+0.0100%	4h	0.1234	+0.073%	$897K	$260K	50x	as long as short
KuCoin KITEUSDTM	+0.0100%	4h	0.1234	+0.097%	$436K	$82K	10x	as long as short
Bitget KITEUSDT	+0.0100%	4h	0.1234	+0.081%	$2.8M	$788K	10x	as long as short
Variational Omni KITE	+0.0100%	4h	0.1228	−0.378%	$11K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1233	−0.024%	$1K	$1.4M	20x	as long as short
Extended KITE-USD	+0.0104%	1h	0.1234	+0.056%	$18K	$181K	10x	as long as short
Bybit KITEUSDTlong	+0.0214%	4h	0.1233	long leg	$1.2M	$3.0M	25x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX KITE-USDT	+0.0274%	4h	0.1233	+0.016%	—	$6.5M	—	as long as short
Gate KITE_USDT	+0.0364%	4h	0.1234	+0.089%	$576K	$249K	25x	as long as short
Aster KITEUSDT	+0.0395%	4h	0.1234	+0.090%	$8.5M	$114K	5x	as long as short