KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0150%/8h= −16.4% APRnext payment −$0.75 per $10,000 · paid last 24h −0.022%

Price spread now: BingX against Gate+0.160%7-day average −0.089% · you sell dearer than you buy

Net, funding: paid 7d − costs−$297as in the Funding arb table

Net, price: spread back to 7d avg − costs−$269as in the Price arb table

costs, in and out, $10k−$2942.938% of the position

Long on Gate Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.028%−$3 on $10k

Price spread, last 4 days (all we have)−0.264%−$26 · spread now +0.160%, 7d avg −0.089%

Together, before fees−0.292%−$29 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BingX is 0.249% dearer against Gate than usual: you sell high and buy low (spread +0.160% now, against its 7-day average of −0.089%): +$25 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 5.5 days. At the pace of the last 7 days (−0.028% in total) that is about 2 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate KITE_USDT	0.1191	0.0250	pay 0.0125% / 4h	3h 57m	$537K	$212K	25x
Short	BingX KITE-USDT	0.1193	0.0100	get 0.0050% / 4h	3h 57m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.160%Rate

Funding earned: −$31.5
Price spread: +0.160% → −0.089%: $24.86
Slippage, 4 orders: −$268.83
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BingX: 5 bp × 2 orders: −$10
Net: −$300.47
Costs to cover: 2.938%
Break-even: never at this rate

Slippage from Gate: live order book, 14 min ago; BingX: live order book, 13 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, 14 min ago	7.97 bp	113.2 bp −$113	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 13 min ago	5.46 bp	17.4 bp −$17	43.4 bp −$434	375.2 bp −$37.5K	919.1 bp −$459.6K

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	+0.0054%	4h	0.1193	+0.151%	$821K	$57K	10x	as long as short
Binance KITEUSDT	+0.0100%	4h	0.1193	+0.154%	$19.9M	$5.7M	10x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1192	+0.042%	$1.0M	$302K	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1193	+0.168%	$787K	$281K	50x	as long as short
KuCoin KITEUSDTM	+0.0100%	4h	0.1192	+0.084%	$410K	$59K	10x	as long as short
Bitget KITEUSDT	+0.0100%	4h	0.1193	+0.176%	$2.6M	$371K	10x	as long as short
BingX KITE-USDTshort	+0.0100%	4h	0.1193	+0.160%	—	$6.5M	—
Variational Omni KITE	+0.0100%	4h	0.1191	+0.041%	$10K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1191	−0.042%	$2K	$1.2M	20x	as long as short
Extended KITE-USD	+0.0104%	1h	0.1192	+0.125%	$16K	$146K	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_USDTlong	+0.0250%	4h	0.1191	long leg	$537K	$212K	25x
Bybit KITEUSDT	+0.0386%	4h	0.1192	+0.084%	$1.1M	$2.5M	25x	as long as short
Aster KITEUSDT	+0.0393%	4h	0.1192	+0.126%	$8.3M	$101K	5x	as long as short