KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0196%/8h= +21.5% APRnext payment +$0.98 per $10,000 · paid last 24h +0.022%

Price spread now: Gate against BingX0.000%7-day average +0.092% · you sell dearer than you buy

Net, funding: paid 7d − costs−$191as in the Funding arb table

Net, price: spread back to 7d avg − costs−$203as in the Price arb table

costs, in and out, $10k−$1931.934% of the position

Long on BingX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.028%+$3 on $10k

Price spread, last 4 days (all we have)+0.018%+$2 · spread now 0.000%, 7d avg +0.092%

Together, before fees+0.046%+$5 on $10k · with fees, hour by hour

Funding pays, the price is against you. Gate is 0.092% cheaper against BingX than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.092%). If the spread goes back, that is −$9 on $10k: about 37 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.028% in total) that is about 23 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.028% in total (about 1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.98 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	BingX KITE-USDT	0.1184	0.0100	pay 0.0050% / 4h	2h 27m	—	$6.5M	—
Short	Gate KITE_USDT	0.1184	0.0296	get 0.0148% / 4h	2h 27m	$534K	$228K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now 0.000%Rate

Funding earned: $41.16
Price spread: 0.000% → +0.092%: −$9.17
Slippage, 4 orders: −$168.4
Fee BingX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$161.41
Costs to cover: 1.934%
Break-even: 34.5 days

Slippage from BingX: live order book, 4 min ago; Gate: live order book, 58 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, 4 min ago	5.50 bp	20.8 bp −$21	49.5 bp −$495	883.1 bp −$88.3K	1283.8 bp −$641.9K
Sell Gate live order book, 58 min ago	5.49 bp	101.6 bp −$102	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
BloFin KITE-USDT	+0.0092%	4h	0.1183	−0.059%	$821K	$58K	10x	as long as short
Binance KITEUSDT	+0.0100%	4h	0.1184	+0.034%	$19.8M	$5.9M	10x	as long as short
Bybit KITEUSDT	+0.0100%	4h	0.1183	−0.093%	$1.1M	$2.6M	25x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1182	−0.194%	$989K	$308K	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1184	+0.025%	$733K	$254K	50x	as long as short
KuCoin KITEUSDTM	+0.0100%	4h	0.1183	−0.084%	$407K	$56K	10x	as long as short
Bitget KITEUSDT	+0.0100%	4h	0.1184	−0.008%	$2.6M	$388K	10x	as long as short
BingX KITE-USDTlong	+0.0100%	4h	0.1184	long leg	—	$6.5M	—
Variational Omni KITE	+0.0100%	4h	0.1181	−0.211%	$10K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1183	−0.025%	$1K	$1.3M	20x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended KITE-USD	+0.0104%	1h	0.1184	−0.008%	$16K	$150K	10x	as long as short
Aster KITEUSDT	+0.0270%	4h	0.1183	−0.059%	$8.2M	$112K	5x	as long as short
Gate KITE_USDTshort	+0.0296%	4h	0.1184	0.000%	$534K	$228K	25x