KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0392%/8h= −42.9% APRnext payment −$1.96 per $10,000 · paid last 24h −0.085%

Price spread now: MEXC against Gate−0.031%7-day average −0.049% · you buy dearer than you sell

Net, funding: paid 7d − costs−$367as in the Funding arb table

Net, price: spread back to 7d avg − costs−$356as in the Price arb table

costs, in and out, $10k−$3583.581% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.094%−$9 on $10k

Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.031%, 7d avg −0.049%

Together, before fees−0.081%−$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.049%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.094% in total (about -4.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.96 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate KITE_USDT	0.1292	0.0550	pay 0.0275% / 4h	2h 18m	$593K	$280K	25x
Short	MEXC KITE_USDT	0.1292	0.0158	get 0.0079% / 4h	2h 18m	$867K	$335K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.031%Rate

Funding earned: −$82.32
Price spread: −0.031% → −0.049%: $1.76
Slippage, 4 orders: −$335.13
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$438.69
Costs to cover: 3.581%
Break-even: never at this rate

Slippage from Gate: live order book, 30 min ago; MEXC: live order book, 28 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, 30 min ago	8.62 bp	157.0 bp −$157	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 28 min ago	0.39 bp	8.3 bp −$8	32.4 bp −$324	218.0 bp −$21.8K	612.3 bp −$306.2K

KITE on 13 exchanges

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
Bybit KITEUSDT	+0.0100%	4h	0.1291	−0.124%	$1.3M	$3.6M	25x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1288	−0.325%	$1.1M	$758K	10x	as long as short
KuCoin KITEUSDTM	+0.0100%	4h	0.1290	−0.162%	$464K	$127K	10x	as long as short
Bitget KITEUSDT	+0.0100%	4h	0.1290	−0.155%	$2.6M	$1.3M	10x	as long as short
Variational Omni KITE	+0.0100%	4h	0.1289	−0.268%	$11K	$10K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1290	−0.178%	$1K	$1.7M	20x	as long as short
BloFin KITE-USDT	+0.0134%	4h	0.1292	−0.039%	$906K	$59K	10x	as long as short
BingX KITE-USDT	+0.0146%	4h	0.1291	−0.101%	—	$6.5M	—	as long as short
MEXC KITE_USDTshort	+0.0158%	4h	0.1292	−0.031%	$867K	$335K	50x
Binance KITEUSDT	+0.0159%	4h	0.1292	−0.008%	$21.8M	$8.1M	10x	as long as short

Show all 13 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended KITE-USD	+0.0160%	1h	0.1292	−0.038%	$22K	$187K	10x	as long as short
Aster KITEUSDT	+0.0461%	4h	0.1291	−0.146%	$8.9M	$157K	5x	as long as short
Gate KITE_USDTlong	+0.0550%	4h	0.1292	long leg	$593K	$280K	25x