KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.28 per $10,000 · paid last 24h +0.010%

Price spread now: BloFin against OKX+0.552%73s7-day average +0.170% · you sell dearer than you buy

Net, funding: paid 7d − costs−$92as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$960.963% of the position

Long on OKX Short on BloFin

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)−0.443%−$44 · spread now +0.552%, 7d avg +0.170%

Together, before fees−0.404%−$40 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.381% dearer against OKX than usual: you sell high and buy low: +$38 more if the spread goes back to its 7-day average of +0.170%. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX KITE-USDT-SWAP	0.1305	0.0100	pay 0.0050% / 4h	1h 48m	$1.2M	$857K	10x
Short	BloFin KITE-USDT	0.1312	0.0156	get 0.0078% / 4h	1h 48m	$921K	$57K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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 OKXbpFee BloFinbpOrdersPrice spread, now +0.552%Rate

Funding earned: $11.79
Price spread: +0.552% → +0.170%: $38.14
Slippage, 4 orders: −$74.26
Fee OKX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$46.33
Costs to cover: 0.963%
Break-even: 34.5 days

Slippage from OKX: live order book, 1 min ago; BloFin: live order book, 62 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 OKX live order book, 1 min ago	5.72 bp	26.2 bp −$26	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 62 min ago	0.78 bp	18.8 bp −$19	40.8 bp −$408	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	0.1307	+0.169%	$1.4M	$3.7M	25x	as long as short
OKX KITE-USDT-SWAPlong	+0.0100%	4h	0.1305	long leg	$1.2M	$857K	10x
KuCoin KITEUSDTM	+0.0100%	4h	0.1307	+0.161%	$470K	$126K	10x	as long as short
Bitget KITEUSDT	+0.0100%	4h	0.1307	+0.169%	$2.7M	$1.3M	10x	as long as short
Variational Omni KITE	+0.0100%	4h	0.1308	+0.223%	$11K	$10K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1309	+0.330%	$1K	$1.7M	20x	as long as short
Extended KITE-USD	+0.0144%	1h	0.1307	+0.188%	$26K	$191K	10x	as long as short
Binance KITEUSDT	+0.0148%	4h	0.1307	+0.155%	$22.1M	$8.3M	10x	as long as short
MEXC KITE_USDT	+0.0152%	4h	0.1307	+0.184%	$817K	$345K	50x	as long as short
BloFin KITE-USDTshort	+0.0156%	4h	0.1312	+0.552%	$921K	$57K	10x

Show all 13 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX KITE-USDT	+0.0158%	4h	0.1307	+0.138%	—	$6.6M	—	as long as short
Aster KITEUSDT	+0.0485%	4h	0.1308	+0.246%	$9.1M	$158K	5x	as long as short
Gate KITE_USDT	+0.0498%	4h	0.1311	+0.452%	$603K	$280K	25x	as long as short