KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.23 per $10,000 · paid last 24h −0.010%

Price spread now: OKX against MEXC+0.061%7-day average −0.148% · you sell dearer than you buy

Net, funding: paid 7d − costs−$78as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$740.740% of the position

Long on MEXC Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.039%−$4 on $10k

Price spread, last 4 days (all we have)−0.046%−$5 · spread now +0.061%, 7d avg −0.148%

Together, before fees−0.085%−$9 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.209% dearer against MEXC than usual: you sell high and buy low (spread +0.061% now, against its 7-day average of −0.148%): +$21 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 15 days. At the pace of the last 7 days (−0.039% in total) that is about 38 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC KITE_USDT	0.1310	0.0146	pay 0.0073% / 4h	1h 46m	$819K	$345K	50x
Short	OKX KITE-USDT-SWAP	0.1311	0.0100	get 0.0050% / 4h	1h 46m	$1.2M	$863K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.061%Rate

Funding earned: −$9.66
Price spread: +0.061% → −0.148%: $20.89
Slippage, 4 orders: −$55.99
Fee MEXC: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$62.75
Costs to cover: 0.740%
Break-even: never at this rate

Slippage from MEXC: live order book, 60 min ago; OKX: live order book, 3 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, 60 min ago	0.39 bp	8.8 bp −$9	44.8 bp −$448	224.9 bp −$22.5K	573.5 bp −$286.7K
Sell OKX live order book, 3 min ago	5.72 bp	30.6 bp −$31	doesn't fit	doesn't fit	doesn't fit

KITE on 13 exchanges

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
Bybit KITEUSDT	+0.0100%	4h	0.1311	+0.092%	$1.4M	$3.7M	25x	as long as short
OKX KITE-USDT-SWAPshort	+0.0100%	4h	0.1311	+0.061%	$1.2M	$863K	10x
KuCoin KITEUSDTM	+0.0100%	4h	0.1309	−0.076%	$471K	$126K	10x	as long as short
Bitget KITEUSDT	+0.0100%	4h	0.1312	+0.137%	$2.7M	$1.3M	10x	as long as short
Variational Omni KITE	+0.0100%	4h	0.1308	−0.144%	$11K	$10K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1309	−0.046%	$1K	$1.7M	20x	as long as short
BloFin KITE-USDT	+0.0139%	4h	0.1310	+0.023%	$920K	$57K	10x	as long as short
Extended KITE-USD	+0.0144%	1h	0.1311	+0.104%	$26K	$191K	10x	as long as short
MEXC KITE_USDTlong	+0.0146%	4h	0.1310	long leg	$819K	$345K	50x
Binance KITEUSDT	+0.0148%	4h	0.1311	+0.111%	$22.2M	$8.2M	10x	as long as short

Show all 13 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX KITE-USDT	+0.0156%	4h	0.1310	+0.046%	—	$6.6M	—	as long as short
Aster KITEUSDT	+0.0481%	4h	0.1310	+0.053%	$9.1M	$158K	5x	as long as short
Gate KITE_USDT	+0.0484%	4h	0.1310	+0.046%	$602K	$280K	25x	as long as short