KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0536%/8h= +58.7% APRnext payment +$2.68 per $10,000 · paid last 24h +0.085%

Price spread now: Gate against MEXC+0.039%7-day average +0.051% · you sell dearer than you buy

Net, funding: paid 7d − costs−$545as in the Funding arb table

Net, price: spread back to 7d avg − costs−$555as in the Price arb table

costs, in and out, $10k−$5545.540% of the position

Long on MEXC Short on Gate

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)−0.138%−$14 · spread now +0.039%, 7d avg +0.051%

Together, before fees−0.044%−$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.051%, so right now this pair is about funding alone: +$16 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 +$2.68 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	MEXC KITE_USDT	0.1292	0.0142	pay 0.0071% / 4h	3h 00m	$857K	$320K	50x
Short	Gate KITE_USDT	0.1293	0.0678	get 0.0339% / 4h	3h 00m	$599K	$285K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against MEXC. 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 MEXCbpFee GatebpOrdersPrice spread, now +0.039%Rate

Funding earned: $112.56
Price spread: +0.039% → +0.051%: −$1.2
Slippage, 4 orders: −$530.97
Fee MEXC: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$442.61
Costs to cover: 5.540%
Break-even: 34.5 days

Slippage from MEXC: live order book, 21 min ago; Gate: live order book, 31 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 MEXC live order book, 21 min ago	1.17 bp	13.9 bp −$14	72.3 bp −$723	223.1 bp −$22.3K	521.6 bp −$260.8K
Sell Gate live order book, 31 min ago	9.45 bp	261.8 bp −$262	doesn't fit	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
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1290	−0.147%	$1.1M	$726K	10x	as long as short
KuCoin KITEUSDTM	+0.0100%	4h	0.1293	+0.054%	$448K	$114K	10x	as long as short
Bitget KITEUSDT	+0.0100%	4h	0.1291	−0.093%	$2.6M	$1.2M	10x	as long as short
Variational Omni KITE	+0.0100%	4h	0.1287	−0.432%	$11K	$10K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1292	−0.062%	$2K	$1.6M	20x	as long as short
BloFin KITE-USDT	+0.0123%	4h	0.1286	−0.487%	$893K	$59K	10x	as long as short
MEXC KITE_USDTlong	+0.0142%	4h	0.1292	long leg	$857K	$320K	50x
Binance KITEUSDT	+0.0150%	4h	0.1293	+0.010%	$21.8M	$7.8M	10x	as long as short
Extended KITE-USD	+0.0152%	1h	0.1293	+0.041%	$25K	$189K	10x	as long as short
BingX KITE-USDT	+0.0168%	4h	0.1291	−0.108%	—	$6.6M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit KITEUSDT	+0.0219%	4h	0.1293	+0.023%	$1.3M	$3.5M	25x	as long as short
Aster KITEUSDT	+0.0427%	4h	0.1290	−0.166%	$8.9M	$138K	5x	as long as short
Gate KITE_USDTshort	+0.0678%	4h	0.1293	+0.039%	$599K	$285K	25x