Funding arb · Price arb /

KITE

all KITE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%

Price spread now: KuCoin against Binance−0.108%7-day average −0.065% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,462as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,465as in the Price arb table

costs, in and out, $10k−$1,46114.607% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.014%−$1 on $10k

Price spread, last 4 days (all we have)+0.046%+$5 · spread now −0.108%, 7d avg −0.065%

Together, before fees+0.032%+$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.043% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.065%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance KITEUSDT	0.1198	0.0100	pay 0.0050% / 4h	51m 42s	$20.0M	$5.7M	10x
Short	KuCoin KITEUSDTM	0.1197	0.0100	get 0.0050% / 4h	51m 42s	$408K	$59K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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 BinancebpFee KuCoinbpOrdersPrice spread, now −0.108%Rate

Funding earned: $0
Price spread: −0.108% → −0.065%: −$4.26
Slippage, 4 orders: −$1,438.67
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,464.93
Costs to cover: 14.607%
Break-even: never at this rate

Slippage from Binance: live order book, 4 min ago; KuCoin: live order book, 10 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 Binance live order book, 4 min ago	0.42 bp	15.2 bp −$15	49.0 bp −$490	doesn't fit	doesn't fit
Sell KuCoin live order book, 10 min ago	15.07 bp	566.3 bp −$566	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
BloFin KITE-USDT	+0.0098%	4h	0.1198	+0.026%	$824K	$58K	10x	as long as short
Binance KITEUSDTlong	+0.0100%	4h	0.1198	long leg	$20.0M	$5.7M	10x
Bybit KITEUSDT	+0.0100%	4h	0.1197	−0.041%	$1.1M	$2.5M	25x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1197	−0.116%	$1.0M	$300K	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1198	−0.016%	$741K	$242K	50x	as long as short
KuCoin KITEUSDTMshort	+0.0100%	4h	0.1197	−0.108%	$408K	$59K	10x
Bitget KITEUSDT	+0.0100%	4h	0.1197	−0.108%	$2.7M	$390K	10x	as long as short
BingX KITE-USDT	+0.0100%	4h	0.1197	−0.033%	—	$6.5M	—	as long as short
Variational Omni KITE	+0.0100%	4h	0.1197	−0.046%	$10K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1197	−0.108%	$1K	$1.2M	20x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended KITE-USD	+0.0104%	1h	0.1198	−0.022%	$16K	$150K	10x	as long as short
Aster KITEUSDT	+0.0353%	4h	0.1199	+0.084%	$8.3M	$102K	5x	as long as short
Gate KITE_USDT	+0.0486%	4h	0.1199	+0.084%	$540K	$224K	25x	as long as short