KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0537%/8h= −58.8% APRnext payment −$2.68 per $10,000 · paid last 24h −0.044%

Price spread now: Binance against Gate−0.017%7-day average −0.041% · you buy dearer than you sell

Net, funding: paid 7d − costs−$294as in the Funding arb table

Net, price: spread back to 7d avg − costs−$286as in the Price arb table

costs, in and out, $10k−$2892.885% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.051%−$5 on $10k

Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.017%, 7d avg −0.041%

Together, before fees−0.038%−$4 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.025% dearer against Gate than usual: you sell high and buy low (spread −0.017% now, against its 7-day average of −0.041%): +$2 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.051% in total) that is about 3.4 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.051% in total (about -2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.68 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate KITE_USDT	0.1211	0.0660	pay 0.0330% / 4h	3h 07m	$544K	$228K	25x
Short	Binance KITEUSDT	0.1211	0.0123	get 0.0062% / 4h	3h 07m	$20.2M	$5.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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 GatebpFee BinancebpOrdersPrice spread, now −0.017%Rate

Funding earned: −$112.76
Price spread: −0.017% → −0.041%: $2.47
Slippage, 4 orders: −$263.5
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$398.79
Costs to cover: 2.885%
Break-even: never at this rate

Slippage from Gate: live order book, 64 min ago; Binance: live order book, 4 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 Gate live order book, 64 min ago	7.97 bp	113.2 bp −$113	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 4 min ago	0.41 bp	15.6 bp −$16	47.8 bp −$478	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
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1210	−0.083%	$1.0M	$313K	10x	as long as short
KuCoin KITEUSDTM	+0.0100%	4h	0.1210	−0.083%	$414K	$60K	10x	as long as short
Bitget KITEUSDT	+0.0100%	4h	0.1211	+0.008%	$2.7M	$434K	10x	as long as short
Variational Omni KITE	+0.0100%	4h	0.1213	+0.169%	$11K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1209	−0.132%	$1K	$1.3M	20x	as long as short
MEXC KITE_USDT	+0.0116%	4h	0.1211	−0.008%	$816K	$303K	50x	as long as short
Extended KITE-USD	+0.0120%	1h	0.1211	−0.031%	$17K	$93K	10x	as long as short
Binance KITEUSDTshort	+0.0123%	4h	0.1211	−0.017%	$20.2M	$5.8M	10x
BloFin KITE-USDT	+0.0173%	4h	0.1211	+0.033%	$833K	$57K	10x	as long as short
Aster KITEUSDT	+0.0560%	4h	0.1211	+0.026%	$8.4M	$103K	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate KITE_USDTlong	+0.0660%	4h	0.1211	long leg	$544K	$228K	25x
BingX KITE-USDT	+0.0982%	4h	0.1211	−0.008%	—	$6.5M	—	as long as short
Bybit KITEUSDT	+0.1023%	4h	0.1212	+0.083%	$1.3M	$2.6M	25x	as long as short