KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0362%/8h= −39.6% APRnext payment −$1.81 per $10,000 · paid last 24h −0.044%

Price spread now: Binance against Gate+0.134%7-day average −0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$347as in the Funding arb table

Net, price: spread back to 7d avg − costs−$324as in the Price arb table

costs, in and out, $10k−$3423.419% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.051%−$5 on $10k

Price spread, last 4 days (all we have)+0.025%+$3 · spread now +0.134%, 7d avg −0.042%

Together, before fees−0.025%−$3 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.176% dearer against Gate than usual: you sell high and buy low (spread +0.134% now, against its 7-day average of −0.042%): +$18 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 39 hours. At the pace of the last 7 days (−0.051% in total) that is about 24 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.051% in total (about -2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.81 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	Gate KITE_USDT	0.1202	0.0462	pay 0.0231% / 4h	45m 28s	$556K	$245K	25x
Short	Binance KITEUSDT	0.1203	0.0100	get 0.0050% / 4h	45m 28s	$20.1M	$6.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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 GatebpFee BinancebpOrdersPrice spread, now +0.134%Rate

Funding earned: −$76.02
Price spread: +0.134% → −0.042%: $17.62
Slippage, 4 orders: −$316.92
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$400.32
Costs to cover: 3.419%
Break-even: never at this rate

Slippage from Gate: live order book, 11 min ago; Binance: live order book, 10 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 Gate live order book, 11 min ago	9.17 bp	166.0 bp −$166	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 10 min ago	2.09 bp	18.3 bp −$18	48.4 bp −$484	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 KITEUSDTshort	+0.0100%	4h	0.1203	+0.134%	$20.1M	$6.0M	10x
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1201	−0.025%	$1.0M	$325K	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1203	+0.092%	$726K	$292K	50x	as long as short
KuCoin KITEUSDTM	+0.0100%	4h	0.1202	+0.075%	$409K	$61K	10x	as long as short
Bitget KITEUSDT	+0.0100%	4h	0.1202	+0.017%	$2.6M	$509K	10x	as long as short
Variational Omni KITE	+0.0100%	4h	0.1200	−0.123%	$10K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1199	−0.183%	$2K	$1.3M	20x	as long as short
Extended KITE-USD	+0.0104%	1h	0.1201	−0.007%	$16K	$89K	10x	as long as short
BloFin KITE-USDT	+0.0154%	4h	0.1197	−0.391%	$832K	$49K	10x	as long as short
Bybit KITEUSDT	+0.0167%	4h	0.1202	+0.033%	$1.1M	$2.8M	25x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX KITE-USDT	+0.0194%	4h	0.1203	+0.141%	—	$6.5M	—	as long as short
Aster KITEUSDT	+0.0382%	4h	0.1202	+0.024%	$8.3M	$95K	5x	as long as short
Gate KITE_USDTlong	+0.0462%	4h	0.1202	long leg	$556K	$245K	25x