KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0682%/8h= +74.7% APRnext payment +$3.41 per $10,000 · paid last 24h +0.007%

Price spread now: BingX against MEXC+0.025%7-day average −0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs−$73as in the Funding arb table

Net, price: spread back to 7d avg − costs−$67as in the Price arb table

costs, in and out, $10k−$740.737% of the position

Long on MEXC Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.007%+$1 on $10k

Price spread, last 4 days (all we have)−0.052%−$5 · spread now +0.025%, 7d avg −0.040%

Together, before fees−0.044%−$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and BingX is 0.064% dearer against MEXC than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.040%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.007% in total (about 0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.41 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	MEXC KITE_USDT	0.1222	0.0100	pay 0.0050% / 4h	3h 20m	$734K	$247K	50x
Short	BingX KITE-USDT	0.1223	0.0782	get 0.0391% / 4h	3h 20m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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 MEXCbpFee BingXbpOrdersPrice spread, now +0.025%Rate

Funding earned: $143.22
Price spread: +0.025% → −0.040%: $6.41
Slippage, 4 orders: −$55.67
Fee MEXC: 4 bp × 2 orders: −$8
Fee BingX: 5 bp × 2 orders: −$10
Net: $75.95
Costs to cover: 0.737%
Break-even: 3.3 days

Slippage from MEXC: live order book, 25 min ago; BingX: live order book, 16 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 MEXC live order book, 25 min ago	0.41 bp	11.1 bp −$11	43.6 bp −$436	253.4 bp −$25.3K	771.8 bp −$385.9K
Sell BingX live order book, 16 min ago	5.29 bp	28.0 bp −$28	72.9 bp −$729	641.8 bp −$64.2K	1213.3 bp −$606.6K

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	0.1222	−0.008%	$20.4M	$6.4M	10x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1221	−0.123%	$1.1M	$391K	10x	as long as short
MEXC KITE_USDTlong	+0.0100%	4h	0.1222	long leg	$734K	$247K	50x
KuCoin KITEUSDTM	+0.0100%	4h	0.1222	+0.016%	$419K	$66K	10x	as long as short
Bitget KITEUSDT	+0.0100%	4h	0.1224	+0.147%	$2.7M	$629K	10x	as long as short
Variational Omni KITE	+0.0100%	4h	0.1223	+0.032%	$11K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1222	−0.041%	$1K	$1.4M	20x	as long as short
Extended KITE-USD	+0.0104%	1h	0.1222	−0.012%	$17K	$77K	10x	as long as short
BloFin KITE-USDT	+0.0134%	4h	0.1220	−0.188%	$853K	$50K	10x	as long as short
Aster KITEUSDT	+0.0419%	4h	0.1223	+0.041%	$8.5M	$105K	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_USDT	+0.0654%	4h	0.1223	+0.090%	$568K	$247K	25x	as long as short
BingX KITE-USDTshort	+0.0782%	4h	0.1223	+0.025%	—	$6.5M	—
Bybit KITEUSDT	+0.0928%	4h	0.1222	−0.033%	$1.2M	$2.9M	25x	as long as short