KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.16 per $10,000 · paid last 24h −0.002%

Price spread now: BloFin against BingX+0.132%7-day average +0.058% · you sell dearer than you buy

Net, funding: paid 7d − costs−$90as in the Funding arb table

Net, price: spread back to 7d avg − costs−$82as in the Price arb table

costs, in and out, $10k−$890.889% of the position

Long on BingX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 4 days (all we have)−0.050%−$5 · spread now +0.132%, 7d avg +0.058%

Together, before fees−0.057%−$6 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.074% dearer against BingX than usual: you sell high and buy low (spread +0.132% now, against its 7-day average of +0.058%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.8 days. At the pace of the last 7 days (−0.007% in total) that is about 2 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX KITE-USDT	0.1291	0.0168	pay 0.0084% / 4h	2h 59m	—	$6.6M	—
Short	BloFin KITE-USDT	0.1293	0.0136	get 0.0068% / 4h	2h 59m	$898K	$60K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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 BingXbpFee BloFinbpOrdersPrice spread, now +0.132%Rate

Funding earned: −$6.63
Price spread: +0.132% → +0.058%: $7.37
Slippage, 4 orders: −$66.9
Fee BingX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$88.15
Costs to cover: 0.889%
Break-even: never at this rate

Slippage from BingX: live order book, 3 min ago; BloFin: live order book, 13 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 BingX live order book, 3 min ago	5.44 bp	26.2 bp −$26	59.3 bp −$593	375.6 bp −$37.6K	803.7 bp −$401.8K
Sell BloFin live order book, 13 min ago	7.81 bp	17.7 bp −$18	41.1 bp −$411	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
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1286	−0.364%	$1.1M	$724K	10x	as long as short
KuCoin KITEUSDTM	+0.0100%	4h	0.1290	−0.108%	$474K	$114K	10x	as long as short
Bitget KITEUSDT	+0.0100%	4h	0.1289	−0.186%	$2.6M	$1.2M	10x	as long as short
Variational Omni KITE	+0.0100%	4h	0.1287	−0.340%	$11K	$10K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1290	−0.062%	$2K	$1.6M	20x	as long as short
BloFin KITE-USDTshort	+0.0136%	4h	0.1293	+0.132%	$898K	$60K	10x
MEXC KITE_USDT	+0.0150%	4h	0.1290	−0.124%	$855K	$317K	50x	as long as short
Binance KITEUSDT	+0.0150%	4h	0.1291	0.000%	$21.8M	$7.8M	10x	as long as short
Extended KITE-USD	+0.0152%	1h	0.1289	−0.136%	$25K	$189K	10x	as long as short
BingX KITE-USDTlong	+0.0168%	4h	0.1291	long leg	—	$6.6M	—

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit KITEUSDT	+0.0261%	4h	0.1292	+0.031%	$1.3M	$3.5M	25x	as long as short
Aster KITEUSDT	+0.0435%	4h	0.1292	+0.062%	$8.9M	$139K	5x	as long as short
Gate KITE_USDT	+0.0732%	4h	0.1293	+0.163%	$599K	$267K	25x	as long as short