KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.48 per $10,000 · paid last 24h +0.004%

Price spread now: Bybit against BloFin+0.591%52s7-day average −0.044% · you sell dearer than you buy

Net, funding: paid 7d − costs−$141as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1401.404% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.010%−$1 on $10k

Price spread, last 4 days (all we have)−0.582%−$58 · spread now +0.591%, 7d avg −0.044%

Together, before fees−0.592%−$59 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bybit is 0.635% dearer against BloFin than usual: you sell high and buy low: +$63 more if the spread goes back to its 7-day average of −0.044%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin KITE-USDT	0.1286	0.0123	pay 0.0061% / 4h	3h 00m	$893K	$59K	10x
Short	Bybit KITEUSDT	0.1294	0.0219	get 0.0110% / 4h	3h 00m	$1.3M	$3.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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 BloFinbpFee BybitbpOrdersPrice spread, now +0.591%Rate

Funding earned: $20.35
Price spread: +0.591% → −0.044%: $63.47
Slippage, 4 orders: −$117.35
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$56.53
Costs to cover: 1.404%
Break-even: 26.4 days

Slippage from BloFin: live order book, 11 min ago; Bybit: 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 BloFin live order book, 11 min ago	7.81 bp	20.6 bp −$21	44.8 bp −$448	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	3.89 bp	56.4 bp −$56	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
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1292	+0.482%	$1.1M	$725K	10x	as long as short
KuCoin KITEUSDTM	+0.0100%	4h	0.1293	+0.575%	$448K	$114K	10x	as long as short
Bitget KITEUSDT	+0.0100%	4h	0.1292	+0.459%	$2.6M	$1.2M	10x	as long as short
Variational Omni KITE	+0.0100%	4h	0.1287	+0.055%	$11K	$10K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1287	+0.039%	$1K	$1.6M	20x	as long as short
BloFin KITE-USDTlong	+0.0123%	4h	0.1286	long leg	$893K	$59K	10x
MEXC KITE_USDT	+0.0142%	4h	0.1293	+0.552%	$858K	$320K	50x	as long as short
Extended KITE-USD	+0.0144%	1h	0.1293	+0.500%	$25K	$189K	10x	as long as short
Binance KITEUSDT	+0.0150%	4h	0.1293	+0.575%	$21.8M	$7.8M	10x	as long as short
BingX KITE-USDT	+0.0168%	4h	0.1293	+0.521%	—	$6.6M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit KITEUSDTshort	+0.0219%	4h	0.1294	+0.591%	$1.3M	$3.5M	25x
Aster KITEUSDT	+0.0427%	4h	0.1291	+0.404%	$8.9M	$138K	5x	as long as short
Gate KITE_USDT	+0.0678%	4h	0.1294	+0.606%	$599K	$285K	25x	as long as short