KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0398%/8h= +43.6% APRnext payment +$1.99 per $10,000 · paid last 24h +0.075%

Price spread now: Gate against Bitget+0.246%7-day average +0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$312as in the Funding arb table

Net, price: spread back to 7d avg − costs−$297as in the Price arb table

costs, in and out, $10k−$3213.205% of the position

Long on Bitget Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.081%+$8 on $10k

Price spread, last 4 days (all we have)−0.221%−$22 · spread now +0.246%, 7d avg +0.011%

Together, before fees−0.139%−$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Gate is 0.235% dearer against Bitget than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.011%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.081% in total (about 4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.99 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	Bitget KITEUSDT	0.1220	0.0100	pay 0.0050% / 4h	2h 21m	$2.7M	$757K	10x
Short	Gate KITE_USDT	0.1223	0.0498	get 0.0249% / 4h	2h 21m	$568K	$246K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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 BitgetbpFee GatebpOrdersPrice spread, now +0.246%Rate

Funding earned: $83.58
Price spread: +0.246% → +0.011%: $23.49
Slippage, 4 orders: −$293.52
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$213.45
Costs to cover: 3.205%
Break-even: 24.9 days

Slippage from Bitget: live order book, 1 min ago; Gate: live order book, 25 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 Bitget live order book, 1 min ago	6.95 bp	41.6 bp −$42	117.8 bp −$1,178	doesn't fit	doesn't fit
Sell Gate live order book, 25 min ago	6.59 bp	156.0 bp −$156	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	+0.0041%	4h	0.1223	+0.197%	$850K	$50K	10x	as long as short
Binance KITEUSDT	+0.0100%	4h	0.1221	+0.066%	$20.4M	$6.5M	10x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1218	−0.172%	$1.0M	$422K	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1221	+0.057%	$888K	$263K	50x	as long as short
KuCoin KITEUSDTM	+0.0100%	4h	0.1223	+0.246%	$420K	$77K	10x	as long as short
Bitget KITEUSDTlong	+0.0100%	4h	0.1220	long leg	$2.7M	$757K	10x
Variational Omni KITE	+0.0100%	4h	0.1212	−0.725%	$11K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1219	−0.082%	$2K	$1.4M	20x	as long as short
Extended KITE-USD	+0.0104%	1h	0.1221	+0.022%	$18K	$182K	10x	as long as short
BingX KITE-USDT	+0.0382%	4h	0.1221	+0.090%	—	$6.5M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit KITEUSDT	+0.0444%	4h	0.1220	−0.016%	$1.2M	$2.9M	25x	as long as short
Aster KITEUSDT	+0.0465%	4h	0.1220	−0.022%	$8.5M	$112K	5x	as long as short
Gate KITE_USDTshort	+0.0498%	4h	0.1223	+0.246%	$568K	$246K	25x