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

KITE

all KITE markets
SwapBacktest
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 0.000%
Price spread now: Bybit against BingX0.000%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$219as in the Funding arb table
Net, price: spread back to 7d avg − costs−$220as in the Price arb table
costs, in and out, $10k−$2182.178% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.017%−$2 on $10k
Price spread, last 7 days+0.014%+$1 · spread now 0.000%, 7d avg +0.019%
Together, before fees−0.003%$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX KITE-USDT0.11910.0100pay 0.0050% / 4h10m 58s$6.5M
ShortBybit KITEUSDT0.11910.0100get 0.0050% / 4h10m 58s$1.1M$2.5M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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
$0
Price spread: 0.000% → +0.019%
−$1.92
Slippage, 4 orders
−$196.78
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$219.69
Costs to cover
2.178%
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; Bybit: live order book, 1 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 BingX live order book, 10 min ago5.88 bp26.4 bp −$2653.8 bp −$538883.1 bp −$88.3Kdoesn't fit
Sell Bybit live order book, 1 min ago4.62 bp76.1 bp −$76doesn'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
Binance KITEUSDT+0.0100%4h0.1191+0.046%$19.8M$5.8M10xas long as short
Bybit KITEUSDTshort+0.0100%4h0.11910.000%$1.1M$2.5M25x
OKX KITE-USDT-SWAP+0.0100%4h0.1189−0.134%$998K$301K10xas long as short
MEXC KITE_USDT+0.0100%4h0.1191+0.050%$721K$248K50xas long as short
KuCoin KITEUSDTM+0.0100%4h0.1192+0.092%$410K$60K10xas long as short
Bitget KITEUSDT+0.0100%4h0.1192+0.109%$2.6M$393K10xas long as short
BingX KITE-USDTlong+0.0100%4h0.1191long leg$6.5M
Variational Omni KITE+0.0100%4h0.1190−0.044%$10K$13Kas long as short
SunX KITE-USDT+0.0100%4h0.1190−0.076%$2K$1.3M20xas long as short
Extended KITE-USD+0.0104%1h0.1191+0.023%$16K$150K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin KITE-USDT+0.0145%4h0.1191+0.025%$821K$57K10xas long as short
Aster KITEUSDT+0.0370%4h0.1191−0.008%$8.2M$103K5xas long as short
Gate KITE_USDT+0.0404%4h0.1192+0.076%$538K$229K25xas long as short