Funding arb · Price arb /

KITE

all KITE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%

Price spread now: SunX against Binance−0.109%7-day average −0.050% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Binance Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.010%−$1 on $10k

Price spread, last 4 days (all we have)+0.220%+$22 · spread now −0.109%, 7d avg −0.050%

Together, before fees+0.211%+$21 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: SunX is 0.060% cheaper against Binance than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.050%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance KITEUSDT	0.1201	0.0100	pay 0.0050% / 4h	51m 47s	$20.0M	$6.0M	10x
Short	SunX KITE-USDT	0.1200	0.0100	get 0.0050% / 4h	51m 47s	$2K	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.109%Rate

Funding earned: $0
Price spread: −0.109% → −0.050%: −$5.96
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$23.96
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 4 min ago; SunX: live order book, 2 min ago. Net counts fees only.

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	2.09 bp	17.4 bp −$17	58.0 bp −$580	doesn't fit	doesn't fit
Sell SunX live order book, 2 min ago	494.03 bp	doesn't fit	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
Binance KITEUSDTlong	+0.0100%	4h	0.1201	long leg	$20.0M	$6.0M	10x
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1199	−0.168%	$1.0M	$319K	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1201	−0.009%	$726K	$292K	50x	as long as short
KuCoin KITEUSDTM	+0.0100%	4h	0.1201	−0.068%	$408K	$61K	10x	as long as short
Bitget KITEUSDT	+0.0100%	4h	0.1202	+0.074%	$2.6M	$495K	10x	as long as short
Variational Omni KITE	+0.0100%	4h	0.1198	−0.313%	$10K	$13K	—	as long as short
SunX KITE-USDTshort	+0.0100%	4h	0.1200	−0.109%	$2K	$1.3M	20x
Extended KITE-USD	+0.0104%	1h	0.1201	−0.016%	$16K	$89K	10x	as long as short
BloFin KITE-USDT	+0.0143%	4h	0.1202	+0.040%	$841K	$50K	10x	as long as short
Bybit KITEUSDT	+0.0223%	4h	0.1201	−0.059%	$1.1M	$2.8M	25x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX KITE-USDT	+0.0230%	4h	0.1201	−0.051%	—	$6.5M	—	as long as short
Aster KITEUSDT	+0.0390%	4h	0.1201	−0.001%	$8.3M	$95K	5x	as long as short
Gate KITE_USDT	+0.0456%	4h	0.1201	−0.001%	$556K	$245K	25x	as long as short