KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0047%/8h= +5.2% APRnext payment +$0.24 per $10,000 · paid last 24h −0.012%

Price spread now: BloFin against Bybit+0.085%112s7-day average +0.055% · you sell dearer than you buy

Net, funding: paid 7d − costs−$91as 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−$910.912% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.005%$0 on $10k

Price spread, last 3 days (all we have)−0.125%−$13 · spread now +0.085%, 7d avg +0.055%

Together, before fees−0.120%−$12 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.029% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.055%. The two prices were read 112 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	Bybit KITEUSDT	0.1182	0.0100	pay 0.0050% / 4h	2h 01m	$1.2M	$2.5M	25x
Short	BloFin KITE-USDT	0.1183	0.0147	get 0.0074% / 4h	2h 01m	$821K	$58K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.085%Rate

Funding earned: $9.9
Price spread: +0.085% → +0.055%: $2.94
Slippage, 4 orders: −$68.24
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$78.39
Costs to cover: 0.912%
Break-even: 62.4 days

Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 20 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, 1 min ago	0.85 bp	51.9 bp −$52	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 20 min ago	1.68 bp	18.4 bp −$18	39.1 bp −$391	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
Binance KITEUSDT	+0.0100%	4h	0.1183	+0.107%	$19.8M	$5.9M	10x	as long as short
Bybit KITEUSDTlong	+0.0100%	4h	0.1182	long leg	$1.2M	$2.5M	25x
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1181	−0.127%	$988K	$301K	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1183	+0.102%	$733K	$255K	50x	as long as short
KuCoin KITEUSDTM	+0.0100%	4h	0.1183	+0.102%	$407K	$56K	10x	as long as short
Bitget KITEUSDT	+0.0100%	4h	0.1184	+0.195%	$2.6M	$387K	10x	as long as short
BingX KITE-USDT	+0.0100%	4h	0.1183	+0.068%	—	$6.5M	—	as long as short
Variational Omni KITE	+0.0100%	4h	0.1181	−0.064%	$10K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1182	−0.017%	$1K	$1.3M	20x	as long as short
Extended KITE-USD	+0.0104%	1h	0.1183	+0.087%	$16K	$150K	10x	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	+0.0128%	4h	0.1182	+0.042%	$533K	$228K	25x	as long as short
BloFin KITE-USDTshort	+0.0147%	4h	0.1183	+0.085%	$821K	$58K	10x
Aster KITEUSDT	+0.0189%	4h	0.1183	+0.075%	$8.2M	$109K	5x	as long as short