KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0494%/8h= +54.1% APRnext payment +$2.47 per $10,000 · paid last 24h +0.054%

Price spread now: Gate against OKX+0.184%7-day average +0.195% · you sell dearer than you buy

Net, funding: paid 7d − costs−$315as in the Funding arb table

Net, price: spread back to 7d avg − costs−$325as in the Price arb table

costs, in and out, $10k−$3243.237% of the position

Long on OKX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.090%+$9 on $10k

Price spread, last 4 days (all we have)−0.042%−$4 · spread now +0.184%, 7d avg +0.195%

Together, before fees+0.048%+$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.195%, so right now this pair is about funding alone: +$15 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 0.090% in total (about 4.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.47 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	OKX KITE-USDT-SWAP	0.1197	0.0100	pay 0.0050% / 4h	3h 32m	$1.0M	$303K	10x
Short	Gate KITE_USDT	0.1199	0.0594	get 0.0297% / 4h	3h 32m	$540K	$216K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.184%Rate

Funding earned: $103.74
Price spread: +0.184% → +0.195%: −$1.08
Slippage, 4 orders: −$298.66
Fee OKX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$221
Costs to cover: 3.237%
Break-even: 21.9 days

Slippage from OKX: live order book, 4 min ago; Gate: live order book, 38 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, 4 min ago	6.25 bp	37.5 bp −$38	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 38 min ago	7.97 bp	142.5 bp −$142	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	0.1198	+0.159%	$20.0M	$5.8M	10x	as long as short
OKX KITE-USDT-SWAPlong	+0.0100%	4h	0.1197	long leg	$1.0M	$303K	10x
MEXC KITE_USDT	+0.0100%	4h	0.1199	+0.167%	$783K	$296K	50x	as long as short
KuCoin KITEUSDTM	+0.0100%	4h	0.1197	+0.033%	$410K	$59K	10x	as long as short
Bitget KITEUSDT	+0.0100%	4h	0.1199	+0.184%	$2.7M	$427K	10x	as long as short
Variational Omni KITE	+0.0100%	4h	0.1201	+0.398%	$10K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1197	+0.017%	$2K	$1.3M	20x	as long as short
Extended KITE-USD	+0.0104%	1h	0.1198	+0.136%	$16K	$141K	10x	as long as short
BloFin KITE-USDT	+0.0114%	4h	0.1200	+0.301%	$824K	$57K	10x	as long as short
Aster KITEUSDT	+0.0427%	4h	0.1199	+0.184%	$8.3M	$104K	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit KITEUSDT	+0.0583%	4h	0.1198	+0.100%	$1.1M	$2.5M	25x	as long as short
Gate KITE_USDTshort	+0.0594%	4h	0.1199	+0.184%	$540K	$216K	25x
BingX KITE-USDT	+0.0598%	4h	0.1198	+0.092%	—	$6.5M	—	as long as short