KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0939%/8h= −102.9% APRnext payment −$4.70 per $10,000 · paid last 24h −0.018%

Price spread now: Bitget against Bybit0.000%7-day average +0.068% · you sell dearer than you buy

Net, funding: paid 7d − costs−$183as in the Funding arb table

Net, price: spread back to 7d avg − costs−$190as in the Price arb table

costs, in and out, $10k−$1831.832% of the position

Long on Bybit Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days+0.118%+$12 · spread now 0.000%, 7d avg +0.068%

Together, before fees+0.118%+$12 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$28 a day on $10k at the current rate, and Bitget is 0.068% cheaper against Bybit than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.068%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.000% in total (about -0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.70 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	Bybit KITEUSDT	0.1211	0.1039	pay 0.0520% / 4h	3h 10m	$1.3M	$2.6M	25x
Short	Bitget KITEUSDT	0.1211	0.0100	get 0.0050% / 4h	3h 10m	$2.7M	$435K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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 BybitbpFee BitgetbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$197.25
Price spread: 0.000% → +0.068%: −$6.8
Slippage, 4 orders: −$160.2
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$387.25
Costs to cover: 1.832%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 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 Bybit live order book, 2 min ago	0.82 bp	59.1 bp −$59	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	7.40 bp	25.0 bp −$25	105.8 bp −$1,058	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	0.1208	−0.248%	$1.0M	$311K	10x	as long as short
KuCoin KITEUSDTM	+0.0100%	4h	0.1213	+0.116%	$415K	$60K	10x	as long as short
Bitget KITEUSDTshort	+0.0100%	4h	0.1211	0.000%	$2.7M	$435K	10x
Variational Omni KITE	+0.0100%	4h	0.1213	+0.120%	$11K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1211	−0.033%	$2K	$1.3M	20x	as long as short
Extended KITE-USD	+0.0112%	1h	0.1212	+0.061%	$17K	$93K	10x	as long as short
Binance KITEUSDT	+0.0113%	4h	0.1211	−0.083%	$20.2M	$5.8M	10x	as long as short
MEXC KITE_USDT	+0.0114%	4h	0.1210	−0.091%	$816K	$303K	50x	as long as short
BloFin KITE-USDT	+0.0147%	4h	0.1216	+0.380%	$839K	$58K	10x	as long as short
Aster KITEUSDT	+0.0556%	4h	0.1211	−0.041%	$8.4M	$103K	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate KITE_USDT	+0.0802%	4h	0.1211	−0.050%	$545K	$227K	25x	as long as short
BingX KITE-USDT	+0.0870%	4h	0.1211	−0.083%	—	$6.5M	—	as long as short
Bybit KITEUSDTlong	+0.1039%	4h	0.1211	long leg	$1.3M	$2.6M	25x