Funding you earn now, next payment 04:00 UTC−0.0013%/8h= −1.5% APRnext payment −$0.07 per $10,000 · paid last 24h −0.010%
Price spread now: Bitget against Binance−0.133%7-day average +0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1201.202% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 7 days+0.173%+$17 · spread now −0.133%, 7d avg +0.064%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Bitget is 0.197% cheaper against Binance than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.064%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance KITEUSDT | 0.1200 | 0.0113 | pay 0.0057% / 4h | 2h 25m | $20.0M | $6.0M | 10x |
| Short | Bitget KITEUSDT | 0.1199 | 0.0100 | get 0.0050% / 4h | 2h 25m | $2.6M | $476K | 10x |
Binance KITEUSDT
Bitget KITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- −$2.83
- Price spread: −0.133% → +0.064%
- −$19.75
- Slippage, 4 orders
- −$98.25
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$142.83
- Costs to cover
- 1.202%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; Bitget: live order book, 2 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 Binance live order book, 15 min ago | 2.51 bp | 25.9 bp −$26 | 68.5 bp −$685 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 7.91 bp | 39.8 bp −$40 | 91.1 bp −$911 | 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 | 0.1199 | −0.117% | $1.0M | $326K | 10x | as long as short |
| KuCoin KITEUSDTM | +0.0100% | 4h | 0.1200 | −0.025% | $412K | $61K | 10x | as long as short |
| Bitget KITEUSDTshort | +0.0100% | 4h | 0.1199 | −0.133% | $2.6M | $476K | 10x | |
| Variational Omni KITE | +0.0100% | 4h | 0.1201 | +0.071% | $10K | $13K | — | as long as short |
| SunX KITE-USDT | +0.0100% | 4h | 0.1199 | −0.117% | $1K | $1.3M | 20x | as long as short |
| MEXC KITE_USDT | +0.0106% | 4h | 0.1200 | +0.008% | $747K | $309K | 50x | as long as short |
| Extended KITE-USD | +0.0112% | 1h | 0.1200 | −0.010% | $16K | $90K | 10x | as long as short |
| Binance KITEUSDTlong | +0.0113% | 4h | 0.1200 | long leg | $20.0M | $6.0M | 10x | |
| Gate KITE_USDT | +0.0316% | 4h | 0.1200 | +0.008% | $540K | $241K | 25x | as long as short |
| Aster KITEUSDT | +0.0535% | 4h | 0.1198 | −0.151% | $8.3M | $102K | 5x | as long as short |
OKX KITE-USDT-SWAP
KuCoin KITEUSDTM
Variational Omni KITE
SunX KITE-USDT
MEXC KITE_USDT
Extended KITE-USD
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 | +0.1296% | 4h | 0.1200 | 0.000% | — | $6.5M | — | as long as short |
| Bybit KITEUSDT | +0.1437% | 4h | 0.1201 | +0.092% | $1.3M | $2.7M | 25x | as long as short |
BingX KITE-USDT
Bybit KITEUSDT