KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0416%/8h= +45.6% APRnext payment +$2.08 per $10,000 · paid last 24h +0.075%

Price spread now: Gate against KuCoin−0.166%7-day average +0.101% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,884as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,919as in the Price arb table

costs, in and out, $10k−$1,89318.927% of the position

Long on KuCoin Short on Gate

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)+0.207%+$21 · spread now −0.166%, 7d avg +0.101%

Together, before fees+0.293%+$29 on $10k · with fees, hour by hour

Funding pays, the price is against you. Gate is 0.268% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.166% now, against its 7-day average of +0.101%). If the spread goes back, that is −$27 on $10k: about 2.1 days of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.085% in total) that is about 22 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 +$2.08 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	0.1262	0.0100	pay 0.0050% / 4h	11m 01s	$419K	$103K	10x
Short	Gate KITE_USDT	0.1259	0.0516	get 0.0258% / 4h	11m 01s	$583K	$280K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.166%Rate

Funding earned: $87.36
Price spread: −0.166% → +0.101%: −$26.76
Slippage, 4 orders: −$1,865.72
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$1,832.11
Costs to cover: 18.927%
Break-even: 153.8 days

Slippage from KuCoin: live order book, 22 min ago; Gate: live order book, 25 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	31.83 bp	908.7 bp −$909	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 25 min ago	8.80 bp	235.4 bp −$235	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
Binance KITEUSDT	+0.0100%	4h	0.1263	+0.079%	$21.3M	$7.5M	10x	as long as short
Bybit KITEUSDT	+0.0100%	4h	0.1261	−0.063%	$1.3M	$3.4M	25x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1262	+0.016%	$1.1M	$629K	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1263	+0.079%	$937K	$277K	50x	as long as short
KuCoin KITEUSDTMlong	+0.0100%	4h	0.1262	long leg	$419K	$103K	10x
Bitget KITEUSDT	+0.0100%	4h	0.1260	−0.087%	$2.7M	$876K	10x	as long as short
BingX KITE-USDT	+0.0100%	4h	0.1262	0.000%	—	$6.5M	—	as long as short
Variational Omni KITE	+0.0100%	4h	0.1259	−0.229%	$11K	$10K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1261	−0.055%	$1K	$1.6M	20x	as long as short
Extended KITE-USD	+0.0104%	1h	0.1261	−0.021%	$20K	$187K	10x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin KITE-USDT	+0.0106%	4h	0.1259	−0.190%	$881K	$52K	10x	as long as short
Aster KITEUSDT	+0.0415%	4h	0.1260	−0.085%	$8.7M	$126K	5x	as long as short
Gate KITE_USDTshort	+0.0516%	4h	0.1259	−0.166%	$583K	$280K	25x