Settings8H · net · $10k
Funding arb · Price arb /

KITE

all KITE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0658%/8h= +72.1% APRnext payment +$3.29 per $10,000 · paid last 24h +0.054%
Price spread now: Gate against KuCoin+0.142%7-day average +0.105% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,601as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,603as in the Price arb table
costs, in and out, $10k−$1,60716.071% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.065%+$6 on $10k
Price spread, last 4 days (all we have)−0.105%−$11 · spread now +0.142%, 7d avg +0.105%
Together, before fees−0.040%−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Gate is 0.037% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.105%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.065% in total (about 3.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.29 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin KITEUSDTM0.12010.0100pay 0.0050% / 4h3h 27m$411K$60K10x
ShortGate KITE_USDT0.12030.0758get 0.0379% / 4h3h 27m$542K$216K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. 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

Funding earned
$138.18
Price spread: +0.142% → +0.105%
$3.69
Slippage, 4 orders
−$1,580.15
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$1,465.28
Costs to cover
16.071%
Break-even
81.2 days
Slippage from KuCoin: live order book, 24 min ago; Gate: live order book, 43 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 24 min ago13.46 bp794.5 bp −$795doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 43 min ago7.97 bp142.5 bp −$142doesn't fitdoesn't fitdoesn't fit

KITE on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin KITE-USDT+0.0060%4h0.1197−0.333%$827K$57K10xas long as short
Binance KITEUSDT+0.0100%4h0.1203+0.117%$20.1M$5.8M10xas long as short
OKX KITE-USDT-SWAP+0.0100%4h0.1202+0.033%$1.0M$302K10xas long as short
MEXC KITE_USDT+0.0100%4h0.1202+0.092%$785K$296K50xas long as short
KuCoin KITEUSDTMlong+0.0100%4h0.1201long leg$411K$60K10x
Bitget KITEUSDT+0.0100%4h0.1203+0.158%$2.7M$448K10xas long as short
Variational Omni KITE+0.0100%4h0.1197−0.369%$10K$13Kas long as short
SunX KITE-USDT+0.0100%4h0.1202+0.033%$2K$1.3M20xas long as short
Extended KITE-USD+0.0104%1h0.1202+0.094%$17K$120K10xas long as short
Aster KITEUSDT+0.0445%4h0.1201+0.006%$8.3M$104K5xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX KITE-USDT+0.0626%4h0.1203+0.117%$6.5Mas long as short
Gate KITE_USDTshort+0.0758%4h0.1203+0.142%$542K$216K25x
Bybit KITEUSDT+0.0883%4h0.1203+0.117%$1.1M$2.5M25xas long as short