KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.1292%/8h= +141.5% APRnext payment +$6.46 per $10,000 · paid last 24h +0.017%

Price spread now: BingX against KuCoin+0.058%7-day average +0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,529as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,527as in the Price arb table

costs, in and out, $10k−$1,53115.309% of the position

Long on KuCoin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.021%+$2 on $10k

Price spread, last 4 days (all we have)−0.134%−$13 · spread now +0.058%, 7d avg +0.018%

Together, before fees−0.113%−$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$39 a day on $10k at the current rate, and BingX is 0.040% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.018%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.021% in total (about 1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.46 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	KuCoin KITEUSDTM	0.1198	0.0100	pay 0.0050% / 4h	2h 15m	$412K	$61K	10x
Short	BingX KITE-USDT	0.1198	0.1392	get 0.0696% / 4h	2h 15m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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 KuCoinbpFee BingXbpOrdersPrice spread, now +0.058%Rate

Funding earned: $271.32
Price spread: +0.058% → +0.018%: $4.02
Slippage, 4 orders: −$1,508.88
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$1,255.54
Costs to cover: 15.309%
Break-even: 39.4 days

Slippage from KuCoin: live order book, 22 min ago; BingX: live order book, 6 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 KuCoin live order book, 22 min ago	17.17 bp	1001.5 bp −$1,001	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 6 min ago	5.43 bp	18.8 bp −$19	51.3 bp −$513	490.0 bp −$49.0K	1146.0 bp −$573.0K

KITE on 12 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	−0.142%	$1.0M	$322K	10x	as long as short
KuCoin KITEUSDTMlong	+0.0100%	4h	0.1198	long leg	$412K	$61K	10x
Bitget KITEUSDT	+0.0100%	4h	0.1198	+0.067%	$2.7M	$490K	10x	as long as short
Variational Omni KITE	+0.0100%	4h	0.1198	+0.032%	$10K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1197	−0.092%	$1K	$1.3M	20x	as long as short
MEXC KITE_USDT	+0.0110%	4h	0.1198	0.000%	$745K	$310K	50x	as long as short
Binance KITEUSDT	+0.0110%	4h	0.1198	+0.003%	$20.0M	$5.9M	10x	as long as short
Extended KITE-USD	+0.0112%	1h	0.1197	−0.019%	$16K	$92K	10x	as long as short
Gate KITE_USDT	+0.0202%	4h	0.1197	−0.050%	$539K	$242K	25x	as long as short
Aster KITEUSDT	+0.0504%	4h	0.1198	+0.007%	$8.3M	$100K	5x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX KITE-USDTshort	+0.1392%	4h	0.1198	+0.058%	—	$6.5M	—
Bybit KITEUSDT	+0.1432%	4h	0.1198	+0.042%	$1.3M	$2.6M	25x	as long as short