Funding you earn now, next payment 04:00 UTC+0.0474%/8h= +51.9% APRnext payment +$2.37 per $10,000 · paid last 24h +0.017%
Price spread now: BingX against SunX−0.017%7-day average +0.012% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)−0.119%−$12 · spread now −0.017%, 7d avg +0.012%
=Funding pays, the price is against you. BingX is 0.028% cheaper against SunX than usual: you would sell low and buy high (spread −0.017% now, against its 7-day average of +0.012%). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.017% in total) that is about 11 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.017% in total (about 0.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.37 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 | SunX KITE-USDT | 0.1197 | 0.0100 | pay 0.0050% / 4h | 1h 13m | $1K | $1.3M | 20x |
| Short | BingX KITE-USDT | 0.1197 | 0.0574 | get 0.0287% / 4h | 1h 13m | — | $6.5M | — |
SunX KITE-USDT
BingX KITE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against SunX. 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
- $99.54
- Price spread: −0.017% → +0.012%
- −$2.84
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $78.7
- Costs to cover
- 0.180%
- Break-even
- 1.5 days
Slippage unknown: SunX: live order book, 11 min ago; BingX: live order book, 3 min ago. Net counts fees only.
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 SunX live order book, 11 min ago | 498.08 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 5.44 bp | 20.2 bp −$20 | 55.1 bp −$551 | 370.9 bp −$37.1K | 1067.8 bp −$533.9K |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin KITE-USDT | +0.0085% | 4h | 0.1198 | +0.092% | $839K | $50K | 10x | as long as short |
| Binance KITEUSDT | +0.0100% | 4h | 0.1198 | +0.042% | $20.0M | $6.0M | 10x | as long as short |
| OKX KITE-USDT-SWAP | +0.0100% | 4h | 0.1196 | −0.117% | $1.0M | $318K | 10x | as long as short |
| MEXC KITE_USDT | +0.0100% | 4h | 0.1198 | +0.042% | $723K | $308K | 50x | as long as short |
| KuCoin KITEUSDTM | +0.0100% | 4h | 0.1197 | −0.050% | $407K | $62K | 10x | as long as short |
| Bitget KITEUSDT | +0.0100% | 4h | 0.1197 | −0.008% | $2.6M | $505K | 10x | as long as short |
| Variational Omni KITE | +0.0100% | 4h | 0.1195 | −0.170% | $10K | $13K | — | as long as short |
| SunX KITE-USDTlong | +0.0100% | 4h | 0.1197 | long leg | $1K | $1.3M | 20x | |
| Extended KITE-USD | +0.0104% | 1h | 0.1197 | +0.017% | $16K | $94K | 10x | as long as short |
| Gate KITE_USDT | +0.0338% | 4h | 0.1197 | 0.000% | $554K | $255K | 25x | as long as short |
BloFin KITE-USDT
Binance KITEUSDT
OKX KITE-USDT-SWAP
MEXC KITE_USDT
KuCoin KITEUSDTM
Bitget KITEUSDT
Variational Omni KITE
Extended KITE-USD
Gate KITE_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KITEUSDT | +0.0399% | 4h | 0.1198 | +0.038% | $8.3M | $98K | 5x | as long as short |
| Bybit KITEUSDT | +0.0466% | 4h | 0.1196 | −0.058% | $1.1M | $2.8M | 25x | as long as short |
| BingX KITE-USDTshort | +0.0574% | 4h | 0.1197 | −0.017% | — | $6.5M | — |
Aster KITEUSDT
Bybit KITEUSDT