Funding you earn now, next payment 04:00 UTC+0.1386%/8h= +151.7% APRnext payment +$6.93 per $10,000 · paid last 24h +0.008%
Price spread now: Bybit against MEXC−0.042%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$248as in the Funding arb table
Net, price: spread back to 7d avg − costs−$249as in the Price arb table
costs, in and out, $10k−$2472.469% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)+0.056%+$6 · spread now −0.042%, 7d avg −0.024%
=The price spread sits at its 7-day average of −0.024%, so right now this pair is about funding alone: +$42 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 -0.010% in total (about -0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.93 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 | 0.1204 | 0.0130 | pay 0.0065% / 4h | 1h 56m | $743K | $304K | 50x |
| Short | Bybit KITEUSDT | 0.1204 | 0.1516 | get 0.0758% / 4h | 1h 56m | $1.3M | $2.6M | 25x |
MEXC KITE_USDT
Bybit KITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against MEXC. 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
- $291.01
- Price spread: −0.042% → −0.024%
- −$1.79
- Slippage, 4 orders
- −$227.91
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $42.32
- Costs to cover
- 2.469%
- Break-even
- 6.0 days
Slippage from MEXC: live order book, 64 min ago; Bybit: live order book, 1 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, 64 min ago | 2.08 bp | 28.4 bp −$28 | 76.2 bp −$762 | 216.5 bp −$21.6K | 613.1 bp −$306.5K |
| Sell Bybit live order book, 1 min ago | 5.41 bp | 100.5 bp −$101 | doesn't fit | doesn't fit | doesn't fit |
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 | 0.1203 | −0.141% | $1.0M | $311K | 10x | as long as short |
| KuCoin KITEUSDTM | +0.0100% | 4h | 0.1202 | −0.149% | $412K | $59K | 10x | as long as short |
| Bitget KITEUSDT | +0.0100% | 4h | 0.1204 | 0.000% | $2.7M | $485K | 10x | as long as short |
| Variational Omni KITE | +0.0100% | 4h | 0.1205 | +0.079% | $10K | $13K | — | as long as short |
| SunX KITE-USDT | +0.0100% | 4h | 0.1201 | −0.249% | $2K | $1.3M | 20x | as long as short |
| Extended KITE-USD | +0.0120% | 1h | 0.1204 | −0.032% | $16K | $92K | 10x | as long as short |
| Binance KITEUSDT | +0.0124% | 4h | 0.1204 | −0.008% | $20.1M | $5.9M | 10x | as long as short |
| MEXC KITE_USDTlong | +0.0130% | 4h | 0.1204 | long leg | $743K | $304K | 50x | |
| Gate KITE_USDT | +0.0250% | 4h | 0.1205 | +0.025% | $544K | $243K | 25x | as long as short |
| Aster KITEUSDT | +0.0502% | 4h | 0.1203 | −0.108% | $8.3M | $97K | 5x | as long as short |
OKX KITE-USDT-SWAP
KuCoin KITEUSDTM
Bitget KITEUSDT
Variational Omni KITE
SunX KITE-USDT
Extended KITE-USD
Binance KITEUSDT
Gate KITE_USDT
Aster KITEUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KITE-USDT | +0.1456% | 4h | 0.1203 | −0.075% | — | $6.5M | — | as long as short |
| Bybit KITEUSDTshort | +0.1516% | 4h | 0.1204 | −0.042% | $1.3M | $2.6M | 25x |
BingX KITE-USDT