Funding you earn now, next payment 04:00 UTC+0.0762%/8h= +83.4% APRnext payment +$3.81 per $10,000 · paid last 24h −0.036%
Price spread now: BingX against Gate−0.084%7-day average −0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$311as in the Funding arb table
Net, price: spread back to 7d avg − costs−$306as in the Price arb table
costs, in and out, $10k−$3073.066% of the position
Funding, last 7 days−0.043%−$4 on $10k
+Price spread, last 4 days (all we have)+0.147%+$15 · spread now −0.084%, 7d avg −0.085%
=The price spread sits at its 7-day average of −0.085%, so right now this pair is about funding alone: +$23 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.043% in total (about -2.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.81 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 | 0.1197 | 0.0266 | pay 0.0133% / 4h | 1h 33m | $554K | $254K | 25x |
| Short | BingX KITE-USDT | 0.1196 | 0.1028 | get 0.0514% / 4h | 1h 33m | — | $6.5M | — |
Gate KITE_USDT
BingX KITE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Gate. 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
- $160.02
- Price spread: −0.084% → −0.085%
- $0.18
- Slippage, 4 orders
- −$281.56
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$146.36
- Costs to cover
- 3.066%
- Break-even
- 13.4 days
Slippage from Gate: live order book, 28 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 Gate live order book, 28 min ago | 10.38 bp | 124.6 bp −$125 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 5.43 bp | 26.2 bp −$26 | 56.4 bp −$564 | 342.2 bp −$34.2K | 1038.9 bp −$519.4K |
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 | 0.1196 | −0.084% | $1.0M | $317K | 10x | as long as short |
| MEXC KITE_USDT | +0.0100% | 4h | 0.1196 | −0.050% | $724K | $307K | 50x | as long as short |
| KuCoin KITEUSDTM | +0.0100% | 4h | 0.1197 | +0.008% | $411K | $60K | 10x | as long as short |
| Bitget KITEUSDT | +0.0100% | 4h | 0.1197 | +0.025% | $2.6M | $488K | 10x | as long as short |
| Variational Omni KITE | +0.0100% | 4h | 0.1195 | −0.128% | $10K | $13K | — | as long as short |
| SunX KITE-USDT | +0.0100% | 4h | 0.1195 | −0.167% | $1K | $1.3M | 20x | as long as short |
| Binance KITEUSDT | +0.0103% | 4h | 0.1197 | −0.034% | $20.0M | $6.0M | 10x | as long as short |
| Extended KITE-USD | +0.0104% | 1h | 0.1196 | −0.079% | $18K | $89K | 10x | as long as short |
| BloFin KITE-USDT | +0.0107% | 4h | 0.1194 | −0.226% | $833K | $52K | 10x | as long as short |
| Gate KITE_USDTlong | +0.0266% | 4h | 0.1197 | long leg | $554K | $254K | 25x |
OKX KITE-USDT-SWAP
MEXC KITE_USDT
KuCoin KITEUSDTM
Bitget KITEUSDT
Variational Omni KITE
SunX KITE-USDT
Binance KITEUSDT
Extended KITE-USD
BloFin KITE-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KITEUSDT | +0.0445% | 4h | 0.1197 | −0.017% | $8.3M | $99K | 5x | as long as short |
| Bybit KITEUSDT | +0.0927% | 4h | 0.1196 | −0.125% | $1.1M | $2.7M | 25x | as long as short |
| BingX KITE-USDTshort | +0.1028% | 4h | 0.1196 | −0.084% | — | $6.5M | — |
Aster KITEUSDT
Bybit KITEUSDT