KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0264%/8h= −28.9% APRnext payment −$1.32 per $10,000 · paid last 24h −0.075%

Price spread now: KuCoin against Gate0.000%7-day average −0.105% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,980as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,961as in the Price arb table

costs, in and out, $10k−$1,97119.710% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.085%−$9 on $10k

Price spread, last 4 days (all we have)−0.025%−$3 · spread now 0.000%, 7d avg −0.105%

Together, before fees−0.111%−$11 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.105% dearer against Gate than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.105%): +$10 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 32 hours. At the pace of the last 7 days (−0.085% in total) that is about 8.6 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.085% in total (about -4.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.32 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	0.1234	0.0364	pay 0.0182% / 4h	1h 53m	$576K	$249K	25x
Short	KuCoin KITEUSDTM	0.1234	0.0100	get 0.0050% / 4h	1h 53m	$436K	$82K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$55.44
Price spread: 0.000% → −0.105%: $10.48
Slippage, 4 orders: −$1,944.04
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$2,016
Costs to cover: 19.710%
Break-even: never at this rate

Slippage from Gate: live order book, 52 min ago; KuCoin: live order book, 64 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, 52 min ago	6.59 bp	95.6 bp −$96	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 64 min ago	14.71 bp	508.7 bp −$509	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	+0.057%	$858K	$51K	10x	as long as short
Binance KITEUSDT	+0.0100%	4h	0.1233	−0.076%	$20.6M	$6.5M	10x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1231	−0.235%	$1.1M	$454K	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1234	−0.041%	$897K	$260K	50x	as long as short
KuCoin KITEUSDTMshort	+0.0100%	4h	0.1234	0.000%	$436K	$82K	10x
Bitget KITEUSDT	+0.0100%	4h	0.1234	−0.057%	$2.8M	$788K	10x	as long as short
Variational Omni KITE	+0.0100%	4h	0.1228	−0.475%	$11K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1233	−0.122%	$1K	$1.4M	20x	as long as short
Extended KITE-USD	+0.0104%	1h	0.1234	−0.052%	$18K	$181K	10x	as long as short
Bybit KITEUSDT	+0.0214%	4h	0.1233	−0.097%	$1.2M	$3.0M	25x	as long as short

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	−0.081%	—	$6.5M	—	as long as short
Gate KITE_USDTlong	+0.0364%	4h	0.1234	long leg	$576K	$249K	25x
Aster KITEUSDT	+0.0395%	4h	0.1234	−0.048%	$8.5M	$114K	5x	as long as short