Funding you earn now, next payment 12:00 UTC+0.0062%/8h= +6.8% APRnext payment +$0.31 per $10,000 · paid last 24h +0.012%
Price spread now: BingX against OKX+0.253%7-day average +0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$1121.119% of the position
Funding, last 7 days+0.046%+$5 on $10k
+Price spread, last 7 days−0.096%−$10 · spread now +0.253%, 7d avg +0.099%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.154% dearer against OKX than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.099%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX KITE-USDT-SWAP | 0.1303 | 0.0100 | pay 0.0050% / 4h | 2h 00m | $1.1M | $784K | 10x |
| Short | BingX KITE-USDT | 0.1307 | 0.0162 | get 0.0081% / 4h | 2h 00m | — | $6.6M | — |
OKX KITE-USDT-SWAP
BingX KITE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $13.02
- Price spread: +0.253% → +0.099%
- $15.37
- Slippage, 4 orders
- −$91.93
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$83.54
- Costs to cover
- 1.119%
- Break-even
- 51.9 days
Slippage from OKX: live order book, 4 min ago; BingX: live order book, 4 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 OKX live order book, 4 min ago | 6.16 bp | 30.5 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 4.61 bp | 26.3 bp −$26 | 61.2 bp −$612 | 533.4 bp −$53.3K | 1039.3 bp −$519.7K |
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 | 0.1305 | +0.138% | $1.3M | $3.7M | 25x | as long as short |
| OKX KITE-USDT-SWAPlong | +0.0100% | 4h | 0.1303 | long leg | $1.1M | $784K | 10x | |
| KuCoin KITEUSDTM | +0.0100% | 4h | 0.1304 | +0.046% | $469K | $126K | 10x | as long as short |
| Bitget KITEUSDT | +0.0100% | 4h | 0.1306 | +0.184% | $2.7M | $1.3M | 10x | as long as short |
| Variational Omni KITE | +0.0100% | 4h | 0.1304 | +0.084% | $11K | $10K | — | as long as short |
| SunX KITE-USDT | +0.0100% | 4h | 0.1304 | +0.038% | $2K | $1.7M | 20x | as long as short |
| BloFin KITE-USDT | +0.0130% | 4h | 0.1304 | +0.069% | $912K | $58K | 10x | as long as short |
| MEXC KITE_USDT | +0.0158% | 4h | 0.1306 | +0.176% | $852K | $344K | 50x | as long as short |
| Binance KITEUSDT | +0.0160% | 4h | 0.1305 | +0.169% | $22.1M | $8.2M | 10x | as long as short |
| Extended KITE-USD | +0.0160% | 1h | 0.1307 | +0.262% | $26K | $191K | 10x | as long as short |
Bybit KITEUSDT
KuCoin KITEUSDTM
Bitget KITEUSDT
Variational Omni KITE
SunX KITE-USDT
BloFin KITE-USDT
MEXC KITE_USDT
Binance KITEUSDT
Extended KITE-USDShow all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KITE-USDTshort | +0.0162% | 4h | 0.1307 | +0.253% | — | $6.6M | — | |
| Aster KITEUSDT | +0.0481% | 4h | 0.1304 | +0.067% | $9.0M | $156K | 5x | as long as short |
| Gate KITE_USDT | +0.0494% | 4h | 0.1306 | +0.199% | $600K | $283K | 25x | as long as short |
Aster KITEUSDT
Gate KITE_USDT